The Face Book. Seller [Ceglia] has already initiated a site that is designed to offer students of Harvard University access to a wesite [sic] similar to a live functioning yearbook with the working title, ‘The Face Book.’” The most popular social-networking website just hit a major milestone : 500 million users. – Josh Lee. MORE >>

The Internet has devalued content to the point where it is often offered at no charge—newspapers, for instance—or widely misappropriated, as with music and movies. Either way, many people expect much of their content to be free. Evaluated against these metrics, copyright law as applied to content on the Internet falls woefully short. MORE >>

One of the many features touted by Apple is the iPad’s use as an e-book reader. Using any number of available apps, iPad users can download entire books within seconds. With the number of books available for downloading expanding daily, Apple hopes to become the book distributor of the future. Michael S. Quinlan. MORE >>

TV personality and chef, Rachael Ray, recently snagged a victory in an ICANN domain name dispute before a three-person panel administered by the National Arbitration Forum. For those of you for whom “cooking dinner&# means fetching a bowl of cereal or nuking a lean cuisine, Ms. The Family Cookbook (not kidding). government. – Lacey R. MORE >>

Copyright Group , a company owned by intellectual property lawyers whose mission is to “stop movie copyright infringement and make illegal downloaders pay damages for the content they have stolen.&#. Music business executives may have a rising ally in the war on illegal downloading:  the movie business. MORE >>