Facebook Loses Bid To Exit Cloud IP Patent Suit

By Jeff Sistrunk (January 13, 2014, 7:26 PM EST) -- A California federal judge on Monday denied Facebook Inc.'s bid to exit PersonalWeb Technologies LLC's suit accusing it of infringing patents covering cloud computing and storage systems, finding Facebook's standing challenge is unripe because PersonalWeb is currently in arbitration with a third party over who owns the rights to the patents....

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