SCO to restate its previous financial results

SCO is to restate its financial position for several quarters last year in order to comply with Nasdaq rules and stay listed on the exchange. The controversial Unix company fell foul of the Nasdaq after failing to hand in its full year report on time as it attempted to iron out problems accounting for an employee compensation program. It says it has now secured a meeting for 17 March with the Nasdaq Listing Qualifications Panel and has outlined the issues it will subsequently resolve. ...more

Microsoft signs up anti-phishing partners

Microsoft has signed up three partners to provide it with a constantly up-to-date picture of the global phishing threat for its online software and services. With Microsoft's ambitions to win on web services it is already in the midst of moving a good chunk of its flagship software online in the form of its Live! Office-based services. And the high levels of browser-hijacking and surfers being sent to malicious websites that inject code via phishing attacks could seriously jeopardise momentum. ...more

DRM issues sway another Blu-ray recruit

Lions Gate Home Entertainment is the latest media company to back Blu-ray. The independent movies and TV producer will begin releasing material from its back catalogue just as soon as Blu-ray hardware becomes available in the US, probably early next year. For a while it looked like HD-DVD was the favourite to emerge as the dominant high-definition DVD technology, but Lions Gate's backing, closely following commitments from Twentieth Century Fox and Universal Music, has seemingly seen the momentum pass to Blu-ray. ...more

Microsoft faces EC crisis as anti-trust talks break down

Talks between Microsoft and the European Commission over a settlement that would satisfy the EC's investigation into anticompetitive practices have broken down. Instead, Commissioner Mario Monti is to recommend that the EC adopts the proposals that may see penalties running into hundreds of millions of euros, that the company share some proprietary information on the Windows code with rivals to ensure interoperability and to introduce versions of its operating systems without Media Player. Monti said in a statement: 'In the end, I had do decide what was best for competition and consumers in Europe. ...more

Gates - Attempts to censor the Internet will fail

Bill Gates has told an Internet technology forum that government attempts to censor the Internet will fail. Although blogs and websites can be blocked, he said, it is not possible to prevent the dissemination of information via email. 'You may be able to take a very visible website and say that something shouldn't be there, but if there's a desire by the population to know something, it's going to get out,' he said. ...more