Archive for the ‘Good’ Category

Microsoft’s Annual Revenue Surpasses $50 Billion

July 20, 2007

Microsoft Corp. today announced revenue of $13.37 billion for the quarter ended June 30, 2007, a 13% increase over the same period of the prior year. Diluted earnings per share for the quarter were $0.31. Excluding $0.08 of previously announced charges primarily related to Xbox 360™ warranty policies, earnings per share would have been $0.39, an increase of 26% over the same period of the prior year when also adjusted for certain items. For the fiscal year ended June 30, 2007, Microsoft announced revenue of $51.12 billion, a 15% increase over the prior year. Diluted earnings per share for the year were $1.42. Excluding certain items, earnings per share would have been $1.49, an increase of 17% over the prior year when also adjusted for certain items. $31 billion in cash, or approximately 175% of operating cash flow, was returned to shareholders during the year through share buybacks and dividends. “Surpassing $50 billion in annual sales is a testament to the innovation and value that our product groups delivered into the marketplace, as well as the outstanding execution by our field sales, marketing teams and partners to bring that value to life with our customers,” said Kevin Turner, chief operating officer at Microsoft. “In fiscal year 2008, we will continue to drive growth through new product offerings, such as Windows Server® 2008, Visual Studio® 2008, SQL Server™ 2008, Office PerformancePoint™ Server 2007, and Microsoft Dynamics™ Live CRM.””

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RIAA Admits ‘Stream-ripping’ Is Not A Problem

July 19, 2007

I guess this is about as close to good news as you’re going to get when it concerns the RIAA.

“The Digital Freedom Campaign today responded to a statement made by RIAA Senior VP of Govt Relations, Mitch Glazier in a recently noted that stream ripping, an unrelated issue to the current Internet radio royalty rate debates, was not necessarily a problem.

Mr. Glazier, addressing the logic behind a sudden effort by the recording industry to require webcasters to adopt anti-stream ripping technology was asked whether stream-ripping was even a problem, stated, “why wait until it is a big problem to start addressing it? There are available technologies in the marketplace to address this issue.” The ‘stream-ripping’ issue is not relevant to the Internet royalty rate decision by the Copyright Royalty Board in March, and was not mentioned in the CRB ruling.

“The music industry’s top lobbyist is calling for the implementation of a burdensome, costly, and completely unnecessary technology by webcasters who play and promote the artists the RIAA claims to represent. He then admits that the issue is “not a big problem,” said Jennifer Stoltz, a spokesperson for the Digital Freedom Campaign. “For the RIAA to try to impose unrealistic and wholly unnecessary technical mandates on an innovative and vibrant industry as part of larger, unrelated negotiations process is baffling.”

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Microsoft Says Xbox 360 Failures “Unacceptable”, Does The Right Thing

July 5, 2007

“Microsoft has made some announcements that point to problems with the Xbox division.First off, Microsoft acknowledged the Three Rings Of Death problem, calling it “unacceptable”, offering a hugely extended warranty for consoles with the fatal error. All new 360s have a one-year warranty, but 3-ring consoles receive a special 3-year warranty from date of purchase, complete with free shipping. The cost of this new program will be $1.05-1.15 billion for the previous quarter, a major hit to the stock and the bottom line.

Microsoft is doing a very good thing for its customers, finally acknowledging a problem and fixing it for three years, at a great cost to itself. The 360 shipped with a major manufacturing defect, and they are paying over a billion dollars to repair it. I’m thrilled that Microsoft is doing this, but saddened that the company has to take such a major blow. Thanks to this, the Xbox division is going to have a hard time making a profit in the forseeable future.

If you have had to pay to repair your console, ever, for ring of death errors, you will receive a full refund. What about customers like me, who did the smart thing and paid for an extended warranty? It looks like we’re screwed, but I will be calling Best Buy for a refund, and let you know how it goes.”

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Two Men Convicted Of Spamming Pornography

June 26, 2007

“Both men now face up to 30 years in prison and half a million dollar fines.”   GOOD!

” Two men were convicted Monday of spamming out millions of e-mail messages that included hardcore pornographic images.

Jeffrey A. Kilbride, 41, of Venice, Calif., and James R. Schaffer, 41, of Paradise Valley, Ariz., were convicted on eight counts in U.S. District Court in Phoenix, Ariz. Both face a maximum of 30 years in prison, along with a fine of up to $500,000. They’ll be sentenced on Sept. 24.

The charges included conspiracy, fraud, money laundering, and transportation of obscene materials. The trial, which began on June 5, was the first to include charges under the CAN-Spam Act of 2003, according to a release from the Department of Justice. The specific law that prosecutors used under the CAN-Spam Act was designed to crack down on the transmission of pornography in spam.

“Through their international spamming operation, these defendants made millions of dollars by sending unwanted sexually explicit e-mails to hundreds of thousands of innocent people, including families and children, while simultaneously using sophisticated Internet technology to try to conceal their identity,” said Assistant Attorney Alice S. General Fisher. “This prosecution, the first of its kind under the CAN-Spam Act, demonstrates the Department of Justice’s commitment to protect American families from receiving unsolicited spam e-mail.”

According to prosecutors, in 2003, Kilbride and Schaffer set up a spamming operation that would eventually gross more than $2 million. Their business model consisted of sending millions of spam messages which advertised commercial pornography Web sites. For each person that followed a link to one of the porn sites, Kilbride and Schaffer earned a commission. Hard-core pornographic images were embedded in each e-mail.”

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“Spam King” Pleads Guilty In U.S. Federal Court

June 12, 2007

From Slashdot

“It looks like ‘Spam King’ Adam Vitale has finally plead guilty to violation of the CAN-SPAM Act of 2003 in federal court in New York City. ‘The indictment said that in less than a week in August 2005, Vitale and Moeller sent e-mails on behalf of the informant to more than 1,277,000 addresses of subscribers at AOL, the online division of Time Warner Inc. Vitale will be sentenced on September 13 when he faces a maximum sentence of 11 years in prison. Moeller, who lives in New Jersey, faces the same charge.’ We discussed Vitale’s arrest back in February.”

GMail Attachments Double to 20MB

May 22, 2007

“Google’s GMail attachment size has been doubled, from 10 MB to 20 MB, meaning you can now send bigger files in one email.The service may not be live yet, and it has been pointed out that most of the other email services won’t support your receiving 20 MB worth of attachments, unless the person you’re sending an email to has a premium email account such as Yahoo Mail Plus. I guess you’ll just have to stick with emailing 20 MB worth of attachments to other GMail users, for the time being. Google is often the first mover to increase size restrictions for its free email service. Yahoo recently increased its free email storage capacity to support an unlimited amount.

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Spammer: Sue Me. Email Recipient: Ok…

March 13, 2007

There’s a Scottish saying, “They that dance must pay the fiddler.” Now it seems there should be another: “They that spam must pay the Scot”. Fed up with the daily deluge of spam he received, Gordon Dick of Edinburgh, Scotland, decided to sue one of his inbox invaders–and won.”

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Run .NET apps in Linux

February 21, 2007

Now this is something that could help Linux out quite a bit.  Especially if your favorite Windows-only apps are developed using .NET.

Mono – open source tool allowing Linux to run the .NET apps

Slashdot Story