Friday, December 29, 2006

Apple clears Jobs in options probe, restates earnings ... "Happy New Year!" worm on the move


HIGHLIGHTS
News: Apple clears Jobs in options probe, restates earnings
News: "Happy New Year!" worm on the move
News: Yahoo to offer full auction refunds in Japan case
News: New Creative Commons head to reach out to businesses
Opinion: Attack of the killer digicam
ITwhirled: Geek Comic of the Week: Station V3


NEWS UPDATES

Apple clears Jobs in options probe, restates earnings
An investigation into past stock option grants at Apple Computer Inc. has found that Chief Executive Steve Jobs was aware of procedural irregularities but did not benefit personally from the grants or understand the accounting implications.

"Happy New Year!" worm on the move
Verisign Inc. is warning of a new e-mail worm arriving in inboxes with the subject "Happy New Year!" The message, currently being spread from 160 e-mail domains, requires users to click on the attached "postcard.exe" file in order to cause damage.

Yahoo to offer full auction refunds in Japan case
Yahoo Japan Corp. has decided to refund users of its auction Web site any money that was sent to a consumer electronics retailer that abruptly closed down and disappeared.

New Creative Commons head to reach out to businesses
Creative Commons, the grass-roots content licensing system that has taken hold amongst bloggers and other content creators online, could soon be arriving in your digital camera.

AT&T offers more concessions for BellSouth acquisition
In a bid to win approval from the U.S. Federal Communications Commission (FCC) for its planned $67 billion acquisition of BellSouth Corp., AT&T Inc. has expanded the set of concessions it's offering to overcome opposition to the deal.

Nintendo Wii sales surge in Japan
Sales of Nintendo Co. Ltd.'s Wii surged in the third week of December in Japan as more supplies of the hard-to-get games console arrived in shops across the country.

Report: Apple records on Jobs options falsified
Apple Computer Inc. gave Chief Executive Officer Steve Jobs 7.5 million stock options in October 2001 without authorization from its board and later falsified documents that said the board had met to approve the grant, according to a Financial Times report on Thursday.

Intel ordered to produce foreign evidence in AMD case
Advanced Micro Devices Inc. (AMD) will be able to collect evidence about events outside the U.S. for an antitrust lawsuit against Intel Corp.


OPINION

Attack of the killer digicam
By Sean McGrath

In recent times, sites publishing user-generated video content, such as YouTube have been very much in the news. Young people who, prior to video sharing sites became popular, had no particular interest in investing in a camcorder are now doing so and producing home videos that are, well ... interesting. Videos of themselves goofing around in the kitchen. Videos of a friend's opinions on pop star X. Videos of how best to care for your pet hamster. Everything imaginable. It is tempting to watch some of these and dismiss them as skateboard-like. That is, possibly a passing fad, possibly a phenomenon destined for niche status. Perhaps "professionally produced" video will always be beyond what amateurs can produce. Perhaps. Perhaps not.


ITWHIRLED

Geek Comic of the Week: Station V3
Station V3 is a lonely space station, a rest stop and fuel station in a system where nobody really needs to rest or refuel. The cast of characters, including a overprogrammed robot and plant mastermind, entertain themselves while waiting for visitors. Plus: ALTERNATE DIMENSIONS!

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