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Winklevoss twins end Facebook row
2011-06-23
/spandiv style="float:right;width:305px;display:inline;font-size:13px;font-weight:400;font-style:normal;line-height:16px;" img src="http://news.bbcimg.co.uk/media/images/53635000/jpg/_53635767_52114659.jpg" width="304" height="171" alt="Tyler and Cameron Winklevoss"span style="width:304px;"The Winklevosses say Facebook founder Mark Zuckerberg stole their idea for a social network site/span /div div class="story-feature related narrow"Related Stories/div p id="story_continues_1"The Winklevoss brothers, Harvard contemporaries of Facebook founder Mark Zuckerberg, have ended their legal battle with the social network./p pThey reached a $65m ($41m) settlement in 2008, after claiming that Mr Zuckerberg stole their idea./p pThe legal spat was immortalised in the film "The Social Network"./p pIn January they attempted to reopen the case, claiming that they should have received more shares./p pThey sought to undo the settlement of $20m in cash and $45m in stock - now worth more than $100m./p pA US appeals court ruled in April that they could not back out of the deal./p pThe pair had threatened to go to US Supreme Court to overturn the decision but have now said they will not pursue it./p pThey offered no statement on what had prompted their decision to abandon the suit./p pThe twins originally argued that Mr Zuckerberg had stolen their idea after he was hired by them to code their ConnectU site in 2003./p pFacebook has always rejected the claims but agreed to the 2008 settlement to end what it called "rancorous litigation"./ppThis article is from the a href="http://news.bbc.co.uk" title="Link to BBC News"BBC News website/a. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites./p pa href="http://feedads.g.doubleclick.net/~a/diFDtP1LzQb61bTHJuKowwVPqE0/0/da"img src="http://feedads.g.doubleclick.net/~a/diFDtP1LzQb61bTHJuKowwVPqE0/0/di" border="0" ismap="true"/img/abr/ a href="http://feedads.g.doubleclick.net/~a/diFDtP1LzQb61bTHJuKowwVPqE0/1/da"img src="http://feedads.g.doubleclick.net/~a/diFDtP1LzQb61bTHJuKowwVPqE0/1/di" border="0" ismap="true"/img/a/pimg src="http://feeds.feedburner.com/~r/BbcNewsTechnologyFullFeed/~4/y6pgBp1yvC0" height="1" width="1"/
(BBC News)
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