kauttapiste writes: "A Swedish court has convicted four men linked to the popular Pirate Bay file-sharing site of breaking Sweden's copyright law.
The Stockholm district court sentenced Gottfrid Svartholm Warg, Peter Sunde, Fredrik Neij, and Carl Lundstrom to one year each in prison.
They were also ordered to pay damages of 30 million kronor ($3.6 million) to a series of entertainment companies, including Warner Bros, Sony Music Entertainment, EMI and Columbia Pictures."
The defendants are expected to appeal all the way to the highest court if necessary.
Microsoft today announced that it has made a proposal to the Yahoo! Inc. Board of Directors to acquire all the outstanding shares of Yahoo! common stock for per share consideration of $31 representing a total equity value of approximately $44.6 billion. "The combined assets and strong services focus of these two companies will enable us to achieve scale economics while reaching R&D critical mass to deliver innovation breakthroughs," said Kevin Johnson, president of the Platforms & Services Division of Microsoft. "The industry will be well served by having more than one strong player, offering more value and real choice to advertisers, publishers and consumers."