Daily Archive for January 25th, 2006

Google-Funded ‘Badware’ Coalition Forms

Web search powerhouse Google has joined with Sun Microsystems to fund a new anti-spyware coalition that is on tap to launch on Jan. 24, according to information reaching eWEEK.

The nonprofit group is setting up shop at StopBadware.org to help computer users deal with the scourge from adware, spyware, rootkits and other malware threats.

Sources say the Berkman Center for Internet & Society at Harvard Law School will run the operations of the coalition with help from Consumer Reports WebWatch, a consumer advocacy group.

Vint Cerf, the renowned technologist who was recently hired as chief Internet evangelist at Google, is on board as an adviser to the coalition.

Former ICANN board chairman Esther Dyson, who publishes the influential Release 1.0 newsletter, is also involved.

Source

Google Execs Keep $1 Salaries

Google CEO Eric Schmidt and co-founders and co-presidents Larry Page and Sergey Brin will retain the $1 paid salaries from 2005, according to a filing this week with the U.S. Securities and Exchange Commission. The three will instead rely on stock options and grants for their pay.

The action, approved by Google last week but only made known yesterday came during a week in which Google’s stock lost 14 percent amidst fears stemming from a flap with U.S. Justice Department. However, don’t expect to see these men on the streets any time soon. Google’s stock recovered 7 percent yesterday, meaning that Schmidt’s stock value alone increased $413.8 million in a single day of trading. His total wealth in shares is estimated at $6.3 billion.

Google’s policy of paying top executives $1 started in the second quarter of 2004, leading up to the company’s initial public offering in August 2004.

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Disney buys Pixar in $7.4bn deal


Walt Disney has agreed a $7.4bn (£4.1bn) deal to buy Pixar, the animation firm behind films including Toy Story and The Incredibles.

The all-share deal will see Pixar chief executive Steve Jobs join Disney’s board of directors.

Under the agreement, 2.3 Disney shares will be issued for each Pixar share.

Disney’s distribution deal with Pixar was due to end this year, and it seemed the two would split after failing to agree on how to divide future profits.

However, Disney’s new boss Robert Iger has been working to revive relations between the two companies.

Read More on BBC NEWS

Google censors itself for China


Leading internet company Google has said it will censor its search services in China in order to gain greater access to China’s fast-growing market.

Google has offered a Chinese-language version of its search engine for years but users have been frustrated by government blocks on the site.

The company is setting up a new site – Google.cn – which it will censor itself to satisfy Beijing’s hardline rulers.

Google argued it would be more damaging to pull out of China altogether.

Read More on BBC NEWS