File sharing software gem LimeWire, something we know absolutely nothing about whatsoever, is in trouble. See, on May 11, according to Wired, "a federal judge ruled that LimeWire’s users commit a 'substantial amount of copyright infringement' (.pdf) and that the New York company, Lime Group, 'has not taken meaningful steps to mitigate infringement.'" (What? No way. No how.)
Now, in an effort to stay in business, LimeWire wants to "convert its 50 million monthly users into paying music customers, and become a player in the paid music-distribution business." Which: good luck with that.
As of today, an estimated 93 percent of LimeWire's traffic is unauthorized copyright material. Read more about it at Wired.
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