* Welcome to the afternoon edition of Network World Daily News.
In depth
Cisco co-founder launching optical network start-up
Cisco co-founder Len Bosack is launching a company that claims it will bring “fundamental change to worldwide telecommunications” with an optical transport system allowing IT departments to easily and quickly deploy in-house metropolitan optical networks that make efficient use of space and power.
Credit card thieves donate to charity
Symantec says it has noticed an increase in the use of stolen credit cards to make charitable contributions as a way to check out whether card numbers are legitimate before the thieves attempt to sell them or make large purchases with them.
Nortel plans wireless product line
Nortel will challenge Cisco by designing and building its own line of 802.11n wireless LAN access points and controllers, and tying these into its Wi-Fi mesh nodes and WiMAX wide-area gear.
Security company launches eBay for bugs
Psst. Want to buy a zero-day?
New Microsoft Vancouver office responds to immigration woes
Microsoft will open a software development office in Vancouver, Canada, later this year, in part as a way to retain talented workers who can’t stay in the United States because of immigration laws.
E-mail worms rarer in 2007, says vendor
E-mail worms, not long ago the scourge of the Internet, have declined sharply in 2007, a security company has revealed.
iPhone, new iPods to spur flash prices
Sales of Apple’s iPhone and new iPods slated for release later this year will mark the end of cheap flash memory for a time, and that means users may see fewer bargains on older digital music players or bundled flash memory cards.
Barracuda adds zero-hour threat protection to antispam appliance
Barracuda Networks is adding real-time malware protection to its line of e-mail security appliances designed to block viruses, spyware, and other Internet threats as they emerge.
