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- Facebook Inc. reportedly paid out $65 million to settle a lawsuit filed against it by the founders of ConnectU Inc. The suit had charged that Facebook founder and CEO Mark Zuckerberg pilfered their business ideas while a student at Harvard University. Facebook and ConnectU had agreed to a confidential settlement last year.
www.computerworld.com › article › 1581529
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Feb 12, 2009 · ConnectU launched its lawsuit in 2004. The basis of the settlement was Facebook's notional value following an investment by Microsoft, which paid $240m for a 1.6% stake in October 2007,...
Feb 11, 2009 · Facebook Inc. reportedly paid out $65 million to settle a lawsuit filed against it by the founders of ConnectU Inc. The suit had charged that Facebook founder and CEO Mark Zuckerberg...
Facebook lawsuits. Quinn Emanuel lawsuits. The Winklevoss Chang Group lawsuit. In popular culture. References. ConnectU (originally HarvardConnection) was a social networking website launched on May 21, 2004, [1] that was founded by Harvard students Cameron Winklevoss, Tyler Winklevoss, and Divya Narendra in December 2002. [2] .
- May 21, 2004; 19 years ago (as HarvardConnection)
- Social network service
Apr 7, 2008 · Facebook reportedly will settle ConnectU lawsuit. According to the New York Times, the years-long legal tiff is close to an end. Motions to dismiss the intellectual-property case may be just...
Jul 3, 2008 · So, ConnectU has apparently obtained a copy of a tax document showing that Facebook valued itself at $3.75 billion after Microsoft and other investors put millions into the company at a $15...
Jul 26, 2007 · ConnectU, which accuses Facebook of stealing its ideas, has been in legal pursuit of its rival, Facebook founder and CEO Mark Zuckerberg, and early employees Eduardo Saverin, Dustin Moskovitz,...
Quinn Emanuel Urquhart Oliver & Hedges, the law firm that represented ConnectU and the Winklevoss brothers in their protracted lawsuit against Facebook that ended in settlement last April,...
