Oracle accused of insider trading

Oracle CEO Larry Ellison has been accused of illegally selling shares in the company knowing they'd soon be devalued after the software firm's third-quarter results were published. San Diego law practice Milberg Weiss Bershad Hynes and Lerach has filed the suit on behalf of Local 144 Nursing Home Pension Fund which, according to reports, bought 50,000 Oracle shares only to see them devalue by more than 50 per cent after the third quarter report. The class-action suit is open to anyone who purchased Oracle shares between 15 December 2000 and 1 March 2001. ...more

Goodbye Savastore, hello Saverstore

Electronics retailer Savastore.com has risen from the ashes - in the subtly disguised form of Saverstore.com. ...more

FileMaker 5.5 developer tools released

FileMaker has released the Developer version of its database creation and management software. The developer version enables customised FileMaker database systems to be deployed via the Web, across workgroups or as standalone applications and has a site of tools designed to speed up and simplify the process of database development. For instance, the new Script Debugger is introduced to test and verify scripts. ...more

New service to drag mobiles out of the shadows

A new mobile phone concept in Korea is hoping to remove familiar coverage problems for so-called 'shadow areas' such as mountain sides, tunnels and the seaside. The system, which has been created by an alliance of mobile phone network Shinsegi Telecom and satellite communication network Daecom, aims to provide a quality service even in shadow areas or in the case of a temporary network failure. A one-minute call for a user of the satellite phone service will cost approximately 90p, while the price of the handset doesn't come cheap, at approximately ?730. ...more

Online photo labs refuse to print copyright snaps

Online photo labs are increasingly refusing to make prints from digital images sent in by customers because the photographs are too good. Copyright law prohibits photo labs from making prints of any image that is not owned by the customer in question. A combination of the ever improving technology built into digital cameras, the fall in the price of high-end cameras and the so-called digital SLRs, and the increasing use of Photoshop and other software packages to retouch and enhance images, is creating end results that are difficult to distinguish from the work of a professional. ...more