Mark Zuckerberg’s 2006 patent application governing certain privacy settings has been approved by the U.S. Patent and Trademark Office.

The patent is for “a system and method for dynamically generating a privacy summary.’’ Both Zuckerberg and Chris Kelly are credited as inventors.

The patent is No. 8,225,376 and titled “Dynamically generating a privacy summary.” In terms of the ongoing Silicon Valley patent wars, particularly one recently resolved between Facebook and Yahoo, this will have little, if any effect, on Facebook’s overall status in the high-stakes patent battlefield. As ReadWriteWeb’s Gina Smith writes, “this new patent is mostly a fancy accessory for Zuckerberg.”

News of the patent award comes shortly after Facebook and Yahoo announced on July 6 that they had settled their patent suit, following months of litigation. The Post’s Hayley Tsukayama reports that terms of the agreement involved cross-licensing of patents and collaboration on events, integrating social media with coverage on Yahoo’s Web site. No money exchanged hands.

(Source: ReadWriteWeb)

The Washington Post Co.’s chairman and chief executive, Donald E. Graham, is a member of Facebook’s board of directors.

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