Yahoo Stabs Facebook In The Back
techcrunch.com
techcrunch.com
If you read the NYT article, Yahoo merely warned Facebook about potential patent violations. There is no back-stabbing, this is business as usual. I wish Techcrunch would quit with the drama already.
I think their brand will take a hit in the Valley. It's not the freshest and shiniest brand anyway, but still there is a long way down for it to go, and I think this will send it down some notches.
It's really sad to see Yahoo! becoming the SCO of social networking.
Except when it's apple. Or microsoft. or anytime there is big profit to be done, or negociations breaks on contending points. it's just business as usual.
If true, one interesting point in the article is that yahoo has 2,661 pending patents in the pipe. Regardless of if these are "good" patents or not, it sounds like a non neglictable number for a company that doesn't get the spotlight so much these days.
Yahoo refuses to innovate their way out of ten years of stagnation, despite the opportunities. So they're going for the fast profits. In reality, this kind of thing will destroy whatever relationships Yahoo has, isolate them, and make their situation worse.
Facebook was no threat to Yahoo, and they could have benefited eachother long term. Instead, Yahoo just got unfriended.