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Author: Admin | 2025-04-27
Time, Zuckerberg engaged in multiple electronic instant message communications with people outside of the HarvardConnection team. On March 5, 2010, certain electronic instant messages from Mark Zuckerberg's hard drive were leaked to the public.[18] On September 20, 2010, Facebook confirmed the authenticity of these leaked instant messages in a New Yorker article.[32]The HarvardConnection team subsequently allegedly formed a partnership The Winklevoss Chang Group with i2hub, joining the popular peer-to-peer service with ConnectU. The partnership promoted their properties through bus advertisements and press releases. i2hub integrated its popular software with ConnectU's website as part of the partnership. The team also jointly launched several projects and initiatives.[33][34]In 2004, ConnectU filed a lawsuit against Facebook alleging that creator Mark Zuckerberg had broken its oral contract. The suit alleged that Zuckerberg had copied ConnectU's idea[35][36] and illegally used source code intended for the website Zuckerberg was hired to develop.[28][37][38][39] Facebook countersued with respect to Social Butterfly, a Winklevoss Chang Group project. The countersuit named among the defendants ConnectU, Cameron Winklevoss, Tyler Winklevoss, Divya Narendra, and Wayne Chang, founder of i2hub.[40] An agreement settling both cases was reached in February 2008, with the Winklevoss party receiving $20 million in cash and $45 million in Facebook stock.[41][42] In May 2010, however, ConnectU accused Facebook of misrepresenting the value of the stock that it turned over to the ConnectU plaintiffs as part of the settlement and sought to void the settlement. ConnectU alleged that the value of the stock was $11 million rather than $45 million, as represented by Facebook at the time of settlement.[41] As a result, the total settlement value would have been $31 million, rather than the $65 million reported.[43][44] On August 26, 2010, the New York Times reported that Facebook shares were then trading at $76 per share in the secondary market, putting the value of the total settlement at close to $120 million.[45][46] If the lawsuit to revise the settlement were to succeed, the settlement value would rise to $466 million.[47] In April 2011, Ninth Circuit judge Alex Kozinski opined that "[a]t some point, litigation must come to an end. ... That
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