News In Brief

Winklevoss twins lose Facebook appeal

Kai Ryssdal Apr 11, 2011

If you happened to see the Facebook movie, “The Social Network,” you’re familiar with the Winklevoss twins — the snooty brothers who say Mark Zuckerberg stole the idea for Facebook from them. If you didn’t see the movie, well, they’re two snooty brothers who say Mark Zuckerberg stole the idea for Facebook from them.

Anyway, they’ve been trying for years now to reverse a deal they made with Zuckerberg to settle a lawsuit they filed against him. The complaint, basically, was that Zuckerberg hoodwinked ’em into taking less than they were entitled to.

The court today said nu-uh, you guys were sophisticated parties to the deal. Their slice of the company right now by the way — $160 million.

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.