Ends up with 34 percent share
AT&T has completed its acquisition of minority stakes in Cincinnati SMSA Limited Partnership and Cincinnati SMSA Tower Holdings from Convergys, a business services outsourcing provider best known for its call centers. AT&T had announced the deal in early June. The company paid $320 million in cash.
HP puts all of Paul McCartney's assets in cloud
HP Enterprise Services has teamed up with Paul McCartney's media company MPL Communications to create a library of the singer's works and related memorabilia. Over one million items are stored online, including photos, videos from live concerts, rolls of film, videotapes, music recordings, works of art and more. The digitized assets are stored on HP Converged Infrastructure, made up of modular HP servers, storage and networking software.
Group demands $150K per download
Eight music publishers have sued Limewire for copyright infringement. David Israelite, chief executive of the National Music Publishers’ Association, said his organization decided to pursue its claim after record companies won a similar lawsuit last month. The publishing group is claiming damages of $150,000 per download, the same as the record industry sought.