Yahoo! and Google Resolve Disputes

Aug 09, 2004

Yahoo! Inc. and Google Inc. today announced that the companies have resolved two disputes that have been pending between the companies.

Under the terms of the settlement agreement, Google will take a license to U.S. Patent No. 6,269,361 and several related patents, held by Yahoo!'s wholly-owned subsidiary, Overture, and Yahoo! dismissed its patent lawsuit against Google. The two parties have also resolved a dispute regarding shares issuable to Yahoo! pursuant to a warrant to purchase Google shares in connection with a 2000 services agreement.

In connection with the settlement of the warrant dispute, the patent lawsuit, and in payment for the license, Google issued shares of its Class A common stock to Yahoo!.

Source: Yahoo! Inc.

Explore further: Colombia transforms old tires into green housing

Related Stories

Does your password pass muster?

Mar 25, 2015

"Create a password" is a prompt familiar to anyone who's tried to buy a book from Amazon or register for a Google account. Equally familiar is that red / yellow / green bar that rates the new password's strength. ...

Why are women leaving the tech industry in droves?

Mar 06, 2015

Ana Redmond launched into a technology career for an exciting challenge and a chance to change the world. She was well-equipped to succeed too: An ambitious math and science wiz, she could code faster, with fewer errors, ...

Google loses US search share, Yahoo on rise

Jan 09, 2015

Google saw its share of the US Internet search market slip to its lowest ever mark, while Yahoo notched its highest share in five years, an independent analytics firm said Thursday.

Recommended for you

Secure payment on Internet?

29 minutes ago

Now that it has become a common feature on the news to hear about cyber attacks on an international scale, cybersecurity is seen as a first priority by Internet users. There can be no doubt that the web has become a battleground ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.