Originally published on Tue January 29, 2013 5:32 am
Any day now, you might be able to download Argo, Lincoln and Les Mis for a dime a piece. Microsoft Office could go for a quarter. A song might cost a penny. And it could all be perfectly legal under international law.
As part of a long-running trade dispute, the tiny island nation of Antigua and Barbuda (population: 90,000) won the right to use the intellectual property of U.S. firms — without having to pay any royalties or licensing fees.
At a meeting in Geneva today, the country got the final go ahead from the World Trade Organization.
In the early 2000s, the get-rich-quick scheme of choice for young college dropouts was poker — and not your grandfather's poker, with clinking chips on green felt tables. Online poker. For a few years it was a national obsession for a generation of young men who grew up playing hours and hours of video games.
Many of these players couldn't get into casinos because they were underage, but they used their brains and introductory statistics courses to rake in millions, often playing 10 or more games simultaneously on huge computer monitors.