Winklevoss Twins Pack It In
A few weeks back, I mentioned that the Winklevoss twins were still battling over the rights to Facebook. Well, it looks like the boys have given up the fight. The twins had lost an appeal in the U.S. Court of Appeals for the Ninth Circuit, when that court said their settlement with Facebook founder Mark Zuckerberg was valid. That meant that the guys’ only recourse would be to ask the U.S. Supreme Court to hear the case. That process is called a “writ of certiorari.” That is a Latin term for “longshot.” As in the Court grants about 1% of the petitions it receives. Given that the Winklevoss case was a private dispute, with no real underlying, precedent setting legal issues, a cert petition would almost certainly not have been granted. In short, the twins finally decided to was time to fold ‘em.