Grokster acquired by Sony
Grokster (the company, not the court decision) has been acquired by Sony, inc. and will be rereleased under the name Mashboxx, a legitimate, "label-friendly" p2p service. Apparently, the service will continue to allow general file sharing, and will also have an iTunes-like storefront. It is interesting to see how, if general sharing is allowed, the new service will prevent infringing shares. It certainly seems like illegal p2p is on the decline.