(J. H.)

What’s really in a $200 pair of Beats headphones? According to a teardown by venture capital firm Bolt, about $16.89 worth of parts. They found a device mostly made out of injection-molded plastic, pieces of metal that serve no purpose other than to make the headphones feel heavier than they really are, and a whole lot of glue. [Medium] (via Gizmodo — thanks, Rowell!) UPDATE: These headphones turned out to be counterfeits, but the components of the real ones aren’t worth much more.

RIAA Pockets Filesharing Settlement Money, Doesn't Pay Artists Whose Copyrights Were Infringed

RIAA Pockets Filesharing Settlement Money, Doesn't Pay Artists Whose Copyrights Were Infringed

None of the estimated $400 million that the RIAA received in settlements with Napster, KaZaA, and Bolt over allegations of copyright infringement has gone to the artists whose copyrights were allegedly infringed. Now the artists are considering suing the RIAA.