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"Copy Catting" Cost Facebook $65 million
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February 10, 2009
Dayum!

According reports filed Tuesday, Facebook doled out $65 million to settle a lawsuit with the social networking site ConnectU, who claimed that the super popular site 'stole' their idea.

The details of the settlement were supposed to be confidential, but a law firm that helped ConnectU sue Facebook back in 2004 disclosed the sum in a newsletter that 'accidently' went public!

The $65 million in cash and stock options go to
Read more at BLOG perezhilton.com
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