The Inet Report

News and Information on the Internet
Nov 30

(InfoWorld) - The U.S. Department of Commerce (DOC) has approved an agreement for VeriSign Inc. to continue to operate the .com domain for six more years, despite objections about pricing and security.
The department has approved the .com agreement submitted by the Internet Corporation for Assigned Names and Numbers (ICANN), the nonprofit organization that oversees the Internet’s technical infrastructure, VeriSign announced Thursday. The current .com contract expires in late 2007.
The approval comes even though domain-name registrar GoDaddy.com criticized the deal in September, saying it should include infrastructure build-out requirements and make the company justify built-in price increases. Also in September, registrar Network Solutions released a report saying ICANN has failed to address security in its latest proposals for the .com, .biz, .info and .org top-level domains.
But VeriSign officials noted that the .com domain has never crashed under its control during the last seven years.
The ICANN agreement "strengthens the security and stability of the Internet relied on [...]

Original post by NewsNetPlus search for internet and software by Elliott Back

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Nov 30

(InfoWorld) - Intuit"s move to acquire financial services vendor Digital Insight this week,  and 3Com Corp."s deal to buy out Huawei Technologies Co. Ltd"s stake in their joint venture are signs that mergers and acquisitions activity continues unabated. The question is what this means for technology generally.
M&A activity is being seen as a healthy sign for technology. Mergers and acquisitions, however, can be a sign of consolidation in a mature market sector with slowing demand — in cases where there are too many suppliers for aging technology. Or it can be a sign of a vital, competitive sector and positive macroeconomic conditions such as a liberal lending environment and a healthy stock market.
In terms of transactions, 2006 is expected to yield 3,945 M&A deals, up from 3,455 in 2005 and the highest number ever, according to Eric Gebaide, managing director of Investment Advisors, a New York investment firm. The M&A [...]

Original post by NewsNetPlus search for internet and software by Elliott Back

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Nov 30

AP - The government issued an alert Thursday to U.S. stock market and banking Web sites about a possible Internet attack from a radical Muslim group, but said the threat was unconfirmed and seemed to pose no immediate danger.

Original post by NewsNetPlus search for internet and software by Elliott Back

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Nov 30

<p><a href="http://us.rd.yahoo.com/dailynews/rss/tech/*http://news.yahoo.com/s/nm/20061201/wr_nm/security_usa_qaeda_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20061116/2006_11_15t185632_450×285_us_security_usa_qaeda.jpg?x=130&y=82&sig=eCjhjOHXAnJutYh2r92StQ–" align="left" height="82" width="130" alt="An image taken from an Internet posting by al Qaeda's media arm, al Sahab on September 11, 2006, shows Osama bin Laden speaking in an unknown location. Bin Laden may be the leading symbol of global Islamist militancy but the al Qaeda leader wields less influence over Islamist ideology than more obscure religious thinkers, according to a new study issued on Wednesday. (Handout/Reuters)" border="0" /></a>Reuters - The U.S. government warned on
Thursday of a possible al Qaeda call to attack U.S. financial
online services but said there was no evidence to suggest the
effort could cause harm.</p><br clear="all"/>

Original post by NewsNetPlus search for internet and software by Elliott Back

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Nov 30

Read full story for latest details.

Original post by NewsNetPlus search for internet and software by Elliott Back

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