“Google and Viacom have announced the end of a seven-year copyright violation lawsuit centered around YouTube with an agreement to settle out of court. Viacom filed a lawsuit in March 2007 that sought $1 billion in damages from Google. Terms of the agreement were not disclosed. The agreement signals the end to a long and often publicly contentious battle. Viacom had alleged that YouTube was guilty of copyright infringement for allowing users to upload clips of its content and deliberately allowing it to remain on the site. The case dragged on for years. In 2010, Google’s CFO said the company had spent $100 million on the case.”
http://mashable.com/2014/03/18/google-viacom-youtube-settlement/
Related posts:
Georgia Insurance Rates Spike Under Obamacare
Botnet formed of 25,000 malware-riddled surveillance cameras
The US student loan problem - facts, charts, thoughts
Aaron Swartz's Girlfriend Explains 'Why Aaron Died'
What You Need To Know About The Liberator 3D-Printed Pistol
Spain's Bitcoin Reaction to the Cyprus Crisis Government Grab of Deposits
Lindsey Graham blocking Paul amendment to end indefinite detention of Americans
Oops: TSA Doesn't Think Terrorists Are Plotting To Attack Airplanes
Canadian pot investors are being banned for life upon entry into U.S.
Kinda Surprised This Doesn't Happen More Often
3 BR Home for Sale in Omaha, Nebraska: 115 Bitcoins
Sydney Smith on Military Adventures and Attempting to Protect Mankind
Venezuela Moves to Nationalize Food, Ration Medicine, Kill Comedy
Switzerland’s ‘Crypto Valley’ Set To Test Blockchain Voting
Report: Russia Offers to Bail Out Cyprus