Free Republic

In the largest award of its kind in the US, ousted InfoSpace chief Naveen Jain has been ordered to pay $247 million to the company that he founded as penalty for violating laws against "short swing trading". The order by a federal judge is a body blow for a man who took his Seattle-based Internet company to great heights in a space of four years before it crashed like most of its peers during the dotcom bust. The company board fired Jain last December. But Jain, who went ahead and founded Intelius after the ouster, is not giving up just...

Pay up, or you're blocked: Indian ISPs tell US megasites By Andrew Orlowski in London Posted: 07/30/2002 at 10:48 EST America's biggest content providers could face a toll to enter India cyberspace, if plans mooted by the Indian ISP trade association bear fruit. Although the Internet Service Providers Association of India is split on the issue, several of the larger ISPs want to block access to eBay, MSN or Yahoo! unless the prociders pay a toll. "In order to increase revenue streams …we should ask [the portals] to pay if they want traffic on their sites from India," reports the...