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From: inttk2004 <[EMAIL PROTECTED]>
Date: Jul 11, 2007 7:46 PM



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INTERNET THINK TANK

FLASH NEWS

July 12, 2007

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About Us

Internet Think Tank is a portal software and development firm
specializing in portal modules, portal development tools and
customized portal programming/deployment. Through portal technology,
Internet Think Tank envisions enormous opportunities to enhance how
people and companies interface with the Internet.
Visit our website at http://www.inttk.com

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Business

*Larry Ellison's NetSuite Files for $75 Million IPO
Billionaire Larry Ellison's NetSuite software company, which sells
computer programs accessed over the web, filed on Monday to raise up
to $75 million in an initial public offering. Ellison, the founder and
chief executive of Oracle controls 74% of NetSuite common stock,
according to the company's S-1 filing with the U.S. Securities and
Exchange Commission. The company posted $67 million in revenue last
year and is among the oldest players in the rapidly growing market for
"on demand" software, but NetSuite has yet to turn a profit. On demand
software has become an attractive target for investors, largely due to
the success of Salesforce.com <http://salesforce.com/>, whose shares have
quadrupled since its
IPO three years ago to a total market capitalization of almost $5
billion. Salesforce was founded in 1999 by Marc Benioff, a former
Oracle executive and protegee of Ellison. In its most recent fiscal
year it pulled in almost $500 million in revenue and reported net
income of $2.7 million.
(Source: http://www.usatoday.com )

*Apple Creaming Profits on iPhone
Apple's iPhone could deliver a profit margin of more than 55 per cent
after hardware and manufacturing costs, research firm iSuppli said on
Tuesday, sending shares in the company up nearly 5 per cent.
The iSuppli report provided a glimpse into the financial model of the
iPhone, which hit U.S. stores on Friday, and gave a new boost to
Apple. Some analysts had predicted the company's shares would grind to
a halt or even drop after gaining more than 30 per cent in the run-up
to the iPhone launch. Based on an examination of the iPhone's
components, iSuppli estimated that its hardware and manufacturing cost
was $US265.83 ($NZ330), or almost 45 per cent of a $US600 retail price
for its more expensive model with eight gigabytes of storage. That
leaves a profit margin of more than 55 per cent, but does not include
costs such as royalties or logistics.
(Source: http://www.stuff.co.nz )

*Dell Expands Retail Plans Overseas
Dell is continuing its expansion into the retail world, something
analysts have said is long overdue. Today Dell announced plans to soon
sell desktop and laptop computers in certain retail outlets in the Far
East. Just which stores in which Asia-Pacific nations were not
disclosed. Paul-Henri Ferrand, the head of Dell's operations in the
Asia-Pacific region, excluding Japan, China and South Korea, made the
announcement at Dell's Asia headquarters in Singapore. Ferrand said
Dell is seeking different partners and chains to sell a range of
computers, from low-end to high-end, and it needs partners in each
country. As a result, there are no details on availability for now.
"We are working with partners to come up with the best way to connect
with our customers," Dell spokesperson Bob Kaufman told
internetnews.com. "This is part of our evolving global strategy to
find opportunities not only in the U.S. but outside the U.S., to
connect with customers we haven't necessarily connected with in the
past."
(Source: http://www.internetnews.com )

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Portals

*Social Sites Reveal Class Divide
Fans of MySpace and Facebook are divided by much more than which music
they like, suggests a study. A long-term research project has revealed
a sharp division along class lines among the American teenagers
flocking to the social network sites. The research suggests those
using Facebook come from wealthier homes and are more likely to attend
college. By contrast, MySpace users tend to get a job after finishing
high school rather than continue their education. The conclusions are
based on interviews with many teenage users of the social networking
sites by PhD student Danah Boyd from the School of Information
Sciences at UC Berkeley. In a preliminary draft of the research, Ms
Boyd said defining "class" in the US was difficult because, unlike
many other nations, it did not map directly to income. Instead, she
said, class in the US was more about social life and networks - how
people define themselves and who they define themselves with.
(Source: http://news.bbc.co.uk )

