As an observer of the IT and Internet industries for several decades, I watch with great amusement as new buzzwords surface for old concepts. Not too long ago, the term "cloud computing" appeared on the scene. The technology concept behind cloud computing has been around for more than 50 years, and the legal issues are equally old. Connecting to computers remotely (think connecting to a mainframe over telephone lines) has been around since at least 1964, but the current marketing buzz about cloud computing might make you think it's something new. It's just not true.
Attribution: CNET, ECTNews and TechCrunch.