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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.
Is capitulation on the cards? (Reuters)

A New York City cab driver fills his taxi up with gas at a Hess station in New York July 2, 2008. (Shannon Stapleton/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.


Postbank sale may fail over target price: report (Reuters)

A woman walks past a Postbank branch in Frankfurt, Germany, June 17, 2004. (Alex Grimm/Reuters)Reuters - The sale of Germany's biggest retail bank Deutsche Postbank could fail because the price potential bidders are willing to pay does not meet the expectations of the lender's parent, Deutsche Post, a German magazine reported on Saturday.


Auto sector woes could spur deals: Renault CEO (Reuters)

Nissan Motor Co and Renault SA's Chief Executive Carlos Ghosn listens to a question during a news conference in Yokohama, south of Tokyo June 25, 2008. (Yuriko Nakao/Reuters)Reuters - A current slump in the global automotive sector could give fresh impetus to plans for consolidation within the industry, the head of French carmaker Renault said on Saturday.


Hyundai cuts, Kia lifts domestic sales target (Reuters)

An employee works at the assembly line of the new Elantra at a new Hyundai factory in Beijing April 8, 2008. (Jason Lee/Reuters)Reuters - Hyundai Motor Co (005480.KS), South Korea's top auto maker, said on Sunday it had cut its local sales target for this year by 6 percent as record-breaking oil prices are hitting consumer sentiment in Asia's fourth-largest economy.


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.
Web firm sounds alert on criminal data trove - 07, May 2008

LONDON (Reuters) - A Web security firm said on Tuesday it had tipped off international banks and police after finding a huge trove of stolen business and personal data amassed on a server in the space of just three weeks.



By Mark Trevelyan, Security Correspondent
LONDON (Reuters) - A Web security firm said on Tuesday it had tipped off international banks and police after finding a huge trove of stolen business and personal data amassed on a server in the space of just three weeks.
Finjan Inc said it had notified the U.S. Federal Bureau of Investigation, police in various countries and more than 40 financial institutions in the United States, Europe and India about the discovery of the so-called "crimeserver".
"This server was running for about three weeks and within this period it managed to collect 1.4 gigabytes of data. It is indeed the largest treasure we've found in this very short time," Yuval Ben-Itzhak, chief technology officer of the California-based firm, said in a phone interview from Israel.
The stolen data consisted of 5,388 unique log files including 1,037 from Turkey, 621 from Germany, 571 from the United States, 322 from France, 308 from India and 232 from Britain.
It included company personnel files, insurance details, social security numbers, medical records, credit card details and exchanges of confidential business email, in one case including details of a pending court case.
Ben-Itzhak said it was striking that the crimeserver itself was not security-protected, meaning anyone could potentially have accessed it over the Internet.
"The server was not secure at all. It indicates that these people that are doing the crime today, they are not security experts, they are not computer science experts.
"They are people who are buying the crime toolkits ... software packages that hackers, the smart people, are selling," he told Reuters. 





(c) 2008 Reuters
Other news from Internet category:
  1. WITNESS: Virtual friends in a cancer world - 06, Jul 2008

    Janet Guttsman is bureau chief for Reuters in Canada, and has worked for the company in Germany, Russia and the United
    States. When she's not running the Canadian news file, she enjoys long bicycling trips in Canada and beyond. In the
    following story,

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  2. Number of newspaper analysts dwindles - 04, Jul 2008

    NEW YORK (Reuters) - Want to buy newspaper stocks? You should see an analyst. Trouble is there aren't many around anymore.

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  3. Canadian fiddler looks for quick payday via eBay - 03, Jul 2008

    TORONTO (Reuters) - A Canadian fiddler who is no stranger to controversy has put half his future music earnings up for sale on eBay, the auction website.

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  4. L.A. Times to cut 250 jobs, 150 in editorial - 03, Jul 2008

    LOS ANGELES (Reuters) - The Los Angeles Times will slash 250 jobs, including 150 in the newsroom, and trim its published pages by 15 percent in an effort to save money in the face of declining revenues, the newspaper said on Wednesday.

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  5. Google-Yahoo deal subject of antitrust probe - 02, Jul 2008

    WASHINGTON (Reuters) - The U.S. Justice Department has opened a formal antitrust investigation into a deal between Google and Yahoo to share some advertising revenue, The Washington Post reported on Wednesday.

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  6. Hollywood studio, Google forge new ground on Web - 01, Jul 2008

    LOS ANGELES (Reuters) - A major Hollywood studio and online search engine Google Inc on unveiled separate moves on Monday to put movie and TV-like content on the Web, highlighting the way in which both see the Internet as critical to reaching customers.

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  7. Bloggers bemoan Zimbabwe's "stolen" election - 01, Jul 2008

    JOHANNESBURG (Reuters) - President Robert Mugabe's re-election sparked cries of outrage from Zimbabwean bloggers on Monday and demands for international intervention.

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  8. Citigroup adds Google, Time Warner to top picks live - 01, Jul 2008

    (Reuters) - Citigroup added Google Inc and Time Warner Inc to its top picks live list, based on the search engine giant's near- and long-term outlook and a possible sale of Time Warner's AOL advertising and dial-up businesses.

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  9. LVMH wins compensation from eBay in counterfeit case - 30, Jun 2008

    PARIS (Reuters) - A French court ordered eBay Inc to pay 38.6 million euros ($61 million) to luxury goods group LVMH for allowing the sale of fake merchandise, in a ruling immediately appealed by the online auction website.

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  10. Online fashion firm ASOS shines in consumer gloom - 30, Jun 2008

    LONDON (Reuters) - Online fashion retailer ASOS shrugged off the consumer downturn, posting a steep rise in annual profit and a near doubling in first-quarter sales as it benefits from the growing popularity of Internet shopping.

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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.
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.
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.
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.
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.
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.