Winklevoss Twins: You Call $65m Losing?

Image via WikipediaFrustrated by the U.S. Circuit Court of Appeal for the Ninth Circuit's refusal to grant them an en banc rehearing challenging the appellate court's order to accept a cash and stock settlement of their lawsuit on which they signed off in 2008, Cameron and Tyler Winklevoss will look to the U.S. Supreme Court for a bigger piece of the Facebook pie.

According to reports today in The Los Angeles Times and the Mogulite blog, the brothers Winklevoss (translated from the Dutch: "pampered gastropods") are not about to settle for the $20 million plus $40 million in stock options that courts have told them to accept. The Winklevoss duo insist they were misled about the social media platform's stock value.

So for now, the battle continues between the Winklevii and Facebook founder Mark Zuckerberg, whom the twins claim filched their Facebook idea while the three were classmates at Harvard. After all, the twins are turning 30 this year and can't go on rowing forever, and apparently, $65 million doesn't go as far as it used to, with the price of gasoline and all.

Dan Abrams Online Media Empire Continues to Grow with Mogulite

Image by Getty Images via @daylifeTechCrunch.com reports that 45-year-old NBC News legal analyst turned Media Metwork entrepreneur Dan Abrams is debuting Mogulite today, which he views as a worthy addition to the Mediaite, Geekosystem family (see "TUOL" post 12/7/10).

Mogulite, is not something you soak your mogul in to remove stains, nor is it a creation from the imagination of H.G. Wells or J.R. Tolkien. Rather, it is a Website devoted to reporting on the lives of bigshots, ranging from Oprah to Mark Cuban, to some of our friends who helped destroy the World economy a couple of years back.

Peter Lauria of The Daily Beast will be consulting editor, and The Real Deal's Amy Tennery, managing editor, of Mogulite. Features will include an evolving Mogul Power Grid to show who's on top of his or her game and, perhaps, if we're lucky, who's been indicted.  The introductory post for Mogulite says in part: "We're committed to the idea that what the ultra-wealthy and powerful do matters, as much as many would like to deny it."

One may wonder if Mogulite's appeal will match that of Mediaite, which draws more than 1.2 million unique visitors monthly, according to the TechCrunch post. Stop us, if you've heard this one, but didn't this kind of "zillionaire as rock star" mentality give us Ken Lay, Bernie Madoff and the rest of the Lousekateers?