Ed Sutherland

IBM and financial house Lehman Brothers have created a $180 million China Investment Fund with the goal of providing business insight for the country’s public and private companies. The investment plan, begun with $90 million in initial funding from each of the two companies, held out a goal of transforming the finances and business practices […]

UPDATED: In the latest chapter of a long-running courtroom battle between rival 3G chipmakers, a San Diego federal judge handed down a preliminary injunction ruling Broadcom cannot use or disseminate confidential Qualcomm WCDMA trade secrets, according to San Diego-based Qualcomm . The prohibition remains in effect until at least the completion of a trial expected […]

Yet another bug has been found in Microsoft’s recently-released Internet Explorer 7 browser. The software giant is downplaying the flaw, which security experts say allows hackers to “spoof” Web addresses. Reported by Danish security firm Secunia, the flaw hopes to trick IE7 users into clicking on seemingly legitimate Web destinations, a tactic known as “spoofing.” […]

Got a few extra million just burning a hole in your pocket? A number of Silicon Valley pioneers are spending their spare change for a ticket into space. There’s such a race, like the lines at some Disneyland ride, as one high-tech luminary lands another prepares to blast off into orbit. Former designer of Word […]

UPDATED: PC makers may not get the final version of Windows Vista until mid-November, putting at risk Microsoft’s goal of a November launch, according to a report. The bug, discovered as testers inspected the Vista RC2 for final shakedown, could result in Windows XP-based systems freezing when they attempt to upgrade to Vista. Microsoft, which […]

A security vendor announced it has found a way to bypass a controversial security measure in Microsoft’s upcoming Vista operating system. Florida-based Authentium said it can’t wait until the software giant provides an approved path to Vista’s walled-off kernel. The announcement is the latest chapter in a long-running battle between Microsoft and vendors, such as […]

UPDATED: New Jersey-based Global Crossing continues to expand the reach of its IP network — this time into Latin America. Details of the $335 million cash-and-stock purchase of Impsat, expected to be final by the first quarter of 2007, includes an offer to pay $9.32 per share of Impsat stock, with a total equity value […]

CORRECTED: Software giant Microsoft  has crowned the “zombie” PC the greatest threat to Windows users. Of the many forms of attacks uncovered during the first half of 2006, the company said backdoor Trojans which take control of infected computers can be found in almost one out of every two Windows-based systems. “Attackers, with financial gain […]

Five banks have become the latest U.S. financial organizations to join an effort to streamline the assessment of online banking security. Bear Stearns , Goldman Sachs Group , Wachovia , Morgan Stanley and Regions Financial Corp have joined the Financial Institution Shared Assessments Program. The Financial Services Roundtable designed the program in February to create […]

UPDATED: The battle for control of the Polish mobile telecom market has moved from the courts of Europe to a Seattle federal courthouse. Using the Racketeer Influenced and Corrupt Organizations (RICO) law, French telecom and entertainment giant Vivendi filed suit Monday against T-Mobile, the U.S. unit of its long-time German rival Deutsche Telecom (DT). The […]

Federal investigators are focusing on an uptick in identity fraud hitting customers of online brokers, including E*Trade  and TD Ameritrade Holding Corp . E*Trade said during its third-quarter financial report that a surge in Web-based fraud forced the New York-based online broker to reimburse customers $18 million, and is drawing the attention of Securities and […]

Continuing its drive to expand beyond its networking roots, Cisco unveiled TelePresence Meeting. While the high-end system promises to improve on the often current jerky, problematic video-conferencing offerings of today, the update comes with a hefty price tag, as well as technology requirements. A solution for effective face-to-face remote meetings “has proven to be an […]