Status update: Facebook defriends Yahoo, countersues for patent infringement

Remember last month’s post about Yahoo suing Facebook for infringement of 10 of its patents?  It hasn’t taken Facebook long to strike back.  Last week, the social networking giant brought a counterclaim in the US District Court in San Francisco in which it denies Yahoo’s claims and accuses Yahoo of violating 10 of its patents, including patents for displaying advertising, privacy and photo sharing.

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Chinese courts play ball with Jordan IP suit

He is “the greatest basketball player of all time”, according to the NBA.  Forbes ranks “His Airness” as the 20th most powerful celebrity in the world.  He earns around $55 million a year through endorsements and is worth $1 billion in sales to Nike.  A basketball star and businessman, Michael Jordan has also dabbled in acting and professional baseball … and he has a shoe named after him.

Needless to say the “Jordan” brand is worth big bucks.

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