About
Subscribe

Saving in cloud is risky

By Theo Boshoff
Johannesburg, 09 Jul 2009

Saving in cloud is risky

Those not certain whether they are entitled to a piece of software or digital content, should beware of storing it in the cloud, according to Financial Times.

That is one lesson from the intriguing case of Sergey Aleynikov, a former computer programmer at Goldman Sachs, who has been accused of stealing software used in Goldman's automated trading programme by uploading it to a server in Germany.

Aleynikov denies charges of theft of trade secrets and "transportation of stolen property in foreign commerce", and says he intended only to transfer some open source files.

Sharp TVs banned from US

A number of Sharp LCD TVs have been banned from unlicensed import to the US, as part of a ruling resulting from a patent dispute with Samsung, reports Electronista.

The two electronics manufacturers have been battling over technology used in the displays, specifically "apertures formed in the conductive layer comprising the electrode”.

The technology is utilised in LCD panels with wide viewing angles.

Nanotech company files for bankruptcy

Evident Technologies, one of Albany, New York's first companies devoted to nanotechnology, filed for bankruptcy protection, reports The Business Review.

The company, headed by president and CEO Clint Ballinger, lists $4.8 million in debts in its court filing in the US Bankruptcy Court in Albany, as well as $3.9 million in assets.

Evident Technologies filed for Chapter 11 bankruptcy, but will remain open and operating while it reorganises finances, and retain its top management.

Share