According to Business Insider, both AT&T and Verizon have decided to drop the lawsuits over Verizon's hilarious controversial "Map for That" commercials. AT&T believed the commercials to be misleading, splitting hairs about 2.5G EDGE coverage and 3G HSPA, while Verizon believed the truth hurt (ouch).

Since the judge rejected AT&T's request for an injunction, and Verizon will be continuing to air the ads, we're guessing we know who blinked here... (And also guessing Luke Wilson and Apple will continue to fire back...)