The Real Secret to Venmo is the Social Experience, Says PayPal CEO

The real secret to Venmo is that it’s not just a payment transaction, it’s really a social experience, says PayPal CEO Dan Schulman. “It really is tying into this desire in the millennial generation to tie into your social network,” noted Schulman. “It’s really a social experience.”

Pirates More Likely To Pay For Digital And Physical Media Than Non-Pirates

There’s nothing worse than pirates who steal and share content freely without repercussion. That’s at least what the entertainment industry would have you believe. They want everybody to know just how despicable those who would share their content really are.…

UK Pirate Bay ISP Blockade Did Nothing To Stop Piracy

The entertainment industry is pretty short-sighted when it comes to finding solutions to piracy. They file a little lawsuit here and a little domain ban there in hopes that people stop using P2P services to download their content free of…

Head Of The RIAA Says ISPs To Implement Anti-Piracy Measures By July 12

Internet service providers are set to start clamping down on illegal file sharing this summer, according to the head of the RIAA. Speaking at the annual meating of the Association of American Publishers, RIAA CEO Cary Sherman said that ISPs…

File Sharing Company Caffeinated Mind, Acquired By Facebook

Facebook has acquired Caffeinated Mind, a company that makes a P2P file transfer system called Sendroid. The company says it does so by “making transferring any size file between two people as simple as clicking a link.” It appears that…

Government Introducing “Six Strike” System To Combat P2P Piracy

It used to be that if you were found to be downloading something off of a P2P network, you were sent a letter demanding that you pay a settlement or go to court. The RIAA found out later that suing…

White House Throws Support Behind New Anti-Piracy Agreement

Not long after the news broke that top Internet Service Providers had agreed to a deal with the music and film industries to adopt a new, graduated response to piracy, the White House threw its support behind the deal on…

Top ISPs Adopt Graduated Response to Piracy, Give Users Six Strikes

A couple of weeks ago, we told you about a new anti-piracy campaign being pushed by the National Cable and Telecommunications Association (NCTA). The deal, backed by the music and movie businesses would have major Internet Service Providers sign a…

AT&T, Comcast Preparing For Stricter Anti-Piracy Measures

Top Internet Service Providers and media groups are very close to a deal that would amount to one of the most serious anti-piracy measures to date. According to multiple sources, CNET is reporting that a group of ISPs that includes…

Hurt Locker BitTorrent Lawsuit Breaks Record

Just two weeks ago, a lawsuit targeting the Sylvester Stallone action flick The Expendables set the record for largest file-sharing suit ever. It targeted roughly 23,000 BitTorrent users who downloaded the movie between February and March of this year. That…

Netflix Top Internet Traffic Source in North America

Netflix is King of the Internets. At least, if you go by peak period traffic. A new report by Sandvine Intelligent Broadband Networks says that real-time entertainment has overtaken web browsing as the source of the majority of internet traffic…

LimeWire and RIAA Settle for $105 Million

Late last night, the legal battles between LimeWire and the Recording Industry Association of America have reportedly ended. The P2P client will pay record labels $105 million in damages stemming from illegal file sharing. This out-of-court settlement with 13 different…

Huge BitTorrent Lawsuit Targets 23,000 “Expendables” Downloaders

United States Federal Judges are sending mixed messages when it comes to the legality of forcing ISPs to fork over customer information. Days after one District Court Judge rules against the right to subpoena ISPs, another has granted a motion…

Who is Responsible for Illegal P2P Downloading?

Don’t hate the player, don’t hate the game – hate the messenger? In the latest round of who-can-we-sue, disgruntled “victims” of file sharing have taken aim at CBS’s CNET, specifically their software downloading site cnet.download.com. Entrepreneur, FilmOn Founder and “eccentric…

P2P Music Sharing on the Decline?

The fight against digital music piracy seems to always be a step behind the current trends. When the doors were finally shut on Napster, some people * ahem* had already gotten more music via the service in a week than…