KazaaGate

[realFedUp]

Here is a tale of international financial intrigue on an enormous scale involving the Red Cross, the Kazaa file sharing company which is under attack by the music industry, and a mysterious trust fund (with what might be all of Kazaa's cash) purportedly set up by Kazaa in the wake of the asian tsunami disaster to benefit the Red Cross. And if that isn't interesting enough, here is the latest clue to the tangle: The Red Cross has never heard of this trust.

http://www.apcmag.com/apc/v3.nsf/0/B75A5F4A72BAE84CCA256FC1002F35F2

[DainBramaged]

1. The scum of file sharing software hiding money, no way.

Who would have thunk it. Oh wait, I recall all the money I've made repairing the IP stack on computers that the parents tried to uninstall Kashit from (sort of a fuck you for saying no to them). Never mind. Kashit be gone.

[drm604]

2. It says Day 16 Part 2

Is there a link to Day 1 Part 1?

[realFedUp]

4. Here is Part 1

http://www.apcmag.com/apc/v3.nsf/0/5B3845E64422BD17CA256FBF0003E19E?OpenDocument

[Old and In the Way]

3. Where's the financial model here?

The P2P's give you the software and the consumer trades music. Where is the money made? On per per click site ads?

[realFedUp]

5. good question

I am still trying to wrap my brain
around this story...never heard of it
til someone sent me an e-mail...