*EBay Brings Kijiji Stateside
Ebay's Craigslist clone is open for business in the United States. The
site was launched in 220 cities and 50 states on June 29th. Named
Kijiji.com <http://kijiji.com/> after the Swahili word for "village," the
free, local,
community-based classifieds site has operated since its 2005 founding
in Canada, France, Germany, Italy, China, Japan, Taiwan, Austria,
Switzerland, and India. Call the time overseas Kijiji's study abroad
experience, eBay spokesperson Hani Durzy told internetnews.com. "We
learned a lot abroad and we're ready to apply these learnings to the
U.S. market," Durzy added. He said the classifieds site has done
particularly well over the past two years in Canada, Germany, France
and Taiwan. For example, it's the most popular site of its kind in
Paris, Durzy noted.
(Source: http://www.internetnews.com )

Kijiji
http://www.kijiji.com/

*Wikipedia Remains Go-To Site for Online News
Online encyclopedia Wikipedia has added about 20 million unique
monthly visitors in the past year, making it the top online news and
information destination, according to Nielsen/NetRatings. In May,
Wikipedia had 46.8 million unique visitors, up 72 percent from June
2006, NetRatings said. Wikipedia also has finished on top of the news
and information category every month this year--ranking ahead of
Landmark Communications' Weather Channel site by an increasing
margin--topping out with a disparity of about 10 million visitors in
May. The site, operated by the nonprofit group Wikimedia Foundation,
is user-run with thousands of editors and administrators constantly
making edits, starting new pages and correcting mistakes. Although
this open-access format often is mentioned as a negative because pages
are subject to misinformation and online vandalism, it also is its
greatest strength, especially when a major news story breaks and the
pages can be updated almost in real time.
(Source: http://news.com.com )

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Internet

*China Set To Be Broadband King
China is on pace to pass the U.S. to become the largest broadband
market later this year as video, e-commerce and online gaming fuel
demand. And the country has just scratched the surface. China added
4.5 million high-speed connections in the first three months of 2007
to 56.3 million, says research firm point 15pic. The U.S. ended the
first quarter with 60.4 million. China still lags the U.S. and many
other countries in broadband "penetration." Just 4.3% of its 1.3
billion people and 14.3% of households have speedy Internet
connections, says point 15pic. In America, 52.7% of households have
broadband, less than most other rich nations and well below South
Korea's 90% penetration.
(Source: http://news.yahoo.com )

*Microsoft Offers Web Storage
Microsoft is giving computer users up to 500 megabytes of online
storage for their documents, music, photos and video. Microsoft made
an early, "beta" version of the web-based file storage system
available to 5,000 people on Tuesday night in its latest effort to
bulk up its online offerings and fend off challenges from Google. The
beta will be widely available later this summer. The service gives
users who email documents between home and work computers an
alternative way to access their files on the go. Users can keep files
private or share them with people they know or with anyone on the web.
Rumors and leaked details have circulated for more than a year that
"Live Drive" was in the works. Microsoft, however, is calling its new
service "Windows Live Folders" - and it'll get another name change
when the final version launches. Time Warner's AOL already offers 5
gigabytes of free online storage - 10 times more than Microsoft's
offering - through its Xdrive unit.
(Source: http://www.smh.com.au )

*One-Third of Teens Claim to Experience "Cyberbullying"
Roughly a third of all teenagers who use the Internet have been
subject to some form of cyberbullying, according to a new report by
Pew Internet. The telephone survey was conducted on a representative
sample of 935 teens in the US between the ages of 12 and 17 and
revealed a number of observations about manipulative and bullying
activity online. However, despite the fact that so many teens had
experienced some level of cyberbullying, two-thirds of the group said
that they believed more bullying occurred offline than on. The level
to which teens have been bullied online varies from "slightly
annoying" to death threats. One in six (about 15 percent) told Pew
that private communications-IM logs, e-mails, or text messages-had
been posted publicly by someone else or forwarded around.
(Source: http://arstechnica.com )

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Weekly Quote

"This report recommends that policy makers proceed with caution in the
evolving, dynamic industry of broadband Internet access, which
generally is moving toward more - not less - competition. In the
absence of significant market failure or demonstrated consumer harm,
policy makers should be particularly hesitant to enact new regulation
in this area."

