Pirates Hit With $15 Million in Damages For Stealing Research Papers

Dutch academic publisher Elsevier has been awarded $15 million in damages in a suit against Sci-Hub and LibGen, two portals that make academic research available online for free. The judgment was made in a New York district court and came by default, since the defendants have chosen not to engage with the legal process. One of those defendants, Sci-Hub founder Alexandra Elbakyan, has told the piracy-news site TorrentFreak that there is no money to pay the judgment, and that she still has no intention of complying with a 2015 court order to take Sci-Hub offline. While several of its domain names have been seized, she says the site will remain… Read More

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Costco Stock Suffers Massive Slide after Amazon-Whole Foods Deal

It’s a bad time to be in the grocery business, or anywhere near it. That, at least, was the message markets sent Costco this week, as the bulk retailer’s stock took a vertiginous 12.7% drop in the week leading up to Friday’s close. The hammering began after the Friday, June 16th announcement that online retailer Amazon would acquire the high-end grocery chain Whole Foods. According to research by MarketWatch, it’s the stock’s worst six-day loss since November 19th, 2008, near the peak of the Great Recession. Get Data Sheet, Fortune’s technology newsletter. The Amazon-Whole Foods deal has thrown the entire grocery sector, as well as food producers and even pharmacies,… Read More

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