(Reuters) – The House of Representative’s Stop Online Piracy Act and the Senate’s Preventing Real Online Threats to Economic Creativity and Theft of Intellectual Property Act have generated fierce opposition within the technology community. Here are some facts about the bills:
What would SOPA and PIPA do?
** The legislation, known as SOPA in the U.S. House of Representatives and PIPA in the Senate, would use court orders to curb access to foreign websites “dedicated to theft” through techniques such as disabling links to those sites.
Jan 18 (Reuters) – Wikipedia, the world’s free online
encyclopedia, went dark on Wednesday and other Internet players
including Google put black censorship bars on portions of their
websites in protest of pending U.S. legislation designed to curb
The unusual protest was visible across the Internet in many
forms on Wednesday, with dozens of commercial and non-profit
websites either closing down for the day or urging visitors to
oppose what had until recently been a relatively obscure and
technical legislative proposal.
SAN FRANCISCO, Jan 18 (Reuters) – The English page of
Wikipedia, the world’s free online encyclopedia, was dark on
Wednesday except for a paragraph urging users to protest
legislation designed to stop copyright piracy, but that
Wikipedia says “could fatally damage the free and open
Google’s home search page has the logo: “Tell Congress:
Please don’t censor the web!”
SAN FRANCISCO (Reuters) – A blackout scheduled for Wednesday to protest against proposed legislation on online piracy has failed to get the support of the biggest Internet players.
Despite calls for the participation of sites such as Facebook, Twitter and other big names, the biggest participants are the online dictionary Wikipedia and the social-news website Reddit.
(Reuters) – U.S. legislation aimed at curbing online piracy, which had appeared to be on a fast track for approval by Congress, appears likely to be scaled back or jettisoned entirely in the wake of critical comments over the weekend from the White House, people familiar with the matter said.
The legislation, known as SOPA in the House of Representatives and PIPA in the Senate, has been a major priority for entertainment companies, publishers, pharmaceutical firms and many industry groups, who say it is critical to curbing online piracy that costs them billions of dollars a year.
Piazza, a Facebook-alumna created site that is trying to bring a little social-networking pizazz to university education, has secured $6 million in funding from Bessemer Venture Partners, Kapor Capital, and Felicis Ventures.
The Palo Alto, Calif.-based site, launched last year, is helping university students collaborate in online study groups under the guidance of their instructors. The cash will help Piazza expand beyond the several hundred schools where students use it today, said founder and chief executive Pooja Sankar, and into new study areas. Currently, it has the most traction in science, technology, engineering and math.
A spokesman says that the company is “pretty close to selling out” on the Signature Edition, on which it has said it will only take 1,000 orders. The company declined to say how close it was to that limit, but the spokesman said he expected that the release of its pricing and options packages yesterday would spur more customers to choose the Signature.
SAN FRANCISCO (Reuters) – Kevin Ryan, chief executive of online retailer Gilt Groupe, is keeping close tabs on congressional legislation that might enable him to have more shareholders in his young company.
Barry Silbert, chief executive of SecondMarket, an exchange for trading of private-company shares, is keeping close tabs on Ryan.
SAN FRANCISCO, Dec 21 (Reuters) – Kevin Ryan, chief
executive of online retailer Gilt Groupe, is keeping close tabs
on congressional legislation that might enable him to have more
shareholders in his young company.
Barry Silbert, chief executive of SecondMarket, an exchange
for trading of private-company shares, is keeping close tabs on
(Reuters) – Immigrants founded or cofounded almost half of 50 top venture-backed companies in the United States, a new study shows, underscoring some of the high stakes in potential immigration reform.
The venture capital community argues the study, completed by research group National Foundation for American Policy, proves the need to overhaul rules governing how entrepreneurs can immigrate to the United States to spur job development.