Archive for category: law

MOG’s Founder Sues Beats Electronics
/ May 16, 2014 4:33 pm
MOG’s Founder Sues Beats Electronics

Billboard reports that David Hyman, the Founder of streaming music service MOG, which was acquired by Beats Electronics in 2012, has sued Beats for more than $20 million, claiming that Beats fired him to avoid giving him an equity payout, according to a report from Courthouse News Service. . Read More

WSJ: FCC Votes to Advance Broadband Rules on “Paid Prioritization”
/ May 15, 2014 4:22 pm
WSJ: FCC Votes to Advance Broadband Rules on “Paid Prioritization”

The Federal Communications Commission (FCC) on Thursday voted 3-2 to advance a series of proposed rules that would let broadband providers accept payments from content companies to deliver their websites faster, The Wall Street Journal reported. The rules, which now will be open to public comment for 60 days, also would ban broadband providers from blocking or slowing down sites. Read More

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

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