“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:
The Secret Fed Paper That Advocated a "Carry Tax" on All Physical Cash
Chinese Investors Pile Into Bitcoin; BTC China Raises $5 Million
France Drops Rape Investigation Into Ex-IMF Head Strauss-Kahn
Marijuana Stocks: How to Legally Invest in the Ultimate Cash Crop
Supposed Ruin in Hong Kong Leaves Out the Larger Picture
Tax Collectors Grow More Aggressive; Payers Caught in the Middle
The World’s First Cashless Society Is Here - A Totalitarian’s Dream Come True
When “Diplomats” Aren’t Suborning Another Country’s Rulers, They’re Killing Its Citizens
Hong Kong Bitcoin miners pour datacentre in a FISH TANK
Interrogation Rooms in the Post Office?
The Police State and Property Taxes
House Republican Claims Reagan Stood Up To Chemical Weapons Use
Two Dark Money Groups Outspending All Super PACs Combined
George Galloway British Parliament Debate On Syria Military Action
Keynesians Use Thomas Edison's Advice For Destruction