Alleged Spyware Company Intermix Media settles Charges for US$7.5 Million
Intermix Media reached a settlement with New York Attorney General Eliot Spitzer to settle charges it bundled spyware with its free programs.
It agreed to pay the state of New York US$7.5 million over the next three years and to permanently refrain from distributing adware, redirect applications and toolbar programs. Intermix shares rose considerably after the announcement of the settlement.
Finally - someone held accountable! Hopefully this will be a trend and this will be seen as a landmark ruling.
Criminal charges against the individuals at Intermix responsible would be a good idea too. Of course those who are responsible may no longer be with the company - or so Intermix claimed.
It agreed to pay the state of New York US$7.5 million over the next three years and to permanently refrain from distributing adware, redirect applications and toolbar programs. Intermix shares rose considerably after the announcement of the settlement.
Finally - someone held accountable! Hopefully this will be a trend and this will be seen as a landmark ruling.
Criminal charges against the individuals at Intermix responsible would be a good idea too. Of course those who are responsible may no longer be with the company - or so Intermix claimed.
posted by Ted Demopoulos at 11:06 PM
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