Firm behind eDonkey to pay &#36;30 million
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The firm behind popular online file-sharing software eDonkey has agreed to pay $30 million to avoid potential copyright infringement lawsuits from the recording industry, according to court documents filed Tuesday.
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North Carolina has signed a &#36;60,000 contract with a company that will analyze standardized test data from public school and search for red flags that may indicate cheating.
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The nation's third-largest operator of kidney-dialysis clinics has agreed to pay the government &#36;350 million to settle allegations it defrauded Medicare.
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Adelphia Communications Corp. has offered $300 million to settle investigations by the Securities and Exchange Commission and the Justice Department, the company said.
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Time Warner Inc. and other  defendants including America Online and Ernst &amp; Young have  agreed to pay &#36;23 million to settle a lawsuit accusing them of  defrauding pension and investment funds in Pennsylvania, the  state&#039;s Attorney General said on Thursday.
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SBC Communications  will pay Microsoft Corp.  at least &#36;400 million over 10 years for technology to help SBC sell video services over its upgraded broadband lines, the companies said Wednesday.
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Blackstone Group issued compensation details for the first time on Monday, disclosing in a filing that its co-founders will receive at least $2.33 billion after part of the firm is taken public.
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MetaMachine, the company behind the popular file sharing software eDonkey, has agreed to pay the Recording Industry Association of America $30 million to settle claims it facilitated mass copyright infringement.
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ALBANY, NY RS Investment Management agreed to pay 30 (m) million dollars to settle allegations it allowed &quot;excessive&quot; market timing in its mutual funds.
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Two companies that manage and market Franklin Templeton mutual funds have agreed to pay a total of &#36;20 million to settle federal regulators' charges that they failed to disclose their use of fund assets to pay brokerages for steering customers to the funds.
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Microsoft, Google, and Yahoo have agreed to pay a total of $31.5 million to resolve claims that they promoted illegal gambling, the U.S. Department of Justice announced Wednesday.Microsoft will pay $21 million, Google will pay $3 million, and Yahoo will pay $7.5 million, the DOJ said in a news release. The three companies neither contest nor admit that they promoted illegal online gambling by running advertisements for gambling Web sites between 1997 and this year.The settlements stem from an investigation into illegal online gambling by U.S. Attorney Catherine Hanaway of the Eastern District of Missouri, the Federal Bureau of Investigation, and the Internal Revenue Service. Hanaway&#39;s office indicted the founder of Betonsports.com, 10 other people, and four companies on charges of racketeering, conspiracy, and fraud in a crackdown on online gambling on June 1, 2006.Hanaway filed a new indictment against Betonsports, three other companies, and 12 people on June 28 of this year.Unregulated online gambling is illegal in the United States, the DOJ said. The three companies were accused of procuring participants via the advertisements they ran for illegal activity. Those actions fall under the U.S. aiding and abetting statute, the agency said.The Microsoft settlement includes a $4.5 million fine and a $7.5 million contribution to the International Center for Missing and Exploited Children. The company also agreed to create a $9 million online advertising campaign, focused on young people, saying that online gambling is illegal under U.S. law. The campaign will run for three years, beginning in early 2008, the DOJ said.Yahoo has paid $3 million to the U.S. government, and it will provide $4.5 million worth of online advertising to a public-service campaign designed to inform users that operators and participants in online or telephone-based sports and casino-type gambling in the United States may be subject to arrest and prosecution.&quot;These sums add to the over $40 million in forfeitures and back taxes this office has already recovered in recent years from operators of these remote-control illegal gambling enterprises,&quot; Hanaway said in a statement. &quot;Honest taxpayers and gambling industry personnel who do follow the law suffer from those who promote illegal online behavior.&quot;Google said, in a statement, that it has cooperated with the investigation. &quot;While we did not admit any wrongdoing, the Department of Justice has advised that online gambling is illegal in the United States and ads to promote it are improper,&quot; the company said. &quot;Google voluntarily discontinued running such ads, which were a very small part of our AdWords business, in April 2004.&quot;Yahoo said it stopped running ads for gambling sites &quot;years ago,&quot; according to a statement. &quot;After the U.S. Attorney&#39;s Office contacted Yahoo with its concerns, we worked cooperatively over several years to reach this settlement,&quot; the company said.Microsoft was preparing a statement Wednesday afternoon.
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A cadre of buyout shops are expected to try to raise a total of &#36;45 billion for new European funds in the next year and a half.
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Former Republican presidential candidate Gary Bauer's campaign has agreed to pay a &#36;31,000 fine to settle a campaign finance case.
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Bertelsmann AG has agreed to pay &#36;50,000 to settle a copyright infringement lawsuit brought by a music publisher over the German media conglomerate's one-time role as investor in the now-defunct Napster Inc. file-sharing service.
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Veritas Software has agreed to pay $30 million to the U.S. Securities and Exchange Commission (SEC) to settle charges that it engaged in fraudulent accounting practices and aided Time Warner's America Online (AOL) in committing fraud.
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Specialty retailer Whitehall Jewellers Inc. has agreed to pay &#36;13 million to settle a lawsuit and a federal investigation into allegations that it had misrepresented its finances, according to a company filing with the Securities and Exchange Commission.
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Procter &amp; Gamble chief executive AG Lafley received a compensation package valued at $26.1 million in P&amp;G&#39;s last fiscal year, up 36 percent from a year ago, the company reported Friday.