7/2/2005

Weekly Software Updates

Filed under: — Aviran Mordo

Popular software titles that updated in the past week

Executive Software Changed Name To Diskeeper Corp

Filed under: — Aviran Mordo

Executive Software®, makers of Diskeeper, the Number One Automatic Defragmentertm, announced that in celebration of 19 years of market dominance and overwhelming leadership in the field of automatic defragmentation, they are changing their name to Diskeeper Corporation.

This name change comes on the heels of the highest-ever 4th quarter sales in their 19 year history and continued expansion and profits in 2005. Diskeeper Corporation’s strategic vision is to focus its leadership to handle the millions of computers that are still suffering from the destructive effects of disk fragmentation.

According to The NPD Group, the biggest third-party source of sales figures for the IT industry, Diskeeper accounts for over 95% of all standalone defragmenter sales.

US SEC Warns Investors On Internet ‘auto-trading’

Filed under: — Aviran Mordo

U.S. market regulators warned investors on Friday to be wary of a new type of online investment vehicle and filed civil fraud charges against a small Internet investment advisory firm called Terry’s Tips Inc.

The Securities and Exchange Commission accused Terry’s Tips, based in Vermont, and its founder Terry Allen of promising clients misleadingly large investment returns in marketing the firm’s auto-trading programs.

Auto-trading is a new investment vehicle that is spreading fast on the Internet, said Kenneth Israel, district administrator of the SEC’s Salt Lake district office.

Investors typically are asked to subscribe to online newsletters and open trading accounts at a brokerage chosen by the newsletter’s publisher. Investors are then asked to give the publisher authority to automatically direct trades in the their brokerage accounts, the SEC said.

Both the newsletter subscription and the auto-trading arrangement typically involve the investor paying fees to the publisher, the commission said.

After an account is set up, the publisher sends trading instructions by e-mail or fax to the brokerage and only tells investors about trades after they have been executed.

The SEC charged Terry’s Tips in U.S. District Court in Vermont with violating antifraud laws. The agency alleged that as recently as September 2004, the firm had 1,200 auto-trading clients with total assets of over $14 million.

“In this case, what we allege is Terry’s Tips was promising returns of about 100 percent a year when they were actually losing substantial amounts of money,” Israel said.
Read also: The Auto-Trading Robot

Source: Reuters

The First Self-Playing Digital Audio Book

Filed under: — Aviran Mordo

Digital Audio BookThe first self-playing digital audio book was announced this week.

FindawayWorld is developing a range of digital audio consumer products and the first product to market is the Playaway which will be sold pre-loaded with premier content from leading publishers and authors. Designed in conjunction with IDEO, one of the industry’s leading product innovation and design firms, Playaway can be expected to take an immediate chunk of the audio book market as it offers the ability to go straight from the shelves to your ears without the need for downloading or another audio player as it is entirely self-contained. Playaway is expected to announce an array of licensing deals with content creators, publishers and authors in the near future.

Source: gizmag.com

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