This week came the ruling by a U.S court that the Winklevoss twins would not receive an increase in money from Mark Zuckerburg - Facebook's CEO.
The twins, claiming that Zuckerburg and his co-founders stole their idea for the social networking site, have tried a number of times to increase the amount they felt was owed to them since Facebook launched and became a worldwide phenomenon.
In 2008, the Winklevoss Twins received a $65 million settlement, after court proceedings, despite Mark Zuckerburg denying the allegations that he stole the twins' ideas for the site, and it was assumed that all grievances would end there.
However, in 2010, after deciding that the impressive initial settlement was not enough, the Winklevoss twins tried again to get more money from Zuckerburg, and were even prepared to do this at the risk of losing their complete fortune.
Unfortunately for the twins, the U.S appeals court ruled on Monday that they would not receive any further funds from Facebook, and were to end litigation with the company and its CEO.
Do you think that a $65 million settlement is enough for the twins or should they be entitled to more? Let us know.
Winklevoss Twins Lose Out In Court
Thursday, 21 April 2011
at
12:21
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facebook,
mark zuckerburg,
social networking,
Winklevoss twins
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