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Facebook, Chicago Firm Settle Suit

CHICAGO (AP) -- There's a settlement in a lawsuit against Facebook (NASDAQ: FB  ) in which Timelines alleges the media giant violated its trademark of the word "timeline."

Word of a settlement came in a filing this week in U.S. District Court in Chicago. No details were disclosed. A judge is expected to formally dismiss the lawsuit Thursday.

In 2009, Chicago-based Timelines launched, which enables users to track historical events and their personal lives online.

Two years later, Facebook released a feature it called "timeline," which similarly highlights users' lives in chronological order.

Facebook asked the presiding judge to throw out Timelines' lawsuit, arguing the word "timeline" is too generic to be trademarked.

But the judge refused, noting Facebook itself sought legal protection of common words it's trademarked, including "poke" and "like."

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