Update: 8:30 a.m.: To include iLike news.
The financial troubles dogging Qtrax, a peer-to-peer music service that has spent years trying to get off the ground, appear to be deepening.
Last month, CNET News reported that enterprise software giant Oracle had filed a lawsuit against New York-based Qtrax, alleging that the service owed it $1.9 million and had violated its copyright. Now, records show that at least two other companies have filed suit in New York against the music service in efforts to collect allegedly unpaid bills from the music start-up.
In addition, Qtrax is behind in … Read more