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President Obama is facing great challenges as he takes office and may have made a hasty decision to close Guantanamo Bay without addressing all of the repercussions, Sen. John McCain told CNN's Larry King Thursday night."> text/html; charset=iso-8859-1

An article from BNO News has recently reported that LimeWire has been shut down by a U.S. court on claims that the site was used for infringement. LimeWire is notorious for allowing its users to download music without paying for the file, which begs the question, is this legal? The Recording Industry Association of American, which represents several important record labels such as Sony, EMI, Universal, and Warner filed a lawsuit against LimeWire in 2006 stating that the company was allowing downloading of illegal music, violating the terms of the music's copyright. Since these record labels own the copyrights to the majority of the music that was being distributed, they were losing money and business because they were not getting paid for the use of their music. Lime Group, the company that owns LimeWire, continues to function otherwise, it is just this subsidiary that has been ceased to conduct business. Although the future seems bleak for LimeWire, its CEO remains optimistic.

On October 27, 2010 a very popular music sharing application called Limewire was shut down due to copyright infringement. BNO news reported the story to wireupdate.com and the a few record labels like SOny, EMI, Universal and Warner filed a lawsuit against Limewire in 2006 so this is nothing new for the file sharing company. The Lime Group CEO and owner of Limewire George Searle said "challenging time, we are excited about the future." So he seems to have a good outlook on the future eeven though his company is going through this touch time.

Most ads have sold for about $3 million per 30-second spot-an all-time high price for the Super Bowl, which is the most watched event in the nation, with about 100 million U.S. viewers.

During Friday night's presidential debate, Barack Obama claimed that one of John McCain's advisers, former Secretary of State Henry Kissinger, supported his view that the U.S. president should meet with Iran's president and other rogue dictators without preconditions.

Barclays is likely to reach an agreement to buy a large chunk of Lehman's U.S. operations in the next several hours, according to people familiar with the situation.

A short guide to understanding the U.S. election process.

CK-12 Foundation is a non-profit organization with a mission to reduce the cost of textbook materials for the K-12 market both in the U.S. and worldwide. Using an open-content, web-based collaborative model termed the "FlexBook," CK-12 intends to pioneer the generation and distribution of high quality educational content that will serve both as core text as well as provide an adaptive environment for learning.

Washington: Oct 21, 2010.This article, written by Eliza Krigman published in the Congress Daily/P.M. Krigman is an education reporter for top political and public policy magazines she is based in the UK. This article discusses how currently rights holders of companies and many government leaders are determined to crack down on Internet piracy through stricter enforcement. Public-interest groups argue that such rules can jeopardize free speech, particularly in countries without the types of safeguard measures found in American law and are angry. The possibility of using copyright law to justify censorship drew attention recently when the New York Times exposed how the Russian government used Microsoft to suppress political dissidents. This issue is very relevant to everyone whether you are a right's holder or user or a copyrighted products. LINK:http://techdailydose.nationaljournal.com/2010/10/ip-enforcement-policies-stir-c.php

There is a law, that allows "any blog or other website to register a DMCA takedown agent with the U.S. Copyright Office, an obscure bureaucratic prerequisite to enjoying a legal "safe harbor" from copyright lawsuits over third-party posts, such as reader comments." This is a reason why websites like youtube can exist. However, there is a loophole to law. A company based on Las vegas bought copy right for the Las Vegas Review-Journal, just for the purpose of suing any websites who have failed to pay 105 dollars and register with United States Copyright Office.

This article discusses the chance of the U.S. Copyright Act of 1976 coming back to create tumult in the musical business. This could be caused due to provisions that allow authors or their heirs to terminate copyright grants.The Copyright Act includes two sets of rules which are If an artist or author sold a copyright before 1978, they or their heirs can take it back 56 years later. If the artist or author sold the copyright during or after 1978, they can terminate that grant after 35 years.

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In a move that recognizes the modern world's twin obsessions - indulgence and guilt - chocolate maker Nestle said Monday it would purchase weight loss product maker Jenny Craig Inc. for $600 million.

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