Monday, March 24, 2008

5fad expects to lose MP3 case against Baidu

This is a Chinese company, so nationalist
favoritism isn't at work.

The ruling is expected in May. The second
hearing was on March 2nd. Mr. Wu Duanping,
CEO of 5fad.com, expects the ruling to
be unfavorable for his company. 5fad will
try to sue Baidu in the US, though it is
unclear why US courts would be involved in
a case involving two Chinese companies
registered outside America. Neither does
business here. The only link is that Baidu
is listed on Nasdaq.

5fad press release

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