Winklevii drop Facebook appeal - Macleans.ca
 

Winklevii drop Facebook appeal

Accept 2008 ruling that gives them US$65M


 

The Winklevoss twins, made famous by the 2010 film “The Social Network,” have decided to drop their appeal to the U.S. Supreme Court of a ruling upholding their multi-million dollar settlement with Facebook founder Mark Zuckerberg. Cameron and Tyler Winklevoss accused Zuckerberg of stealing the idea for Facebook from them when they were students at Harvard in 2004. In a statement filed in a California court Wednesday, the Winklevii, as they are collectively known, indicated they had decided to accept a 2008 ruling giving them US$65 million. Analysts predict the social networking site could be worth more than US$100 billion on the stock market.

Toronto Sun


 
Filed under:

Comments are closed.