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Pirate Bay Buyer Hit with Bankruptcy Suit   September 21, 2009 7:19AM     The Pirate Bay Web site has been at the center of controversy about file sharing for some time. In April, a Stockholm district court sentenced four men to year-long jail terms for operating the Web site. Citing that the site allowed illegal file sharing, the court ordered the four to pay damages. The defendants have appealed their sentences.   Related Topics Pirate Bay Global Gaming Factory File-Sharing Illegal Downloads Bankruptcy Latest News Plasma-TV Ban Could Be Costly Barnes & Noble Nook Is Delayed Flat PC Shipments Hurt Dell's Stock Ballmer Says Windows 7 Sales Good New Pogoplug 'Cloud' Gets Social The software group that wants to buy the Pirate Bay file sharing site suffered a new setback Friday when a creditor asked a Swedish court to declare Global Gaming Factory X (GGF) bankrupt, a news report said. Johan Sellstrom, a former board member of GGF, filed the suit after failing to get an outstanding debt of some 1.3 million kronor (200,000 dollars) paid, the Svenska Dagbladet newspaper reported. GGF, which operates a network of Internet cafes and game centers, said in a brief statement that it contested the claim from Sellstrom and Advatar Systems, the report said. In June, GGF said it made an offer to buy the Pirate Bay Web site for 60 million kronor of which half was in the form of new shares. Doubts have been raised about GGF's ability to raise the capital. Earlier in September, GGF was delisted from the Equities Market Place, a small bourse aimed at developing entrepreneurial businesses. The Pirate Bay Web site has been at the center of controversy about file sharing for some time. In April, a Stockholm district court sentenced four men to year-long jail terms for operating the Web site. Citing that the site allowed illegal file sharing, the court ordered the four to pay damages. The defendants have appealed their sentences and called for a retrial. A tentative trial date has been set for mid-November.   © 2009 Deutsche Presse-Agentur (dpa) under contract with MarketWatch. All rights reserved.   Advertisement  World Wide Web 1.   Online Help for Holiday Shopping 2.   Five People Indicted in Internet Scam 3.   Vietnam Net Users Fear Facebook Ban 4.   Bing's Market Share Nears 10 Percent 5.   Social-Networking Lingo Recognized

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Network Security Spotlight

House Lawmakers Push Ban on Peer-to-Peer Software Stung by an embarrassing electronic leak revealing ethics investigations into dozens of lawmakers, Congress moved to prohibit federal employees from using the file-sharing software blamed for the disclosure.   GAO: Los Alamos Computer Security Has Weaknesses Security weaknesses uncovered in Los Alamos National Laboratory's computer network increase the risk of a classified-information breach, says the Government Accountability Office.   Computer Security Firm Fortinet Plans IPO This Week Fortinet plans to go public in an initial public offering, giving investors a chance to tap a network security provider with sales that are expected to grow. The IPO could be valued at $137.5 million or more.

Enterprise Hardware Spotlight

Flat Shipments Hurt Dell Despite Increased Earnings Dell's earnings are up and expectations are solid, but the company's stock still took a hit after analysts signaled the company isn't playing a key role in the PC market recovery.   New Pogoplug 'Personal Cloud' Does Social Networking Cloud Engines has released its newest version of the Pogoplug, a small "multimedia sharing device" that connects hard drives to the Internet and allows a user to access the files remotely.   Apple Tablet Rumored Delayed as Publisher Gears Up There have been so many rumors of an Apple tablet that it has taken on legendary status. But now the legend is being revised with reports of a delay and that a major publisher is getting ready.

Enterprise Technology Spotlight

Flat Shipments Hurt Dell Despite Increased Earnings Dell's earnings are up and expectations are solid, but the company's stock still took a hit after analysts signaled the company isn't playing a key role in the PC market recovery.   Smartphones: A Bigger Target for Security Threats Smartphones are increasingly prevalent and adept at handling more tasks, including trading stocks, paying bills, and buying stuff online. That makes them attractive to thieves and hackers.   FBI Says Hackers Targeting Law Firms, PR Companies Hackers are targeting law firms and public relations companies with a sophisticated e-mail scheme that breaks into their computer networks to steal sensitive data, often linked to large corporate clients.

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