In 2005, single Oregon mother Tanya Andersen was sued by the RIAA for trading copyrighted files. They ultimately dropped the case for lack of evidence. In 2007 she fought back, suing (see complaint) the music industry and several of their investigative and debt collection partners for invasion of privacy, racketeering, libel and slander, deceptive business practices and "malicious prosecution." According to the Oregonian, yesterday she was awarded $108,000 for her troubles. Jon Newton of P2PNet has done a great job tracking this story over the years and has more detail here.

Source: http://www.dslreports.com/shownews/Single-Mom-Takes-On-RIAA-Gets-108000-94453

CBS Corporation has entered into an agreement to acquire CNET Networks, Inc., it was announced today by Leslie Moonves, President and Chief Executive Officer, CBS Corporation. Under the terms of the agreement, CBS will make a cash tender offer for all issued and outstanding shares of CNET Networks for $11.50 per share, representing an equity value of approximately $1.8 billion. The acquisition will make CBS one of the 10 most popular Internet companies in the United States, with a combined 54 million unique users per month, and approximately 200 million users worldwide.

"There are very few opportunities to acquire a profitable, growing, well-managed Internet company like CNET Networks," said Moonves inthe press release. "CBS stands for premium content and unparalleled reach, and CNET Networks will add a tremendous platform to extend our complementary entertainment, news, sports, music and information content to a whole new global audience. Together, CBS and CNET Networks will have significant additional exposure to the fastest- growing advertising sector and can accelerate our growth through a number of new content, promotion and advertising initiatives. We could not be more pleased with the prospect of adding CNET Networks and its tremendous team of people to the CBS family. I look forward to working with Quincy Smith, Neil Ashe and the considerable combined talent at both companies, as we build upon our success."

Based in San Francisco, CNET Networks owns many of the Internet's leading entertainment, news and information sites including CNET, ZDNet, GameSpot.com, TV.com, mp3.com, CNET news.com, UrbanBaby, CHOW, Search.com, BNET, MySimon and TechRepublic. The company, which reported significant profits in 2007 on revenues of $406 million, has a large international footprint, particularly in China.

Upon closing, CNET Networks' sites will be combined with CBS's stable of dynamic and growing interactive businesses. These include CBS.com, CBSSports.com, CBSCollegeSports.com, MaxPreps.com, CBSNews.com, last.fm, Wallstrip, MobLogic, CBS Radio and CBS Television Stations digital media platforms, and the distribution network of the CBS Audience Network, which is made up of more than 300 partner Web sites and reaches 82% of all online users in the United States.

"The core businesses of CNET Networks and CBS Interactive represent near perfect category symmetry in premium online content," said Quincy Smith, President, CBS Interactive, in the press release. "Together we will have a terrific opportunity to not only grow our established businesses, but to build new attractive verticals of content as well. This is the beginning of an era for both CBS and CNET Networks; plus, it's going to be great to work with Neil and his team, many of whom I have known for many years."

"We're thrilled to join CBS and combine our interactive media experience with CBS's world-class content," said Neil Ashe, Chief Executive Officer, CNET Networks, Inc., in the press release "CNET Networks operates some of the most important premium online brands, serving the most sought after online audiences. Today's announcement brings together two organizations that complement each other and working with Leslie, Quincy and the talented people at CBS, we look forward to taking our business and our brands to the next level."

"We look forward to completing the acquisition of CNET Networks and the terrific benefits it brings to CBS as Quincy, Neil and their combined teams build upon our success," Moonves concluded. "At the same time our strong cash flow allows us to pay among the highest dividends in the industry, and we are committed to continue to pay our attractive dividend to return value to shareholders."

The Board of Directors of CNET Networks has unanimously approved the merger agreement and unanimously recommends that CNET Networks stockholders accept the tender offer and tender their shares.

The transaction is subject to customary conditions and is expected to be completed in the third quarter of this year.

CBS Corporation is a mass media company with constituent parts that reach back to the beginnings of the broadcast industry, as well as newer businesses that operate on the leading edge of the media industry. The Company, through its many and varied operations, combines broad reach with well-positioned local businesses, all of which provide it with an extensive distribution network by which it serves audiences and advertisers in all 50 states and key international markets. It has operations in virtually every field of media and entertainment, including broadcast television (CBS and The CW - a joint venture between CBS Corporation and Warner Bros. Entertainment), cable television (Showtime and CBS College Sports Network), local television (CBS Television Stations), television production and syndication (CBS Paramount Network Television and CBS Television Distribution), radio (CBS Radio), advertising on out-of-home media (CBS Outdoor), publishing (Simon & Schuster), interactive media (CBS Interactive), music (CBS Records), licensing and merchandising (CBS Consumer Products), video/DVD (CBS Home Entertainment), in- store media (CBS Outernet) and motion pictures (CBS Films).

CNET Networks, Inc. is a global interactive media company whose leading brands collectively attract more than 160 million people each month, making it the 10th largest Internet network on the Web. The Company builds Web sites focused on the information and entertainment people crave, such as gaming, music, entertainment, technology, business, food, and parenting, and its premier brands include BNET, CNET, GameSpot, TV.com and CHOW. Founded in 1992, CNET Networks is headquartered in San Francisco, California. The Company also operates internationally in countries including Australia, China, Switzerland, and the United Kingdom.

It was just yesterday that the official announcement of the Atom-based MSI Wind's pricing prompted us to wonder where ASUS's promised Atom Eee 900 was, and would you look at that -- here's the Eee 901, looking radiant in white. Of course, the major changes are internal, so the exterior looks pretty much the same -- apart from some extra buttons and the relocation of the power jack -- but it's good to know this thing is inching closer to release. Now if we could just get some benchmarks and pricing info, we'd be all set. Check the read link for tons more pics.

source: engadget.com

Microsoft is making some noise today about the Xbox 360's sales numbers -- it's the first of this generation of consoles to top 10M sales in the US. That's well ahead of the Wii, which stands at 8.8M, and the PS3, which has under half the 360's installed base at 4.1M units sold. Worldwide, the 360 is also doing quite well: Microsoft says it's moved 19M consoles total, and that 12 million people are signed up for Xbox Live. That's behind the Wii's global sales of 25M units, but Microsoft isn't exactly content with second place -- it's making a point to say that the 360 has the " largest global install base of any current gen, high definition gaming console." Take that, Mario. Meanwhile, the PS3s doing quite nicely for itself as well: in addition to outselling the 360 in both the US and Europe, Sony says worldwide sales were up an astounding 156 percent last year with a total of 9.2M units coming off shelves, and that it expects to sell another 10M consoles by March 2009. Looks like the console race is hitting the next level -- any bets on how things will shake out in a year?


source: engadget.com

Finally, something solid on the recently-rumored Netbook... or should we say, the 2go PC. The little laptop, manufactured by CTL, will clearly be aimed at the education market, though the specs imply that this will be destined for more than just the classroom. The 2go features an Intel Celeron M CPU on top of the 915GMS chipset, 512MB of RAM (upgradeable to 1GB), a 9-inch, 800 x 480 LCD display, 40GB hard drive, 802.11b/g, SD / MMC reader, and a full complement of standard ports and jacks. The systems natively run XP (though Linux appears to be an option), feature a VGA webcam, and are expected to go about three hours between full charges. Our contact says these will be on shelves in less than 60 days, and will retail for around $400. We're working on getting our grubby mitts all over one of these puppies, but in the meantime, check out some more pics after the break.



source: engadget.com