Limewire has been shut down by the government.

Submitted by multiple users

The RIAA has successfully sued Limewire for lots and lots of money.

Submitted by Meeze

Just a heads up to all of you savvy computer users, data breaches are common with file-sharing programs, allowing inadvertent access to all of a user's computer files with the application's default settings. Recently, this happened to Supreme Court Justice Stephen Breyer (oops). Buying an album won't give you these problems. Well, most of the time.
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According to a recent report: 70% of tweens (ages 9 to 14) are downloading music: 49% use iTunes, 26% use LimeWire and 16% use MySpace.

Lime Wire will be opening a digital download store.

Despite being sued by the RIAA, LimeWire is refusing to cave in and "is prepared for a long fight."

Submitted by GQMike

Limewire has countersued the RIAA.

A coalition of major recording companies have sued Limewire for copyright infringement on the basis that the program encourages users to trade unauthorized music.