Yahoo and Facebook have settled their patent row, according to reports.
Yahoo sued the social network in March claiming 10 of its intellectual properties had been infringed.
Facebook subsequently bought 750 patents from IBM and counter-sued. It later bought hundreds more patents from Microsoft to strengthen its defence.
According to the tech blog AllThingsD the deal involves both companies licensing innovations from the other.
It said that the firms had also agreed to combine some of their advertising efforts, adding that no money had changed hands.
The Associated Press news agency said one of its sources had confirmed the report.
AllThingsD reported that Yahoo's interim chief executive Ross Levinsohn had begun moves to resolve the dispute immediately after taking over from his ousted predecessor. It added that Facebook's chief operating officer Sheryl Sandberg had become involved in the resulting negotiations.
The move may help secure Yahoo's top job for Mr Levinsohn. He was competing for the role against Hulu's boss Jason Kilar.
But, the video streaming service announced Mr Kilar had "graciously declined" to be considered for the role shortly after news of the patent agreement leaked.
Although it is reported that no money has exchanged hands, the row has still proven to be expensive.
Facebook had paid Microsoft $550m (£355m) to buy 650 patents and license a further 275. It has not disclosed the cost of its deal with IBM, although the tech site Cnet has suggested the sum was $83m.
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