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Microsoft lets go of 5,000 as net incomes slips over netbook craze

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Microsoft blames slumping software client revenues blamed on weak PC sales brought mounting consumer interest in low-cost netbooks for the company's latest woe
Security

Doubleclick downed by denial of service attack

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Internet advertising company DoubleClick Inc. was shut down Tuesday by a denial of service (DoS) attack launched from computers on the Internet, a company spokesperson confirmed.
Government & Public Sector

WorldCom’s Ebbers expected to face federal charges

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Bernard Ebbers, the former chief executive officer of WorldCom Inc., will be indicted on federal fraud charges related to his former company's US$11 billion accounting misstatement, according to news reports.

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