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Facebook pays $65 million to ConnectU

Nibble Secret agreement leaked
Wed Feb 11 2009, 15:22

FACEBOOK has paid $65 million to settle a claim that Facebook founder Mark Zuckerberg nicked his ideas for the social notworking site.

ConnectU, a smaller social network, accidently included the settlement amount Facebook paid its founders in a newsletter and made the confidential settlement public.

Apparently the figure was included by PR bunnies making the newsletter and didn't get caught before it was released.

No one is saying anything now. µ

L'Inq
AP

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Comments
Money down the UConnect

I thought Facebook was strapped for cash -- hence selling market research facilities? Now we know why.

posted by : Simon Williams, 12 February 2009 Complain about this comment
nicked his ideas??

Since when are ideas protected intellectual property?

Do you think they'll have to give the money back now?

posted by : Guy Gordon, 11 February 2009 Complain about this comment
testing formatting

do html tags work br blah < br blah br blah [br] blah /br blah /p blah

posted by : ssj4Gogeta, 11 February 2009 Complain about this comment
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