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Napster Execs Resign, Company Appears to Teeter

renard writes: "The NYT is reporting that five top executives at Napster, including founder Shawn Fanning and CEO Konrad Hilbers, resigned yesterday. This occurs in the wake of their Board's rejection of the latest buyout offer from Bertelsmann AG - as Hilbers says, `I am convinced that not pursuing the offer is a mistake.' Could this be the end for the upstart MP3 indexing service that changed everything?"

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