Investment fund GSV Capital Corp has taken a small stake in Facebook that values the world's No. 1 social networking site at about $70 billion.
Facebook founder Mark Zuckerberg, who beat out Steve Jobs for the honor of Time magazine’s “Person of the Year” and Forbes magazine’s list of wealthiest American’s in 2010, has modeled his management style after Steve Jobs.
The Winklevoss twins are going after Facebook from an alternate argument.
The Winklevoss Twins, who sued Facebook founder Mark Zuckerberg for allegedly copying their idea for the world’s most popular social networking site, are now taking the fight to a federal court in Boston, a day after they decided not to appeal a U.S. Supreme Court to undo a 2008 settlement with Zuckerberg.
Just a day after Cameron and Tyler Winklevoss indicated they gave up the fight and were not taking any lawsuit against Facebook founder Mark Zuckerberg to the Supreme Court, the twin brothers and their business partner Divya Narendra filed another status report on Thursday in U.S. District Court for the District of Massachusetts.
The Winklevoss twins are still after Facebook. A filing on Thursday showed that the Winklevoss twins aren't giving up yet. In abandoning their California case, they've resumed a case filed in Boston courts.
The Winklevoss twins aren't done with Facebook. On Wednesday, they filed a document stating that they will not appeal a decision against them rendered by a California court, which seemed to indicate they're abandoning their Facebook lawsuit.
Olympic rowing twins Cameron and Tyler Winklevoss are pushing ahead with another suit against Facebook, a day after they decided not to appeal a U.S. Supreme Court ruling upholding their $65 million settlement with Facebook and its founder Mark Zuckerberg.
The brothers are seemingly making one last appeal, asking a Massachusetts judge to investigate whether or not Facebook inadvertently hid evidence from them.
The Winklevoss twins are dropping their lawsuit against Facebook to overturn a 2008 settlement worth $65 million back then. Now, millions of dollars (in their settlement's growth in value) and several legal maneuvers later, they are finally going away.
After careful consideration, Winklevoss twins Cameron and Tyler have decided not to seek Supreme Court review about their $65 million settlement with Facebook Inc.
Olympic rowing twins Cameron and Tyler Winklevoss have decided not to appeal to the Supreme Court a ruling upholding their $65 million settlement with Facebook Inc and its founder Mark Zuckerberg, signaling the possible end of the long-running dispute.
The Winklevoss Twins, who sued Facebook founder Mark Zuckerberg for allegedly copying their idea for Facebook, have dropped their lawsuit and will accept their $65 million settlement.
Olympic rowing twins Cameron and Tyler Winklevoss have decided to drop their lawsuit against Facebook CEO Mark Zuckerberg, ending a long legal battle between the two parties.
The brothers Winklevoss and partner Divya Narendra are giving up their pursuit of more money from Mark Zuckerberg and co.
The Olympic rowing twins Cameron and Tyler Winklevoss have decided not to appeal to the Supreme Court a ruling upholding a $65 million cash-and-stock settlement reached with Facebook Inc.
Apple makes Final Cut Pro X, an enhanced version of the editing software available at $300 on the Mac App Store.
Facebook is rumored to announce its deal with the Sweden-based music streaming company Spotify in August at its annual developer conference f8.
Social networking site Facebook lost a significant number of its users in the US in May, raising fears over the site’s user base reaching saturation levels in the country.
Facebook is getting closer to its eventual IPO, and speculations are rife that the offering could value the social networking giant at $100 billion. But considering reports on privacy issues that made Mark Zuckerberg put his foot in his mouth a few times, questions over his ability to manage the $100 billion Facebook seem to be logical.
Facebook is readying an iPad app and expects to release it in the coming weeks, according to rumor mills.
Paul Ceglia, the man who claimed half of Mark Zuckerberg's stake in Facebook, has cleared a lie-detector test, which was conducted to determine the authenticity of the 2003 contract with Zuckerberg