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Apptricity, maker of logistics software useful for tracking location of soldiers and shipments in critical missions, has sued the US…More...
File-sharing website, Hotfile, has been ordered by the US District Court of Southern District of Florida to cease operations and pay about $80 million in damages for settling the copyright infringement lawsuit filed by the Motion Picture Association of America.
The lawsuit which began in early 2011 finally reached judgement today ending MPAA's litigation against the website and its Florida-based founder, Anton Titov. It was reported recently by TorrentFreak, that MPAA was seeking about $500 million in damages from Hotfile, but the court has awarded $80 million in damages to the various movie studios affected by the content shared on the website.
Microsoft's plans to acquire Nokia's Devices and Services business, which includes its smartphone hardware division, has cleared another hurdle. The plan has now been approved by U.S. government regulators.
The notice of approval from the Justice Department was posted on the Federal Trade Commission website today, showing that the actual thumbs-up was given on Friday. Microsoft first announced their plans to buy Nokia's smartphone business, including its Lumia smartphones running on Windows Phone, in early September for over $7 billion.
Apptricity, maker of logistics software useful for tracking location of soldiers and shipments in critical missions, has sued the US Government for defaulting on software license fees and operating unlicensed copies of the software for nearly a decade.
According to the company, the Government had unlawfully installed the software on 93 servers and around 9000 devices in addition to 500 licenses that were paid for. The license fees for the software are $1.35 million per server and $5000 per device which translates into $224 million in lost revenue.
One of the biggest suppliers of solid state drives has announced it has filed for bankruptcy after months of financial problems. San Jose, California-based OCZ Technology revealed its plans on Wednesday, along with a buyout offer from Toshiba.
OCZ released a number of other PC hardware products over the years since it launched in 2002, and even acquired a gaming PC maker, Hypersonic PC, in 2004. In later years, it gained a lot of fame as one of the biggest suppliers of consumer SSDs as prices for those storage drives started to come down.
The company behind the little search engine that could has managed to add another EU country to list of nations it has severely "annoyed" with the way it handles privacy. A number of European countries have launched investigations into Google’s practices and policies and all of them, including the UK and France have found that Google isn’t doing enough to inform users about what data it collects and how it uses it.