Archive for category: law

Mobile Gaming Company King.com Eying U.S. IPO
/ September 30, 2013 3:36 pm
Mobile Gaming Company King.com Eying U.S. IPO

Reuters reports that U.K. mobile gaming company King.com Ltd has filed for an IPO in the United States. The company is known for its puzzle game Candy Crush Saga. The company has hired Bank of America Merrill Lynch Corp, Credit Suisse Group AG and JPMorgan Chase & Co to lead the public offering. Currently, the company has 150 games in 14 languages. Read More

Pandora Wins Federal Court Case that Will Lower Royalties It Pays to Some Songwriters
/ September 19, 2013 12:54 pm
Pandora Wins Federal Court Case that Will Lower Royalties It Pays to Some Songwriters

Digitalmusicnews reports that Pandora today announced a victory in a federal court case that will lower the royalties it pays to some songwriters. According to sources, Judge Denise Cote of the U.S. District Court in Manhattan ruled that publishers and songwriters will not be able to strike separate, market-driven deals with Pandora if they are members of a collecting rights society (like ASCAP). . Read More

SoundExchange Sues SiriusXM Over Unpaid Royalties
/ August 27, 2013 11:38 am
SoundExchange Sues SiriusXM Over Unpaid Royalties

SoundExchange, the DC-based non-profit that collects royalties for musicians from satellite radio firms, Internet radio services and cable music channels, said it has filed a suit against SiriusXM seeking to recover what it calls "massive underpayment" of digital royalties over a six-year period. The organization said the satellite radio firm, which has major operations in DC, underpaid by "$50 to $100 million or more" by taking a number of impermissible deductions and exemptions in calculating its royalty payments from 2007-2012. . Read More

Technology Leaders, including Facebook, Launch Internet.org
/ August 21, 2013 1:09 pm
Technology Leaders, including Facebook, Launch Internet.org

Mark Zuckerberg, founder and CEO of Facebook, today announced the launch of internet.org, a global partnership with the goal of making internet access available to the next 5 billion people. "Everything Facebook has done has been about giving all people around the world the power to connect," Zuckerberg said. . Read More

TechCrunch: Security Researcher Reports Error in Facebook by Posting Directly on Mark Zuckerberg’s Wall
/ August 19, 2013 3:47 pm
TechCrunch: Security Researcher Reports Error in Facebook by Posting Directly on Mark Zuckerberg’s Wall

Here's an excerpt from an interesting report from TechCrunch: "Earlier this week, security researcher Khalil Shreateh discovered a Facebook bug that allowed a hacker to post on anyone’s wall — even if they weren’t that person’s friend." . Read More

Arkami, Security Identification Startup, Raises $1.8 Million
/ August 14, 2013 3:09 pm
Arkami, Security Identification Startup, Raises $1.8 Million

VentureBeat reports that Arkami, a security identification startup, has raised $1.8 million in funding. The company announced today that it has gathered the funding to improve its flagship product – myIDkey. myIDkey allows clients to identify themselves using several methods. It comprises of a finger-print scanner, which comes with voice and USB drive Bluetooth technology, primarily used for verification. Read More

Twitter to Lobby on Capitol Hill and Form Political Action Committee
/ August 12, 2013 1:45 pm
Twitter to Lobby on Capitol Hill and Form Political Action Committee

Social networking company Twitter has registered to lobby on Capitol Hill and will form a political action committee, dubbed Twitter#PAC. The San Francisco-based company, which plans to lobby on issues such as Internet freedom, patent reform, government access to user data and net neutrality, joins Facebook, Google and Microsoft as tech giants with their own PACs. The company has registered William Carty, its manager of public policy, as its official lobbyist. Read More

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