The Morning After: Adidas' first NFT drop made $23 million

If you’ve started to generally understand the ebbs and flows of cryptocurrencies, the volatility of Bitcoin and the rest, and started to comprehend why blockchain tech has a big future beyond Dogecoin, it probably means you’re late to the NFT party. Non-fungible tokens are, well, unique. (That’s what non-fungible means.) They’re sort of like a digital trading card in a lot of ways.These digital goods are shaking up the art world, sports collectibles and many other fields. And you’re late to the party because, well, Adidas is making bank, and Nike is chasing the NFT bucks as well. (We have a deeper dive on NFTs right here.)Over the weekend, Adidas' first NFT effort made over $23 million in Ethereum, from a $15.5 million Early Access phase and $7.5 million in general sales. It wasn’t entirely smooth sailing — Adidas had to halt early transactions due to a technical hitch. It did, however, prove there’s an audience for NFT collaborations, starting with this partnership with Bored Ape Yacht Club (an existing collection of Bored Ape NFTs).— Mat Smith Due to shortages, Microsoft used Xbox dev kits to run a 'Halo Infinite' tournamentSupply chain constraints.MicrosoftA Kotaku report over the weekend explains how Microsoft had to use Xbox Series X dev kits to run the first major Halo Infinite tournament, the Halo Championship Series' Raleigh Major, this weekend. Sadly, the company couldn't find enough retail consoles to use — the "global supply chain shortage is real," 343... Continue reading at 'Engadget'

[ Engadget | 2021-12-20 12:13:50 UTC ]

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Google's Book-Scanning Is Fair Use, Judge Rules in Landmark Copyright Case

Google's massive book-scanning project that makes complete copies of books without the authors' permission is perfectly legal under U.S. copyright law, a federal judge ruled today, deciding an 8-year-old legal battle.     Continue reading at Wired

[ Wired | 2013-11-15 00:00:00 UTC ]
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8 Years Later, Google's Book Scanning Crusade Ruled 'Fair Use'

Eight years after a group of authors and publishers sued Google for scanning more than 20 million library books without the permission of rights holders, a federal judge has ruled that the web giant's sweeping book project stayed within the bounds of U.S. copyright law.     Continue reading at Wired

[ Wired | 2013-11-14 00:00:00 UTC ]
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J.K. Rowling penning magic movie for Warner Bros.

J.K. Rowling's world of wizardry is coming back to the big screen—but without Harry Potter.Studio Warner Bros. announced Thursday that Ms. Rowling will write the screenplay for a movie based on Fantastic Beasts and Where to Find Them, her textbook about the magical universe she created in the... Continue reading at Crains New York

[ Crains New York | 2013-09-12 00:00:00 UTC ]
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Making News More LIke "Grand Theft Auto"

As a tech reporter at the Los Angeles Times David Sarno found himself frustrated that newspaper stories only engage "one lousy sense," as he puts it. That would be sight. Why couldn't they be as interactive and entertaining as a video game like Grand Theft Auto, where a player can walk around a... Continue reading at Fast Company

[ Fast Company | 2013-08-28 00:00:00 UTC ]
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Where Is Sam?

When ebook sales surpassed hardcover sales for the first time last year, it seemed like just the latest piece of evidence that in the future, all books will be ebooks. But playing the video game Gone Home, an "interactive story" you can download onto your computer, I started to wonder if, in... Continue reading at Slate

[ Slate | 2013-08-22 00:00:00 UTC ]
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Time Warner 4Q earnings up

Time Warner Inc. said Wednesday that net income grew 51% in the last three months of 2012 even as revenue was largely unchanged. Rising fees from cable and satellite companies and higher ad revenue at the TV networks offset revenue declines at its movie studio and magazine businesses.Net income... Continue reading at Crains New York

[ Crains New York | 2013-02-06 00:00:00 UTC ]
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Government plans new copyright exceptions

The government is to introduce exceptions to copyright law that would allow individual users to... Continue reading at The Bookseller

[ The Bookseller | 2012-12-20 00:00:00 UTC ]
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Google Books case tests the limits of copyright law

The Authors Guild is seeking more than $2 billion in damages from Google Books – which may make this one of the most expensive copyright damages cases in litigation history. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-08-08 00:00:00 UTC ]
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Copyright at a Crossroads: William Patry

If there was any question that copyright law in the digital age is reaching a critical point, a coalition of Web sites on January 18 offered a stark reminder. In the largest online protest in Internet history, some 7,000 popular sites went dark or otherwise altered their sites, successfully... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-02-27 00:00:00 UTC ]
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PA welcomes Newzbin2 ruling

Written By: Charlotte Williams Publication Date: Wed, 26/10/2011 - 15:03 The Publishers Association applauded today's high court ruling requiring BT to block filesharing site Newzbin2, the first time a website has been blocked by an internet service provider in the UK under copyright law. The... Continue reading at The Bookseller

[ The Bookseller | 2011-10-26 00:00:00 UTC ]
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Will January 1, 2013, Be Doomsday for Publishers?

As Don Henley told the New York Times, what's at stake is "fairness" and "parity." The Eagles lead singer, who also heads a group called the Recording Artists Coalition, was referring to a revision to copyright law, made in the 1970s, that could drastically affect the ownership of some of the... Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-08-19 00:00:00 UTC ]
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Government backs Hargreaves, rows back on blocking filesharing websites

Written By: Charlotte Williams Publication Date: Wed, 03/08/2011 - 09:35 The Government has largely endorsed the recommendations of the Hargreaves Review, though, according to reports, business secretary Vince Cable has admitted that the website blocking clauses of the Digital Economy Act are... Continue reading at The Bookseller

[ The Bookseller | 2011-08-03 00:00:00 UTC ]
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Fair use copyright law "would create uncertainty"

Written By: Charlotte Williams Publication Date: Thu, 07/04/2011 - 09:06 Introducing an American-style "fair use" exception for intellectual property would result in greater uncertainty for copyright holders, the Society of Authors and Association of Authors Agents have claimed. Both... Continue reading at The Bookseller

[ The Bookseller | 2011-04-07 00:00:00 UTC ]
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