Executives at Yahoo and Facebook have completed an extensive strategic deal, as part of a final settlement of their contentious patent infringement lawsuit and countersuit.
According to sources close to the situation, the agreement will include a major expansion of their ongoing partnership, more…

Rewind to the year 2000. There was an explosion in internet innovation. The stock market was starting to get shaky. Lycos, Yahoo!, Infoseek and Excite had sewn up internet search.
Microsoft Corp. (MSFT), the largest software maker, is adding features to its Internet display- advertising products to keep from losing customers to Google Inc. (GOOG) and Facebook Inc. in the $12.3 billion U.S. market.
SAN JOSE, Calif. – A new study by Stanford University researchers has found many online advertising companies continue to follow people’s Web activity even after users believe they have opted out of tracking.
Bing did not gain any market share between June and July, according to the latest numbers but Yahoo was up a notch, which amounts for a gain for Microsoft – and a slight loss for Google.
The two struggling Internet giants of the 1990s, Yahoo and AOL, should merge.
Oodle announced it has added four new executives to its senior team, and reported traffic and revenue had more than doubled in the past year. Oodle is a classifieds aggregator and powers the classifieds services on Facebook and for over 200 leading brands including Cox Interactive, Media General, the Washington Post, Walmart, AOL and Lycos.