FlipCurve

Posts Tagged ‘Money’

Bankruptcy in The Air After RIAA Verdict

Monday, August 10th, 2009

Most people in the tech world have been buzzing over the massive judgement levied against a student for illegally downloading and sharing 30 copyrighted songs online. The student, Joel Tenenbaum of Boston University, was ordered to pay the RIAA $675,000 for the copyright infringements last week by a jury. Citing his obvious lack of funds as a university student, Tenenbaum is stating that he will have to file for bankruptcy if the judgement stands. Fortunately, however, he is deciding to pursue this by appealing to a higher court.

Copyright laws with regards to music, games, and movies have always been tricky. The problem is that on the one hand, there is no denying the fact that what Joel and so many others have done deprives the artists of rightfully earned money. He downloaded the music without paying for it and then proceeded to distribute the music to other people who didn’t pay for it. Clearly the artists did suffer financial damages due to copyright infringement. However, on the other hand, what Mr. Tenenbaum did wasn’t particularly costly to the recording industry. Let’s suppose that each song cost about $1.00 to buy new. Now, let’s also suppose that 20 people downloaded each song. At 20 people x 30 songs x $1.00 per song, you would have real damages in the ballpark of $600. Sure these are all assumptions, but unless you hand 1000s of people downloading the songs, the actual damages awarded were probably around 1000x that of the “real” (or a better word might be “perceived”) fiscal loss.

That’s where the problem comes in. Copyright laws, so far, have had a real problem striking the balance between defending the artists and producers, while at the same time imposing reasonable damages. I’m all for protecting the artists right to fiscal compensation for their work, but let’s make the system work like everything else. Current US law states that the fines permissible range from $750 (debatably reasonable) to $150,000 (holy ****) per act of copyright infringement. Just for comparison, if I walk into a store and steal a bunch of candy bars, do I have to pay the shopkeeper $500,000? Of course not. I might have to pay him a few thousand for the hassle and court costs, but certainly nothing that outrageous.

I believe file-sharing damages should be treated as though you “gave” each one of these individuals a copy of the song. So, if you make a song publicly available and 1,000 people download it, the artist should be eligible to recuperate 1,000 times the average MSRP of the song, which is typically around $1.00. So in my little example, the artist could get $1,000 plus court costs plus some nominal fees in damages. Similarly, if I gave a tune to three of my friends by letting them get the MP3 off my phone, the total suable damages would only be three dollars. This, I feel, represents a fair balance – punishing those who really do cost the artists money, while at the same time, not making it so that every instance of sharing basically bankrupts you. To put it another way, there’s malicious sharing that seriously cuts into the artists revenue and then there’s the somewhat common scenario of “hey man, I just got this cool song on my phone – if you like it, I’ll send it to you”. The first should be punished – the second, not so much.

In conclusion, let’s all work together to make the penalties more commensurate with the crime. That way we can weed out the file sharers that really hurt the industry by sharing 1000s of songs, while at the same time not bankrupting students like poor Joel Tenenbaum who’s total “cost” to the industry probably never exceeded $1,000.

Popularity: 9% [?]

The Seafood Restaurant, St Andrews – Fife.

Thursday, July 2nd, 2009

Last week I had the privilege of eating at one of St Andrews’ finest eateries. The Seafood Restaurant was a brave choice for my Wife’s graduation lunch as I am only a recent fish/seafood eater so it is all a little new to me.

Ordering two fish dishes in one meal was a first for me, but the smoked haddock rarebit and the pea and ham risotto topped with monkfish was delicious (the monkfish also came with a cauliflower foam, which made me feel like I was on a TV cookery program!). I finished everything off with a gorgeous chocolate fondant dessert which was all warm and gooey just as you would want.

The venue is second to none, over looking St Andrews’ Old Course it’s a golf geeks dream. I cannot recommend this place enough, although it wasn’t cheap I certainly felt like we got value for money.

Popularity: 3% [?]

SDXC to Debut Next Year with 64 GB Capacity

Saturday, June 20th, 2009




Blu-Ray might really have a run for its money next year in terms of storage when SDXC, the next generation of SD cards, is rumored to be released. Expected to have 64 GB of capacity to start and 52 MB per second speeds, this technology would be faster than Blu-Ray (which has a maximum capacity to date of 50 GB and movies require at least 54 Mbps or 6.75 MBps transfer) and also probably have enough storage to replace all of your current SD cards.

This is quite exciting as even though external storage has come down quite a bit in price, I could truly see this giving Blu-Ray some serious competition in the HD recording market. Presently HD camcorders have had a hard drive in them because there has been no external storage to date that has been able to handle the capacity necessary for “Full HD” recording. Now, instead of having everything on the hard drive and needing to download it to your computer or put it on Blu-Ray, you’ll be able to grab one of these cards and put it into your camcorder. Then when you want to see your video, you can take it out and play it on a TV that has SDXC. That aspect alone could really help propel HD camcorders into the mainstream.

Although there is no roadmap released for SDXC, Blu-Ray has been expected to release 100 GB discs for a little while now, however, that never seems to have materialized commercially. Plus with the cost of BD-REs in most places, the prospect of a 64 GB (to start) card might be a very, very appealing solution for data backups. It’ll be interesting to see how far SDXC will go, but I suspect that 64 GB cards will be in 2010 with 128 GB following maybe one year after.

So things are definitely looking up in computer storage these days. Between Blu-Ray, SDXC, and massive external hard drives, there should be no excuse for anyone to ever lose important data or complain that they no longer have enough space.

Popularity: 29% [?]

Bing another review

Thursday, June 18th, 2009

My First Searches at Bing

For those of you that don’t know Bing is Microsoft’s current attempt at competing in the search engine marketplace. They aren’t trying to win the battle just yet, but they are trying to give Yahoo a run for their money. I am going to use Bing exclusively for one afternoon, and journal my findings here. I love the look of the site, and that is what has made me give it a shot, here goes!

Searched for the web’s best new website, http://www.flipcurve.com by typing “flipcurve” (without speech marks) into Bing. Result? Epic Fail.

“bbc news” okay I know am throwing Bing a bone here, but I wanted to see how search results were presented. The look is okay, but not as nicely as the start page is laid out.

“lacie iamakey” This is something I am genuinely looking to purchase so after getting the search results I clicked on shopping to see what result I scored, and I got directed to CIAO. I usually avoid such sites, but I rolled with it and found what I wanted for a decent price.

Next I searched for a post I made at the Digital Point Forum. Bing found it, but it just didn’t feel right.

Searching for a technical problem with a scanner my office uses Bing has really come up trumps. The exactly solution was first (even though my search term was pretty lame) and using the page preview function on the right hand side of the page saved me some time.

This experience has convinced me that Bing may have more to offer than Google.

So after a few searches on Bing I am convinced it has something to offer, but will I use it? No I will not. Why Not (I near nobody scream)? I will not move my custom to Bing because I have lost faith in Microsoft and because of that I have moved all of my email and search engine usage to Google, and I am not read to make the switch back just yet!

How have you guys got on with Bing?

Popularity: 3% [?]

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