{"id":80864,"date":"2017-07-04T14:18:12","date_gmt":"2017-07-04T03:18:12","guid":{"rendered":"http:\/\/smartoffice.com.au\/facebook-its-complicated\/"},"modified":"2017-07-04T14:18:12","modified_gmt":"2017-07-04T03:18:12","slug":"facebook-its-complicated","status":"publish","type":"post","link":"https:\/\/staging.strixdevelopment.net\/smartoffice\/2017\/07\/04\/facebook-its-complicated\/","title":{"rendered":"Facebook: It’s Complicated"},"content":{"rendered":"

The latest twist to The Social Network saga makes the film look like a flash in the pan.<\/p>\n\n\n\n
<\/a>
Click to enlarg<\/font><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Just when Mark Zuckerberg thought he was safe from the Winklevoss brothers, another threat looms fast: Paul Ceglia. <\/p>\n

So, what does this guy want? Half of Facebook, to be precise. Ceglia claims Zuckerberg signed a contract promising him a 50 per cent stake in the biggest social network in the world. <\/p>\n

And who is he? A wood pellet maker, former web designer. <\/p>\n

The lawsuit, first filed against the Facebook founder last July, by Ceglia in New York’s Supreme Court, claimed the Facebook CEO signed a contract with him in April 2003 to design and develop thefacebook.com, it’s original name. <\/p>\n

But now Ceglia has hired a new team of lawyers and means business by all accounts with e-mails and other evidence to back up his claims. <\/p>\n

In total, the former web designer claims he is owed around 84% of Facebook, on top of fees for services rendered and also the 1% stake he alleges Zuckerberg promised him for every day until the site was complete and up and running, which was in 2004. <\/p>\n

And its not the only litigation the social network, which according to Wall Street Journal, could be worth up to $2 billion “fuelled by advertising growth,” has faced.  <\/p>\n

 <\/div>\n

Tyler and Cameron Winklevoss just this week lost their appeal case against the social network, with a US court telling them they cannot back out of their earlier settlement. <\/p>\n

“At some point, litigation must come to an end,” a US Court declared last week. “That point has now been reached.” <\/p>\n

The pair claim fellow Harvard student, Zuckerberg, stole their idea and coding for a social networking site, called ConnectU.
Zuckerberg then failed to make them partners to the business, it had been claimed.<\/p>\n

The other litigations, played out in last year’s hit movie The Social Network, have been taken by another fellow student Eduardo Saverin, who settled for about 5 percent of the company.<\/p>\n

 Saverin, who was made Zuckerberg’s business partner provided $US15,000 to help fund servers for set up  the site and was promised 30 percent of the company.<\/p>\n

 <\/div>\n

Facebook, however has fought back to the latest round of claims and has branded Ceglia is a “scam artist” and a “convicted felon.” <\/p>\n

A full round up of all the lawsuits the social network has been involved in can be read on blog Mashable.com. <\/p>\n","protected":false},"excerpt":{"rendered":"

The latest twist to The Social Network saga makes the film look like a flash in the pan.<\/p>\n","protected":false},"author":41,"featured_media":91281,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[28,22],"tags":[],"class_list":["post-80864","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-archive","category-management","post_format-post-format-gallery"],"yoast_head":"\nFacebook: It's Complicated - Smart Office<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2017\/07\/04\/facebook-its-complicated\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Facebook: It's Complicated - Smart Office\" \/>\n<meta property=\"og:description\" content=\"The latest twist to The Social Network saga makes the film look like a flash in the pan.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2017\/07\/04\/facebook-its-complicated\/\" \/>\n<meta property=\"og:site_name\" content=\"Smart Office\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-04T03:18:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2017\/07\/2011041503585540525_200x200.png\" \/>\n\t<meta property=\"og:image:width\" content=\"200\" \/>\n\t<meta property=\"og:image:height\" content=\"200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Oonagh Reidy\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oonagh Reidy\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2017\/07\/04\/facebook-its-complicated\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2017\/07\/04\/facebook-its-complicated\/\"},\"author\":{\"name\":\"Oonagh Reidy\",\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/#\/schema\/person\/15e890b46095d075b43fe7ecb12341ae\"},\"headline\":\"Facebook: It’s Complicated\",\"datePublished\":\"2017-07-04T03:18:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2017\/07\/04\/facebook-its-complicated\/\"},\"wordCount\":412,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/#organization\"},\"image\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2017\/07\/04\/facebook-its-complicated\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2017\/07\/2011041503585540525_200x200.png\",\"articleSection\":[\"Archive\",\"Management\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2017\/07\/04\/facebook-its-complicated\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2017\/07\/04\/facebook-its-complicated\/\",\"url\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2017\/07\/04\/facebook-its-complicated\/\",\"name\":\"Facebook: It's Complicated - 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