1. Tech

    Winklevoss Twins Drop Facebook Lawsuit

    In this July 25, 2007 file photo, twin brothers Cameron, left, and Tyler Winklevoss, founders of ConnectU, talk with reporters following a news conference in Boston. Cameron and Tyler Winklevoss are no strangers to the spotlight. After waging a closely watched legal battle with Facebook Inc., the Greenwich, Conn., natives and Olympic rowers know all too well what it's like to be scrutinized in newspapers, blogs and books. Now they're preparing to see their story told once again, this time, on the big screen.

    Charles Krupa / AP Photo

    Guess this means there won’t be a sequel to The Social Network: The Winklevoss twins have dropped their lawsuit against Facebook founder Mark Zuckerberg. A court ruled in April that the twins—former Olympic rowers who say Zuckerberg stole their idea—were stuck with a 2008 settlement, which awarded them $20 million cash and $45 million in stock. The next stop for them, had they carried on with the lawsuit, would have been the Supreme Court. Still, the shares they received in the 2008 settlement are now probably worth hundreds of millions of dollars.

    Read it at The Wall Street Journal