RNWK - told you about this one yesterday when I picked up at 126 7/8...looks like terrific news just out with injunction agnst Streambox:
Tuesday December 28, 4:18 am Eastern Time
RealNetworks gets restraining order on Streambox
NEW YORK, Dec 28 (Reuters) - Streambox Inc., a closely held Internet startup, said it must temporarily halt the development, production and sale of certain products due to a restraining order arising from a suit filed against the company by Web software company RealNetworks Inc. (NasdaqNM:RNWK - news).
Redmond, Wash.-based Streambox, an Internet audio and video company, said RealNetworks is alleging that three Streambox products have caused ``irreparable harm' to Seattle-based RealNetworks.
The restraining order was issued by U.S. District Court in Seattle pending a full hearing on Jan. 7, Streambox said.
``The issues are about file format, content and consumer rights, and business models,' Streambox Chief Executive Robert Hildeman said in a statement.
RealNetworks, which makes RealPlayer music software, also is alleging copyright infringement, Streambox said.
Briefing.Com: 05:44 ET RealNetworks Inc (RNWK) 129 9/16 : RealNetworks, the audio and video transmit and play back software group, is to sue internet start up Streambox alleging that it has infringed its copyright the WSJ interactive reports. |
