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Ashcroft announces first FBI raid on file-sharing network

FBI agents searched five homes and an internet service provider Wednesday morning as part of an effort to crack down on peer-to-peer Internet file sharing, Attorney General John Ashcroft said in a press conference later that day.

The raids were conducted in Texas, New York and Wisconsin. The Wisconsin raid took place in Waukesha, the Associated Press reported......

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The recording industry claims that U.S. companies lose $19 billion each year because of file sharing. A study earlier this year by Harvard and University of North Carolina researchers found that file sharing had no effect on 2002 music sales, though the ......

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'"/> By Jason Stitt 08/25/04

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