Friday, June 24, 2011

Winklevoss Twins 'Give Up' Against Facebook

Twin brothers Tyler and Cameron Winklevoss decided to end the feud and the fight against Facebook founder Mark Zuckerberg. They approved the prepayment of Facebook worth $ 65 million.

Winklevoss brothers and classmates during at Harvard University, Divya Narendra this week through their lawyer said he would not appeal to the Supreme Court of the United States (U.S.).

In 2007, the twins Winklevoss claim Zuckerberg stole the idea of ​​making up. Initially, they asked Zuckerberg to complete software code creation of their social networking sites, ConnectU. At that time, both the twins and Zuckerberg are equally enrolled at Harvard University in 2003.

Reported by PC World, Thursday (06/23/2011), the twins said that Zuckerberg and even stole the code and launched Facebook in February 2004.

The lawsuit further Winklevoss brothers deliver them to sign a deal with Facebook, in which they are entitled to a cash USD 20 million and a share of shares USD 45 million, or USD 36 per share.

As Facebook's increasingly rapid growth and increased profits are achieved social networking, Facebook accused the twins are being unfair to this agreement. That is why the appeals court demanded their return because they feel entitled to a larger part.

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