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Company Chair, Cerberus Team to Take ACS Private in $5.9B Cash Deal

Cerberus Capital Management has put an offer on the table to takeAffiliated Computer Services private in a US$5.9 billion buyout. That translates to $59.25 per share, a 15.5 percent premium over the ACS closing price on Monday ACS, a provider of business process outsourcing and information technology solutions, has been a likely acquisition target ...

Fee Hike Could Devastate Internet Radio

Several radio broadcasters and online media companies are challenging a ruling this week that sets a higher royalty fee structure for music played over the Internet After nearly two years of hearing arguments from some of the country's biggest radio companies, the Copyright Royalty Board (CRB), a body created by Congress to settle royalty disputes ...

Novell Pulls Out All the Stops at BrainShare

Novell, maker of infrastructure software for the Open Enterprise, opened its BrainShare 2007 conference in Salt Lake City on Monday with a wide assortment of announcements trumpeting improvements and other software solutions to its line of Linux open source applications From the upcoming release of the Linux Enterprise Thin Client to enhancements b...

PS3 Update Bolsters Stanford Research Efforts

A new software update for Sony's PlayStation 3 consoles includes Bluetooth support, enhanced downloading and the ability to help a Stanford University distributed-computing program hoping to cure protein-related diseases Dubbed "Firmware 1.60," the upgrade can be installed directly to Internet-connected PS3 consoles, downloaded into a home computer...

'Hillary 1984' - First 'YouTube Election' Off to Flaming Start

After promising to maintain a civilized tone, Sen. Barack Obama has sent a shot across the bow of Sen. Hillary Clinton's campaign in an advertisement for his 2008 bid for the presidency now appearing on YouTube Or did he? The video -- a biting commentary on Clinton's presumed frontrunner status for the Democratic nomination -- suggests it was gen...

Yahoo Ups the Ante in Mobile Web War

Rumors may abound about a tantalizing Google phone in the works, but Yahoo Tuesday made its own, definitive bid for the hearts of mobile Web users by bringing the oneSearch service to mobile phone users Yahoo oneSearch, which was first launched on Yahoo Go for Mobile 2.0, now delivers locally relevant answers to cell phone users' search questions, ...

Michael Dell Urges India to Lower PC Taxes

Dell founder and CEO Michael Dell called on India to lower its taxes on foreign-made computers, saying the fast-growing market could invite more investment by doing so Dell, whose namesake company is set to open its first Indian PC production plant in the southern city of Chennai later this year, said his company's sales in India are on pace to dou...

Adobe's Apollo Bridges Desktop, Internet Divide

Adobe released its cross-operating system application run-time for Web developers on Monday. The development system, available from Adobe Labs, is currently in the first public alpha version Code-named "Apollo," the technology enables Web developers to create and deploy rich Internet applications (RIAs) on the desktop, utilizing their existing HTML...

Heavyweights Join Forces for Open IPTV Standards

Delivery of television programming over computer networks using Internet protocols showed signs of a maturing market this week when nine major players supporting the technology announced the formation of a consortium to develop important standards for it AT&T, Ericsson, France Telecom, Panasonic, Philips, Siemens, Samsung, Sony and Telecom Italia o...

EXPERT ADVICE

Market Your Online Startup for Next to Nothing

There is an ever-increasing number of people that are utilizing the Web to support or altogether run their businesses However, setting up your online storefront is not the last hurdle an e-business owner faces. Once an online presence is established, there is still the matter of marketing your business and selling your products....

Salesforce.com Aims to Do for Portals What MySpace Did for Networking

Salesforce.com's Spring '07 release, specifically the AppSpace product, is being hailed as a quantum leap forward in functionality that will support users in fulfilling their corporate missions AppSpace, which hasn't been activated as yet, is a new product that provides users with a place to engage with their customers, partners, or other companie...

Terra Soft's Yellow Dog Linux: Taking a Power Position

Yellow Dog Linux 5.0 by Terra Soft Solutions may not yet have the name recognition of Red Hat Linux, Novell Suse Linux or relative newcomer Ubuntu Linux by Canonical, but it is already well-established as an OS provider to some of the biggest names in the Power Architecture computing industry Terra Soft Solutions showcased its Yellow Dog Linux (YD...

Fiber Optics: Let There Be Light

Imagine a home with cheerful splashes of natural sunlight in every room at once -- even the interior ones -- all day long. Now imagine a world in which all citizens have access to the very best medical care, regardless of where they live. These are just two of many new applications of fiber optics technology, which is beginning to touch consumers' lives in more and more ways...

FBI: Auction Fraud No. 1 Online Complaint

Internet auction fraud accounts for close to half of all the complaints made to the FBI's Internet Crime Complaint Center, according to a report released Friday Of the 207,492 complaint submissions made to the Internet Crime Complaint Center (IC3) in 2006, Internet auction fraud accounted for 45 percent, the Internet Fraud Crime Report found. That ...

Fujitsu LifeBooks to Get Tougher With Solid-State Drives

Fujitsu Computer Systems unveiled two new models in its notebook line that come with something special -- solid-state hard drives that make the computers more durable for work in the field, according to the company The two machines, the LifeBook P1610 and the LifeBook B6210 touchscreen, ultra-portable models are now available with either 16 GB or 3...

Report: Money Makes Malware World Go Round

Data theft has become the raison d'etre for malware on the Internet, according to the latest figures released by security vendor Symantec As in previous years, the vendor reported upticks in data thefts, malware and phishing scams. What is different about this year, said Alfred Huger, vice president of engineering at Symantec Security Response, is...

Google Gets Into the In-Game With Adscape Buy

Ending months of speculation, Google confirmed that it has acquired in-game advertising firm Adscape Media. The move could help make Google a player in a market already being heavily targeted by Microsoft and other rivals Google confirmed the purchase on its official blog through a posting by Bernie Stolar, a former Sega executive who joined Adscap...

MySpace Bug Alerts Could Trigger Mischief

A pair of hackers has threatened to engage in a self-described "attention-seeking ploy" next month by exposing security holes in social networking Web site MySpace The duo, who call themselves "Mondo Armando" and "Mustachio," say they will launch attacks against the popular Web site each day in the month of April and then publish a list of the disc...

Google Mum About Swirling 'Gphone' Rumors

If there's anything more exciting than the barely-seen Apple iPhone, it's got to be a possible Google-made mobile phone. While rumors have been all over the Web lately, the search engine giant is closed for discussion "This is all we plan to say," Erin Fors, a spokesperson for Google, told TechNewsWorld. "Mobile is an important area for Google, and...

Insider Trading Trial of Qwest Ex-CEO Begins

The trial of the former Qwest Communications CEO Joseph Nacchio began Monday. Nacchio is accused of violating insider trading laws as he sold some US$101 million of the telecom company's shares. This is a case that could help close the book on the wave of major corporate scandals that hit the United States five years ago Nacchio, who served as Qwes...

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