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Tag Archive: Tyler

Facebook Settled Origin Suit For $65m

Facebook Settled Origin Suit For $65m

$65 million sounds like a lot of money. Okay, it is a lot of money. But compared to the $15 billion valuation put on social networking site Facebook, it’s peanuts. Yet it’s the amount Mark Zuckerberg agreed to pay former Harvard classmates, Cameron and Tyler Winklevoss, to settle the suit they brought against him, claiming he stole the idea for Facebook from their site, HarvardConnect, which became Connect U.

The amount had never been officially disclosed, but was revealed in a newsletter from California legal firm Quinn Emmanuel Urquhart Oliver & Hedges, which acted for the Winklevoss brothers. It was spotted by The Recorder.

Facebook – ConnectU Legal Battle Nears End

Facebook - ConnectU Legal Battle Nears End

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 he stole their social networking site idea while doing work for them in 2003.

Sony Intros ES-series AV Receivers

Sony Intros ES-series AV Receivers

Sony has announced three new AV receivers in its Elevated Standard (ES) line, aiming to please the home theater crowd with 1080p video support, the latest high-end audio codecs, and Faroudja DCDi Cinema technology for video upscaling. The new models also sport a PlayStation-inspired xross media bar onscreen interface to esy navigation and configuration. The ynits also sport Sony’s Digital Cinema Auto Calibration for setting up surround sound, and Bravia Sync for coordinating compatible Sony home theater components. The units also sport a Digital Media Port that adds connectivity options for Sony Walkmans, satellite radio, and devices like Apple’s iPod media players.

Nintendo Hit with $21 Million Patent Ruling

A federal jury in an Texas court has found that Nintendo infringed on a patent held by the Tyler, Texas-based company Anascape, and ordered the company to pay Anascape $21 million. The suit, filed in mid-2006, claimed that the controller for Nintendo’s GameCube, as well as the company’s WaveBird and “Wii Classic” controller, infringe on Anascape’s patents. The company also sued Microsoft over the design of its game controllers, but Microsoft settled with the company on May 1, before the trial began, for an undisclosed amount.

Apple Sued Over Touch-Screen Keyboard

Apple may be rolling in dough from the successful release of its iPhone, but all that money lying around also seems to have made the company a lawsuit magnet. First, a Chicago man sued Apple for the iPhone’s battery life limitations, and now a Florida company is claiming its touch-screen keyboard violates a seven-year-old patent it holds.

According to AppleInsider, SP Technologies formally lodged its complaint against Apple on Thursday, with a court in Tyler, Texas. The company’s patent, 6,784,873, is for a “Method and medium for computer readable keyboard display incapable of user termination.” The patent describes an input area “created by a computer program on a display capable of receiving touch-screen input,” that may “contain a keyboard which is an image map.”

Facebook Founder Accused Of Code Theft

Facebook Founder Accused Of  Code TheftFor the second time in three years, Facebook founder Mark Zuckerberg is in court, facing charges that he stole the code that’s the basis for his massivelysuccessful social network site.   The court date this week in Boston has been brought by brothers Cameron and Tyler Winklevoss and Divya Narenda, who claim that Zuckerberg, whom they asked tohelp them create a college social networking site in 2002, when they were all students at Harvard, stole the code he’d created for them, along with the business plan and design.  Zuckerberg went on to create Facebook, for which he turned down a $1 billion offer from Yahoo, while the site created by the other, called ConnectU,hasn’t fare as well, with just 70,000 users, compared to Facebook’s 31 million.   The trio first brought suit against Zuckerberg in 2004, but that was thrown out because of atechnical error. The charges this time remain essentially the same, with the three saying Zuckerberg was a full but unpaid member of their team whom they accuse of copyright infringement, thestealing of trade secrets, breach of contract and fraud.   They’re asking for Facebook to be shut down, along with a transfer to them of Zuckerberg’s assets, and additional money to bepaid as damages.   Realistically, Facebook is unlikely to be closed by any judge. If found guilty, Zuckerberg will likely have to pay a monetary penalty instead. However, he’s claimed thathe’s innocent; in an article he said, “there is really good documentation of this: our code base versus theirs.”

Office Depot And HP Offer Recycling Program

The program, which runs from July 18 through September 6, 2004(1), will leverage HP’s electronics recycling expertise and Office Depot’s retail presence to offer consumer and business customers the most comprehensive, convenient and environmentally responsible electronics recycling service available.

Office Depot and HP will collect and recycle a broad range of information technology and digital entertainment products from any manufacturer, including desktops, notebooks, keyboards, mice, printers, scanners, handhelds, digital cameras, fax machines, desktop copiers, flat panel displays, monitors, TVs (27″ or smaller), TV/VCR combos and cell phones. All products collected from Office Depot stores will be recycled at HP’s U.S. recycling facilities in Roseville, Calif. and near Nashville, Tenn.

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