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The Lycos/FAST search engine should be promoting opportunities for the many start-up businesses that are pioneering legitimate electronic delivery of music over the Internet. In a statement on their home page, IFPI Director of Operations Mike Edwards said: IFPI members include BMG, EMI, Sony Music, Universal Music International and Warner Music. In March, the International Federation of the Phonographic Industry (IFPI) began legal action against FAST for its role in the MP3 search site. Search for one of your favorite artists, and you may find links to illegal MP3 files. While the site is a great resource for finding MP3 files, it immediately caused concern about illegal MP3 files. The site contains a database of over half a million links to MP3 files. In February, Lycos and FAST launched a search site for MP3 files on the Internet. Fortunately for Diamond and MP3 fans, RIAA lost the suit.
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RIAA also sued Diamond Multimedia in October, attempting to prevent the sale of Diamond's RIO PMP300 portable MP3 player. In December, RIAA announced its Secure Digital Music Initiative (SDMI) to encourage technology companies to create a new specification for on-line music. The Recording Industry Association of America (RIAA) is concerned that MP3 will make it difficult to sell music on-line, as MP3 has no mechanism for preventing illegal copying. That's right-it's even ahead of ``sex'', which is number two. According to, a site that ranks the most frequently used search terms, ``mp3'' is number one. MP3 has received a great deal of attention lately. A four-minute audio track recorded at 44KHz requires about 4MB in MP3 format, while the same audio track recorded in WAV format can occupy over 40MB. MP3 (Motion Picture Experts Group audio layer 3) is an audio file format capable of storing near CD-quality audio in relatively small files (as little as 1/10 the size of comparable WAV files). Knudsen describes this new technology and what it will mean to the listener. It also works with regular cable and satellite television.Is MP3 the wave of the future? Mr. ReplayTV can pause and rewind during live broadcasts, and can be hooked up to a regular VCR to permanently tape the programming. The device can store six to 32 hours of programming for playback, the company says. Users can create "channels" that record programs according to user preference, such as theme or actor. Its ReplayTV product stores television programming on a hard disk drive instead of videotape. Replay, a closely held company in Palo Alto, California, is working on a couch potato's dream device.
The amount, which Replay called "significant," was undisclosed.
Paul Allen likes Replay: Replay Networks, maker of the "smart VCR" device, said on Thursday it scored a high-profile investment from Vulcan Ventures, the venture capital investment vehicle of Microsoft co-founder Paul Allen. Both Mentor and Cadence want Quickturn's expertise to extend their market share in the electronic design markets. Quickturn publishes computer programs that let electrical engineers design and test semiconductor circuits on workstations. Quickturn's board, in a statement released Thursday, said the unsolicited offer could interfere with the company’s definitive agreement with Cadence Design Systems, which also has bid to acquire Quickturn.Įarlier this week, Cadence increased its bid for Quickturn to US$15 a share from $14 to outbid Mentor.