China enacts Internet copyright regulation
Internet pirates will face fines of up to $12,500 (100,000 renminbi) for unauthorized use of copyrighted material on the Internet under a new Chinese regulation. From July 1, uploading or downloading copyrighted material from the Internet requires the copyright holder’s permission, the state-run Xinhua News Agency reported Monday. Using, producing, or importing devices capable of evading copyright protection is also banned under the regulation. Full Story