Visar inlägg med etikett finance. Visa alla inlägg
Visar inlägg med etikett finance. Visa alla inlägg

tisdag 25 mars 2014

Court Case eases up on Piracy

What is a downloaded movie worth? What is a reasonable punishment for a person who downloads a movie, and one that uploads a movie? Is piracy theft, or should it just be consider plagiarism?

Internet piracy is still a relatively new phenomenon, most countries are currently far from nailing down their legislation on the spectacle, and the debate is well under way on how piracy should be treated in the justice system. Sweden, being a fore runner when it comes to both Internet piracy, and piracy prevention, is still leagues from a solid answer.

Therefore, leading judgments are important, and since the Internet and information sharing is global, it is very interesting to examine how other countries deal with their cases of piracy. A case well worth putting under the microscope is a subpoena from the U.S.; Malibu Media Llc vs. John Does.

Malibu Media Llc saw how some of their movies (and other IP products) were leaked on the Internet. The company then tracked the IP-address used for sharing these files over a Bittorrent protocol, and based on that IP-address the company found the uploader. This time it happened to be a home user rather than a public hotspot. Subsequently geo-location was used to find the physical address, and the subscription service used, and thereby identified the physical person behind the uploads.

Or so they thought.

The law suit is as a classic example of what may cause many pirates to choose to hide their IP-address, i.e. example via VPN services, but interestingly enough, the judge in Florida decided to go a different route. The judge ruled that although the address was correctly identified, you cannot rule out the possibility that someone else used the computer. Home networks and home computers are after all often shared by several people.

Similar judgments have been identified previously in the U.S., and seems to be increasingly common. In Sweden we have had relatively few court cases of piracy that had been triad on the basis of IP-address, but this case may be setting the stage for how these cases can come to be interpreted.

What do you think about internet piracy? Please comment below. 

fredag 15 november 2013

Snapchat Playing it Cool

I recently wrote about how SnapChat may spell the fall ofFacebook. Now I don’t want to pat my own back here, but it seems as though Mark Zuckerberg is reading my blog and taking notes (probably not, but fun still) since Facebook recently announced plans for acquiring SnapChat.

However, since founders Evan Spiegel and Bobby Murphy also seem to be avid subscribers to the Social Gnome, they coldly, shrewdly, and wisely turned down that offer. What happened next? Zuckerberg upped the ante. But Spiegel and Murphy would not have any of it, turning down the 3 billion dollar offer.

23-year-old Spiegel, has yet to comment on the information, but according to the Wall Street his plan is to start bringing in bids from potential buyers first next year. It is hoped that Snapchat will have grown even larger at that time, and thus have become worth more money. Snapchat has today only been around for about two years, and if the net-worth increases along the same tangent it has so far, it would be worth (crude calculations) an estimated 3,75 billion in May and 4,5 in November of 2014.

This however is all conditioned on several things but the two most important factors would be;
  1.  Facebook themselves just copying the app and incorporating their “FaceSnap App” into their existing library. We all know they do have the resources, and building such an app is NOT a 3 billion dollar investment. What Snapchap is offering Facebook here is a kick start, where Facebook would not have to invest in building a community nor brand awareness.
  2. Fad dying off and users leaving SnapChat. And if this happens SnapChap will not even be worth the time of day. It has happened before with immensely popular sites and applications. The social Internet is moving fast, and so is its users.

However, Facebook are not alone in trying to acquiring Snapchat; several different companies have shown interest. As of right now Snapchat has no sales what so ever, simply relying on its users. No ads, nothing; just investors and evaluations. With such a volatile income base, it shows Iceman guts to pass by an offer that would make the founders economically independent. 

And as of right now, Speigel and Murphy are playing it cool.