--Chairman Deborah Platt Majoras. The report, entitled "Broadband
Connectivity Competition Policy," was drafted in response to growing
concerns about broadband competitiveness and network neutrality. The
FTC intends the report to be consulted as a guideline by policy makers
and legislators, but it has no binding force. Nevertheless, the
report's findings are yet another sign that US government agencies are
not particularly interested in the network neutrality problem right
now. In fact, the FTC is essentially saying that they can find no
evidence of a problem to begin with.
(Source: http://arstechnica.com )

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Wireless

*Chinese Regulators Find Mobile Phone Batteries That Can Explode
After concerns over pet food, toothpaste, seafood and defective tires,
China may now have to cope with another consumer product disaster:
exploding mobile phone batteries. Chinese regulators in southern
Guangdong Province, one of the world's biggest electronics
manufacturing centers, said this week that they had found Motorola and
Nokia mobile phone batteries that failed safety tests and were prone
to explode under certain conditions. The batteries were said to be
manufactured by Motorola and the Sanyo of Japan's Beijing operation,
and were being distributed by companies based in Guangdong Province,
which is near Hong Kong and is one of China's biggest export centers.
It is unclear whether any of the substandard and hazardous batteries
entered the export market. The announcement came just a day after
China's state-controlled news media reported that in June a
22-year-old man in western China was killed after his Motorola cell
phone exploded in his shirt pocket.
(Source: http://www.nytimes.com )

*Users Report Faster EDGE Speeds Ahead of iPhone Launch
Users experienced substantial speed increases in AT&T's data network
Thursday night and Friday, fueling speculation that long-rumored
infrastructure upgrades paid off just before the iPhone went on sale.
On Thursday night, AT&T wireless customers using non-Apple cell phones
began citing a bump in throughput on the EDGE-based data network,
posting test results online at places such as Howard Forums. Most
reported speeds of 200 kilobits per second, more than double the
speeds that EDGE (Enhanced Data Rates for GSM Evolution) had been
delivering earlier. EDGE advertises in-the-field download speeds of
between 70 kbps and 135 kbps, though its technical ceiling is 384
kbps. Many users who noted the impressive increases said that their
maximum transfer rate on AT&T before Thursday night was 70 kbps. Even
the 200-kbps download speeds being reported, however, are a far cry
from the numbers achieved by much faster 3G data networks operated by
the likes of Verizon.
(Source: http://www.pcworld.com )

*Sprint Breaks Up with High-Maintenance Customers
The squeaky wheel doesn't always get the grease. At least not if the
squeaky wheel is a Sprint Nextel customer. On June 29, 2007, Sprint
sent letters notifying some customers that their service would be
canceled by the end of July due to excessive calls to customer
service. "Our records indicate that over the past year, we have
received frequent calls from you regarding your billing or other
general account information," the letter reads. "While we have worked
to resolve your issues and questions to the best of our ability, the
number of inquiries you have made to us during this time has led us to
determine that we are unable to meet your current wireless needs."
"Therefore after careful consideration, the decision has been made to
terminate your wireless service agreement effective July 30, 2007."
Subscribers who have gotten letters from Sprint terminating their
service won't have to pay the early termination fee. Their account
balances will also be set to zero. But subscribers will have to sign
up with a new wireless provider by July 30 if they want to keep their
phone numbers. Otherwise, the numbers won't be available after the
Sprint service ends, the letter states.
(Source: http://news.com.com )

