NetFlash: Ex-WorldCom executives agree to multimillion-dollar payout

Opinion
Jan 7, 20052 mins

* Ex-WorldCom executives agree to multimillion-dollar payout * CES: Goodbye Comdex, hello CES * Trojan disguised as Flash player targets cell phones * Oracle to close PeopleSoft acquisition Friday * Today on Layer 8 * This week’s top 5 stories

Usually, when a company is sued by shareholders, the company pays any penalties. But WorldCom is an exceptional case. Find out why individual executives will be paying out of their own pockets to settle a lawsuit brought by a state retirement fund. Ex-WorldCom executives agree to multimillion-dollar payout http://www.nwfusion.com/edge/news/2005/0106wcomexec.html?net

Usually, when a company is sued by shareholders, the company pays any penalties. But WorldCom is an exceptional case. Find out why individual executives will be paying out of their own pockets to settle a lawsuit brought by a state retirement fund.

Ex-WorldCom executives agree to multimillion-dollar payout

https://www.nwfusion.com/edge/news/2005/0106wcomexec.html?net

CES: Goodbye Comdex, hello CES

The International Consumer Electronics Show has supplanted Comdex as the technology mega-show of the year. What’s more, the innovations unveiled there could eventually make their way into corporate networks. Network World’s John Cox explains why CES has become more relevant than ever to enterprise network managers.

https://www.nwfusion.com/news/2005/0106ceschg.html?net

Trojan disguised as Flash player targets cell phones

An updated variant of the Skulls Trojan horse comes disguised as a new version of the Macromedia Flash player to fool users of mobile phones running the Symbian operating system.

https://www.nwfusion.com/news/2005/0107trojadisgu.html?net

Oracle to close PeopleSoft acquisition Friday

Oracle Friday expects to close its $10.3 billion acquisition of PeopleSoft and said it is moving quickly to merge the two companies’ operations.

https://www.nwfusion.com/news/2005/0107oracltocl.html?net

Today on Layer 8 – where our keynotes are BSOD-free:

Intel, eBay launch computer recycling project; U.K. women claim information overload; Las Vegas adds free Wi-Fi to airport; and how authentic are TV spy shows?; all this today and more at your home for not-just-networking news.

https://www.nwfusion.com/weblogs/layer8/?net

This week’s top 5 stories so far:

1. The 50 most powerful people in networking

https://www.nwfusion.com/power/2004/12270450most.html?net

2. The 10 most power-hungry companies in networking

https://www.nwfusion.com/power/2004/12270410most.html?net

3. Power of the industry

https://www.nwfusion.com/power/2004/122704vendorpom.html?net

4. IBM’s PC unit lost money from 2001 onwards

https://www.nwfusion.com/news/2005/0103ibmspcun.html?net

5. The big management fix

https://www.nwfusion.com/power/2004/122704lendlease.html?net