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Bits: Twitter Attack Said to Target Blogger
The cyberattack that knocked Twitter offline was executed by enemies of a Georgian blogger, according to a security company that analyzed the assault.
New York Times

The Outing of Pranknet
An anonymous reader writes 'The Smoking Gun recently published a story on their investigation and outing of Pranknet, an online cabal that aims to take pranks to the next level. Their legacy includes thousands of dollars of damage, and many harassed souls. Many of the pranks have clear criminal implications. Reading their report may send chills down your collective spines.' From the linked article: 'Coalescing in an online chat room, members of the group, known as Pranknet, use the telephone to carry out cruel and outrageous hoaxes, which they broadcast live around-the-clock on the Internet. Masquerading as hotel employees, emergency service workers, and representatives of fire alarm companies, 'Dex' and his cohorts have successfully prodded unwitting victims to destroy hotel rooms and lobbies, set off sprinkler systems, activate fire alarms, and damage assorted fast food restaurants. But while Pranknet's hoaxes have caused millions of dollars in damages, it is the group's efforts to d
Slashdot

NJ company buys Network Logistics Solutions
A logistics and contract warehousing company with a location in Jacksonville has been acquired by a New Jersey supply chains solutions provider
Biz Journal

RIM says it had deal with Nortel
Lazaridis tells parliamentary committee the company had 'handshake' agreements to acquire assets
The Globe and Mail

Big Oil Sweats As Brazil Debates New Controls
A new state company would reportedly lean more on Petrobras over international competitors.
Forbes

Labour sounds alarm over Supreme Court pension loss
OTTAWA - A top labour lawyer is calling for government action to protect pensions in the wake of a Supreme Court ruling that it was OK for a company to move pension plan money. The high court ruled F...
Chicago Chronicle

Nortel CEO said to be leaving soon
Mike Zafirovski, who led the Toronto company into bankruptcy protection and oversaw the sell-off of wireless assets to Ericsson, will reportedly depart within weeks.
CNET

OnLive and Gaikai — How To Stop a Gaming Revolution
happierr writes 'The gaming industry has been struggling in the last few months, and it is about to struggle even more when OnLive and Gaikai launch later this year. The new services are both a step in the right direction to counter piracy and provide easily-accessible gaming to people with low-end PCs. They might even do for PC gaming what the Wii did for casual gaming; greatly expand the market and draw interest from people who would not ordinarily game cheats. The services are a real threat for the Big Three video game companies (Microsoft, Sony, and Nintendo). How will they combat these revolutionary services? There are a few steps that the Big Three are taking to combat the New Two, such as an increased reliance on peripherals and vision cameras, exclusivity deals, and more online multiplayer features, which OnLive and Gaikai will have a hard time matching.' of this story at Slashdot.
Slashdot

East India Company Review
This naval-centric strategy game merely treads water.
Gamespot

The Dannon Company Awards The I.J. & Jeanne Wagner Jewish Community Center the Fourth Annual Dannon Next Generation Nutrition Grant
WEST JORDAN, Utah, Aug. 7 /PRNewswire/ -- The Dannon Company, Inc. awarded the I.J. & Jeanne Wagner Jewish Community Center (JCC) the fourth annual Dannon Next Generation Nutrition Grant aimed at ...
bignewsnetwork.com

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