Thursday, June 23, 2011

After Seven Years, The Winklevosses Give Up On Battle With Facebook

After seven years of lawsuits! ... After reaching a $65 million dollar settlement with Facebook in 2008 which they then tried to rescind on the argument that Facebook gave them misleading information! ... After vowing that they would challenge an April 2011 ruling by the 9th Circuit Court and take their case all the way to the Supreme Court, (!) the Winklevosses have just?given up?on their fight against Facebook. In a statement made to the United States Court of Appeals for the Ninth Circuit in San Francisco today, the twins and friend Divya Narendra said that they have dropped the legal appeal of the most recent court ruling (in favor of Facebook) after "careful consideration."

Source: http://feedproxy.google.com/~r/Techcrunch/~3/xngA3hgzzJE/

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