Think Secret Closes After Settling With Apple

This image was lost some time after publication, but you can still view it here.
This image was lost some time after publication, but you can still view it here.

Apple rumor site Think Secret has just issued a statement documenting an amicable settlement with Apple over their lawsuit, and announcing the closure of the site. Founder Nick Ciarelli was hazy on the details but professed himself "very satisfied" with the settlement. Yeah, I bet he is. Anyone care to speculate on who's paying what, and to whom? [ThinkSecret]

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DISCUSSION

SGODUN - I'm not so sure about that one. Not like either of us will be able to verify this, but I'm willing to bet that it would cost Apple a lot more to continue legal proceedings against the guy than it would be to just cut him a check. My guess is that they at least offered him the latter option.

Not that I'm trying to defend Apple on this, because it stinks.