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NEWS BRIEF: Facebook Ups IPO, Digital Music News’ Court Battle, UMG UP 9%, PirateBay Attack & More

Facebook Revises S-1 Again: Adds 83,818,263 Shares Of Class A Stock, Could Raise $16B (TechCrunch) In the case of Grooveshark vs. Digital Music News, the judge failed to quash the. Continue reading [https://www.hypebot.com/hypebot/2012/05/news-brief-3.html]

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Facebook Revises S-1 Again: Adds 83,818,263 Shares Of Class A Stock, Could Raise $16B (TechCrunch)

  • In the case of Grooveshark vs. Digital Music News, the judge failed to quash the subpoena in LA Superior Court yesterday. DMN publisher Paul Resnikoff tell's Hypebot that it's a setback, hints he'll fight on. More as the story develops.
  • UMG Q1 revenue up 9.1% as Vivendi profits exceed expectations. (Music Week)

MORE:

  • Pirate Bay Under Major DDoS Attack From Unknown Enemy Over Last 25 Hours (TorrentFreak)
  • Thefuture.fm brings its DJ mix platform to the iPhone (GigAOm)
  • Thanks to online pr tool StoryAmp for including Hypebot in their fune Music Tech trading card series on Pinterest.
  • NARM's digitalmusic.org, will help aspiring entrepreneurs launch their own music companies by bringing its Music Start Up Academy sessions to Los Angeles on Thursday, June 7, from 12:45-6 p.m. at The Grammy Museum.