| Business News |
NBC Universal, partners to buy Weather Channel
(Reuters)
 Reuters - NBC Universal and private equity
firms Bain Capital and Blackstone Group said on Sunday they
agreed to buy The Weather Channel from Landmark Communications.
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Coca-Cola agrees to $137.5 mln settlement in case
(Reuters)
 Reuters - Coca-Cola Co agreed to pay
$137.5 million to settle a shareholder lawsuit that claimed the
world's largest soft drink maker artificially inflated sales to
boost its stock price, according to court documents.
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BP's rivals shift in Russian tussle
(Reuters)
 Reuters - The fate of the second biggest foreign
investment in Russia hangs in the balance amid signs of a
shifting mood in the Kremlin which may have wrong-footed
investors and one of the world's biggest oil companies.
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Toyota to add solar panels to Prius hybrid: Nikkei
(Reuters)
 Reuters - Toyota Motor Corp (7203.T) plans to
install solar panels on its next-generation Prius hybrid cars,
becoming the first major automaker to use solar power for a
vehicle, the Nikkei business daily reported on Monday.
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Is capitulation on the cards?
(Reuters)
 Reuters - Profit warnings, breaches of key index
levels, record oil prices, stressed consumers and investors
seeking safety provide the background for markets this week,
and many people are wondering how long this will all last.
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China premier: Continue inflation fight
(AP)
AP - China's premier called for continued vigilance against inflation that has reached 12-year highs, saying the government should ensure that price increases are "acceptable," a state-run news agency reported Sunday.
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| FBI probes counterfeit China computer parts - 10, May 2008 |
By David Morgan
WASHINGTON (Reuters) - The FBI on Friday said an investigation into the sale of counterfeit Chinese computer components to the U.S. government has recovered about 3,500 bogus devices with a retail value of $3.5 million.
The criminal probe, code-named Operation Cisco Raider, came amid concerns that counterfeit network components could enable hackers to access secure U.S. government databases, according to sources with knowledge of the investigation.
But one U.S. official, who spoke on condition of anonymity, said the components discovered by the FBI are not believed to have made government computer systems more vulnerable.
The existence of the operation came to light after an FBI slide presentation on the probe's findings showed up on the Web site www.abovetopsecret.com. The FBI made the presentation on January 11 to another government agency.
"This unclassified briefing was never intended for broad distribution or posting to the Internet," James Finch, assistant director of the FBI's Cyber Division, said in a statement released by the bureau on Friday.
Operation Cisco Raider involved 15 investigations at nine FBI field offices and the execution of 39 search warrants, the bureau said.
Components included pirated versions of Cisco Systems Inc routers as well as switches, interface converters and wide area network interface cards.
Some counterfeit products also went to defense contractors and other private-sector buyers.
(c) 2008 Reuters
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| Other news from Technology category: |
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BOSTON, Massachusetts (Reuters) - From online courses to kid-friendly laptops and virtual teachers, technology is spreading in America's classrooms, reducing the need for textbooks, notepads, paper and in some cases even the schools themselves.
More
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SEOUL (Reuters) - These days when customers walk into electronics stores, the first question they ask is how much electricity the fridge, washing machine or laptop computer they are contemplating buying consumes.
More
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TOKYO (Reuters) - Japanese private broadcaster TV Asahi Corp aims to ally with an information technology and telecoms firm by the end of the year and is open to a capital tie-up, its president said.
More
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SEOUL (Reuters) - South Korean flat screen maker LG Display Co and two smaller Taiwanese rivals are set to post profits for the second quarter that more than trebled thanks to strong demand for TVs and tight supplies of PC panels.
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NEW YORK/SAN FRANCISCO (Reuters) - A U.S. judge's order to Google Inc to turn over YouTube user data to Viacom Inc sparked an outcry on Thursday from privacy advocates in the midst of a legal showdown over video piracy.
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NEW YORK (Reuters) - The deteriorating U.S. economy and slumping stock prices will frame discussions among top media and technology executives at the 26th annual Allen & Co confab in Sun Valley, Idaho, next week.
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SAN FRANCISCO (Reuters) - Just how many "brains" does your personal computer need, anyway?
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LOS ANGELES (Reuters) - If "American Idol" and a modern fairy tale combined to create a video game, you'd get "Boogie SuperStar" -- Electronic Art's latest game for the Nintendo Wii system.
More
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LONDON (Reuters) - British computer games retailer Game Group smashed first-half profit forecasts, boosted by new releases like Grand Theft Auto IV and Wii Fit, but its shares slumped on concern that demand has peaked.
More
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WASHINGTON (Reuters) - The U.S. Air Force is sending its top-of-the-line F-22 Raptor fighter jet across the Atlantic for the first time, showcasing its capabilities even as it remains off limits for export and its production line is threatened at home.
More
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| Software News |
'Containers' Out Perform Virtualization For KV Pharmaceuticals
(TechWeb)
TechWeb - InformationWeek - With a container approach from Parallels' Virtuozzo, memory consumption and processor overhead are reduced through the use of one operating system per host.
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Nokia 6220 Smartphone Released
(TechWeb)
TechWeb - InformationWeek - The Nokia 6220 classic design includes 3G connectivity, compatibility with Microsoft Office applications, Bluetooth capabilities, and a 5-megapixel camera.
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Microsoft Hopes Office Subscription Plan Will Counter Free Software
(TechWeb)
TechWeb - InformationWeek - Microsoft is counting on Equipt's convenience factor to help it fend off threats from Google, IBM, and others that are offering free desktop productivity suites.
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Three Startups To Solve SaaS Integration Problems
(TechWeb)
TechWeb - InformationWeek - Boomi, SnapLogic, and Cast Iron are rolling out new offerings designed to help companies integrate software running in the cloud with onsite software.
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Blogger Opinion: Why We Left NetSuite
(NewsFactor)
NewsFactor - I first met our solution provider, Ray Tetlow, the founder of Skyytek, on the Oracle Small Business (OSB from now on) user forum. At the time we were struggling with version 7 of OSB. It was really incomplete and badly tested software. Not only was it painfully slow, but also a lot of the features on which we based our purchasing decision just did not work.
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Krugle enhances code search appliance
(InfoWorld)
InfoWorld - Krugle plans to ship next week an upgrade to its search appliance for enterprise software development projects, which makes it easier for teams of developers to maintain code.
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