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After Hours: Tech stocks tick higher after dayside sell-off Los angeles (MarketWatch) -- Tech stocks gained ground Friday evening, following a rough session during which investors dumped shares of sector heavyweights in the wake of disappointing financial updates. MarketWatch.comFreddie Mac CEO got $19.8 million in `07 Freddie Mac CEO Richard Syron pocketed nearly $19.8 million in compensation last year, according to the SEC, even as the troubled mortgage company's stock lost half its value. MSNBC.comWhy San Francisco`s network admin went rogue Last Sunday, Terry Childs, a network administrator employed by the City of San Francisco, was arrested and taken into custody, charged with four counts of computer tampering. He remains in jail, held on $5 million bail. News reports have depicted a rogue admin taking a network hostage for reasons unknown, but new information from a source close to the situation presents a different picture.In posts to my blog, I postulated about what might have occurred. Based on the small amount of public information, I guessed that the situation revolved around the network itself, not the data or the servers. A quote from a city official that Cisco was getting involved seemed to back that up, so I assumed that Childs must have locked down the routers and switches that form the FiberWAN network, and nobody but Childs knew the logins. If this were true, then regaining control over those network components would cause some service disruption, but would hardly constitute the 'millions of dollars in damag InfoWorldShaken by chocolate woes, Ganong goes outside for help On Tuesday, food industry veteran Doug Ettinger will succeed Mr. Ganong as president and CEO of the candy and chocolate company The Globe and MailWorld of Warcraft achievements confirmed If you’re a World of Warcraft player, you’re probably going to be either side of a rather large fence on this one.It seems that Blizzard took E3 as a good time to announce a new feature that will be coming to the MMO with its next expansion, Wrath of the Lich King. The addition of [...] Geek.comVC investment hold steady in 2Q at $7.4 billion The pace of U.S. venture capital investments remained steady at $7.4 billion during the second quarter despite a wobbly stock market that has made it increasingly difficult for the financiers of new ideas to cash out of startups. The amount of money spread... San Francisco ChronicleHold off on WiMax investments, Gartner cautions Businesses should hold off on investing in WiMax until the technology is more widely deployed across the United States and until vendors produce more dual-mode cellular/WiMax handsets, says a new report from Gartner Research.Overall, Gartner projects that while WiMax networks in the United States will start operating commercially over the next two years, WiMax itself will remain a "niche technology" that will best serve emerging or rural markets that don't already have access to broadband services. One of the big factors that WiMax has going against it, says Gartner, is that WiMax networks won't be able to provide nationwide coverage for quite some time, as Sprint and its Clearwire partners will only begin launching commercial WiMax services for the first time this September. Thus, says Gartner analyst Phillip Redman, businesses will have to wait until coverage extends to many more cities than the ones that will be covered by the end of the year.Additionally, Redman says that InfoWorldVenture capitalists still investing at steady pace THE GOOD: The flow of money going to U.S. startups remained steady in the second quarter as venture capitalists invested $7.4 billion, unchanged from a year ago. THE BAD: The stock market has turned a cold shoulder to the initial public offerings made by... San Francisco ChronicleMcCain says Obama trip to Iraq may be soon DETROIT (Reuters) - Republican presidential candidate John McCain commented on Friday on the unannounced timing of a high-security trip by Barack Obama to Iraq, saying he believed his Democratic rival was going this weekend. ReutersBits: Google Deliberately Sells Fewer Ads - and May Have Gone Too Far Even though its second-quarter results disappointed Wall Street, Google insisted it is doing well. The New York Times1 2 3 4 5 |
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