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More web warnings of hacker-baiting flaws
Two days, two security warnings. U.S. cybersecurity officials on Wednesday declared a second major alert warning that a new weakness in the machines used to direct internet traffic could be exploited by hackers to interrupt internet communications. An advisory issued late Tuesday by Cisco Systems of San Jose, Calif., prompted the second warning. The telecommunications hardware giant said that a security gap in many models of its routers left the devices open to attacks that could result in system crashes. This security flaw is especially worrisome because Cisco produces 70 percent of the routers used in the communications networks of major corporations, according to Gartner Inc. Cisco accidentally introduced the problem through a security patch released last October. Almost all of its routers sold or upgraded since then are vulnerable to attack. A new patch released Tuesday aims to protect the routers.      

Big business for eBay in strong first quarter
Wall Street sorely underestimated what eBay is capable of. The online auction house saw first-quarter earnings that nearly doubled expectations. On Wednesday, eBay reported earnings of $200.1 million, or 30 cents per share, compared with $104.2 million, or 16 cents per share, during the same period last year. Excluding special items mostly related to real estate, eBay saw record gains of $210.8 million, or 31 cents per share, versus the $116.2 million, or 18 cents per share, gained in the first quarter of 2003. Analysts expected eBay only to earn 26 cents per share on sales of $706.6 million, yet the San Jose, Calif.-based company reported first-quarter revenues of $756.2 million.

Zippety-do-dah, Disney makes an iTunes deal
As CEO of Pixar, the studio behind “Toy Story” and “Finding Nemo,” Steve Jobs gave Disney the “we don’t need you anymore” routine, as ties between the two will be cut in 2005. But as CEO of Apple, Jobs will continue to stay friendly with the mouse house, at least for music. In a joint statement Pixar and Disney said Apple will sell songs from movies like “Beauty and the Beast,” “The Lion King” and “Toy Story” on its iTunes web site. The songs will be available exclusively on iTunes until Sept. 30.

ESPN puts all ESPY voting in fans' hands
The ESPY Awards are putting the fate of the winners into the hands of sports fans everywhere, with voting as easy as point and click. The network said Wednesday that for the first time in the 12-year history of the awards, online fan ballots for all 34 categories will be available to fans. Last year fans voted in several categories online, but this year they actually will pick all the winners. Actor and comedian Jamie Foxx will return to host the event, which airs Sunday, July 18, at 9 p.m. The complete list of ESPY Award nominees will be revealed on “The 2004 ESPY Nominations Special,” which airs Monday, June 21, at 7 p.m. on ESPN, and online fan voting at ESPN.com will commence through July 9.

Dear Martha, will you be my prison-pal?
Even though Martha Stewart still has a couple of months of freedom before sentencing, she’ll move into prison with a stack of mail already waiting thanks to website hotprisonpals.com. Sam Wagner, owner of the web site, has posted an ad for Stewart that opens “Hi, my name is Martha but my friends here call me ‘Big M.’” Although the ad is clearly a joke, Wagner insists he is serious about forwarding all mail he receives to Martha Stewart in a large celadon box – her favorite color. Stewart was convicted last month of obstruction of justice and lying to investigators. She will be sentenced in June, when she is expected to get up to two years in prison.


April 22, 2004© 2004 Media Life


 


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