Facebook Rivals Discuss 'The Social Network' and Continuing Dispute

Lora Bentley

Because it wouldn't be a Friday afternoon without Facebook legal trouble, I thought I'd share this tidbit from Bloomberg:

Cameron and Tyler Winklevoss resolved litigation with Facebook for $65 million in 2008. However, they are contesting the settlement, claiming they were misled about the value of the site during negotiations.

Bloomberg also features a video interview with the twin brothers who sued Facebook and Mark Zuckerberg for stealing their social-network idea, and whose story is portrayed in the upcoming Sony Pictures movie, "The Social Network." The movie, based on Facebook's beginnings, is due in theaters Oct.1 and reportedly does not paint Zuckerberg in a flattering light.


Speaking about the decision to contest their settlement with Facebook, Cameron Winklevoss told Bloomberg's Cris Valerio:

We're upset...because what he did was wrong.... We're going to continue to pursue it as best we can until we can find resolution that we're satisfied with.

Add Comment      Leave a comment on this blog post

Post a comment





(Maximum characters: 1200). You have 1200 characters left.




Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.