Tuesday, May 14, 2002

Last Rites for Napster, today, CEO Konrad Hilbers announced his resignation. Shortly there after, Napster's approximately 70 remaining employees were offered two unappealing options: Quit now and receive severance pay, or take one week of unpaid leave, hoping somebody will revive the once powerful file-trading company. And so closes one of the most significant chapters in Internet history!!!

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