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Dan Loeb's Third Point files papers with the U.S. Securities and Exchange Commission to wrest four board seats from the Web giant.
With Jobs stepping away from his CEO role, CNET breaks down what the company could look like in the next few years.
Lime Wire lawyers showed jury that Warner Music honchos, including CEO Edgar Bronfman Jr., paid themselves millions while laying off hundreds and claiming music piracy was to blame for financial woes.
analysis Lime Wire founder paid only a small percentage of what record companies sought in copyright infringement case. Also, while in court, Warner Music chief seemed to buck other label execs on issue of bundled music.
A year after a judge found Mark Gorton liable, a jury is now deciding how much the founder of Lime Wire must pay in damages for willful copyright infringement.
Mark Gorton, founder of file-sharing service LimeWire, acknowledges in court that he knew of mass copyright infringement going on with users and that he refused to stop it.
Facing a possible $1 billion judgment, Lime Wire lawyers tell a jury that the file-sharing service didn't play a large role in 50 percent drop in record labels' revenue. They blamed CD ripping, a poor economy and the labels' own inaction.
They were chatty, but in the Web 2.0 summit panel the two still wouldn't say who's been chosen as the CEO of MySpace Music or even if they see Apple's iTunes as competitive.
As Spotify attempts to launch in the U.S., some execs from Apple and the top music labels worry that a free-music offer could eat into download sales.