Thanks for the news, WT!
Quote:
Originally posted by walktalker
Kazaa, Morpheus conceding defeat 
A legal fight that has pitted file-swapping software companies Kazaa BV and StreamCast Networks against big record labels and movie studios is collapsing as the small companies run out of funds. Netherlands-based Kazaa BV, which created the file-swapping technology underlying Kazaa, Grokster and earlier versions of Morpheus, is conceding defeat -- although its founders already appear to have started another near-identical company. Meanwhile, StreamCast is losing a high-powered attorney with a winning track record against the music companies in court.
http://zdnet.com.com/2100-1104-920737.html
|
Not as dramatic as it sounds, just an empty company shell collapsing while the real action has already moved elsewhere. Another kiss of death by the RIAA nevertheless.
- tg