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Technology

*Sun Micro to Revamp Solaris with Linux Features
Sun Microsystems Inc. is revamping its Solaris operating system,
incorporating key pieces of rival Linux software in a move that could
gain better support from developers who have massed behind Linux.
Solaris is one of the main varieties of the Unix family of operating
systems, known for their ability to safely and securely handle major
computing tasks rather than for ease of use. Sun itself is known for
its business computers that can handle major corporate loads and it
long has courted programmers who cooperatively develop Linux and other
so-called open-source software, with mixed success. The revamped
Solaris system will have features borrowed from Linux that could make
it easier to use, correspondence on Sun's Web site shows. "This is a
big deal to the extent that it lowers the barrier for adoption of
Solaris," said IDC software analyst Al Gillen.
(Source: http://news.yahoo.com )

*Over 5,500 Projects Slated to Adopt GPL 3
The official final release of the GPL is still a day away, but it's
possible that over 5,500 projects could be migrating to it in very
quickly. Software vendor Palamida, which develops an application that
is used to identify licenses and potential licensing issues, estimates
that at least 5,509 projects have indicated an intention to move to
GPL version 3. The GPLv3 figures are part of a new public online
effort at Gpl3.palamida.com from Palamida to track adoption of the new
license. "FSF (Free Software Foundation) will always be the site for
information about GPLv3," Palamida CEO Mark Tolliver told
internetnews.com. "But as we looked at it [GPLv3] we thought there
would be a lot of interest in which projects have or have not decided
to use GPLv3 and since it's our business to understand that we said
this is an opportunity for us to give back."
(Source: http://www.internetnews.com )

*Google, Yahoo Creating New Social Networks
Bloggers are reporting that Google and Yahoo are working on new social
networks now that their existing services (Orkut and 360,
respectively) have failed to gain traction, except in Brazil in
Orkut's case. Google sponsored a project last year at Carnegie Mellon
University's Human-Computer Interaction Institute that was designed to
"rethink and reinvent online social networking," the Google Operating
System blog reported. The site also has screenshots. Dubbed
"Socialstream," the service would be more like a unified social
network that would allow someone to have accounts on multiple services
but centralized contacts in one location. Meanwhile, at Yahoo there is
a project called "Mosh," according to TechCrunch. The posting was
updated with a job description for a summer intern spot at Yahoo on a
"cool new social network product." According to the post, Yahoo's
looking for someone with lots of friends on MySpace and Facebook and
who is "damn funny."
(Source: http://news.com.com )

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You Tube

*MySpace, Chasing YouTube, Upgrades Its Offerings
Two years ago, millions of MySpace users began adding video clips to
their profile pages, helping to give rise to YouTube, which Google
bought last October for $1.65 billion. This week, MySpace, a division
of the News Corporation, will show that it is serious about
challenging YouTube in the booming world of online video. On Thursday,
MySpace plans to rename and refurbish the video-sharing service on its
popular social network. The new service, called MySpace TV, will be
set up as an independent Web sit (www.myspacetv.com) that people can
visit to share and watch video, even if they have not signed up for
MySpace. The site will also offer some new ways for members of
MySpace, which attracts 110 million users a month, to more easily
integrate the videos they create and watch into their personal
profiles. The company's plan underscores its particular emphasis on
professional video, as opposed to the homemade depictions of wrestling
dogs and cats - the genre known as user-generated content - that are
more prominent on most video sites.
(Source: http://www.nytimes.com )

*Adap.tv <http://adap.tv/> Raises $10 Million for Online Video Ads
Adap.tv <http://adap.tv/>, a San Mateo, Calif. company that provides ads for
online
videos, has raised $10 million — as a slew of competitors, including
Google, try to do the same. The company's technology provides
contextually relevant advertising that runs at the bottom of a video
as it plays. This is sometimes called in-line ads, which are distinct
from many other video-ad providers that include ads that take over the
video player before, during or after the video has finished playing.
Adap.tv <http://adap.tv/> is going head-to-head with a number of other
video-ad
providers — including Scanscout, which raised $7 million in May, and
EveryZing, a video-search company also working on similar technology,
that raised $10 million in June.
(Source: http://venturebeat.com )

