Landmark copyright law

Historic copyright legislation just signed by President Clinton will have wide impact on the Internet. While the law provides greater regulatory authority over intellectual property, it also threatens some nascent businesses, such as Internet radio.

Copyright law will cost Net radio Now that sweeping protections for digital intellectual property have become law, online radio stations will face new fees for spinning records on the Net. Digital copyright bill becomes law President Clinton signs a bill that sets new rules for downloading, sharing, or simply viewing copyrighted material online. Report: Piracy hits job growth The Business Software Alliance issues a report indicating that software piracy has become a major impediment to job growth and a drain on government tax revenue.