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| timelines.com |
Facebook and Timelines Inc. trademark
dispute settled, Insidefacebook reported. The two companied had a lawsuit for
the term ‘Timeline’ which is the main keyword for both of them.
Timelines Inc sued Facebook in 2011 when Facebook
used their main page system and called “timeline.” Timelines Inc. registered
trademarks for “Timelines,” “Timelines.com” and its “Timelines” logo in 2008.
Facebook reported about the agreement in
its 10-Q quarterly report: "We are also party to various legal proceedings
and claims which arise in the ordinary course of business. Among these legal
matters, in two cases, Summit 6 LLC v. Research in Motion Corporation et al. ,
and Timelines, Inc. v. Facebook, Inc. , we have reached agreements to settle
the matters. The cost of settlement in each case, which is included in the
accompanying condensed consolidated financial statements for the three months
ended March 31, 2013, was not material to our business, financial condition, or
results of operations."
Read more about this trademark dispute here
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