📅 - A new variant of the W32.Yaha.K@mm Internet worm has infected thousands of computers throughout the holiday season.
The worm arrives in the form of a .exe or .scr e-mail attachment with a variety of subjects and messages. The worm stops anti-virus and firewall processes on personal computers. It uses its own SMTP engine to e-mail itself to all the contacts in the Windows Address Book, MSN Messenger, .NET Messenger, Yahoo Pager, and all the files whose extensions contain the letters HT. The e-mail message has randomly chosen the subject line, message, and attachment name. This threat is written in the Microsoft C++ language. It would also appear that either directly or indirectly, the virus' author has exploited a flaw in the industry-naming scheme used for identifying viruses. Users and Web hosts are advised to use caution, since the worm identifies itself using several identifying aliases.
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📅 - Equinix Completes Merger and Transactions - Internet exchange service provider Equinix Inc. (Equinix.com) announced on Tuesday that it has completed the series of deals, first announced in October, designed to reduce the company's debt, extend its position in Asia-Pacific through acquisitions and improve the company's current cash position. As part of the set of transactions, Singapore Technologies Telemedia Pte Ltd, through its subsidiary STT Communications Ltd., has made a $30 million strategic investment in Equinix. Equinix also announced that it has merged the assets of Internet infrastructure services company i-STT into its business, and has completed the acquisition of neutral Internet exchange data ce
📅 - IBM to Release Open-Source Software - According to reports released last week, computer systems developer IBM plans to release an open-source version of the software behind its upcoming Storage Tank technology in order to encourage broader acceptance of the next-generation storage system. The company is reportedly working with an open-source group on the software, and will release the code when the product is made generally available in 2003. The Storage Tank system is a technology designed to get more out of existing storage systems, and make them easier to manage. Storage Tank allows users to link existing systems, allowing larger amounts of data to be stored. Rather than storing ?metadata,?
📅 - DSL.net Acquisition Bid Approved by Court - Broadband communications service provider DSL.net (dsl.net) announced on Monday that it has received court approval for its bid to acquire the network assets and associated subscriber lines of Network Access Solutions Corporation (NAS). The approval, says DSL.net, came following a hearing before the US Bankruptcy Court for the District of Delaware. NAS filed a voluntary petition for Chapter 11 reorganization in June of 2002. According to DSL.net's approved bid, the purchase price for the company will be $14 million, including $9 million in cash and a $5 million note. The deal is expected to close at about the middle of January 2003, if conditions are satisfied.
📅 - Goldman Sachs Predicts Conservative IT Spending - U.S. enterprises will be conservative towards IT purchases, according to a new survey published by investment firm Goldman Sachs (goldmansachs.com). The survey indicates that average spending on computer hardware and software by U.S. businesses will decline by one per cent this year compared with last year. Goldman Sachs conducted the survey in December, as most companies completed their 2003 budgets. The number of survey respondents that expect to put off higher IT spending until 2004 or later jumped from 26 per cent to 43 per cent. The outlook for long-term growth in spending declined to 5 per cent from 6 per cent to 7 per cent previously.
📅 - Fujitsu, IBM best HP in server performance test - According to a test recently administered by the Transaction Performance Council (TPC), Fujitsu and IBM have bested HP server performance. By doubling the memory in its 32-processor p690 Regatta server from 256GB to 512GB, IBM increased its speed measurement from 403,000 to 428,000 transactions per minute. This is a multiple fraction faster than the 423,000 from HP's 64-processor. The TPC test measures the performance of a server handling simulated database transactions such as inventory validation, orders placements and payment recording. The benchmark allows corporate customers to evaluate server performance. Test results can be accessed a
📅 - Avecho states one in 200 U.K. e-mails viral - According to statistics released today by anti-virus software vendor Avecho (avecho.net), approximately one in every 200 e-mails sent in the UK during 2002 contained a computer virus. This has doubled from figures in previous years. The cost to the UK business market of a single new virus attack exceeds £2 billion in repair, lost time and revenue. The average cost to the small to medium sized business is more than £800 for every infection. The ratio of viruses in e-mail traffic has grown alarmingly despite huge investment in anti-virus technology and according to the established anti-virus vendors, is set to continue. Avecho claims to be the worl
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