Sharman Networks drops libel suit against P2Pnet

Sharman Networks (the company behind Kazaa) has withdrawn from a libel suit against the P2P news site P2PNet. Previously, Sharman had joined with Kazaa CEO Nikki Hemming in a libel suit over P2PNet's publication of a user-comment saying nasty things about Hemming's compensation package. Sharman's -- unexplained -- withdrawal leaves Hemming alone in her suit.

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(Thanks, Jon!)