LimeWire to shut down permanently
LimeWire on Friday explained that its cancellation of music store plans was a full shutdown of the company. The company planned to close its New York office at the start of 2011. It didn't mention any follow-up companies or projects in a statement to AllThingsD.
LimeWire pulling peer-to-peer app
LimeWire today agreed to stop offering its peer-to-peer file sharing client after an unsuccessful attempt to fight a lawsuit win by RIAA labels from last spring. The company said the move was "not our ideal path" but said it would both remove the option to download the client and improve the filtering where it can. It didn't say how or if it could stop users from running copies they already have.
Court approves settlement in Comcast P2P lawsuit
The class-action lawsuit that dates back to 2007 against Comcast for throttling the Internet speeds of alleged peer-to-peer file sharers has reached its practical end through a settlement later on Thursday. Judge Legrome Davis of the US District Court for the Eastern District of Pennsylvania has given final approval to payments, giving any other parties interested in joining the class-action lawsuit until August 29 in order to claim a portion of the settlement.
Qtrax in Doubt
Peer-to-peer service Qtrax is raising controversy by failing to make its intended Monday release date and offer what it claims would be some of the first free, legal peer-to-peer downloads from all four major music labels, says a report from Silicon Alley Insider. Although Qtrax has claimed that it would launch today with music from EMI, Sony BMG, Universal, and Warner, a challenge by the Bay Area publication reveals that most of the deals are either incomplete or unknown. Both EMI and Warner have denied authorizing music altogether; Universal is in talks with Qtrax while Sony BMG has not responded at all, according to the report.