15 Jul | 16 Jul | 17 Jul | 18 Jul | 19 Jul | 20 Jul | document.writeln("


US stocks close higher
New York: Upbeat comments about the US economy from Federal Reserve chairman Alan Greenspan along with a number of strong quarterly earning results helped boost US stocks to a higher close.

Greenspan's comments that 'interest rates will in all probability rise at a "measured" pace' was in expectation with the streets own assesment. While the blue chip Dow Jones industrial average rose 55 points or 0.54 per cent to 10,149, the Standard & Poor's 500 Index gained 7 points or 0.71 per cent to 1,108. Technology bellwether Nasdaq Composite Index was up 33 points or 1.76 per cent to close at 1,917.
Back to News Review index page  

Open access to scientific and medical research
San Francisco, USA: The report released by the Science and Technology Committee of the United Kingdom's House of Commons, "Scientific Publications: Free for All?" insists that the "published output" of UK higher education institutions must be made available such that "it can be read, free of charge, online," and provides a practical roadmap for achieving this goal.

According to the report, "It is not for either publishers or academics to decide who should, and who should not, be allowed to read scientific journals." The report dismisses arguments made by publishers against open-access publishing, and urges the government to take concrete actions in support of open access.
In conjunction with other recent developments in the UK and the United States, this report suggests an international consensus growing in support of the open access movement. Last week, the Appropriations Committee of the U.S. House of Representatives recommended that the NIH immediately develop a policy to make the results of research it funds free online.
Back to News Review index page  

MessageLabs: W32/Bagle.ai virus spreading in the wild
New York, USA: MessageLabs, the leading provider of managed email security services to businesses worldwide, as of yesterday has intercepted more than 20,000 copies of the latest variant of Bagle, W32.Bagle.ai@mm.
More than 15,000 copies of the virus were intercepted within the 45 minutes of the virus being detected by MessageLabs' proprietary Skeptic technology.
Name: W32/Bagle.ai@mm
Time & date first captured: July 19, 2004; 11:22 ET
Origin of first intercepted copy: UK
Bagle.ai is a mass-mailing worm with its own SMTP mass-mailing engine that harvests addresses from infected machines and includes a remote access program. The virus is being sent with multiple attachment types. In some cases, the body of the message contains a password for attached password-protected ZIP files. The virus can copy itself to file sharing folders common, for example, with peer-to-peer networks, and can terminate existing security applications processes.
Attachment names (with com, cpl, exe, scr, zip extensions) are:
Cat, Cool_MP3, Dog, Doll, Fish, Garry, MP3, Music_MP3
Email Characteristics
From: Random, spoofed email address
Subject: Random
Size: Varies
MessageLabs is in the process of confirming spreading methods, which may include peer-to-peer networks. MessageLabs is the leading provider of managed email security services to businesses worldwide.
Back to News Review index page  

Social Benefit entrepreneurs meet
Santa Clara, USA: Entrepreneurs and technology innovators from around the world will be coming to Santa Clara University (SCU) in Santa Clara, California, on July 26 to participate in a two-week incubator program that will allow them to network with Silicon Valley foundations, technologists, and business executives.
Sponsored by the Center for Science, Technology, and Society at SCU, the Global Social Benefit Incubator (GSBI) supports the work of innovators and entrepreneurs who have demonstrated their commitment to applying technology to address urgent human needs throughout the world.

The 15 projects that represent the class of 2004 are from 10 countries: South Africa, Nepal, Nigeria, Laos, India, Costa Rica, Argentina, Jordan, Canada, and the United States. Living and learning together, participants develop know-how in the areas of marketing, finance, business planning, and organizational capacity building. The incubator combines classroom instruction, case studies, and best practices with carefully matched mentoring on the sustainability challenges of each participating organization. Freeplay Foundation of South Africa is one of the 2004 GSBI participants. Freeplay provides wind up and solar-powered radios and life-saving information to some of the poorest people in Africa. Equal Access, a San Francisco non-profit that brings educational radio programming via satellite to remote villages in Nepal and was one of the five winners of the Tech Museum's "Technology Benefiting Humanity Awards" will also be attending.

The incubator brings together grass roots innovators and Silicon Valley entrepreneurs with university faculty to support the scaling up of technology applications that serve the common good all over the world. The Center for Science, Technology and Society (CSTS) is one of four Centers of Distinction at Santa Clara University. CSTS is a global network of academic and industry experts that promotes dialogue and studies issues related to the influence of new technologies on social and economic development, innovation and organizational change, and law and public policy.
Back to News Review index page  

 

 


 search domain-b
  go
 
domain-B : Indian business : News Review : 21 July 2004 : international business