fines
Music
Student Forced To Pay $US675,000 To RIAA For Sharing 30 Songs
8:00AM Dan Nosowitz | Joel Tenenbaum admitted to sharing 30 songs with Kazaa back in 2004 (Kazaa! So quaint!) and was originally fined $US150,000 per song. He worked that down to “only” $US22,500 per song, but that’s still $US675,000 in total. More »
Business
Intel Smacked With Staggering $US1.45 Billion Fine in Euro Antitrust Case
9:13PM John Herrman | In the largest trust-busting fining in EU history—about twice as severe as the infamous Microsoft antitrust ruling of 2004 and a hair worse than the ensuing $US1.44 billion penalty for noncompliance—Intel has been ordered to pay $1.45 billion by European Commission regulators. What the hell did they do? EU competition commissioner Neelie Kroes said Intel had pursued a strategy aimed mainly at excluding A.M.D. by paying computer makers and retailers to postpone, cancel or avoid A.M.D. products entirely. More »
Online
Pirate Bay Founders Plan a DDo$ Attack on the IFPI
12:30PM Andi Wang | After the Pirate Bay founders were fined $US3.5 million, they swore they wouldn’t cough up a single cent. Instead, they’ve come up with a DDo$ plan of attack that’ll cost the IFPI instead of themselves. More »
Vehicles
Chicago Street Lights May Scan for Car Insurance
2:10AM Mark Wilson | Ticketing red light runners is standard practice in many big cities, but Chicago is considering doing one better and scanning every car going by for up to date insurance. More »
Press
Europe Fries Microsoft with US$1.35 Billion Fine for Antitrust Violations
11:26PM Jesus Diaz | The Eurocrats have put Microsoft in the frying pan again with a painfulnormous US$1.35 billion fine “for defying sanctions imposed for antitrust violations.” This new fine brings the total amount to US$2.52 billion. Clearly, Microsoft’s recent moves have not convinced the European Union’s skepticism at all. Note: the Digg badge in this article is from the original news source. [BBC] More »
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Microsoft, shaddap and pay your $689.4 million …
11:09PM Charlie White | Microsoft, shaddap and pay your $689.4 million antitrust fine, Euro court says [New York Times] More »
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