International News

L’Oreal Launches Legal Campaign Against eBay Over Knock-Offs

L’Oreal reportedly estimates that counterfeit sales of its products on eBay have resulted in its loss of several million dollars. The cosmetics giant’s legal action against eBay echoes similar moves by the jewelry firm Tiffany & Co. in 2004 and by French luxury goods firm LVMH Moet Hennessy Louis Vuitton a year ago.
More…
[via: e-commerce times]
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AllofMP3 Rising from the Dead

Just saw this on TechCrunch this moring, “AllofMP3 To Rise From The Dead” …
The owners of the now infamous cut price Russian MP3 retail site AllofMP3 have posted that the site will soon recommence trading.
The announcement follows a Russian court decision August 15 that found AllofMP3’s previous CEO was not guilty of breaching Russian copyright […]

Former Allofmp3.com Owner Faces Jail Time

From a consumer standpoint, Allofmp3.com was pretty close to the perfect music service — dirt cheap, easy to use, and the choice of how you wanted your music encoded. Oh, and no DRM. But mix in the RIAA, the WTO, and a couple major world governments, and you’ve got a recipe that ends up […]

“Fat Tax” Could Save Lives

Saw this Reuters heading and thought they might be talking about the US, but apparently the UK is doing what the US probably should … taxing FATTY foods. The massive (no pun intended) amount of overweight people in American is growing (again not pun) each year. All you have to do is walk down any […]

Thomson Buying Reuters Confirmed

 
Thomson Corp. and Reuters Group on Tuesday confirmed they are considering combining in a deal that values Reuters at $17.7 billion US.
The two companies released details about how they would merge but cautioned that a final deal has not been reached.
“As this is a large and complex transaction, much has still to be resolved and there […]

Creator of ‘Big Brother’ and ‘Deal or No Deal’ Being Sold

Dutch TV company Endemol, the creator of the “Big Brother” and “Deal or No Deal” shows, is being bought for $3.6 billion by a consortium that includes the company’s founder and the media empire controlled by the family of former Italian Premier Silvio Berlusconi, Mediaset said today. More … (NYTimes)

Saddam Executed!

Finally, the tyrant is dead.
No, this will not stop all violence, but it will certainly be a milestone towards democracy in Iraq in giving people their well deserved freedom over there!
Go to Foxnews for the story.

Get ‘em while you still can (all of mp3 that is)

Read today on TechCrunch that Russian music site AllofMP3.com has responded to the RIAA’s rediculous $1.65 Trillon lawsuit they filed in NY.
Here’s their response:
“AllofMP3 understands that several U.S. record label companies filed a lawsuit against Media Services in New York,” an unnamed “senior company official” stated. “This suit is unjustified as AllofMP3 does not operate […]

Home Depot buys China home improvement chain

I wonder what Lowes’ next step will be after seeing this news:
Home Depot Inc. said on Wednesday it had signed an agreement to buy Chinese home improvement chain The Home Way, marking its first foray into retailing in China.
The acquisition will give it 12 stores in six cities and access to a $50 billion home […]

Verisign to Keep Control of .com Domains Until 2012

The US government has given its blessing to a controversial deal over the future of the lucrative .com net domain.
The deal gives .com administrator Verisign control over the domain until 2012.
The US Department of Commerce retains some oversight of Verisign and has final approval of any price rises to renew .com net addresses.
Critics said the […]