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Moreover Folds, Settles With AP

Signaling that maybe nobody is willing to let this linking-and-snippet business go to court, Moreover and parent company VeriSign have settled a lawsuit filed by the Associated Press for undisclosed terms. By the tone of the press release, though, those terms must be favorable to the plaintiff. "AP is pleased to have resolved the litigation in an amicable manner and appreciates VeriSign and Moreover's efforts to resolve AP's concerns," said AP Vice President and General Counsel Srinandan Kasi.