U.S. District Judge Stephen V. Wilson has given record companies and movie studios the go-ahead to sue Sharman Networks Ltd., the parent company of Kazaa, a popular online file-swapping service. Wilson refused to dismiss a copyright infringement against the company because it has substantial business dealing in California and its actions are alleged to contribute [...]

Jeffrey M. Kalina, a former member of the finance department of Homestore Inc., has agreed to plead guilty to securities fraud. He also agreed to assist investigators in their probe into Homestore’s accounting and its deals with AOL Time Warner and Cendant Corporation, the travel and real estate services company, according to people involved in [...]