New eBay site lets people finance the world's poor
EBay Inc, the world's largest online auctioneer and payments company, launched on Wednesday a Web site allowing ordinary investors to buy securities aimed at improving conditions in the world's poorest countries. MicroPlace, located at http://www.microplace.com, will allow people to invest as little as $100 to support development in impoverished areas.... Read on »
Mozilla's 2006 revenue: $66.8 million
Mozilla, the group behind the open-source Firefox Web browser, disclosed its 2006 revenue Monday night: $66,840,850. That's a 26 percent bump up from the $52.9 million that Mozilla garnered in 2005. And with 2006 expenses slicing off only $19.8 million, Mozilla has a tidy sum left at its disposal, even... Read on »
Citrix completes XenSource virtualization buy
Citrix completed its $500 million acquisition of XenSource, the primary sponsor of the open-source Xen virtualization software, the company said Monday at its iForum conference in Las Vegas. XenSource will become the core of the company's new virtualization and management division, and XenSource Chief Executive Peter Levine will report directly... Read on »
Comcast says not blocking Internet downloads
Comcast Corp said on Monday that file transfers on peer-to-peer networks such as BitTorrent may be delayed by bandwidth management technology, but... Read on »
Microsoft's phone talk is all business
Well, It doesn't appear that Microsoft will be taking direct aim at the iPhone on Tuesday. Rather, the software maker is playing... Read on »
United Nations agency gives boost to WiMax
The United Nations telecommunications agency in Geneva gave the upstart technology called WiMax a vote of approval, providing a sizable victory for Intel and something of a defeat for competing technologies from Qualcomm and Ericsson. The International Telecommunication Union's radio assembly agreed late Thursday to include WiMax, a wireless technology... Read on »
Windows Live hits second generation
Microsoft is adding photo sharing and Web-based hosted storage to Windows Live on Wednesday, though for now the services will be limited to a few thousand preselected testers.The first new service, Windows Live Photo Gallery beta, is essentially an upgraded version of the Windows Photo Gallery that is built into... Read on »
Microsoft criticized for Open XML petition
An online petition posted by Microsoft to fast-track the standardization of its Office Open XML document format masks the company's concern over the procedure, according to a leading open-source advocate. The petition is an attempt to make it appear that Open XML has "pseudo-grassroots" support, argues Mark Taylor, the founder... Read on »
FBI checks out gambling in 'Second Life'
FBI investigators have visited Second Life's Internet casinos at the invitation of the virtual world's creator Linden Lab, but the U.S. government has not decided on the legality of virtual gambling. "We have invited the FBI several times to take a look around in Second Life and raise any concerns... Read on »
FCC imposes rules to prevent pretexting
The Federal Communications Commission hopes to prevent data burglaries with a set of new regulations for phone companies aimed at preventing the fraudulent practice called "pretexting." On Monday, the FCC issued an order designed to strengthen its current privacy rules by requiring telephone and wireless operators to adopt additional safeguards... Read on »
Microsoft targets more software pirates
Microsoft on Monday said that it is taking action against groups that sold copies of Windows and Office discounted for academic use to regular users. The Redmond, Wash., software maker has filed nine lawsuits and sent more than 50 letters threatening such action, it said in a statement. The suits... Read on »
Yahoo opens up e-mail APIs to outsiders
Yahoo on Wednesday is expected to release software that will allow third-party developers to write applications using Yahoo Mail. The move to open up the application programming interfaces (APIs) to Yahoo Mail is meant to encourage Web developers to build applications that use the mail service. The company expects these... Read on »
Microsoft expected to launch Xbox 360 in China soon
Microsoft is set to launch its popular Xbox 360 game console in China in the next few months, expanding beyond its traditional focus on selling PC software in the country, industry sources said. The software giant has been discussing the launch with local Internet service providers and personal computer makers... Read on »
Google Launches Classroom Project
Weeks into a new school year, Google has started courting K-12 teachers with a resource guide on how to use its applications in the classroom. Late Wednesday, the search giant launched the site Google for Educators. The site includes how-to video tutorials for products like Blogger; lesson plans for applications... Read on »
Ballmer Tries to Offset Flak over Vista Ship Date
Microsoft CEO Steve Ballmer tried to offset some of the fallout from what Wall Street sees as the company's hedging on when Windows Vista would ship. In a talk about shareholder value at its annual financial analyst meeting at the campus here on July 27, and after the company's stock... Read on »
Microsoft Claims Victory Over Java
Microsoft is leaving Java in the dust, but the company still has room to grow in the developer arena, a key executive said. Speaking at the Microsoft FAM (Financial Analyst Meeting) on July 27 in Redmond, Wash., Bob Muglia, Microsoft's senior vice president of Server and Tools business, said Microsoft's... Read on »
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