________________________________________________________
Security

*US Government Prepares for Cyber War Games
In May, the nation of Estonia suffered a massive distributed
denial-of-service (DDoS) attack on that country's major web sites, an
attack that Estonian officials believed was ordered by the Russian
government in response to the removal of a statue of a Soviet soldier.
Russian officials denied involvement, and third-party investigation
could not determine the source of the attacks, but signs were pointing
towards Russian involvement on some level. Now, US government
officials are sending an investigative team to Estonia to help analyze
the large volume of data that was generated by the attacks and to help
train Estonian IT workers to secure their network infrastructure. More
important, the government is setting up a new organization, the "Cyber
Command," to prepare the country for similar cyber attacks and is also
changing the focus of a scheduled three-week exercise in
September-designed to test the financial sector's ability to respond
to pandemics-to include simulating the response to cyberterrorism.
(Source: http://arstechnica.com )

________________________________________________________
Legal

*MPAA sues Peekvid, YouTVPC
Note to entrepreneurs hoping to build a business using illicit
content: don't grant extensive interviews (complete with pictures) to
the Wall Street Journal. That's what a pair of aspiring hackers did
back in April when they described how their service, YouTVPC, allowed
users to watch streaming TV shows and movies without charge. Now, the
MPAA is cracking down on such sites, filing a lawsuit against both
YouTVPC and Peekvid this week. The case was filed Tuesday in a
California federal court. The gist of the suit is that businesses
should not be allowed to prosper from illicit material, even if they
do not host it. Both YouTVPC and Peekvid provide access to some of the
most popular video content in the world, but they do so by linking up
other sites (many of them outside the US) where the content is stored.
This allows them to claim that they are doing nothing illegal, even
though providing access to this unlicensed material is the extent of
their business.
(Source: http://arstechnica.com/news.ars )

*SAP Admits Wrongdoing in Oracle Suit
SAP conceded today that its subsidiary, TomorrowNow (TN), engaged in
"inappropriate" downloads of Oracle support materials. But SAP CEO
Henning Kagermann insisted his company did not access Oracle's
intellectual property. In its first formal response to a March lawsuit
filed by Oracle accusing SAP of "massive theft," the German software
giant said TomorrowNow was authorized to download materials from
Oracle's Web site on behalf of TomorrowNow customers. "At the same
time, SAP acknowledges that some inappropriate downloads of fixes and
support documents occurred at TomorrowNow," SAP said in a press
statement accompanying its legal response. Kagerman told reporters on
a teleconference, "TomorrowNow made some inappropriate downloads and I
regret that very much. SAP did not have access to the TomorrowNow
downloads."
(Source: http://www.internetnews.com )

*RIAA Sued For Malicous Persecution
An Oregon mother has filed suit against the Recording Industry
Association of America (RIAA) after the organisation withdrew a
two-year legal case against her for alleged file sharing. Tanya
Andersen and her eight year-old daughter were charged with downloading
gangster rap and other music. Andersen, who is disabled and a single
mother, denied the claims and the RIAA decided to drop the case
earlier this month. The woman has now filed papers to sue not only the
RIAA but MediaSentry, a firm which collects evidence of alleged file
sharing activity. Andersen claimed that she asked the RIAA
investigators to check out her computer for illegally obtained
material, but that they preferred to take legal action, claiming that
they knew the time of the file sharing and the user name she was
using. "Instead of dismissing their false claims the defendant record
companies persisted in their malicious prosecution and publicly
libelled her with demeaning and repulsive accusations," the court
papers read. "She has no interest in the violent, profane,
misogynistic and racist music that the RIAA and its controlling member
companies monopolise." The RIAA then agreed to inspect Andersen's
computer and found no trace of any shared music nor the software to do so.
(Source: http://www.vnunet.com )

