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MyDoom.F Spreads Carnage with Malicious Payload

The latest iteration of the MyDoom worm, "MyDoom.F," has Internet security experts worried because, in addition to triggering denial-of-service (DoS) attacks, it also can delete files from infected computers. MyDoom.F was first identified last Friday and has picked up steam in just the last few days, Sophos senior technology consultant Graham Cluley told the E-Commerce Times...

SPECIAL REPORT

The Once and Future Corporate Software Strategy

There has been so much buzz in recent years about various enterprise applications that it is no wonder many executives feel underinformed and overwhelmed. ...

Much Ado About Pepsi/iTunes ‘Hack’

Apple and Pepsi's iTunes giveaway, which promises a free music download coupon under 1 in 3 Pepsi bottlecaps, made a big splash with an ad aired during January's Super Bowl. Now, is the promotion on the rocks following disclosure of a tactic to identify winning bottles without purchasing them first? Not likely, according to analysts and Mac experts...

Netsky.B Worm Extends String of Malware Attacks

A new worm known as Netsky.B emerged Wednesday. It is the second worm in the Netsky family; an earlier version, Netsky.A, was first identified Tuesday. According to Trend Micro's Web site, Netsky.B has an overall risk rating of medium, despite having a high potential for distribution and damage ...

Intel To Sell 64-Bit Xeon as AMD Opteron Rival

The Intel Developer Forum (IDF) commenced Tuesday with a statement that Intel will outfit its 32-bit Xeon server and workstation processors with 64-bit extensions. According to the company, this technology will become available in the second quarter of 2004 ...

BEST OF ECT NEWS

Salesforce.com President Jim Steele: Why ‘No Software’ Is Good Business

Jim Steele, president of worldwide operations at on-demand CRM services provider salesforce.com, joined the company in October 2002 after a two-year stint as executive vice president of worldwide sales at Ariba. Prior to that, Steele spent 22 years at IBM, where he held numerous positions, including vice president of North America's western region and vice president of systems sales and general manager of telecommunications in the Asia-Pacific region...

BEST OF ECT NEWS

NetScreen Executive Officer David Flynn on Deepening the Firewall

Judging by its strategy, firewall vendor NetScreen is committed to a holistic view of enterprise security, leading the charge to integrate and deepen the firewall beyond its original parameters. The company's recently released Deep Inspection Firewall, for example, is designed to prevent application-level attacks, respond proactively to other security concerns, and integrate well with other enterprise security applications. Moreover, NetScreen's recent acquisition of Neoteris, a leader in SSL VPN (virtual private network) solutions, adds another weapon to its broad security arsenal...

BEST OF ECT NEWS

Pet Peeves of Automated Voice Response

It is not a given that people dislike automation. When ATMs began to proliferate during the early 1980s, people flocked to them. They allowed users to perform a host of basic banking transactions without having to wait in a long line for an in-person response. Today, most people choose to avoid teller lines unless they must perform a particularly specialized transaction...

ANALYSIS

Gartner Casts Doubt on MS Security Commitment

In response to Microsoft's latest vulnerability announcement, a group of security analysts at Gartner has released a research note that advises enterprises against using Windows Server 2003 in mission-critical applications exposed to the Internet before the second quarter of 2004 ...

Comcast Takes on Eisner with $54 Billion Disney Bid

Cable giant Comcast has announced that, despite being rebuffed by Walt Disney CEO Michael Eisner, it will move ahead with a US$54 billion bid to acquire Disney. According to Comcast, its offer would be a tax-free transaction. ...

Covad To Roll Out VoIP Services

High-speed Internet access provider Covad has announced it will roll out Voice over Internet Protocol (VoIP) services to its business and consumer customers. The company noted that, following market trials planned for mid-2004, the rollout will start by the fourth quarter in most of its Metropolitan Statistical Areas (MSAs) ...

EXCLUSIVE INTERVIEW

MarketWatch CEO Larry Kramer Talks Recovery

Larry Kramer founded MarketWatch.com as part of a joint venture between Data Broadcasting Corporation (DBC) and CBS back in 1997. After years of turmoil, the company, which publishes business news and financial information and tools, recently achieved profitability in the fourth quarter of 2003 and for the year as a whole ...

SPECIAL REPORT

Corporate RAIDing on Rise in Storage Arena

The world of data storage can be as confusing as Alice in Wonderland's Tulgy Wood to organizations seeking the best and most cost-efficient way to gather and save information. Acronyms abound -- SAN (Storage Area Network), NAS (Network Attached Storage), DAS (Direct Attached Storage), SAM (Storage Area Management) and HSM (Hierarchical Storage Management) to name a few -- and trying to sift through them and arrive at the right choice can be enough to make an IT manager yearn for the days of file-cabinet forests...

Oracle Raises PeopleSoft Bid in ‘Final Offer’

Oracle has raised its bid to acquire rival PeopleSoft to about US$9.4 billion, or $26 per share. Oracle's amended offer is a little less than 19 percent higher than PeopleSoft's Tuesday closing price of $21.89 per share ...

ANALYSIS

Linux Rising in China

The Open Source Development Labs (OSDL) has announced its first Chinese member organization: Beijing Co-Create Open Source Software Company, Ltd., which plans to work on the Linux kernel and promote Chinese adoption of Linux on the desktop ...

E-Business Steps Up for the Super Bowl

Not everyone watches the Super Bowl just for the football. Given that many of the previous 37 Super Bowls were duller than watching golf on TV, some people would argue that the advertising is as much, if not more, of a reason to watch ...

Amazon Posts First Full-Year Profit

Amazon.com, perhaps the premier e-commerce site, announced late Tuesday its first-ever full-year profit. According to the company's balance sheet, 2003 net income totaled US$35 million. In 2002, despite booking a small fourth-quarter profit, the company recorded a full-year net loss of $149 million ...

Virginia Tech Migrates G5 Supercomputer to Apple Xserves

Virginia Tech, whose G5 Mac-based supercomputing cluster made headlines last fall as the third fastest supercomputer in the world, has announced it plans to migrate the cluster from Power Mac G5 desktop computers to Apple's recently released Xserve G5 1U server ...

EXCLUSIVE INTERVIEW

Checking in with Check Point President Jerry Ungerman

Jerry Ungerman, president of firewall leader Check Point Software Technologies, oversees the company's worldwide sales, marketing, business development, product management and technical services. In this role, he helps Check Point provide its customers and partners with integrated network security solutions ...

Ariba Buys FreeMarkets for $493 Million

Ariba has announced plans to acquire FreeMarkets, a provider of supply management solutions. According to Ariba, FreeMarkets shareholders will receive 2.25 Ariba common shares and US$2 in cash for each share of FreeMarkets stock. ...

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