Monday, 28 May 2012

Business news from the week 21-27/5/12

A Boston University student's been fined $675,000 for downloading and sharing just 30 songs!
This is just ridiculous! Copyrights suppress productivity, and concentrate wealth in the hands of the music industry - not the musicians - the industry. This 'intellectual property' shit has to go!

Google's finally getting rapped over the knuckles for being a monopolistic bully. No organisation is immune from 'getting too big for its boots', even Google

Facebook, however, doesn't have as pleasant a history. Facebook's flotation on the markets has got it in trouble both with its investors, and people who would have been, if it hadn't been doing dodgy back-room deals with banks

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