2nd > February > 2005 Archive
Google tops $1bn
Google earned $1bn revenues in a quarter for the first time, the company announced today. The web giant grossed $1.032bn, up from the $805.8m it grossed in the quarter ending September 30, and double that grossed a year ago. Net income, calculated on a GAAP basis, was $204m, which included a $60m write-down for stock compensation. Traffic acquisition costs for the quarter were $378m, or 77 per cent of network revenues. Revenues from Google's ad brokerage now account for almost half of its income.
Sun product discovered away from product launch
A couple of years back, Sun Microsystems decided to start holding quarterly product launch events. It figured this system provided the best way to show what $500m - Sun's quarterly research and development spend - could do. The format typically has Sun dish out a flood of product news designed to overwhelm customers, analysts and media hacks.
Adware-infected PCs net slimeware firms $3 a pop
Adware infections net the purveyors of slimeware software around $3 a year for each infected PC, according to estimates from anti-spyware firm Webroot Software. Using this figure and stats from its own malware auditing services, Webroot guesstimates the illicit advertising market underpinned by adware infection of home and business PCs could be worth up to $1.6bn a year.
EMC whistleblower says Symmetrix coverup caused nervous breakdown
EMC allegedly tried to withhold information about faults in its Symmetrix storage systems from customers in the hopes of avoiding millions in replacement charges, according to a lawsuit from an EMC employee.
TSG buys Leeds reseller
Technology Services Group (TSG) has bought another accountancy software dealer, this time in Leeds.
Simply Computers changes name
Simply Computers, hit by huge redundancies last week, is rebranding as "Misco Consumer". Simply customers are unaffected by the name change. with warranties honoured, as before.
Midwich signs up Elonex
Midwich has set up a home entertainment division, bringing media centre PCs and home AV products under one roof.
UMC Q4 income plummets on inventory adjustments
UMC, the world's second largest chip foundry, saw its income plunge almost 88 per cent sequentially during its most recently completed quarter, the company said today.
MS licenses analog anti-rip technology
CD copy-protection specialist Macrovision is to work with Microsoft to ensure their respective DRM and anti-rip technologies are interoperable, the two companies said this week.
Bumper Q4 takes Borland into profit
Borland brought in revenues of $82.5m in the quarter ending 31 December, up 11 per cent on the $74m in the same period in 2003. A Q4 profit of $8m looked distinctly healthier than a loss of $5.7m a year earlier.
SBC to axe 13,000 jobs in AT&T merger
US telecoms giant SBC is to axe 13,000 workers in its $16bn (£8.5bn) acquisition of former parent AT&T.
Mobile telcos pressure fixed-line rivals
The number of global mobile phone subscribers will reach nearly two billion by the end of 2005, although most voice calls will still be made by landline, according to a new telecom trends forecast issued by Deloitte's Technology, Media and Telecommunications (TMT) Group.
Dell ships (almost) unleaded desktop
Dell this week announced what it believes are greener desktop PCs based on an "environmentally friendly" design that reduces energy consumption and cuts the amount of lead used in their construction.
Windows authentication: reasonable and gentle
AnalysisMicrosoft recently announced its latest ploy to extort more money from the public and further strengthen their software monopoly: they want to make you pay for a legal copy of Windows before you get any OS add-on features or updates. To make matters worse, they are even extending this restriction to security updates, potentially placing millions of software pirates and their families at risk. At least that's the way that some people see it.
Dell touts smart card disk crypto for laptops
Dell yesterday updated its business-oriented notebook family with a smart card-based security sub-system designed to protect corporate data in case of loss or theft.
Small.biz demands scam protection
The Federation of Small Businesses (FSB) is calling on ministers to furnish small firms with safeguards from dishonest scams. It says the government's plans to protect consumers from shady dealers should extend to small businesses, otherwise they will continue to fall foul of the criminals.
Revenue waives late filing penalty, for some
The Inland Revenue will waive its £100 late filing penalty for some people who were unable to complete their self assessment forms online by the 31 January deadline.
Ebbers fortune at risk as share prices slid
Bernie Ebbers used his substantial number of shares in telecoms giant WorldCom to guarantee a $400m (£212m) personal loan from Bank of America, a US court heard yesterday.
How to stay in touch - even when you're dead
An inventor from Osnabruck, Germany, has released a mobile phone for the deceased. The idea is that once your loved one is six feet under, you will still be able to talk to them, even if the conversation might be a little one-sided.
US hit for $548m in fraud losses
Identity theft topped the list of complaints received by the US Federal Trade Commission for the fifth successive year, accounting for 39 per cent of consumer fraud complaints filed with the agency last year. Credit card fraud was the most common form of reported ID theft (28 per cent), followed by phone or utilities fraud (19 per cent), bank fraud (18 per cent), and employment fraud (13 per cent).
UK Online unveils 2Mb service
UK Online, a division of Easynet, has launched a 2Mb service. The Broadband 2000 package costs £29.99 a month and comes with a free modem and connection. Oh, and there are no usage limits either, apparently.
Police cuff US student keystroke logger
A Houston High School student faces a fine possible $2,000 fine or 180 days' jail after admitting rigging a keystoke logger to a teacher's PC and using it to download exams, Houston's Local 2 reports.
Swift observatory sends back stunning test shot
The final instrument on board Swift, the satellite launched in November last year to hunt for gamma-ray bursts, has been switched on, and the space lab is now fully operational. The ultra-violet optical telescope (UVOT) has sent its first picture back to Earth, and is poised to snap its first gamma-ray burst.
Mobile-using drivers 'age 50 years'
University of Utah researchers claim that a 20-year-old blabbing on a mobile phone while driving has the reaction times of a 70-year-old, AP reports. And it doesn't matter if you're chatting hands-free, because "any activity requiring a driver to actively be part of a conversation likely will impair driving abilities," said principal study author professor David Strayer.
BT clobbered in Ofcom probe
Energis could be looking forward to a six-figure repayment from BT following a draft ruling today by Ofcom. The communications regulator was forced to intervene in a row between the two companies last October concerning allegations that BT had overcharged Energis for wholesale business ISDN2 Line Rental (WLR ISDN2) between November 2003 and October 2004.
MS downplays SP2 vuln risk
Microsoft is downplaying the significance of research that suggests support for revamped memory protection in Win XP SP2 will fail to block a common type of security attack. Alexander Anisimov of Russian security firm Positive Technologies last week published a paper explaining how the data execution protection (DEP) and heap overflow protection features that debuted in Windows XP SP2 can be bypassed.
Heise.de under DDoS attack
German tech publication Heise.de has been targeted by a persistent and determined denial of service attack, it says. The origin of the attack is unknown so far, and Heise's publishing house is offering a €10,000 reward for information leading to the arrest of the attacker.
SunnComm fixes 'Shift Key' embarrassment
SunnComm has at last fixed its most infamous flaw - the Shift Key break to its DRM (digital rights management) technology.
Root kit surfaces after Jabber attack
The Jabber Software Foundation (JSF) - the open source instant messaging organisation - has advised developers to check their code, after discovering that a hack attack against its website was more serious than first suspected.
Symbian updates OS, toolchain
Symbian has updated its smart phone operating system to version 9, adding DRM and support for new screens and storage devices. The company has also updated its toolchain, and Nokia today announced a new version of CodeWarrior for Symbian, version 3.0, that supports the updates.