“While we are asserting patent claims of our own, we do so in response to Yahoo's short-sighted decision to attack one of its partners and prioritize litigation over innovation.”

–Ted Ullyot, general counsel of Facebook

After Yahoo! filed a patent infringement suit against Facebook, it didn't take the social media giant long to respond in kind. Facebook alleges that Yahoo!'s Flickr photo-sharing site and Yahoo! News page—among other features—infringe on Facebook patents protecting news feeds, photo tagging and search algorithms.

“I do not recall when I saw these emails, but I understood that the finance team was looking for an adjustment and support to eliminate the deficit.”

—Laurie Ferber, former GC of MF Global Holdings, speaking at a Congressional hearing

Ferber testified before the House Financial Services Committee that she received emails detailing a shortfall in MF Global's customer accounts just before the financial derivatives broker went bankrupt last fall. However, she denied any knowledge of the company's alleged misuse of customer funds, and claimed that she did not provide assurances to JPMorgan Chase & Co. that MF Global was segregating customer collateral, as the requests were too broad.

“By leveraging the online identity information all registered sex offenders are required to provide, we are able to help reduce potentially harmful situations.”

–Rich Wallis, deputy GC for Microsoft

Several major gaming companies—including Microsoft, Sony and Electronic Arts—purged the accounts of more than 3,500 registered New York sex offenders as part of “Operation: Game Over.” Proponents of the measure say that it will make it harder for sexual predators to communicate anonymously with underage victims.