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Murdoch plans news website charges
Times and Sun readers to pay as loss-making Murdoch declares end to free-for-allThe billionaire media mogul Rupert Murdoch suffered the indignity of seeing his global empire make a huge financial loss yesterday and promptly pledged to shake up the newspaper industry by introducing charges for access to all his news websites, including the Times, the Sun and the News of the World, by next summer.Stung by a collapse in advertising revenue as the recession shredded Fleet Street's traditional business model, Murdoch declared that the era of a free-for-all in online news was over.'Quality journalism is not cheap,' said Murdoch. 'The digital revolution has opened many new and inexpensive distribution channels but it has not made content free. We intend to charge for all our news websites.'The Australian-born press and television baron was speaking as his News Corporation holding company slumped to a $3.4bn (£2bn) net loss for the financial year to June, hit by huge writedowns in the value of
Guardian

Optiver claims rival Tibra stole software
ONE of Australia's largest derivatives trading companies is suing a rival, claiming that its software was stolen.
Australian IT

Pacific Office sees $1.1M loss in Q2
Pacific Office Properties Trust, the largest office landlord in Honolulu, reported a net loss of $1.1 million in the second quarter, the company reported Wednesday.
Biz Journal

News to charge for websites
RUPERT Murdoch has reiterated the company's plan to shift to charging readers for accessing content on all News Corp's websites.
The Australian

Entertainment 7 taps Tepper
Business News: Former New Line exec named VP -- Distrib company Entertainment 7 has tapped New Line Cinema's Jackie Tepper as veepee.
Variety

Researchers Uncover Critical XML Library Flaws
Security researchers released details today about vulnerabilities in XML libraries from Sun Microsystems, Python and Apache. Developers that use the libraries are advised to take action as soon as possible. - Researchers have uncovered numerous vulnerabilities in popular X M L libraries from Sun Microsystems, Python and the Apache Software Foundation. The bugs were discovered by researchers at code testing firm Codenomicon in early 2009 while the company was developing a new product for testing X M L....
eWEEK

Kiev raises debt fears with gas bond move
Ukraine threatened to forcibly restructure a foreign bond issued by Naftogaz, the state gas company, reviving investors' fears about the ability of crisis-hit countries in eastern Europe to repay debt.
Financial Times

Firms with long-term upside in uncertain times
The companies that made the cut represent the ones that analysts are willing to go on the record for
The Globe and Mail

Cluster Resources Becomes Adaptive Computing, Launches New Moab Version
The company claims that its new Moab Adaptive Computing Suite for data centers and private clouds is the only cross-platform, intelligent automation suite with features that support the consolidation and virtualization of critical IT resources. - Cluster Resources, which developed the Moab unified automation software and opened for business in 2001, announced Aug. 5 that it is changing its name to Adaptive Computing and launching a new version of its product. The company, which has tight partnerships with IBM and Hewlett-Packard in the HP...
eWEEK

Warm welcome for businesses in North Dakota
Most states have been struggling with falling payrolls and rising foreclosures. However, wintry North Dakota has been an oasis of relative stability, welcoming displaced workers and using its budget surplus to recruit overburdened companies with attractive tax incentives
FT

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