Thursday, November 28, 2002

Bubbles Can Burst?

The last strangled cries of peer-to-peer pioneer Napster was heard recently, when Roxio agreed to buy its patents and trademarks for the grand sum of $5 million. Considering that Shawn Fanning’s creation was supposed to revolutionize the music business, it’s especially disappointing - some dotcoms spent more than that on their launch parties. Of course the spawn of Napster – Grokster, KaZaA, WinMX, LimeWire and the rest – are still going strong, bringing copyrighted music and low-res pornography into the homes of millions of people around the world. Napster, you shall not be forgotten.


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