*Woman Pleads to Stalking Singer
A former national laboratory worker has admitted that she used
government computers to access the e-mail account of Linkin Park lead
singer Chester Bennington and hacked into a cell phone company's Web
site to obtain his phone number. Devon Townsend, 28, appeared Friday
before U.S. Magistrate Judge Robert Scott and pleaded guilty to
charges including stalking and unlawful access to stored
communications. Townsend faces up to five years in prison and fines up
to $250,000 for each count. A sentencing date has not been scheduled.
Townsend's lawyer, Ray Twohig, did not return messages Friday.
Townsend, who worked in Sandia National Laboratories' technology and
manufacturing group, used lab computers to access private information
about Bennington and his wife, Talinda, from January 2006 to November
2006. According to a plea agreement filed Friday, Townsend said she
was able to access family photos, information about a new home bought
by the Benningtons, the couple's travel plans, and correspondence
between Warner Bros. Records and Linkin Park's business attorney -
including a copy of a check made to Bennington from the record company
and a copy of the band's recording contract.
(Source: http://apnews.myway.com )

________________________________________________________
Gadget of the Week

*iPhone 'Sets New Bar': Reviewer
Apple's iPhone has won a strong endorsement from a key technology
reviewer when the Wall Street Journal's Walter Mossberg lavished
praise on the new gadget. "Our verdict is that, despite some flaws and
feature omissions, the iPhone is, on balance, a beautiful and
breakthrough handheld computer," Mossberg said in a review on WSJ.com.
Mossberg, the Journal's chief technology columnist for more than 15
years, is widely regarded as the most influential judge of new
gadgets, software and services, and his pronouncements can strongly
affect how a product is received. The iPhone goes on sale on June 29
in two models costing $US500 and $US600 depending on memory capacity.
It requires a two-year service contract with AT&T Inc running at least
$US60 a month. New York Times technology writer David Pogue also
weighed in with a largely positive review saying that the iPhone lived
up to most of its considerable hype even if it did fall short in some
areas.
(Source: http://www.smh.com.au )

The iPhone Matches Most of Its Hype
http://www.nytimes.com/2007/06/27/technology/circuits/27pogue.html?_r=1&ref=technology&oref=slogin

_______________________________________________________
Tech Terms

traffic shaping

Traffic shaping provides a mechanism to control the volume of traffic
being sent into a network (bandwidth throttling), and the rate at
which the traffic is being sent (rate limiting). For this reason,
traffic shaping schemes are commonly implemented at the network edges
to control traffic entering the network. This control can be
accomplished in many ways and for many reasons but traffic shaping
always simply consists in delaying packets.

_________________________________________________________
On the Web

According to observers across the country, the technology skills
shortage that pundits were talking about a year ago is real--and here
are the skills that are most wanted.
"12 IT skills that employers can't say no to"
http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=9026623&source=rss_news50

Silicon Valley has electricity on the brain: how to generate it, how
to save it, and how to wring the most out of every last watt. Here's a
look at how this single-minded obsession is shaping the future of
computing.
"Power Plays: How power consumption will shape the future of computing"
http://arstechnica.com/articles/paedia/cpu/power-plays.ars

Apple could do a lot more with all the sensors in the iPhone.
"The iPhone's Untapped Potential."
http://www.technologyreview.com/Infotech/18990/

_________________________________________________________
Wired Index

July 11, 2007
21.08
Last Week
+0.00
Year to Date
+17.24%

Guinness Atkinson Global Innovators Fund (IWIRX) tracks the share
prices of 40 public companies, selected by the editors of Wired
magazine to represent the forces driving the new economy. For more
information about the fund including past performance, see the link below:
http://finance.yahoo.com/q?s=iwirx
__________________________________________________________
Internet Think Tank

Internet Think Tank's mission is to enhance the Internet user
interface, making the Internet an effective platform for all computing
and information needs. To learn more about Internet Think Tank's
products and services and the growing portal market, visit our website
at http://www.inttk.com

____________________________________________________________
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Mircea Balaceanu


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