A San Jose, Calif., judge ruled late last week that ConnectU, the start-up that the brothers founded with Harvard classmate Divya Narendra, must transfer its stock to Facebook as part of the settlement acquisition by Tuesday, despite the claims on behalf of ConnectU that Facebook failed to disclose its true valuation when negotiating the terms of the settlement. The start-up's founders alleged fraud on Facebook's part, and claimed that … Read more
ConnectU founders Cameron and Tyler Winklevoss pulled through in a repechage (second-chance heat) on Monday on the Olympic rowing course in Beijing, where they're representing the United States in the men's pair event.
The identical twins, best-known in the tech world for being two-thirds of the Harvard-founded start-up that foisted an intellectual-property suit upon Facebook founder Mark Zuckerberg, had failed to immediately qualify for the semifinals in their Saturday heat. They'd placed fifth and needed a third-place finish to qualify. But the repechage offered another chance for them to earn a shot at the semifinals, which take … Read more
Cameron and Tyler Winklevoss, the identical twins who went from a legal spat with Facebook founder Mark Zuckerberg to a berth on the Olympic rowing team, didn't do so well in Beijing on Saturday. In the preliminary heat for their event, the men's pair (M2-), they placed fifth out of five boats.
In the 2000-meter course, the twins came in with a time of 7:13.64, behind the fourth-place Polish team with a time of 7:01.90. The top three places were taken by the French, Italian, and Canadian teams respectively.
They were in a tough … Read more
Cameron and Tyler Winklevoss have been in the press a lot recently for being "those guys who sued Facebook." As two of the three founders of ConnectU, they had accused Facebook founder Mark Zuckerberg of intellectual property theft long before he was Silicon Valley's youngest billionaire. Unfortunately, courts didn't tend to side with the brothers Winklevoss, largely because the dorm-room start-up didn't have formal paperwork to prove a breach of contract.
Word is out that BMW's updating its high-performance M line of vehicles for the 2009 model year. Featuring a host of external tweaks, such as new taillight designs and exterior mirrors, the most noteworthy updates are the inclusion of the new iDrive across the M line, a competition package for the M6, a new hard drive-based navigation system, and what BMW calls ConnectedDrive.
On the performance front, the entire M line will see incremental power upgrades and suspension tweaks, but the M6 gets the biggest bump with the addition of an optional competition package. This primarily suspension package consists … Read more
This is, so I learned, Facebook's attempt to pile more and more information about you into their tall metal server boxes so that they can sell advertisers on their ability to target better than Google or Dick Cheney.
I think I'm beginning to understand all this.
But I find myself trying to translate everything into the real life I know.
I'm trying to imagine any area of existence in which people will trust just one brand or product with … Read more
I've long been a critic of Facebook: too noisy, too superficial, too cluttered. This week, however, Facebook revealed plans to promote a range of new applications that are (gasp!) useful and not designed to simply occupy one's time for a few seconds. According to a New York Times article:Frustrated (by "trivial applications that have clogged the site"), Facebook has tried to counter that and put more emphasis on significant and trustworthy applications...Facebook announced a series of new incentives for developers to write what it characterized as "meaningful" tools for the service. It … Read more
A while ago, I got my hands on WiebeTech's USB DriveDock V4 and was very impressed by its versatility. The device allows for quickly docking any IDE or SATA hard drive, 3.5-inch or 2.5-inch, to a computer via a USB 2.0 connection.
Today, WiebeTech introduced the Forensic UltraDock V4. The Forensic UltraDock supports all hard drives and all existing connections for external storage devices including USB 2.0, FireWire 400, FireWire 800, and eSATA. This guarantees not only the versatility but also the speed, making recovering data much faster, especially considering the ever increasing capacity of … Read more
Got dial-up and don't want to give it up? You're not alone.
An estimated 10 percent of Americans are surfing the net via dial-up connections, according to a report released Wednesday by the Pew Internet and American Life Project.
And a lot of those people apparently see no compelling reason to change. The report indicates that those users are not itching to make a change to a speedier broadband connection in large part because, they say, broadband is too expensive.
Of this dial-up group, 35 percent cited the cost issue, while 19 percent say nothing will ever prompt … Read more
UPDATE:To include mention of a report that Facebook valued itself at $3.75 billion.
SAN JOSE, Calif.--What is Facebook really worth?
One of the burning questions in the technology business during the past year also played a major role in the dispute between social networks ConnectU and Facebook, according to documents obtained by CNET News.com.
Some interesting details about Facebook's valuation were revealed in partially redacted court records released Wednesday by federal district judge James Ware. The documents were a transcript of a June 23 hearing in the case, which Ware had closed to the public. … Read more