Just one week after losing their appeal to re-open their 2008 settlement against Facebook creator Mark Zuckerberg, Tyler and Cameron Winklevoss are appealing the court’s decision. The Associated Press is reporting the Winklevoss twins are asking the federal appeals court to reconsider their opinion that the Harvard alums accept the terms of their settlement. Back in 2008, the Winklevosses accepted $20 million in order to drop their suit against Facebook that alleged Zuckerberg had stolen their idea for the social media site.
Tag: Tech (31-40 of 166)
This weekend, CollegeHumor’s Jake and Amir announced the nominees for the 15th annual Webby Awards. The long list of contenders includes Conan O’Brien’s Team Coco site (for Celebrity/Fan Site), Late Night with Jimmy Fallon (for Humor Site), Old Spice’s Response Campaign (for Best Use of Online Media, Best Use of Social Media, and Viral Marketing), and Angry Birds (for Comedy Long Form or Series).
Each category will have two winners — one chosen by the International Academy of Digital Arts and Sciences, and one “People’s Voice” winner picked by an online vote. Winners will be announced on May 3. For a full list of nominees, and to vote for your favorites through April 28, visit the Webby Awards’ homepage.
Cameron and Tyler Winklevoss, the Harvard-educated twins who accused Facebook creator Mark Zuckerberg of stealing their social network idea, were told by a court that they could not re-open their 2008 agreement in the hopes of a more lucrative settlement. “The Winklevosses are not the first parties bested by a competitor who then seek to gain through litigation what they were unable to achieve in the marketplace. And the courts might have obliged, had the Winklevosses not settled their dispute and signed a release of all claims against Facebook,” wrote Chief Judge Alex Kozinski of the U.S. 9th Circuit Court of Appeals. “At some point, litigation must come to an end. That point has now been reached.”
News Corp. is looking to unload Myspace, according to Bloomberg News, and Vevo.com, the fifth-largest music video website, owned by three of the industry’s biggest record companies, is in talks to take over. According to people familiar with the negotiations, News Corp. would swap Myspace for a stake in some new venture with Vevo. News Corp. has hopes to move Myspace, which has seen traffic shrink 29 percent since redesigning its web presence last October, by this June.
Myspace cuts half its staff
The iPad 2 hit stores on Friday, and according to Reuters, nearly one million iPad 2 devices were sold over the weekend. (By comparison, the original iPad took about a month to reach that milestone.) Other estimates are slightly more conservative, but with reports of sold-out stores, it’s clear that the upgraded tablet device is resonating with consumers.
Steve Jobs, the iconic co-founder and CEO of Apple, emerged at Apple’s iPad 2 event in San Francisco to a standing ovation, according to the LA Times. Jobs has stepped away from day-to-day duties at the company due to ongoing health concerns, but as he explained to the audience, “We’ve been working on this product for a while and I just didn’t want to miss the day.” Jobs led off his presentation by noting key facts about “The Year of the iPad” (among other notes, that users have downloaded 100 million books and that the iPad has generated $9.5 billion in revenue for Apple) before introducing the new-model tablet: The iPad 2.
Check back at EW.com later today for a full report on today’s Apple announcement.
The estimated 10 million subscribers who initially signed up for Amazon Prime to receive free two-day shipping on their orders just landed an enormous bonus: As of today, members have access to unlimited, commercial-free streaming of more than 5,000 movies and TV shows. Amazon is making a concerted effort to compete with Netflix, which has more subscribers and a larger catalog, but costs more.
AOL has agreed to acquire The Huffington Post website for $315 million. The left-leaning website was launched in 2005 by a group led by Arianna Huffington and currently boasts a readership of 25 million unique monthly visitors (according to December ComScore numbers). “This is truly a merger of visions and a perfect fit for us,” said Huffington, in the statement. “The Huffington Post will continue on the same path we have been on for the last six years – though now at light speed — by combining with AOL.”
Huffington will be president and editor-in-chief of AOL’s new Huffington Post Media Group, which will include content from Engadget, TechCrunch, Moviefone, MapQuest, and other sites.
Heidi Klum and her Project Runway producers are partnering with AOL to create exclusive video content, articles, blogs, and instructional slideshows focusing on fashion, beauty, parenting, arts and crafts, relationships and lifestyle. “I have created a place on AOL that’s really one-stop-shopping: for women as moms, wives, workers, friends, and their most creative selves,” Klum says in a statement. The official date of the launch is still undetermined, with Klum estimating its arrival “a few months from now.”
Apple CEO Steve Jobs is taking another leave of absence in order to focus on his health, CNN reports. It has been a year and a half since Jobs returned from his previous leave, which ran from January-June 2009, and during which time he received a liver transplant. Apple’s COO, Tim Cook, will take the reins of the company in the interim, and it is uncertain how long it may be until Jobs returns to Cupertino. In a letter to his employees announcing the leave, Jobs wrote, “I love Apple so much and hope to be back as soon as I can. In the meantime, my family and I would deeply appreciate respect for our privacy.”
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