Giant online security hole getting fixed, slowly (AP)
AP - A giant vulnerability in the Internet's design is allowing criminals to silently redirect traffic to Web sites under their control. The problem is being fixed, but its extent remains unknown and many people are still at risk.
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Cisco earnings up 4 percent, beating forecasts (AP)
AP - Cisco Systems Inc. said Tuesday that sales would be weaker than analysts had forecast in the next few quarters, but investors who had expected worse were cheered.
Revised Yahoo vote reveals more disdain for board (AP)
AP - Yahoo Inc. has revised the results of a closely watched shareholder vote on its much-maligned board after discovering an error by a tabulation firm grossly exaggerated the number of ballots backing the directors.
11 charged in connection with credit card fraud (AP)
AP - The Department of Justice announced Tuesday that it had charged 11 people in connection with the hacking of nine major U.S. retailers and the theft and sale of more than 40 million credit and debit card numbers.
UrbanDaddy heads south to Miami (CNET)
CNET - Since the new-media press has been gushing about e-newsletter start-ups for the past few hours, here's another tidbit: UrbanDaddy, a daily missive about luxury culture for the young and hedonistic, is set to announce its Miami regional edition, adding to New York, San Francisco, Los Angeles, Las Vegas, and a "Jetset" travel edition. (For the record, that's "daddy" as in "mack daddy," as this e-newsletter clearly has zilch to do with parenting.)
Time Warner to split AOL in two, beats estimates (Reuters)
Reuters - Time Warner Inc said it would split AOL's dial-up Internet and advertising businesses into separate divisions by early 2009 and reported a slightly higher-than-expected quarterly profit, citing strong cable advertising sales and films like "Sex and the City."
India's Airtel to launch 3G iPhone on Aug 22 (Reuters)
Reuters - Bharti Airtel , India's top mobile operator, said on Wednesday it would launch Apple Inc's third-generation iPhone in India on August 22.
Sprint Nextel reports 2Q loss (AP)
AP - Sprint Nextel Corp., the nation's third-largest wireless carrier, said Wednesday it swung to a second-quarter loss on severance and other charges but still beat Wall Street expectations and said it had slowed customer defections.
AT&T Jumps Into Cloud Computing With Synaptic Hosting (TechWeb)
TechWeb - Intelligent Enterprise - Synaptic Hosting will allow companies to host Windows Server or Linux client-server applications and Web apps in AT&T's data centers, rather than in their own data centers.
UBS says Microsoft aims for $20 billion buyback: report (Reuters)
Reuters - Microsoft Corp will buy back as much as $20 billion of its stock to boost its flagging share price, Bloomberg News quoted a top-rated software analyst as saying.
Micron Prepares To Ship 256GB Solid-State Drive (NewsFactor)
NewsFactor - Micron announced Tuesday that it will soon begin delivering 256GB solid-state drives for notebooks and servers. SSDs have quicker access times and consume less power than standard SATA or SCSI hard drives.
Sega capitalizes on Olympics with 'Beijing 2008' (AP)
AP - The Beijing Olympics are about to get under way. And thanks to NBC and its assorted networks and Web sites, you'll be able to spend the next two weeks pondering the intricacies of sports you never cared about before.
Banking by phone for the poor (AP)
AP - It can scale mountains in a single bound and wend its way down the most wretched roads. It is the mighty cell phone signal — and the latest hope for bringing financial services to the world's masses who don't have access to banks.
Scientists hope for new tricks in data analysis (AP)
AP - It turns out even computers can have information overload.
11 charged in connection with credit card fraud (AP)
AP - Authorities have cracked what is believed to be the largest federal hacking and identity theft case ever, involving the theft and sale of more than 41 million credit and debit card numbers.
Edison: Free energy-saving PC software (CNET)
CNET - Although power management software has been around for years, there's clearly room for improvement, particularly with rising energy prices and environmental awareness.
France's Publicis to buy search unit from Google (Reuters)
Reuters - Publicis is to acquire a search marketing services provider from U.S. search engine group Google Inc as part of its push into digital advertising, the French advertising company said on Wednesday.
Mexico's America Movil sets regional iPhone launch (Reuters)
Reuters - America Movil, the largest cell phone operator in Latin America, on Wednesday said it would begin selling Apple Inc's iPhone this month in 10 countries within the region.
Sprint Nextel reports 2Q loss, its stock slides (AP)
AP - Sprint Nextel Corp., the nation's third-largest wireless carrier, said Wednesday it swung to a second-quarter loss on severance and other charges but still beat Wall Street expectations.
Mozilla's Aurora Shows Concepts for Future Browsers (NewsFactor)
NewsFactor - Like cars, buildings and airplanes, browsers can have concept models. That's the idea behind Aurora, a new "concept browser" from the Mozilla Foundation.
Scouts fall-in online to do their virtual best (Reuters)
Reuters - Many Scouts may still meet in damp draughty village halls, but those wanting to widen their circle of friends have also joined up in the virtual world on social networking Web site Facebook.
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