Wednesday, October 24, 2007

The Google Bubble Doomed to Burst?

Could copyright infringements lead to the demise of the media giant?

Google Inc.'s video service faces at least one copyright infringement lawsuit, the company confirmed on Friday, and the Web search leader faces a separate subpoena tied to the service.

Investors are concerned that Google could be financially liable for videos appearing on sites it runs, while the company has said it did not face financial recriminations if it acts quickly to take down copyrighted material once alerted to it.

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