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walktalker · 01-06-01, 06:43 PM

Hot on the Trail of Credit Crooks
This probably won't shock anyone who's ever made a credit card transaction online, but there's a lot of fraud going on out there. Fraud costs American companies a whopping $400 billion a year, according to the U.S. Association of Certified Fraud Examiners. In Britain, the Telecoms UK Fraud Forum believes $1.575 billion is lost annually to telecom fraud, while the British Bankers Association says 200 million pounds disappear annually in credit card scams. Yet despite such figures -- and perhaps due to a wariness of CRM software that is often complex and costly -- many companies are doing little about it.
http://www.wired.com/news/ebiz/0,1272,44203,00.html

SETI At Home Servers Invaded, Users Spammed

Web servers that harness the distributed power of thousands of volunteers' screen savers to search for signs of extra-terrestrial life were duped into giving spammers thousands of e-mail addresses over Memorial Day weekend, Newsbytes has learned. SETI at Home Director David Anderson said the perpetrators didn't actually hack into SETI servers, but instead tricked them into sending back e-mail addresses for roughly 50,000 out of SETI's 3 million users.
http://www.newsbytes.com/news/01/166384.html

Microsoft Aims To Conquer The Net
Microsoft's brain trust was in full evangelizing mode this week. The company's top executives were dispatched to London, New York, Chicago and other cities to trumpet the store-shelf arrival of Office XP, the latest version of its word-processing, spreadsheet and slide-presentation software. Microsoft has fashioned XP into its weapon of choice for subjugating the Internet, just as it conquered desktop PCs. Gates and his cohorts aim to use XP to begin herding computer users and software developers toward Microsoft's notion of what life on the Internet ought to be. XP makes it easier than ever for Microsoft to steer consumers to goods and services supplied by Microsoft and its allies on the Internet — eventually putting Microsoft in the center of a vast array of Internet transactions.
http://www.newsbytes.com/news/01/166365.html

Launch Media Returns Fire
Suit, countersuit. When it comes to digital music licensing, the major record labels prefer to let the legal briefs do the talking. Last week, four of the five major labels – Sony, Universal, BMG and EMI – filed suit against digital music service Launch Media for failing to get proper licenses for its personalized LaunchCast service, which allows listeners to rate songs so that they hear some songs more frequently and some not at all. The company files a countersuit against 4 of the Big Five record labels, asking a judge to rule that its personalized music service is legal.
http://www.thestandard.com/article/0,1902,26849,00.html

With Purchase of Myplay, Bertelsmann Reasserts Claim to Online Music Dominance
The last few months have seen the major labels play a game of one-upsmanship when it comes to staking a claim to online dominance. On Wednesday, Bertelsmann again made the case that it's the one to watch in music distribution on the Web. The German-based giant announced its purchase of myplay, a pioneer in the development of so-called online music ''lockers,'' saying the acquisition, which was thought to cost $30 million, represented the final piece of its technology strategy.
http://www.inside.com/jcs/Story?arti...1920&pod_id=13

01-06-01, 06:43 PM	#3
walktalker The local newspaper man Join Date: Aug 2000 Location: Montreal Posts: 2,036	It's not even over yet ! Hot on the Trail of Credit Crooks This probably won't shock anyone who's ever made a credit card transaction online, but there's a lot of fraud going on out there. Fraud costs American companies a whopping $400 billion a year, according to the U.S. Association of Certified Fraud Examiners. In Britain, the Telecoms UK Fraud Forum believes $1.575 billion is lost annually to telecom fraud, while the British Bankers Association says 200 million pounds disappear annually in credit card scams. Yet despite such figures -- and perhaps due to a wariness of CRM software that is often complex and costly -- many companies are doing little about it. http://www.wired.com/news/ebiz/0,1272,44203,00.html SETI At Home Servers Invaded, Users Spammed Web servers that harness the distributed power of thousands of volunteers' screen savers to search for signs of extra-terrestrial life were duped into giving spammers thousands of e-mail addresses over Memorial Day weekend, Newsbytes has learned. SETI at Home Director David Anderson said the perpetrators didn't actually hack into SETI servers, but instead tricked them into sending back e-mail addresses for roughly 50,000 out of SETI's 3 million users. http://www.newsbytes.com/news/01/166384.html Microsoft Aims To Conquer The Net Microsoft's brain trust was in full evangelizing mode this week. The company's top executives were dispatched to London, New York, Chicago and other cities to trumpet the store-shelf arrival of Office XP, the latest version of its word-processing, spreadsheet and slide-presentation software. Microsoft has fashioned XP into its weapon of choice for subjugating the Internet, just as it conquered desktop PCs. Gates and his cohorts aim to use XP to begin herding computer users and software developers toward Microsoft's notion of what life on the Internet ought to be. XP makes it easier than ever for Microsoft to steer consumers to goods and services supplied by Microsoft and its allies on the Internet — eventually putting Microsoft in the center of a vast array of Internet transactions. http://www.newsbytes.com/news/01/166365.html Launch Media Returns Fire Suit, countersuit. When it comes to digital music licensing, the major record labels prefer to let the legal briefs do the talking. Last week, four of the five major labels – Sony, Universal, BMG and EMI – filed suit against digital music service Launch Media for failing to get proper licenses for its personalized LaunchCast service, which allows listeners to rate songs so that they hear some songs more frequently and some not at all. The company files a countersuit against 4 of the Big Five record labels, asking a judge to rule that its personalized music service is legal. http://www.thestandard.com/article/0,1902,26849,00.html With Purchase of Myplay, Bertelsmann Reasserts Claim to Online Music Dominance The last few months have seen the major labels play a game of one-upsmanship when it comes to staking a claim to online dominance. On Wednesday, Bertelsmann again made the case that it's the one to watch in music distribution on the Web. The German-based giant announced its purchase of myplay, a pioneer in the development of so-called online music ''lockers,'' saying the acquisition, which was thought to cost $30 million, represented the final piece of its technology strategy. http://www.inside.com/jcs/Story?arti...1920&pod_id=13