Facebook to settle the ConnectU case

Brad Stone over at the NYT reports today that Facebook is intending to settle the suit brought against it by ConnectU and that an agreement could be reached within a matter of weeks.

ConnectU, founded by twins Cameron and Tyler Winklevoss along with Harvard classmate Divya Narendra, originally filed suit against Facebook in 2004, claiming that Mark Zuckerberg and his fellow Facebook co-founders (also Harvard classmates) essentially stole the idea and initial code from ConnectU, then called HarvardConnection, and instead launched their own site, at the time called TheFacebook.

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