Why Facebook-Microsoft Patent News Isn't a 'Disaster' for Yahoo!

NEW YORK (TheStreet) -- Earlier Monday,Microsoft(MSFT_) announced that it would basically split the patents it had recently bought from AOL(AOL_) with Facebook. Facebook will pay roughly half the costs to get their hands on them.

Immediately, the pundit-sphere started cackling thatYahoo!(YHOO_) was about to have its head handed to it by Facebook because of this news.

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