Wang's Edge computer empire fails, owing $40m
The Australian business empire of computer entrepreneur Johnson Wang has
collapsed, owing about $40m to creditors, including an estimated $17m to
Spike gets $29.6m lifesaver
Shareholders of Spike Networks voted unanimously for a
$29.6m lifeline from Pacific Century Cyberworks
yesterday that will result in the formation of an Asia
Pacific-focused web services joint venture...
Wang flies out as empire collapses
Edge Group, the personal computer empire of Chinese-Australian
entreprenuer Mr Johnson Wang, slipped into receivership yesterday,
collapsing under an estimated $30 million worth of debt...
Salon.com Slashes Budget
The online magazine Salon.com is slashing its operating budget by 20 percent and laying off 13 of its 140 staff
members, becoming the latest casualty of an emerging Internet shakeout...
Internet Killer Lured Victims With Jobs, Sex
A Kansas man suspected of being a serial killer may have lured some of his female victims via the Internet with
promises of work and job training or offers of sexual escapades, investigators said on Thursday...
MS issues Outlook security patch
Virus writers have climbed through Outlook
holes to spread their handiwork. The new patch could
make their job more difficult...
CD Universe evidence compromised
Even if authorities catch the hacker who
stole 300,000 credit card numbers from CD Universe,
they probably won't be able to prosecute...