In the past few months, Facebook’s patent portfolio has grown exponentially as a result of acquisitions of patent portfolios from IBM and Microsoft. After acquiring 650 AOL patents and patent applications from Microsoft, the company now has approximately 1,400 patent assets… Tweet This Post

Yahoo just took its war of lawsuits with Facebook to the next level, adding two more patent-infringement claims to the 10 it filed for back in March. The company also accused Facebook of not having a good-faith belief in the counterclaim it filed almost a month ago… Tweet This Post

Friday, social networking giant Facebook finds itself once again on the defensive. Litigious cross-town rival Yahoo has filed new claims against the soon-to-IPO company, asserting that Facebook’s patents are “tainted… Tweet This Post

The 650 patents that Facebook acquired from Microsoft are “web-related” said a source with knowledge of the deal and listed some specific examples. The source said the portfolio includes patents related to: instant-messaging, e-commerce, LTE, mobile, handsets, search and advertising… Tweet This Post

Sometimes, growing up sucks. “We’re Not Young” — a depressing but funny viral video that turns indie pop band Fun’s “We Are Young” smash hit on its head — captures the conflicts people encounter in their 30s… Tweet This Post

Welcome to this morning’s edition of “First To Know,” a series in which we keep you in the know on what’s happening in the digital world. Today, we’re looking at three particularly interesting stories… Tweet This Post

Yahoo Chief Executive Scott Thompson plans to bring the Web portal to its former glory by doing away with everything that does not contribute to its core business of profit-driving ads and e-commerce. On Tuesday, Thompson, who left eBay’s division of PayPal to become CEO and president in January, held his first earnings call with [...]

One would guess that the big Yahoo layoff-reorganization includes a culling of some the company’s weaker properties — and yes, we’re hearing today that this includes Music and possibly Movies, popular sites that don’t monetize well… Tweet This Post

One week after Yahoo announced it would lay off 2,000 employees, the company has now confirmed the second part of its restructuring: a reorganization that puts the company’s assets into three new business units — consumer, regions and technology, with at least one operation put to the side for a potential sale… Tweet This Post

Two thousand people losing their jobs is just the worst kind of news and for Yahoo, it’s a culmination of years of decline. The company is not decimated. As of Q3 2011, it employed over 14,000 full-timers… Tweet This Post

The news that’s been telegraphed for weeks is done: Yahoo has finally confirmed that roughly 2,000 staffers, 14.1 percent of its workforce, are losing their jobs as new CEO Scott Thompson remakes the business around the buzzwords smaller, nimbler, core, best in class… Tweet This Post

Facebook updated its $5 billion initial public offering (IPO) filing this week to include the details about its patent battle with Yahoo. This is the third time Facebook has amended its S-1 form. The list of lawsuits against the company seems to grow as the company gets closer to becoming a publicly traded company, which [...]