Word: napsterã
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...story: Having amassed an unmanageable number of contacts over the course of Napster??s legal battle, Sean Parker had an idea for an electronic address book tool that would automatically organize and update contact information. Plaxo partnered with Sequoia Capital to launch the project. To date, Sequoia has helped Plaxo raise $20 million in venture money. Four years later, Plaxo now has more than five million users and is on its way to becoming a profitable corporation. The only thing Plaxo doesn’t have is Parker, who left the company in April of last year...
When it started, the SKYRIS team was influenced by the explosion of file-sharing programs after Napster??s rise to popularity and the failures of early peer-to-peer programs like Gnutella...
...Napster??s file-sharing service attracted legal troubles because it enabled users to trade copyrighted materials illegally. In 2001, Napster, Inc. offered the recording industry $1 billion to settle copyright infringement lawsuits, and a federal injunction requiring the company to block illegal downloads ultimately crippled the free song-swapping service...
...stealing any records either. In fact, the Weld professor of law was probably sitting in his quiet Griswold Hall office when the revolution broke out. Almost overnight, a program called Napster turned an obscure legal interest of his into the focus of a heated national debate. Napster??s debut didn’t just put free music into your playlist—it undermined all traditional notions of property. The battle that ensued is not just a fight between hip listeners and entertainment executives in three-piece suits...
Given the harsh reception that met its IPO, however, it seems unlikely that the facemash will “pull a Napster?? and rise from its electronic grave. And perhaps that is for the best: As midterm season puts us at the mercy of our TFs on a daily basis, it’s starting to become apparent that we may already have enough arbitrary judgment in our lives. Being humiliated for “creative” choices in our short-essay answers is bad enough. Being humiliated for our “creative” Freshman...