Archive for category: law

WSJ: Warner, Universal, Sony Buy Stakes in Music App Shazam
/ May 14, 2014 2:08 pm
WSJ: Warner, Universal, Sony Buy Stakes in Music App Shazam

The WSJ reports that Warner Music Group owner Access Industries, Vivendi’s Universal Music Group and Sony Music Entertainment have each acquired $3 million stakes in Shazam Entertainment, the music-identification app, according to people familiar with the transactions. All of the shares were purchased from a single third-party investor. . Read More

WSJ: FCC Chairman to Revise Proposed Net Neutrality Rules
/ May 12, 2014 12:34 pm
WSJ: FCC Chairman to Revise Proposed Net Neutrality Rules

The chairman of the Federal Communications Commission (FCC) plans to revise rules proposed last month that would let broadband providers accept payments from content companies to deliver their websites faster, The Wall Street Journal reported. Read More

Snapchat Settles Charges With FTC
/ May 8, 2014 4:08 pm
Snapchat Settles Charges With FTC

The New York Times reports that the Federal Trade Commission on Thursday said that Snapchat had agreed to settle charges that the company was deceiving users about the ephemeral nature of the photos and video messages sent through its service. . Read More

NY Times: Alibaba Files to Go Public in the U.S.
/ May 6, 2014 2:15 pm
NY Times: Alibaba Files to Go Public in the U.S.

This just in from The New York Times: "The e-commerce behemoth Alibaba filed in the United States on Tuesday to sell stock to the public for the first time, in an embrace of the global capital markets that represents a coming of age for the booming Chinese Internet industry." . Read More

Jury Rules Samsung Owes Apple $119.6M in Smartphone and Tablet Patent Infringement Case
/ May 5, 2014 12:21 pm
Jury Rules Samsung Owes Apple $119.6M in Smartphone and Tablet Patent Infringement Case

On Friday, an eight-person jury in the United States District Court for the Northern District of California returned a mixed verdict in the Apple v. Samsung patent infringement case over smartphones and tablets determining that Samsung has infringed three of Apple's five patents and ordering Samsung to pay damages of $119.6 million, less that the $2.2 billion sought by Apple. . Read More

Forbes: Oculus VR Responds Comprehensively To Zenimax Legal Letters
/ May 5, 2014 12:06 pm
Forbes: Oculus VR Responds Comprehensively To Zenimax Legal Letters

OculusHere's an excerpt from Forbes' detailed coverage, and a link to the full report, of the claim by Zenimax first made public last week that Oculus VR made the Oculus Rift using ZeniMax's intellectual property and the response by Oculus . Read More

Pandora Shares Fall on Q1 Results
/ April 25, 2014 5:00 pm
Pandora Shares Fall on Q1 Results

CNET reports that Pandora Media, the operator of the Web's top radio service, Thursday reported a narrower-than-expected loss in the first quarter, but shares still plunged as the company's outlook for the current quarter again disappointed. . Read More

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