MMP2P Technologies (http://www.mp2p.net/) announced today that it has been served with a lawsuit from what remains of the four major record labels. The lawsuit, WARNER MUSIC SPAIN S.A., UNIVERSAL MUSIC SPAIN, S.A., EMI MUSIC SPAIN, S.A., SONY BMG MUSIC ENTERTAINMENT, S.A., PRODUCTORES DE MUSICA EN ESPANA (PROMUSICAE) v. PABLO SOTO BRAVO, OPTISOFT, S.L., PIOLET NETWORKS, S.L., MP2P TECHNOLOGIES, S.A. (filed in Madrid Court for Commercial Matters # 2807910001898), seeks $20mm in alleged damages from the technology upstart.

Comcast Corporation and Pando Networks, Inc. announced they will lead an industry-wide effort to create a “P2P Bill of Rights and Responsibilities” (BRR) for peer-to-peer (P2P) users and Internet Service Providers (ISPs).

Four customers had been disconnected after they supposedly ignored the several cease an desist P2P warnings after the British broadband provider Tiscali's ruled the system put into practice last summer  together with th  BPI. Because Tiscali and the BPI didn’t have the same opinion regarding how the costs should be distributed, the deal finally fell to pieces.

A new warning signal regarding the PC security appeared after Gregory Kopiloff from Seattle received 51 months of prison for committing identity theft through the LimeWire peer-to-peer networks.

Cisco Networks and Panorama Capital contributed to GridNetworks P2P start-up $9.5 million series A round of funding. GridNetworks  has taken a hybrid approach to delivering high-definition movies and TV shows over the Internet.

It uses both peer-to-peer technology, which leverages content distributed on users' computers all over the Internet as well as content delivery technology, which essentially caches and stores content in server farms throughout the Internet so it can be served up more quickly to geographically close clients.