The nation’s largest associations of intellectual property rights owners and advertising agencies yesterday inked a memorandum of understanding (MOU) on the Infringing Website List (IWL) in a bid to protect the intellectual property rights of the nation’s content providers.
The list is a measure adopted by the US, the UK and Hong Kong to block the advertising revenues of piracy sites based on a list of illegal Web sites.
“We believe that the IWL can effectively threaten piracy sites, as advertising is the main revenue contributor for them,” Intellectual Property Office Director-General Sherry Hong (洪淑敏), who oversaw the MOU signing ceremony, told a news conference.
The UK’s IWL program in February reduced the number of digital ads on illegal Web sites by 64 percent from a year earlier, Hong said, citing data from the London Police’s Intellectual Property Crime Unit.
The Taiwan Intellectual Property Alliance, which represents industry associations of record companies, animation studios, publishers, film studios and software developers, would update the IWL and notify the Taipei Association of Advertising Agencies on a monthly basis, alliance representative Robin Lee (李瑞斌) said.
The association would pass the list on to more than 140 domestic and international advertising agencies, suggesting they do not to place ads on the specified sites, association chairman Evan Teng (鄧博文) said.
Deng said the association received the first list that specified 10 Web sites from the alliance last month and transferred it to its members, which control a combined online and offline advertising budget of nearly NT$12 billion (US$399 million) per year.
Hong said Google, which is not an association member, expressed its support for the program and said that it is willing to receive the list as a reference.
The Internet protocol (IP) addresses of piracy sites are mainly located in China and the US, Hong said, adding that the office has been in contact with Chinese authorities over piracy issues in accordance with the Cross-Strait Agreement on Intellectual Property Right Protection and Cooperation.
The office in February signed an intellectual property enforcement MOU with the US and offered Taiwan’s IWL to the nation last month, and is waiting for US authorities to take action against the illegal Web sites, Hong said.
The most popular piracy site in Taiwan for illegally downloading movies is Eyny.com (伊莉討論區), whose IP address routes to the US, Hong said, citing information from the Motion Picture Association of America.
Mercuries Life Insurance Co (三商美邦人壽) shares surged to a seven-month high this week after local media reported that E.Sun Financial Holding Co (玉山金控) had outbid CTBC Financial Holding Co (中信金控) in the financially strained insurer’s ongoing sale process. Shares of the mid-sized life insurer climbed 5.8 percent this week to NT$6.72, extending a nearly 18 percent rally over the past month, as investors bet on the likelihood of an impending takeover. The final round of bidding closed on Thursday, marking a critical step in the 32-year-old insurer’s search for a buyer after years of struggling to meet capital adequacy requirements. Local media reports
TECHNOLOGICAL RIVALRY: The artificial intelligence chip competition among multiple players would likely intensify over the next two years, a Quanta official said Quanta Computer Inc (廣達), which makes servers and laptops on a contract basis, yesterday said its shipments of artificial intelligence (AI) servers powered by Nvidia Corp’s GB300 chips have increased steadily since last month, should surpass those of the GB200 models this quarter. The production of GB300 servers has gone much more smoothly than that of the GB200, with shipments projected to increase sharply next month, Quanta executive vice president Mike Yang (楊麒令) said on the sidelines of a technology forum in Taipei. While orders for GB200 servers gradually decrease, the production transition between the two server models has been
US sports leagues rushed to get in on the multi-billion US dollar bonanza of legalized betting, but the arrest of an National Basketball Association (NBA) coach and player in two sprawling US federal investigations show the potential cost of partnering with the gambling industry. Portland Trail Blazers coach Chauncey Billups, a former Detroit Pistons star and an NBA Hall of Famer, was arrested for his alleged role in rigged illegal poker games that prosecutors say were tied to Mafia crime families. Miami Heat guard Terry Rozier was charged with manipulating his play for the benefit of bettors and former NBA player and
BETTER THAN EXPECTED: The firm’s Q3 results exceeded its projections, based on ‘the underlying strength of our core markets,’ chief financial officer Dave Zinsner said Intel Corp returned to profitability and gave an upbeat revenue forecast after PC demand grew, suggesting that it is making progress on a long and challenging comeback attempt. In the third quarter, revenue rose 3 percent to US$13.7 billion. The Santa Clara, California-based company posted its first quarterly net income since the end of 2023, with earnings per share of US$0.23, excluding some items. Analysts had estimated sales of US$13.2 billion and earnings per share of US$0.01 on average, according to data compiled by Bloomberg. Fourth-quarter sales would be roughly US$13.3 billion, the company said in a statement on Thursday. Intel shares gained about