Lime Wire, the company that helped people obtain perhaps billions of songs illegally, is close to forking over a "significant" amount of money to settle a copyright suit filed against it by the Recording Industry Association of America, sources close to the discussions told CNET.
The two sides were still negotiating this morning, but a deal could be finalized as soon as today, the sources said. They didn't specify the exact settlement figure and cautioned that the talks could still break down.
Should a deal be finalized, it would put an end to a 5-year-old copyright case and close the book on Lime Wire, the company behind the peer-to-peer system of the same name that the big four record companies alleged cost them billions of dollars and thousands of employees their jobs.
After a U.S. District Judge found Lime Wire and founder Mark Gorton personally liable for copyright infringement and ordered the company to cease operations, the case then moved to assessing damages. Over the past two weeks, a jury in Manhattan was hearing evidence in the case as they determined what amount Lime Wire and Gorton would have to pay. If they found he deserved to pay the maximum under the law, Gorton could be required to pay as much as $1.4 billion.
Ethan Smith at The Wall Street Journal reported that the sides have held three settlement meetings without securing a deal. The talks began in earnest yesterday, said the sources who spoke with CNET.
Gorton was in a precarious legal position.The jury tasked with assessing damages was often reminded by Glenn Pomerantz, the RIAA's lead attorney, that Gorton had already been found liable of willful copyright infringement by U.S. District Judge Kimba Wood. … Read more
Navigation company TomTom is offering up its real-time traffic products to "industry partners" around the U.S., the company announced today.
TomTom's real-time traffic offering is made up of three services. Enterprise Traffic pinpoints the exact location of delays, helping routing software modify expected arrival times. TomTom's HD Flow shows a real-time display of traffic speeds around the user's respective area. Finally, the company's Route Times gives better estimates on delays and total travel time. The services are currently being used in products in 13 countries outside the U.S., including Austria, France, and … Read more
There's already no love lost between Facebook and Google in the realm of social networking. And now Facebook has been caught trying to spread some additional ill will toward its would-be rival.
Public relations giant Burson-Marsteller confirmed to CNET this morning, rather ruefully, that Facebook hired it in what USA Today, which broke the initial story, has called a "whisper campaign" intended to stir up fears of Google violating users' privacy.
Earlier this week, USA Today reported that an as-yet-unnamed company had hired Burson-Marsteller to pitch prominent news outlets on the potential privacy and legal issues surrounding … Read more
Microsoft's Bing eked out 14.1 percent of all searches in the U.S. in April, according to the latest ComScore data, released yesterday.
That's still a far cry from market leader Google, which holds a commanding 65.4 percent of the market. But those numbers show a trend over the past year in which each month Bing grabs a slightly bigger slice of the U.S. search engine pie, while Google sheds a tiny amount or stays flat.
For the month, Microsoft's market share gain was just 0.2 of a percentage point, while Google's … Read more
CNET ran a story yesterday about BeamItDown Software, the start-up behind the iFlow Reader app for iOS, offering harsh words for Apple as it felt forced to shut down. In a note to customers, the Irvine, Calif.-based company said its demise was due to Apple's "mid-game rule changes that make it impossible for anyone but Apple to sell e-books at a profit on iOS."
I was struck by the candidness of the remarks and decided to track down BeamItDown's co-founder Dennis Morin for a follow-up interview. Morin has been an entrepreneur for a number of … Read more
NEW YORK--Edgar Bronfman Jr., CEO of Warner Music Group and heir to a huge beverage fortune, received more than $17 million in total compensation for the year 2008, even as he and his managers were laying off hundreds of employees and claiming that online piracy was to blame for much of the music industry's financial woes.
This was one of the facts that a jury was shown in federal court here today, as lawyers for Mark Gorton, the man behind the LimeWire file-sharing system, attempted to show that the file-sharing service he founded was not solely to blame for declining music sales and the industry's shrinking number of jobs. Joseph Baio, Gorton's lawyer, tried to influence the jury by painting a picture of record labels led by fat cat executives who in some cases paid themselves huge sums and were too slow to react to major technological shifts in their industry. Some of the trouble, Baio suggested, was caused by the record companies' own poor stewardship.
As a result of a lawsuit filed by the Recording Industry Association of America in 2006, U.S. District Judge Kimba Wood found Gorton and Lime Wire, the company behind the popular file-sharing service of the same name, liable last year for willful copyright infringement. A jury is now deciding how much Gorton will pay in damages. The amount could be as high as $1.4 billion.
In an attempt to convince the jury that Gorton deserves to pay a huge financial penalty, RIAA lawyers have tried to prove that Gorton and his service--which was used to obtain songs without paying for them--cost the music industry billions in revenues as well as thousands of jobs. … Read more
Editor's note: This story was published before the event had taken place. We used Cover It Live to report live during the event itself. To see the text of that live blog, replay it in the Cover It Live module below. You can also watch CNET Reviews editor Donald Bell's first take on the Samsung Chromebook in the video here.
SAN FRANCISCO--Samsung is one of two Google partners to sell the very first Chrome-based laptops starting this summer.
SAN FRANCISCO--The second day of Google's annual Google I/O developer conference was all about Chrome.
Leading the charge on the news front was the announcement of the first Chromebooks, notebooks that are based on Google's Chrome OS and provide an always-on and always-connected computing experience.
During the press conference following the keynote address on Wedneday, where the first two Chromebooks were introduced, Sundar Pichai, senior vice president of Chrome, emphasized that Chromebooks represent a new model of computing.
"It offers an end-to-end computing experience," he said. "It's very different from a (Microsoft) Windows … Read more