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| Google Opens Doors To Virtual Library | |
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| Tweet Topic Started: Nov 3 2005, 06:05 PM (314 Views) | |
| abuturab82 | Nov 3 2005, 06:05 PM Post #1 |
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Google opens doors to virtual library By Bambi Francisco, MarketWatch Last Update: 12:02 PM ET Nov. 3, 2005 Disable MW live quotes | E-mail it | Print | Alert | Reprint | http://www.marketwatch.com/news/story.asp?...D&siteid=google SAN FRANCISCO (MarketWatch) -- Farewell to the card catalog. EARNINGSWATCH Oracle tops late trading after executive resigns Pepco quarterly earnings rise 53.2%; revenue surges ZipRealty quarterly profit rises; rev grows 61% Isle of Capri sees quarterly loss 3c-7c from Katrina, Rita TRADING CENTER TRACK THESE TOPICS My Portfolio Alerts Company: Google Inc Add Create Get breaking news sent directly to your in-box Create a Portfolio | Create an Alert Google Inc. marked an important step in the history of recorded information Thursday by opening up the first virtual library on the Web. Google (GOOG: google inc cl a News, chart, profile Last: 385.95+6.27+1.65% 5:45pm 11/03/2005 Add to portfolio Analyst Create alert Insider Discuss Financials More GOOG GOOG385.95, +6.27, +1.7%) said it's making available the first large collection of public books via Google Print. The books range from U.S. Civil War history texts to government documents. The digitized books are not subject to copyright laws because they were never bound by these laws or copyright law has expired. All books published prior to 1923 are considered to be in the public domain. Google has been working with partner libraries at the University of Michigan; Stanford, Harvard and Oxford universities; plus the New York Public Library since announcing last fall that it planned to digitize the world's libraries. 'It's no surprise that this idea makes some publishers nervous, even though they can easily remove their books from the program at any time.' David Drummond, Google But since that dramatic revelation the Google Print project has come under scrutiny from publishers who have argued it would infringe copyright law. The Association of American Publishers and the Authors' Guild have filed separate lawsuits against Google. Google has contended that it has a legal right to scan the books under the fair-use clause of the Copyright Act. For books bound by copyright law, Google only provides "snippets" unless a publisher or copyright holder provides express permission to show more. On Oct. 19, David Drummond, a Google vice president and general counsel, outlined the company's stance in an e-mail: "It's no surprise that this idea makes some publishers nervous, even though they can easily remove their books from the program at any time," he wrote. "The history of technology is replete with advances that first met wide opposition, later found wide acceptance, and finally were widely regarded as having been inevitable all along. "In 1982, for instance, the president of the Motion Picture Association of America famously told a Congressional panel that 'the VCR is to the American film producer and the American public as the Boston Strangler is to the woman home alone.' But Sony, makers of the original Betamax, stood its ground, the Supreme Court ruled that copying a TV show to watch it later was legal, and today videotapes and DVDs produce the lion's share of the film industry's revenue." |
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2:08 PM Jul 11