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OCAU News
Tuesday Evening (1 Comments) (link)
 Tuesday, 3-July-2007  22:12:45 (GMT +10) - by Rational

Wow, 3rd newspost for the day, certainly a lot happening around.

Bill Gates is no longer the richest man in the world after the stocks of a Mexican telecommunications boss spiked. Mexican tycoon Carlos Slim is the world's richest man, worth an estimated $US67.8 billion, after overtaking Microsoft founder Bill Gates, according to a respected tracker of Mexican financial wealth. A 27 per cent surge in the share price of America Movil, Latin America's largest cell phone operator controlled by Slim, from March to June made him close to $8.6 billion wealthier than Gates, said Eduardo Garcia in Sentido Comun, the online financial publication he founded.

Bigpond is cutting back VOIP functionality on bundled modems, thanks Sniper4800. BigPond has started distributing "2wire" modems with VoIP built-in to ADSL customers, but has ordered the manufacturer to remove the VoIP functionality from the modem's firmware. The modem has an inbuilt analogue telephone adaptor, which would allow customers to plug in a standard phone such as a Telstra Touchfone and make calls over the internet.

Universal Music is set to revise their iTunes music deal. Universal Music Group is reported not to be renewing its annual contract to sell its music through Apple's iTunes. The New York Times quoted unnamed executives as saying that Universal had decided to have monthly deals instead. That would allow Universal to remove songs by some or all of its artists quickly if there are disagreements on terms and pricing in the future.

A West Australian inventor has come up with interesting wind turbine design suitable for your roof. Generally speaking, wind turbines have been reserved for more macro-scale operations, but a West Australian inventor "believes he has developed a way to generate electricity for homes using wind power." This residential approach utilizes a modular turbine that is minuscule enough to perch atop nearly any roof without causing too much unsightliness, and can create power for the house to consume as the wind pushes its blades.

The BSA is increasing the potential reward for dobbing in pirates. Do you work for a business that's pirating software for its own internal use? If so, you could be in for a windfall if you report it to the Business Software Alliance (BSA) in time. The BSA announced today that they are increasing their reward ceiling for accurate piracy reports to a big, fat $1,000,000. The increased reward amount is a special promotion which will be accompanied by radio and online ad campaigns; it will expire after October. After that, the reward returns to its regularly scheduled payload of $200,000.

AllofMP3 has been closed down after a long battle by the record industry. The controversial Russian music download site allofmp3.com has closed. The service, which sold songs at a fraction of the cost of other sites, claimed to be the second biggest seller of music downloads after iTunes. It was the subject of countless lawsuits from UK and US record labels that claimed it violated copyright law. The site's owners, MediaServices, maintained the site was legal under Russian law and has subsequently set up a new service called mp3Sparks.com.

IBM has has established a Nuclear power centre to help the advancement in nuclear power stations run on IBM software and hardware. Most of us tend to smile quietly when we see a licence clause that states software is not to be used to run a nuclear power plant. But some people do run them, and that's why IBM is establishing a global centre of excellence for nuclear power.

Researchers have already spotted flaws in the Apple iPhone. The game is on for hackers trying to spot security vulnerabilities in Apple's iPhone and already they're scoring points. Less than 72 hours after the iPhone's introduction, researchers have reported at least one flaw that could allow an attacker some level of control over the device, while other hackers have uncovered passwords hiding in Apple software that could prove key in gaining root access, they said.



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All original content copyright James Rolfe. All rights reserved. No reproduction allowed without written permission.