The long-standing legal dispute between Toys R Us and Amazon has been resolved in the toy retailer’s favor, but at a much discounted price. In a regulatory filing submitted to the SEC Friday, Amazon said it has agreed to pay Toys R Us $51 million to settle claims that it violated a former exclusivity agreement with the company.
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You’ve got to love the International Federation of the Phonographic Industry–if not for its hopelessly antediluvian moniker, then for its we’re-on-a-mission-from-God attitude toward its criminal case against torrent index The Pirate Bay. Just two days into the trial–apparently the hottest ticket in Stockholm right now–and already, half the charges against the Swedish site have been dropped because of the prosecution’s fundamental misunderstanding of the nature of the torrent-distributed protocol.
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