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Facebook is not very talkative
on the legal dispute with ConnectU (neither are they), but is looks like there’s
a settlement on the way, sources familiar with the talks said, according to the
New
York Times. The exact terms of the settlement still remain unclear, as none
of the parts involved wished to comment on the speculations.
What led to the long dispute
between the two? ConnectU founders Tyler Winklevoss, Cameron Winklevoss and
Divya Narendra filed a suit accusing Zuckerberg of using their
ideas to create his own website, but Facebook answered by accusing ConnectU of
unfair business practices.
As it appears, the three hired
Zuckerberg to help create a dating site, but Zuckerberg allegedly
compromised their project to create his own site, which later brought him an
estimated $1 billion.
The case against Facebook didn’t
exactly put ConnectU on a strong position, especially considering that just a
few months after they filed the suit last year, a federal judge said there was not enough
evidence to support the allegations against the Facebook creator.
An anonymous source told the New
York Times that the settlement is not completed yet, but it will most probably
be within the next few weeks.
Facebook is a social-networking
site that has managed to gain over 69 million users worldwide since it was
launched in 2004, and Mark Zuckerberg, the founder of the Facebook, is among
the world’s youngest billionaires.
It hasn’t been an easy road for
Facebook, as both ConnectU and houseSYSTEM say Zuckerberg took his ideas from
them, and a privacy problem put Facebook in a shadow cone. But things appear to
come together now, as they are reportedly about to set the record clean, at least with
ConnectU.
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