Facebook might call it a settlement, but there's no question that the gigantic social network is effectively surrendering to scrappy Austin, Texas mockery hub Lamebook. The two sides have ended a federal lawsuit with Lamebook keeping its name and Facebook-like logo, and Facebook slinking back to California.

Lamebook is that website that documents funny things that happen on Facebook and will eventually be turned into an Urban Outfitter's coffee table book. Facebook threatened Lamebook with a trademark infringement lawsuit—but Lamebook decided to sue Facebook first.