Facebook has finally put to bed a 19-month legal battle with Timelines Inc., the Chicago company that was suing the social network for trademark infringement.
Facebook said Thursday in its 10-Q quarterly report filed with the Securities and Exchange Commission that it had reached agreement with Timelines Inc. to settle the dispute. The social network did not disclose the terms of the settlement, but indicated that the cost was not material to its business.
Timelines Inc. filed suit against Facebook in September 2011 after the social network unveiled that its new member profiles would be called Timelines. Facebook sought to … Read more