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A Mexican court has fined Yahoo $2.7 billion dollars over an apparent breach of a contract that seems to date back to 2003. The search giant obviously intends to challenge the decision made.
Microsoft has updated its Terms of Service further, clarifying the usage of their services and what you can do. It might be one of 2012's only pieces of tech-related legalese not used in a lawsuit.
A class-action lawsuit has beaten Facebook into allowing users to opt out of Sponsored Stories, and could also cause significant financial ramifications for the site as well.