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Do you actually own anything digital?
(www.theregister.com)
This is a most excellent place for technology news and articles.
It's a very complex answer, but in short, no. You don't own anything.
Even if you buy a CD or record you own the medium and the right to reproduce the content, but you don't own the content itself. Hence why it's illegal to make copies or commercially reproduce content. Same thing with electronic devices. You might own the hardware itself, but design of it is copyrighted and software you only get the permission to use.