John Paczkowski

Recent Posts by John Paczkowski

Winklevoss Brothers, Mark Zuckerberg Has Sent You a $65 Million Gift

Frankly, I’m kind of appalled that they’re threatening me after the work I’ve done for them free of charge, but after dealing with a bunch of other groups with deep pockets and good legal connections including companies like Microsoft, I can’t say I’m surprised. I try to shrug it off as a minor annoyance that whenever I do something successful, every capitalist out there wants a piece of the action.”

Facebook CEO Mark Zuckerberg, February 2004

The inane dispute over the provenance of Facebook apparently ended in a multimillion dollar resolution. Facebook has reportedly paid the founders of ConnectU $65 million to settle a lawsuit that accused founder Mark Zuckerberg of lifting the social network’s source code and business plan when he worked for it as a programmer. A nice little financial windfall for the founders of ConnectU–brothers Cameron and Tyler Winklevoss and their colleague, Divya Narendra. Facebook certainly has money to pay to make the suit go away and a very good reason to pay it: It would be poor form to leave its quaint little creation myth in dispute.

News of the “confidential agreement” was apparently broken by ConnectU’s legal counsel, Quinn Emanuel Urquhart Oliver & Hedges, which inadvertently disclosed it in a promotion for its legal services.

“Lawyers in the heavyweight fight had expended great effort to keep the settlement secret–even going as far as persuading a judge to clear the courtroom of reporters on one occasion,” The Recorder reports. “But ConnectU’s former lawyers from Quinn Emanuel Urquhart Oliver & Hedges published the settlement amount in a firm advertisement trumpeting the firm’s prowess. ‘WON $65 million settlement against Facebook’ appears, along with dozens of other Quinn outcomes from last year, in the firm’s January business litigation newsletter.”

All parties involved declined comment on the “confidential settlement.”

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald