It should come as no surprise that Facebook is being sued. But this lawsuit is because Facebook is stealing more from Yahoo than Yahoo is taking from Facebook.
What is this all about? According to the April 9, 2012 issue of Fortune, Facebook is using more technology that Yahoo has patented than Yahoo is using of Facebook’s. And Facebook is using 5 times more of Amazon’s patents than the reverse, so look for another lawsuit on that later. Usually, this ratio between all these companies is 1:1, ensuring that everyone uses each other’s technology with impunity. So where will this all end up? Nowhere. They’ll all trade a little money and get right back to stealing from each other again.
But there’s more Facebook news. Their new Timeline push is getting them in hot water, too. And that’s besides them crying foul on clickjackers while they plan to make even more money off their users. Helpfully, though, you can now be served legal notices via Facebook. Wait… that’s not really helpful, is it?
And then there was that whole fiasco with businesses asking for potential employee’s Facebook passwords. First of all, no. Second, even Facebook didn’t like that idea – no doubt they’ll have some kind of premium business search which will let Facebook charge businesses to see who is complaining about them.
Do you recall GoWalla? Facebook bought them to get into the location sharing market, more or less. In the end, Facebook couldn’t make that technology work financially.
On the upside, Facebook predicts they will top a billion users by August 2012 and Google + is not far behind with 800 million. Wonder why Google and Facebook don’t like each other? It’s all about competition.