FACEBOOK IN DIRE STRAITS
Facebook may become one of the greatest has-beens of the online world, if the current ConnectU allegations are upheld in court.
Pity, especially after reaching such enviable heights as rejecting a $1billion takeover bid only last year, coming second only to MySpace, and being preferred by Time.com and CNN.com in their collaborative report on the 25 websites that they can't do without!
Details from Time.com:
[....Facebook and ConnectU connect college students and others online. Both allow users to post profiles with pictures, biographies and other personal information and create extended networks of people at their schools or jobs or with similar interests.
ConnectU originally filed suit in 2004, but it was dismissed on a technicality and immediately refiled.
The lawsuit claims that in December 2002, ConnectU founders Cameron and Tyler Winklevoss — who are brothers — and Divya Narenda began to develop a social networking site for the Harvard community called Harvard Connection.
In November 2003, the three asked Zuckerberg to complete software and database work on the site.
They repeatedly asked him to finish before they graduated in June 2004, and Zuckerberg assured them he was working hard to complete it, the lawsuit says.
"Such statements were false and Zuckerberg never intended to provide the code and instead intended to breach his promise ... and intended to steal the idea for the Harvard Connection Web site, and in fact he did so," the suit alleges....]
Let's wait to see the updates.
Another angle to the story comes courtesy of
With rising social-networking giant Facebook getting slapped with an intellectual-property lawsuit, social networking was front and center in the news this week. The suit comes at time when cyber hipsters are migrating in mass to Facebook from rival network MySpace.
The whole exodus is reminiscent of a few years ago, when MySpace turned Friendster--the grandfather of social-networking sites--into a virtual ghost world.



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