Feeds

Winklevoss twins drop Facebook settlement appeal

Lengthy legal dispute draws to a close

Internet Security Threat Report 2014

Cameron and Tyler Winklevoss have decided not to appeal against a ruling upholding the twin brothers' $65m settlement with Facebook, after a long-running dispute with the company's founder Mark Zuckerberg.

The brothers, whose fight with Zuckerberg was dramatised in the Hollywood movie The Social Network, lost an appeal in April this year against a 2008 settlement with Facebook, which granted them $20m in cash and $45m in the firm's shares.

Both men said they would appeal against that ruling at the US Supreme Court.

The Winklevoss twins, according to Reuters, did not reveal in a filing with a federal appeals court in San Francisco yesterday why they had decided to halt any Supreme Court review of the settlement.

The case first went to court in July 2007, when Facebook faced allegations that Zuckerberg stole software code and his business plan from fellow students at Harvard University.

ConnectU Inc, a rival social site operated by the Winklevoss men and Divya Narendra, claimed in the original suit that Zuckerberg agreed to complete code for them, but rather than doing so he delayed their project while initiating his own using their ideas.

Facebook went on to become wildly successful. ConnectU didn't. ®

Beginner's guide to SSL certificates

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.