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Tuesday, September 20, 2005

Grokster to sell out?

"Grokster is in talks to be acquired by Mashboxx LLC, which is attempting to establish a legal peer-to-peer music company."

This was somewhat clear after the music industry put pressure on the company and is a common strategy - think Napster. The result? Well, eDonkey took over from Grokster already and 1,000 new file sharing applications will bloom, when Grokster sells out.

(By Asia Business Consulting)