Oct 30

AUSTRALIA will join China in implementing mandatory censoring of the internet under plans put forward by the Federal Government.

The revelations emerge as US tech giants Google, Microsoft and Yahoo, and a coalition of human rights and other groups unveiled a code of conduct aimed at safeguarding online freedom of speech and privacy.

The government has declared it will not let internet users opt out of the proposed national internet filter.

The plan was first created as a way to combat child pronography and adult content, but could be extended to include controversial websites on euthanasia or anorexia.

Communications minister Stephen Conroy revealed the mandatory censorship to the Senate estimates committee as the Global Network Initiative, bringing together leading companies, human rights organisations, academics and investors, committed the technology firms to “protect the freedom of expression and privacy rights of their users”.

Continue reading »

Tags: , , , , , , , , ,

Oct 21

Oct. 21 (Bloomberg) — Yahoo! Inc., the Internet company that rejected a takeover offer from Microsoft Corp., reported a 64 percent drop in profit and announced plans to cut at least 10 percent of its staff after advertising spending slowed.

Third-quarter net income fell to $54.3 million, or 4 cents a share, from $151.3 million, or 11 cents, a year earlier, Yahoo said today in a statement. Sales, excluding fees passed on to partner sites, rose 3 percent to $1.33 billion.

Continue reading »

Tags: , , , , ,

Jun 04

SAN FRANCISCO (Reuters) - An Internet analyst for a major Wall Street firm argues in a new report that Google Inc and Amazon.com Inc will be long-term winners, while Yahoo and IAC InterActiveCorp fall by the wayside and eBay Inc becomes a merger target.

Sanford C. Bernstein analyst Jeffrey Lindsay argues in a 310-page report entitled “U.S. Internet: The End of the Beginning” to be published on Tuesday that Google and Amazon are best placed to withstand the current economic downturn.

“We expect two players to continue to perform strongly, Google and Amazon,” Lindsay writes. “Both Google and Amazon.com are still racking up annual growth rates in the 30-40 percent range, with only a relatively modest slowdown in sight.”

Lindsay reiterates his previous positions that Yahoo eventually will be sold to Microsoft Corp and that Barry Diller’s IAC e-commerce conglomerate will go ahead in August with its five-way split-up, as planned. Continue reading »

Tags: , , , , ,

Apr 13

Would you want other people to know, all day long, exactly where you are, right down to the street corner or restaurant?

Unsettling as that may sound to some, wireless carriers are betting that many of their customers do, and they’re rolling out services to make it possible.

Sprint Nextel Corp. has signed up hundreds of thousands of customers for a feature that shows them where their friends are with colored marks on a map viewable on their cellphone screens. Now, Verizon Wireless is gearing up to offer such a service in the next several weeks to its 65 million customers, people familiar with it say.
WSJ’s Jessica Vascellaro tests out Loopt’s new buddy-tracking device to see whether it’s helpful for hooking up with friends or just another invasion of privacy.

Making this people-tracking possible is that cellphones today come embedded with Global Positioning System technology. With it, carriers have already offered mapping features such as turn-by-turn driving instructions. But they long hesitated to offer another breakthrough made possible by GPS — tracking of cellphone users’ whereabouts in real time — because of privacy and liability concerns. Continue reading »

Tags: , , , , , , , , , , , , ,

Mar 14

The National Security Agency was once known for its skill in eavesdropping on the world’s telephone calls through radio dishes in out-of-the-way places like England’s Menwith Hill, Australia’s Pine Gap, and Washington state’s Yakima Training Center.

Today those massive installations, which listened in on phone conversations beamed over microwave links, are becoming something akin to relics of the Cold War. As more communications traffic travels through fiber links, and as e-mail and text messaging supplant phone calls, the spy agency that once intercepted telegrams is adapting yet again. Continue reading »

Tags: , , , , , , , , , , , , , ,