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IT exec accused of $10m backup tape theftOpen in New Window
800,000 virtual walletsA former IT executive for a Canadian marketing firm has been accused of taking a computer backup tape containing personal information of 3.2 million customers that could net as read more »
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Immersion shakes out $20m for MS legal winOpen in New Window
"Microsoft will soon have an extra $20m in the bank and new business partner now that it's settled a long running legal spat with vibration-feedback firm Immersion..." read more »
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Sophos bids €217m for data loss firmOpen in New Window
"UK-based net security firm Sophos has launched a 217m euros ($342m) bid to buy data loss prevention firm Utimaco. Sophos intends to offer 14.75 euros per Utimaco share, a premium of 92 per cent on its closing price of 7.68 euros on Friday." read more »
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Sand 9 Gets $8M for Nano MEMsOpen in New Window
Stacey Higginbotham reports that Sand 9 has secured $8 million in Series A funding. Sand 9 is working on a process that will "replace several components used in making...wireless devices from a cell phone to a headset." read more »
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Apple claims 1M iPhone 3Gs sold, some may be vouchersOpen in New Window
Tim Conneally writes, "Today, Apple announced the iPhone's opening weekend figures, claiming it had passed the one million sales mark on Sunday, and that 10 million apps were downloaded in the same three-day period." read more »
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Analyst: Apple on track to sell 18m 3G iPhones this yearOpen in New Window
"Jenny Lai, an analyst at CLSA Emerging Markets wrote in a report that Apple could sell as many as 18 million new iPhones this year." read more »
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All that Glitters is Gold: RockYou Raises $35MOpen in New Window
Liz Gannes writes that RockYou, the popular Facebook application development company, has raised $35 million in venture capital to carry on its battle with other lead Facebook application company Slide. read more »
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Brocade Pays Record $160M to Settle LawsuitOpen in New Window
"Brocade pays up to put a lid on its recent accounting scandals..." read more »
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