Court rules for iPCS in Sprint WiMax fight

KANSAS CITY, Mo. — An Illinois court is allowing a lawsuit to move forward that challenges Sprint Nextel's deal with Clearwire Corp. to provide wireless broadband.

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Qualcomm to pay $891M to settle suit with Broadcom

SAN DIEGO — Chip maker Qualcomm Inc. said late Sunday it will pay Broadcom Corp. $891 million over four years to settle a longstanding dispute over patents and royalties.

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You all know now that Google News crawled an obscure reprint of an article from 2002 when United Airlines was on the brink of bankruptcy. United Airlines has since recovered but due to a missing dateline, Google News ran the story as today's news. The story was rapidly picked up by other news aggregators and eventually headlined as a news flash on Bloomberg. This triggered automated trading programs to dump UAL, cratering the stock from $12 to $3 and evaporating 1.14 billion dollars (nearly United's total market cap yesterday) in shareholder wealth. The stock recovered within the day to $10 and is now trading at $9.62, a market cap of $300M less than before Google ran the story.

This story highlights the unhealthy importance of Google on world economy. Google's action (intentional or not) can be directly attributed to over 300 million dollar loss by United and a loss of face. Should Google be sued for this mistake? Full article (331 words) »

Online piracy is assuming alarming proportions and will continue to do so with the popularization of internet and better bandwidth availability to customers. Online piracy affects every material that can be moved online - music, video, books and software. A viable plan for stopping online piracy will take into account the numerous p2p distribution and tracker sites along with sites hosted in foreign countries which offers direct download.

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Microsoft Corp. has sued an anonymous computer hacker whose free program FairUse4WM allows users to copy digital movies and songs by bypassing a software protection (DRM) built into the company's Media player.

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U.S. District Judge Anna Diggs Taylor said the spying program, which was authorized by President George W. Bush shortly after the 9/11 terrorism attacks but remained undisclosed until late last year, violates constitutional rights of free speech, privacy and the separation of powers.

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The University of California is joining Google's book-scanning project, throwing the weight of another 100 academic libraries behind an ambitious venture that's under legal attack for alleged copyright infringement.

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Over 74,000 .eu domains have been suspended and 400 registering companies sued by EURid, the non-profit organisation in charge of the European Union's top-level domain.

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L.A. News Service, a Los Angeles video news service sued YouTube Inc. on Friday in federal court for allowing its users to upload copyrighted video footage on YouTube, including the beating of trucker Reginald Denny during the 1992 riots.

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A 14-year-old Travis County girl who said she was sexually assaulted by a man she met on MySpace.com sued the MySpace for $30 million, claiming that it fails to protect minors from adult sexual predators.

The lawsuit claims that the Web site does not require users to verify their age and calls the security measures aimed at preventing strangers from contacting users younger than 16 "utterly ineffective."

What do they expect MySpace to do? Ask every registrants to provide photocopy of age or driver's license?
At the core I think the primary responsibility of managing their children is on the parents. And they have software like NetNanny. Why shift the blame on MySpace?
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