Tag Archives: technology

Google Books Copyright Suit Ends As Supreme Court Rejects Challenge

The U.S. Supreme Court on Monday declined to take up a case focused on whether Alphabet ( GOOGL ) unit Google carried out copyright infringement when it scanned millions of books and made them searchable online for free, dealing a final blow to a group of book authors who had first sued the search giant more than a decade ago. In a brief written order, the justices said they won’t take up an appeal by the Authors Guild and individual writers who argued Google engaged in copyright infringement “on an epic scale,” the Wall Street Journal said on Monday. Lower courts had sided with the company, ruling that the search giant engaged in “fair use” of the writers’ works for its Google Books digital database, which allows individuals to search for specified terms in more than 20 million works and view excerpts of many of the books that appear in the search results. In the most recent court decision, the Second U.S. Circuit Court of Appeals in New York last October ruled Google’s actions were legal. Because the Supreme Court declined a review, those rulings are the final word in the matter, and it’s the end of the road for the authors’ legal push. The authors in their court petition  argued that the lower-court decisions represented “an unprecedented judicial expansion” of the concept of fair use and threatened copyright protections in the digital age. They said Google copied the books for profit and shouldn’t be excused “based upon the perceived social benefit” of its search product. Google said its books database gives readers a new way to find books and advances the interests of authors. “We’re pleased the court has confirmed that the project is fair use, acting like a card catalog for the digital age,” Google said in a statement to IBD in October, when the circuit court in New York rejected the infringement claims against Google, initially filed in 2005. The three-judge panel had affirmed a 2013 District Court judgment that the online-search service does not violate intellectual property law because it provides “several important educational purposes.” Google had said it could face billions of dollars in potential damages if the authors prevailed. The Authors Guild had said that Google makes 78% of the books, including those under copyright, available for display to its users for free, through the use of  “snippets” — short bits — of the books online. The Guild had asked for  “fair compensation for Google’s commercial use of their books and for Google’s distribution of their e-books to libraries.” The Google Books project began in 2004, when some of the world’s leading research libraries started to allow Google to scan books in their collections. The company gave the libraries digital copies of the books it scanned. Many of the books in the Google database are out of print. A sizable number of them are in the public domain, no longer eligible for copyright protection. But millions of other books are under copyright protection, and Google didn’t seek permission from the copyright holders for its scanning activity. The individual plaintiffs who filed the proposed class action against Google included, among others, former New York Yankees pitcher Jim Bouton, the author of the acclaimed memoir, “Ball Four.” Alphabet stock was up a fraction in midday trading in the stock market today , near 787.

IBM Showcases Video Streaming At NAB Show; More Competition For Akamai?

IBM ( IBM ) pushed further into online and cloud-based video services, unveiling streaming products at the National Association of Broadcasters show in Las Vegas on Monday. IBM downplayed possible competition with Akamai Technologies ( AKAM ), the leader in content delivery network services. IBM, though, seems to be moving onto Akamai’s turf, says Oppenheimer analyst Tim Horan. At the NAB show, IBM took the wraps off Aspera FASPStream , software that IBM says streams live broadcast video over “commodity Internet networks.”  IBM also unveiled an enterprise CDN product that lets companies broadcast live streaming video within their corporate firewalls. IBM’s initial clients for the video streaming products include AOL, part of Verizon Communications ( VZ ); the Canadian Broadcasting Co., Comic-Con and Mazda. “We’re not in the CDN business like Akamai,” Braxton Jarratt, who leads IBM’s cloud video unit, told TechCrunch . He added, though, that IBM has substantial cloud and software resources. IBM has made a few video streaming-related acquisitions. At NAB, Akamai announced the opening of a  broadcast operations control center to support customers’ over-the-top (OTT) video streaming. Cable TV firm Comcast ( CMCSA ) also looms as a new rival of Cambridge, Mass.-based Akamai. Comcast launched a commercial CDN offering in May, 2015. Akamai’s global CDN speeds up video streaming, e-commerce transactions and business software downloads over the Internet. Akamai competes with Level 3 Communications ( LVLT ) and Limelight Networks ( LLNW ) as well as startups Fastly and CloudFlare.

Medivation Rises On Cancer Drug Data, AstraZeneca Buyout Rumor

Shares of drugmaker Medivation ( MDVN ) hit an eight-month high Monday after it reported successful early-stage cancer data as buyout rumors continued to circle the company. On Sunday at the annual meeting of the American Association for Cancer Research, Medivation said that its drug candidate talazoparib, combined with low-dose chemotherapy, produced a clinical benefit in 23 of 40 patients with heavily pretreated cancers. The company noted that four of seven patients with ovarian cancer showed objective responses, or tumor shrinkage. At the same time, the Times of London reported that big British pharma AstraZeneca ( AZN ) is said to be preparing a bid for Medivation , which currently holds a stellar IBD Composite Rating of 97 thanks to strong growth of its sole marketed product, prostate-cancer drug Xtandi. Late last month, Medivation reportedly hired bankers to deal with buyout attempts, and last week it was said to have rebuffed a bid from Sanofi ( SNY ). Medivation stock rose 4%, above 53, near midday trading on the stock market today . It hit 54.55 intraday. The last time it cracked 54 was back in early August, before biotech stocks crashed. IBD’s Take: How healthy is Medivation’s stock, and how does it stack up vs. rivals? Stifel analyst Thomas Shrader wrote that the latest cancer data will likely make Medivation play even harder to get. “It’s hard to draw too much out of such a small data set from a single center — but these data will only make the company less interested in being acquired without very significant upside to the current value of the Xtandi franchise and at least conditional upside to the current value of the talazoparib franchise,” Shrader wrote in a research note.