Tag archive: ConnectU

Earlier today, U.S. District judge Douglas Woodlock in Boston dismissed a motion filed last month by the Winklevoss twins and Divya Narendra that claimed Facebook suppressed evidence during the first lawsuit brought by the brothers. The original lawsuit was dropped after the three men settled out of court for $65 million. As Facebook is estimated at being worth $100 billion today, the Winklevoss twins claim that they are owed more money based… Read More

Good news for fans of David Fincher’s The Social Network—a real life sequel may be in the works. But rather than heading to a theater near you, this drama will be played out in the Federal Court of Appeals for the Ninth Circuit. Perhaps infused with the success and their favorable portrayal in The Social Network (portrayed in the film by Armie Hammer), or perhaps spurred on by the explosive expansion of Facebook, the Winklevoss Twins, Tyler and… Read More

In a particularly complex legal tale, ConnectU has been ordered by a court to honor an agreement and hand over its stock to Facebook, even though ConnectU is suing Facebook over misrepresentation of its value in the settlement on another suit. Got that? Good. Back in 2004 the founders of the ConnectU social networking site, brothers Cameron and Tyler Winkelvoss and Divya Narenda, sued their fellow Harvard student Mark Zuckerbug, claiming… Read More

The hearing regarding the alleged theft of the code at the heart of the Facebook social network has been delayed until August 8. It was originally scheduled totake place this week.   Judge Douglas Woodcock has given the extension so the accusers, three men who were at Harvard with Facebook founder Mark Zuckerberg. They allege he agreed to work withthem to create the code for their social network site, ConnectU, in 2002, but later took it to… Read More