A legal hourglass is draining to the end for MP3.com, which will face trial for potentially huge copyright-infringement damages next week if it can't strike a deal with one remaining record company. [News.com]

A federal judge ruled MP3.com willfully infringed the copyrights of Seagram's Universal Music Group, opening the company to enormous potential damages in one of the first trials to address the legal boundaries of Internet music distribution. [News.com]

A federal judge today found that MP3.com willfully infringed the copyrights of Seagram's Universal Music Group, opening the company to enormous potential damages in one of the first trials to address the legal boundaries of Internet music distribution...

MP3.com is scheduled to face trial Tuesday to determine how many of Universal Music Group's albums the start-up improperly copied for use in its ill-fated online music storage-locker service. [News.com]

When MP3.com first came on the scene, there was a photo on its Web site that industry insiders say may be a fitting icon for the rebel Net music company: Billy Idol giving the recording industry the finger. [News.com]

MP3.com chief executive Michael Robertson took the witness stand today to defend his company against charges of willfully violating record label copyrights to profit from a novel Internet music service. [News.com]

Net music site MP3.com has settled a copyright infringement lawsuit with Sony Music Entertainment, sparking a rally in its stock price. [News.com]

Web music service MP3.com on Wednesday agreed to a preliminary three-year, $30 million licensing agreement with the National Music Publishers' Association's subsidiary, The Harry Fox Agency. [News.com]

MP3.com has settled a copyright infringement suit with a unit of EMI Group, allowing the online music company to resume distribution of songs owned by the record label. [News.com]

The online music company turns to technology services, while the PC maker unveils an MP3 player. [News.com]