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It seems that Facebook is preparing its artillery for the patent infringement battlefield. The social network company has confirmed that it bought several patents from IBM Corp. but did not disclose any other details regarding the patent acquisitions. IBM was also mum on the topic.

Just several weeks ago, rumors spread that Facebook acquired around 750 software and networking patents from IBM right after Yahoo! accused Facebook of infringing 10 of its patents.

The patent buying spree came as major Internet players battle it out in patent infringement courts and also right after Facebook prepared for an initial public offering.

Yahoo! has filed a lawsuit in the U.S. District Court for the Northern District of California accusing Facebook of infringing its patent on areas such as advertising, privacy and messaging. It asked the court to stop the alleged infringement activities of Facebook and to assess the damages the brought about by the patent infringements. In the suit, Yahoo! said that Facebook's growth to more than 850 million users "has been based in large part on Facebook's use of Yahoo!'s patented technology."

"We're disappointed that Yahoo!, a longtime business partner of Facebook and a company that has substantially benefited from its association with Facebook, has decided to resort to litigation," a Facebook spokeswoman said.

In the suit, Yahoo! said that Facebook's growth to more than 850 million users "has been based in large part on Facebook's use of Yahoo!'s patented technology."

"For much of the technology upon which Facebook is based, Yahoo! got there first and was therefore granted patents by the United States Patent Office to protect those innovations," Yahoo! said. "Yahoo!'s patents relate to cutting edge innovations in online products, including in messaging, news feed generation, social commenting, advertising display, preventing click fraud and privacy controls," the Internet giant added.

In recent years, Yahoo! has been struggling to build a profitable business and maintain its image as the Internet's leading light.

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Facebook stocks up on patent artillery

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PGTV Freestyle - Pork Piff, Splintz, Chunk SD, Dot KaDaj

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Where Do the Rich Live? - WSJ's Money Talks - Video

Cayman Islander Jeffrey Webb has accepted the nomination to become the new president of CONCACAF, replacing Jack Warner as chief of the governing body for soccer in North and Central America and the Caribbean, the official said on Monday.

Webb said he had been nominated by 25 out of the 40 member nations in CONCACAF and would be formally voted into office at the body's congress in Budapest, Hungary, on May 23.

"I am humbled by the tremendous out pouring of support and encouragement received from so many of the member countries," he said in a statement.

"It is this unity of the CONCACAF that will champion our success, and if elected, it is my intention to build on that unity through collaboration, transparency, integrity, engagement, and accountability."

CONCACAF was thrown into turmoil after president Jack Warner quit amid allegations of involvement in a cash-for-votes scandal in the presidential campaign for world soccer governing body FIFA.

Warner's long-established right-hand man, American general secretary Chuck Blazer, also quit the body at the end of 2011.

Alfredo Hawitt of Honduras has served as CONCACAF's interim president since Warner's resignation.

Webb has held a number of positions with the Cayman Islands Football Association, including his current role as president, and has also served on several FIFA committees.

CONCACAF's congress will take place in Budapest, shortly before the full FIFA congress in the same city.

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Cayman Islands chief set for CONCACAF top job