A lawfirm representing ConnectU, a small social networking site, says Facebook Inc. paid $65 million to settle a suit in which ConnectU accused Facebook of using its site concept.
ConnectU founders accused Mark Zuckerberg of stealing their site concept and using it for Facebook, and apparently got a pretty penny for it. However, these claims will be a bit hard to prove, as the settlement is supposed to be confidential.
Apparently the settlement info leaked after overzealous PR spinners included it in a newsletter, and it wasn't caught before it was too late.
Published in News
Facebook reportedly coughs up $65 million in settlement
Accused of stealing site concept