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| E-Trading Studies Address Online Trading Two long-awaited studies were released, one by Laura Unger of the Securities and Exchange Commission and one by New York Attorney General Eliot Spitzer, detailing the online trading industry's enormous benefits and evolving problems, which have sometimes forced investors to pay tens of thousands of dollars more for stocks. (The WashingtonPost) |
| Microsoft Florida class-action suit filed against Microsoft Florida lawyers on Wednesday filed the latest in a series of class-action lawsuits against Microsoft Corp., alleging the software company overcharged for its Windows 95 operating system after the updated Windows 98 version was released. (SiliconValley.com) Lawyers in Microsoft case to meet with mediating judge Tuesday Lawyers for Microsoft Corp. and the government plan to resume talks Tuesday with a federal appeals judge in Chicago to begin trying to negotiate an out-of-court settlement in the software giant's antitrust trial. (Techserver) Closing the Windows on MS The Microsoft trial is only hastening the downfall of a product that the Internet is making increasingly irrelevant anyway: the PC and its unfocused operating system. Wired News analysis by Chris Oakes. (Wired News) |
| Charities Gates Fights Child Killer The Bill and Melinda Gates Foundation has donated US$26 million to a United Nations charity that aims to eliminate tetanus among impoverished mothers and children. (Wired News) NetAid struggling to iron out wrinkles NetAid, the philanthropic organization launched with concerts in three countries Oct. 9 by the high-tech industry and the United Nations as a joint response to world poverty, is facing a major reorganization in the wake of figures showing that public contributions have amounted to only $1 million and that visits to its Web site have been only a fraction of what was anticipated. (Techserver) |
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