Blue-ray Disc drive prices to drop 50% by 2008

Filed under: — Aviran Mordo

By 2008, prices for Blu-ray Disc (BD) drives will drop 50% from current levels amid aggressive development by various related brands and makers, according to Shuji Minami, general manager, product business group of Sony NEC Optiarc. Minami also said the maker is not ruling out seeking new partners in Taiwan or placing more orders with existing Taiwan-based partners.

Source: digitimes.com

Yahoo internal memo urges major shake-up

Filed under: — Aviran Mordo

Yahoo Inc. needs a dramatic organizational shake-up and cuts in its work force of up to 20 percent, according to an internal memo written last month by Senior Vice President Brad Garlinghouse.

Garlinghouse, a second-tier Yahoo executive who has taken increasing powerful roles in the company since joining 3 1/2 years ago, argues that Yahoo suffers from a lack of consistent leadership, business focus and a “single cohesive strategy.”

“We lack a focused, cohesive vision for our company,” Garlinghouse writes. “We want to do everything and be everything — to everyone.”

Source: Reuters

UK Bank Laptop Stolen With 11M Customer Records

Filed under: — Aviran Mordo

BBC News reports that the UK Building Society Nationwide has admitted that a laptop containing account records of more than 11 million customers has been stolen from an employee’s home. This story raises a number of worrying questions: The theft happened three months ago, why has the news only just been made public? Why was it possible (indeed, why was it necessary at all) to put data relating to their entire customer base on an employee’s laptop stored at an employee’s home? Why was the information on the laptop not encrypted?”

Source: Slashdot

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