Home > News > Mistrial Declared in Yahoo Search Patent Trial • Bookmark   • Newsletters   • Register Search Options


Mistrial Declared in Yahoo Search Patent Trial

Mistrial Declared in Yahoo Search Patent Trial
Get XBIZ News
May 20, 2005 12:30 PM PDT    Text size: 
SAN FRANCISCO, Calif. – Yahoo's claim to a patent that protects the business method behind paid search advertising has gone uncontested after a judge declared a mistrial in a federal patent infringement trial against search engine FindWhat.com.

The jury failed to reach a decision in the three-year-old patent case pertaining to a system that displays paid advertising links after certain words are entered in a search-engine query.

According to reports, the jury found seven of Yahoo's claims to be invalid but could not agree on the validity of the remaining claims. Yahoo acquired the patent when it purchased Overture Services in 2003 and alleges that FindWhat has been infringing for years.

But Fort Myers, Fla.-based FindWhat denies any wrongdoing.

“We continue to believe that FindWhat.com has never infringed any valid and enforceable claim of the 361 patent,” Craig Pisaris-Henderson of FindWhat.com said.

A hearing is scheduled for June 24 to review whether the patent is unenforceable because of "inequitable conduct committed by Overture. There is speculation among analysts that an out-of-court settlement could result, costing FindWhat between $7 million to $8 million.

In other news, Murray, Frank & Sailer filed a class-action lawsuit on behalf of FindWhat shareholders who purchased or acquired the securities of FindWhat between January 5, 2004 and May 4, 2005.

The lawsuit contends that FindWhat and some of the company's executive officers violated federal securities laws by artificially inflating the company's stock price.

FindWhat last traded on the Nasdaq at $4.90 per share.

More ways to get XBIZ News:  RSS Feeds  |  E-Newsletters  |  Desktop Widget  |  Mobile
Looking for porn star news and behind-the-scene videos? Check out XFANZ.com !


Legal Protection for Amateur Shoots

Any adult industry professional who creates video content with actual first-time amateurs will come to an early knowledge that later performer regret is commonplace. Recognized performers who regularly... More »

Legal Options to Address Pirated Cam Performances

Many webcam performers have experienced a new trend in online piracy — the illegal recording and publication of live webcam performances. The “business model” is disturbingly simple:... More »

A Retrospective on the Adult Industry’s Tall Climb

As certainly the oldest member of the current adult-industry Fourth Estate, and having written for many adult publications, some of which no longer exist, I write this in the first person which, if you... More »
Stay informed of the latest industry developments. Get XBIZ newsletters delivered to your inbox. Subscribe today!
Enter email address:

* To manage existing subscriptions click here.

Submit your press release to
multiple news outlets with 1 click.
Subscribe to RSS news feeds or
add free content to your website.
Access XBIZ news and articles
with your mobile device.
Subscribe to XBIZ World magazine, the industry's leading e-commerce trade publication, delivering in-depth coverage of the online, mobile and ancillary digital markets.



Nov 04 - Nov 06
Edison, New Jersey

2016 Inked Awards

Nov 05 - Nov 05
Edison, New Jersey

XBIZ 2017

Jan 09 - Jan 13
Hollywood, CA

XBIZ Awards 2017

Jan 12 - Jan 12
Los Angeles, CA
Everyday thousands of business professionals browse XBIZ's industry directory for quality products and services. Not listed yet? Your company could be losing potential new business. Submit your company today!
Use XBIZ RSS feeds to stay informed of the latest industry developments or as a content syndication tool for your website!