20th > January > 2005 Archive

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P2P hub operators plead guilty

Two P2P users in the United States have pleaded guilty to distributing copyright material and face five years' jail and a fine of up to $250,000.
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Global 3G boost for Qualcomm

The global roll-out of 3G networks continues to boost Qualcomm's bottom line. The San Diego company closed its first quarter of fiscal year 2005 with a net income of $513m on earnings of $1.39bn.
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eBay meets target, splits stock but price tumbles

Despite coming in the results predicted, eBay stock fell 11 per cent yesterday.

Seagate hints at job cuts despite 'strong' quarter

Hard-drive maker Seagate made big gains in sales and earnings during its most recently completed quarter, Q2 FY2005, the company reported this week.
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Nominet finding it hard to replace Willie

UK registry Nominet is to re-advertise the post of chairman this week after an initial recruitment drive turned up no suitable replacements for Internet legend Willie Black, who left officially on 8 December.
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Sony slashes FY2005 profit forecast

Sony today cut its annual income forecast by over 30 per cent, claiming price erosion in key consumer electronics product categories will hit margins hard.
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Motorola reports record quarter

Motorola heralded record sales yersterday when it published the results for the fourth quarter of fiscal 2004.
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Symantec posts strong quarter

Symantec yesterday posted bumper earnings on the back of recent viral epidemics that have boosted demand for its security software and services. For the quarter ending 31 December 2004 (Q3 2005), Symantec posted revenue of $695m, up 41 per cent from $494m in the same quarter last year. Net income for Q3 2005 was $164m, compared to $111m in Q3 2004.
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MS launches Outlook email subscriptions

Microsoft has launched a subscription version of Outlook that will connect to Hotmail or MSN accounts. For $59 a year (£39.99 in the UK), subscribers get a copy of Outlook 2003 for Subscription Services, 2GB of online storage and the ability to send messages with attachments of up to 20MB.
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Carphone crackdown on phone insurance scam

Exclusive The CarphoneWarehouse (CPW) is working with Trading Standards to crackdown on "rogue" companies pestering its customers with offers of cheap mobile phone insurance.
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Mosaid sues Hynix

Memory technology company Mosaid has initiated legal proceedings against Hynix, alleging the South Korean DRAM maker has violated six of its US patents.
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Mobile open-standards group recruits key players

Mobile phone operating system developers PalmSource and Symbian yesterday both threw their weight behind the Open Mobile Terminal Platform (OMTP), an organisation pushing for open standards in the handset and PDA markets.

Morse: UK sales under pressure

Trading in the UK remains "challenging and competitive", Morse says. Shares fell 10 per cent yesterday on a Q2 sales update, in which the mid-range reseller revealed that hardware revenues and margins were under fire.
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Ofcom probes Gio over complaints failure

Ofcom is launching an investigation in to Gio Internet, over the troubled ISP's failure to operate a satisfactory complaints process for peeved punters.

Variety the spice of life at CeBIT 2005

"Get the spirit of tomorrow" is the slogan CeBIT has picked for this year’s show, to be held between 10 - 16 March in Hanover, Germany. Some 500,000 people are expected to visit Europe’s biggest ICT trade fair.
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Creative loses first battle in Apple 'war'

MP3 player maker Creative Technology failed to outsell Apple's iPod during the holiday sales season, it emerged today when the company published its financial results for the period.
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Webcam Trojan suspect arrested in Spain

A man suspected of writing a Trojan horse to steal confidential banking information from net users has been arrested in Madrid by Spanish police. The 37 year-old suspect (known only by his initials J.A.S.) is alleged to have used P2P networks to distribute an unnamed Trojan, which allowed him to activate webcams and snoop on users as well as nicking sensitive data.
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'EA leak' yields late 2005 Xbox 2 ship date

Microsoft's next-generation Xbox console, whether it will be dubbed 'Xbox 2' or 'Xbox Next', is going to ship late 2005, according to reports citing a press released that is alleged to have leaked out of games publishing giant Electronic Arts.
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Nokia 'completely committed' to N-Gage

Nokia has denied online reports that the mobile phone giant is about to can its N-Gage handheld console.
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T-Mobile axes 2,200 jobs

T-Mobile is axing 2,200 jobs - one in ten of its European workforce in a massive cost-cutting exercise to save €1bn (£693m) a year.
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Beer fights cancer: official

Scientists at Okayama University in Japan have rather agreeably discovered that unidentified compounds in lager and stout may help to prevent DNA damage leading to cancer.
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Email app outfit FamilyMail has released an idiot-proof email program which is "specifically designed for parents who do not use email and are concerned about computer security".
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Music sites charged with 'enslaving' users

Online music services such as iTunes may be growing in popularity but they're also a source of frustration for many music fans. That's according to the results of a new study which has criticised such services for trying to enslave internet users by locking them in to proprietary formats and music players.
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Bertelsmann makes first Napster settlement

Bertelsmann has made its first settlement in the long-running Napster copyright infringement saga, the NY Times reports.
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Euro Apple fans moan over Mac Mini pricing

Opinion European Mac users are petitioning Apple to eliminate what they claim is its "rip-off" Mac Mini pricing.
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Hynix infringed 50 Rambus patent claims - judge

The US District Court of Northern California has rejected all but one of six requests for summary judgements made by Hynix in its long-running legal dispute with Rambus.
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iRiver H10 5GB MP3 player

Review The 5GB hard drive market is awash with players all vying to be the top dog, so what makes iRiver's H10 stand out from the crowd? asks Stuart Miles.
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LG sniffing round Siemens mobile phone biz

South Korean firm LG Electronics is in the frame to buy Siemens' loss-making handset business, according to German business magazine WirtschaftsWoche, by way of newswire AFP.
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UK.gov urged to lead fight on e-crime

The UK government has been urged to take the lead in fighting cybercrime. Parliamentary lobby group EURIM and think tank The Institute for Public Policy Research (IPPR) said yesterday that the UK has an historic opportunity to spearhead the international fight against cybercrime whose economic effects "already far outstripped that of physical crime".
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The race is on for ownership of .net

The deadline has closed and there are officially five companies bidding to take over the Internet's third-biggest registry - .net.
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MCI nabs NetSec for $105m

MCI is to buy managed security services firm NetSec for $105m in cash. The acquisition will enable MCI to offer advanced security services to large companies and government customers a year quicker than would otherwise be possible, it says. The transaction should close within 30 days.
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Satellite snaps huge, penguin-killing iceberg

An iceberg the size of Long Island is smashing into the continent of Antarctica. Caught by both the Terra and Aqua satellites heading straight for the Drygalski Tongue (the floating extension of the Drygalski Glacier), the iceberg looked set for a head-on collision. But at the last minute, just two and a half miles from the glacial tongue, it stopped, most likely grounded on a sandbank.
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Hand over the code, judge tells IBM

The SCO Group has secured a legal victory over IBM with a judge ordering IBM to reveal all of its versions of AIX and Dynix and documentation of any changes made to the software.
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The aftermath of a domain name hijack

The industry needs to find a way to establish stronger trust in registrars if it is to avoid a repeat of last weekend's hijacking of the Panix.com domain name, says Alexis Rosen, Panix president.
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Journalists must reveal their sources (if Apple asks)

Letters Mac sleuth Nick de Plume has won big name legal backing in his fight against Apple, with storied attorney Terry Gross coming to his defense.