Just have a read. I'm quite annoyed by the unthinking reaction of the writers involved in this, but of course on the Internet it is easier to react than investigate:
A bizarre thing happened late last week. A bunch of authors, playing Twitter telephone, managed to take down LendInk, a legitimate book lending site. (This "discussion" has spilled over to LendInk's Facebook page.) LendInk, a matchmaking site for Kindle and Nook users to "borrow" each other's titles, somehow found itself on the receiving end of an irate mob, who accused it of piracy and sent (at least according to the threats) several DMCA takedown notices its way.
Of course, the 'borrowing' on this site simply redirects to the perfectly legitimate eBook lending schemes of Amazon and Barnes & Noble, enforced by DRM. From the FAQ:
The actual book loaning process is handled by Amazon.com and Barnes and Noble, not by LendInk.
Other authors have assisted with debunking some of the outrage, but it's always more difficult to overcome 'OMG TEH PIRATES' than it is to break through the noise with reason:
Before the site was taken/knocked offline, any one of these authors could have drawn the same conclusions as these helpful forum contributors, but most seemed to be caught up in the excitement of the hunt. An in-depth post by April Hamilton of the Indie Author blog points out everywhere these authors went wrong and how easily it could have been prevented.
Honestly, if physical libraries had been invented in the 21st Century, they'd never survive the copyright litigation and social media outrage.