22nd May 2007 Archive
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Siemens names new CEO
Loescher steps up as bribery probe continues
Engineering giant Siemens has appointed Peter Loescher as its new chief executive in an attempt to kick start efforts to restore the German firm's image. Shares in Siemens rose as much as 2.7 per cent to a six-year high on Monday after its supervisory board surprised markets on Sunday by naming the Austrian born US healthcare …
IT Channel 22 May 2007, 09:08
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RM Group spends £4m to get into Europe
Lego and Wi-Fi are addressed
Educational technology specialist RM Group has acquired DACTA, and with it a mainland European presence, for just shy of £4m. DACTA, which recorded an operating profit of £570k on revenues of £6.5m in its last financial year, manages a pan-European network of resellers of branded educational resources. It is also the exclusive …
PC Builder 22 May 2007, 10:10
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IBM goes big green with Big Green
Comment $1bn efficiency drive
IBM has announced it is redirecting $1bn per year across its businesses to increase the energy efficiency of IT operations. Called Project Big Green, IBM's initiative targets corporate data centres where energy constraints and costs can limit their ability to grow. The initiative includes a new global green team of 850+ …
Enterprise 22 May 2007, 10:11
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EnterpriseDB ramps up focus on Europe
Open source database firm seeks European partners
An open source services firm is looking for European partners to sell a version of the Postgres database it has souped-up for enterprise customers. EnterpriseDB, a contributor to the open source version of PostgreSQL, launched its commercial version in Europe in January, which it said would save customers 80 per cent over the …
Enterprise 22 May 2007, 13:11
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Malware targets OpenOffice users
BadBunny
Malware miscreants have crafted a cross-platform worm targeted at OpenOffice users that's capable of infecting Windows, Mac, and Linux computers. The OpenOffice/StarBasic macro worm, dubbed BadBunny, is a proof-of-concept worm that's not been seen outside the lab. Most anti-virus firms describe it as a low-risk threat. …
Software & Security 22 May 2007, 13:50
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Gozi hybrid Trojan menaces the net
Key-logging, SSL-sniffing malware surfaces
VXers have developed a strain of malware capable of logging keystrokes as well as snooping on encrypted SSL streams originating from compromised PCs. The hybrid variant of the Gozi Trojan was discovered by Don Jackson, a researcher with SecureWorks who discovered the original Gozi malware earlier this year. In its original form …
Software & Security 22 May 2007, 14:03
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New York set for terror-proof 'leccy
'Project Hydra' to keep capitalism running even with its head cut off...
The US Department of Homeland Security (DHS) is to fund a new, high-tech power grid for New York's financial centres which will use advanced superconductor technology. DHS feds have named the new system "Project Hydra". The allusion is to the Lernaean Hydra, the terrible nine-headed monster of Greek legend which was hard to …
Software & Security 22 May 2007, 14:09
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Logicalis eyes UK acquisitions
Got the green
Bosses at reselling monster Logicalis may be on the look out for a UK managed services acquisition, after revenues crept towards $1bn for the last year. Last week, the firm reported revenue growth of 37 per cent for the year ending 28 February, including $43m from acquisitions made during the year. Sales hit $696m, and chief …
IT Channel 22 May 2007, 15:08
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Telegraph floored by DDoS attack
Bowled over
The website of UK broadsheet the Daily Telegraph is returning to normal after a sustained denial of service attack left the site intermittently unavailable over the last two days. Unknown hackers bombarded the telegraph.co.uk with thousands of spurious requests from around 9am yesterday morning. The site was largely …
Software & Security 22 May 2007, 16:07
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Crypto boffin: writing is on the wall for 1024-bit RSA
But nobody can read it yet
Crypto-busting boffins have broken a new record in their quest to find the prime factors in large numbers, and may soon threaten part of the encryption system used to secure retail websites. Professor Arjen Lenstra of the Ecole Polytechnique Federale de Lausanne (EPFL) yesterday broke the news that computing clusters run by the …
Software & Security 22 May 2007, 16:09
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Cisco borgs BroadWare Technologies
Now shipping with more eyes
The seventh company to be assimilated into the Cisco collective this year is IP-based video surveillance company, BroadWare Technologies. BroadWare makes software for web-based monitoring, management, recording and storage of audio and video on the internet. Cisco plans to close the transaction in the fourth fiscal quarter, …
PC Builder 22 May 2007, 17:19
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Red Hat chief tells start ups to grow, not cash out
OSBC The romance is gone
Red Hat chief executive Matthew Szulik today told startups to forget the "romance" of open source and build businesses that compete with proprietary vendors on services and value. Opening the Open Source Business Conference (OSBC) in San Francisco, Szulik said [advocates of] open source no longer need to legitimize its …
Software & Security 22 May 2007, 18:38
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Sun finds Hitachi's fresh, fat storage box
Thin on the inside and on details
Sun Microsystems will vend Hitachi's latest high-end "virtual" storage system as the Sun StorageTek 9990V. The StorageTek 9990V supports a wide range of operating systems including Solaris and features thin provisioning software, which Sun has decided to dub "Dynamic Provisioning," — with capitals. The new unit joins Sun's …
Enterprise 22 May 2007, 18:48
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Sun to do Xeon and Niagara blade thing next month
Too much, too late?
Sun Microsystems looks set to dish out its new UltraSPARC T1- and Xeon-based blades on June 6 at an event in Washington D.C. Our invite and plane ticket seem to have been lost in the mail, but Sun customers have been told to show up for the unveiling of "an open design and featuring SPARC and x64 processors." None of this comes …
Enterprise 22 May 2007, 19:23
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Cringely catches IBM trying to hire 15,000
Comment Apocalypse nears
Those of you afraid of Robert Cringely's claim that IBM will layoff 150,000 workers might want to read his latest column. The PBS scribe has blown it again. At the bottom of a piece on Google, Cringely returns to the IBM layoff topic and makes the following statement: "Last week IBM also posted more than 15,000 new positions on …
PC Builder 22 May 2007, 20:11
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IBM pAVEs the way for x86 Linux apps
Comment Tackling performance and portability
IBM has introduced an open beta version of the IBM System p Application Virtual Environment (System p AVE), a virtual Linux environment that enables x86-based Linux applications to run without modification on POWER processor-based IBM servers. This announcement follows the company's recent launch of three System p Web-tier …
Enterprise 22 May 2007, 22:07
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Microsoft releases security tool for Office 2003
Defangs Office doc, spreads the XML love
Microsoft has released a tool designed to protect Office 2003 users from malicious payloads surreptitiously dropped into innocent-looking office files - an attack tactic that has grown in popularity over the past year. Called MOICE - short for Microsoft Office Isolated Conversion Environment - the enhancement converts Word, …
Software & Security 22 May 2007, 22:34
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Open Source may be cheap - but we still want support
OSBC Eating the cake
Open source is increasingly driving enterprise development projects and installations, but big customers still rely on start-up software providers for support. A panel of customers at the Open Source Business Conference (OSBC) in San Francisco today agreed unanimously that open source enable them to kick-start projects they …
Software & Security 22 May 2007, 23:01
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