usa visa: Time Warner pays $300 million to settle SEC charges

======================================================================== GOVERNMENT CHANNEL REPORT http://www.infoworld.com/ ======================================================================== Tuesday, March 22, 2005

* Time Warner pays $300 million to settle SEC charges * Semiconductor firms call for more federal R&D spending * EU gives Microsoft two weeks to comply * CERN readies world's biggest science grid * Peeking under the hood of VCF * FTC takes "bold" spyware actions * Anatomy of an IT disaster: How the FBI blew it * Product Guide: WatchGuard Firebox X2500

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THE DOWNSIDE OF WAITING TO EMBRACE IP COMMUNICATIONS

Experts address three top misperceptions preventing organizations from embracing IP Communications, and illustrate why waiting to make the move will do more harm than good. Get started with IP Communications today.

http://newsletter.infoworld.com/t?ctl=C60094:353CA35

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TIME WARNER PAYS $300 MILLION TO SETTLE SEC CHARGES

Time Warner has agreed to pay $300 million in penalties to settle with the U.S. Securities and Exchange Commission (SEC) over charges of securities fraud related to its accounting for online advertising revenue, the SEC and Time Warner said Monday. Time Warner consented to the settlement without admitting or denying allegations in the SEC's complaint against the company. http://newsletter.infoworld.com/t?ctl=C60086:353CA35

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SEMICONDUCTOR FIRMS CALL FOR MORE FEDERAL R&D SPENDING

The U.S. is in danger of losing its technological edge unless its government increases funding for research and development (R&D) and reforms the nation's education system, members of the Semiconductor Industry Association (SIA) said Wednesday. http://newsletter.infoworld.com/t?ctl=C60087:353CA35

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EU GIVES MICROSOFT TWO WEEKS TO COMPLY

BRUSSELS --The European Commission has given Microsoft two weeks to come up with better licensing terms for its workgroup server protocols or face the possibility of financial penalties of about $5 million a day, sources familiar with the matter said Monday. http://newsletter.infoworld.com/t?ctl=C60085:353CA35

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INDEXING YOUR BACKUPS: A NEW APPROACH TO ENTERPRISE SEARCH

Today's enterprise organizations face an explosive growth of unstructured data. IT departments must establish best practices for finding small bits of information, before unanticipated events warrant. In this live webcast, Chad Dickerson will introduce a new enterprise search platform that indexes data backup streams instead of utilizing network-based methods. Sponsored by Index Engines. RSVP for this webcast so you can participate in the live Q&A:

http://newsletter.infoworld.com/t?ctl=C60095:353CA35

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CERN READIES WORLD'S BIGGEST SCIENCE GRID

If the Large Hadron Collider at CERN is to yield miraculous discoveries in particle physics, it may also require a small miracle in grid computing. http://newsletter.infoworld.com/t?ctl=C60089:353CA35

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PEEKING UNDER THE HOOD OF VCF

The details of how the FBI does its business and the systems that support the bureau are classified. Nonetheless, Executive Editor at Large Eric Knorr did his best to get a rough description of VCF (Virtual Case File) -- the $170 million system that never launched -- from SAIC Group President Mark Hughes and Technical Director Frank Perry. http://newsletter.infoworld.com/t?ctl=C6008A:353CA35

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FTC TAKES "BOLD" SPYWARE ACTIONS

In a bold move, the Federal Trade Commission has temporarily shut down a software vendor that used allegedly false scare tactics to increase sales. Bold, that is, if it had taken the action -- oh, say -- five years earlier. http://newsletter.infoworld.com/t?ctl=C60088:353CA35

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ANATOMY OF AN IT DISASTER: HOW THE FBI BLEW IT

Some FBI agents ruefully refer to the trilogy project, a massive initiative to modernize the FBI's aging technology infrastructure, as the "Tragedy" project. It certainly has all the earmarks of tragedy: the best intentions, catastrophic miscommunication, staggering waste. http://newsletter.infoworld.com/t?ctl=C6008B:353CA35

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PRODUCT GUIDE: WATCHGUARD FIREBOX X2500

The X2500 is a capable firewall with application-layer security for Web sites, e-mail, and FTP servers, plus spam filtering, anti-virus, and a sophisticated policy engine. Setup and administration are not for inexperienced security admins: Settings are required in several places to get most features running. More wizards for basic setup functions would be nice.

http://newsletter.infoworld.com/t?ctl=C60084:353CA35

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INFOWORLD STORE: ESSENTIAL TOOLS & GUIDES FOR YOUR BUSINESS

Look no further than the InfoWorld Store for the resources you need to keep your IT operations running smoothly. These essential guides, policies, and kits, powered by Tech Toolshed, will help you prevent, diagnose, and solve many of the problems that plague the IT manager. Download these valuable tools today.

http://newsletter.infoworld.com/t?ctl=C60096:353CA35

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