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Winklevoss Twins Drop Facebook Lawsuit

Tech

Fight was dramatized in ‘The Social Network.’

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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