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Yahoo sees several flaws in $2.7 billion Mexico ruling: source

Yahoo Inc believes it has "numerous" grounds to appeal a Mexico City civil court's $2.7 billion preliminary judgment against the company, including both errors in procedure and in application of law, a person familiar with the matter told Reuters on Monday.

 

Yahoo reports earnings, but without new CEO

Yahoo reported its earnings Tuesday, posting a slight revenue decline to $1.22 billion and setting the stage for a new chapter in the company’s history. The company has been busy in the past quarter, settling a patent spat with Facebook, making a deal with Alibaba, launching a new Axis browser in a mobile push, and completely changing the makeup of its board.

 

AOL to sell over 800 patents to Microsoft

Stock Market

Faltering Internet icon AOL was able to squeeze out more than $1 billion from Microsoft for a trove of some 800 patents in an auction, the latest sign of just how valuable such portfolios can be for the world's biggest technology companies.

Senh: Jeez, patents are all the rage nowadays for tech companies planning to sue each other.

 

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