What's in a Web address? Maybe a lawsuit
Article Abstract:
Morgan Stanley Dean Witter and Co. has filed a lawsuit against 15-year-old Ivan Wong, his brother Ben and father Sau claiming trademark infringement. According to papers filed by the securities firm, the Wongs' mountain bike enthusiast Web site www.msdwonline.com, is too similar to its Internet brokerage's Internet address of www.msdw.com. The Wongs contend Ivan created his Web site and address as a way of promoting mountain biking; Morgan Stanley claims that Sau Wong's company Smart Ideas is in the business of registering investment bank and securities dealers' domain names. Icann, the nonprofit Internet Corporation for Assigned Names and Numbers, wants to establish mandatory arbitration to settle domain name disputes while some in Congress want to strengthen trademark rights when it comes to Internet addresses.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Who holds the deed to stock data? Price quotations generate a debate
Article Abstract:
Congress, market regulators, industry lobbyists, stock exchanges and securities brokers (both on-line and full-service) are concerned over ownership of stock-price quotation data. The New York Stock Exchange and American Stock Exchange sell their combined market data to vendors whereas the Nasdaq market sells its information separately to vendors. The vendors then disseminate the information to the public. Full-service brokers pay different fees for the information than nonprofessional investors. The National Association of Securities Dealers has just passed a one-year pilot program reducing individual's Nasdaq data fees. The push for less-expensive, real-time stock quotation data is very real, but data-revenue losses and more fragmented data may be the results of new regulation.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: 44 stock promoters accused by S.E.C. of Internet fraud. Montgomery chief quits in dispute with Naationsbank parent
- Abstracts: Sunbeam's accounting is examined by SEC. Sunbeam gets six-month waiver on covenants but a higher rate
- Abstracts: Computer age gains respect of economists. A parent's view of the World Wide Web as it reaches adolescence
- Abstracts: Cendant cites wider accounting fraud. Cendant Profit tops forecasts; '97 is restated. American Bankers' shares drop 8.6% on speculation Cendant may back out
- Abstracts: Baan revises profit for first quarter down by 12.5%. SAP's top U.S. official, Wahl, resigns to join TriStrata Security