Grokster Decision is meaningless to filesharers

While people may disagree about the appropriate response to
filesharing, its pretty clear to most that if Hollywood embraced and extended P2P,
they would have a fantastic distribution and promotion machine at their
disposal.

I guess all those file sharers, once they read Souter’s decision for
the majority, will be so compelled by its legal force and arguments
that they will immediately stop swapping.

This decision is meaningless when it comes to P2P behavior, but could
have significant ramifications for tech and content companies. A bad
decision for yechnology and consumers, a good decision for studios and
labels . . .

NOTE:  This now sends this case back to the lower courts for trial

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Update:  June 27, 2005 1:37pm

What does the Grokster decision mean for Google? They just rolled out Google Video, a search tool that lets you find video on the Web; If you then download what you find, is Google now viacariously liable?
s>

Scrolling News Resources:

MGM v. Grokster (EFF)

Notes on RIAA and MPAA Press Conference

Pro-Grokster press conference

WSJ Grokster Roundtable   

C/NET File Swap round up

Copyfight

Freedom-to-tinker

FTC Staff Workshop Report: Peer-to-Peer File-Sharing Technology [PDF]

Entertainment Industry Wins High Court Piracy Fight

Supreme Court Unanimously Sides With Entertainment Industry In Gokster Case

Court: File-sharing services may be sued

Studios Win Big in Grokster Case

Supreme Court rules against file swapping

 

Category: Film, Music

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Apprenticed Investor: Tracking Elephants, Part I

Tscm_1The latest "Apprentice Investor" column is up at TheStreet.com. Its called  "Tracking Elephants, Part I." 

Don’t be fooled by the title to this piece: "Tracking the Elephants" could just have easily been named "The non Technicians Guide to Technical Analysis (in two parts)." The idea was to reveal to fundamentalists a few of the more significant ways they can use charts to improve their results.

Podcast:

Here’s the ubiquitous excerpt:

"Here’s an interesting question: If you could look at one and only one source before buying your next stock, which would you choose: a fundamental analyst’s report (with no charts in it), or the chart of your choosing?  While I like having access to both, I cannot ever imagine buying something without first looking at the chart.

And so we wade into the ongoing battle between technical and fundamental analysts. Frankly, it’s one of the sillier debates in investing. But I’ve heard so many bad arguments and misleading theories about technical analysis that I decided to weigh in."

Before we wade too deeply into the controversy, ask yourself: "Why do I need to choose?" Why wouldn’t you use any tool that can be shown to have value? You wouldn’t build a house using only a hammer, but no drills or saws. Why limit yourself away from a tool that can assist you as an investor?

In the column, I used a chart of Ford — but it could have been just about any company , from JDSU to Lucent to World Con or Enron.
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Ford’s Downtrend
click for larger graph

Fordaiannotated

Prior columns can be found here.

To keep the column a modest length, a discussion about Janus Funds
selling of AOL Time Warner was edited out.  For your reading
pleasure, that section is here.

Podcast:

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Read More

Category: Markets, Podcast, Technical Analysis

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