In the wake of a landmark Supreme Court ruling that found peer-to-peer software providers ultimately culpable for the copyright infringement committed by their users, the Recording Industry Association of America (RIAA) has sent cease-and-desist letters to seven file-sharing software firms, demanding that they stop "enabling and inducing" copyright infringement, The Wall Street Journal reported. The RIAA would not identify which companies received the letters, although The Journal reported that BearShare, WinMX and LimeWire were recipients. The Supreme Court ruling directly affected defendants Grokster and StreamCast Networks (Morpheus). Other big-name file-sharing firms include Kazaa, eDonkey and BitTorrent. "We demand that you immediately cease-and-desist from enabling and inducing the infringement of RIAA member sound recordings. If you wish to discuss pre-litigation resolution of these claims against you, please contact us immediately," reads a copy of the RIAA letter obtained by CNET News.com
Technology is a compelling catalyst for economic growth across the globe. Artificial intelligence (AI) rides a seismic wave of transformation in the Asia-Pacific (APAC) region — a market bolstered by bold government initiatives, swelling pools of capital, and vibrant tech ambition. The latest IDC analysis sheds light on this dynamic market. Despite a contraction in deal volumes through 2024, total AI venture funding surged to an impressive $15.4 billion — a signal of the region’s resilience and the maturation of its digital-native businesses (DNBs). Asia-Pacific AI Market Development The APAC AI sector’s funding story is not just about headline numbers but also about how and where investments are shifting. Even as the number of deals slowed, the aggregate value of investments climbed, reflecting a preference among investors for fewer but larger, high-potential bets on mature or highly scalable AI enterprises. The information technology sector led the AI investment charge. Top area...