News Briefs

Secunia Warns of Netscape Flaw

A "highly critical" unpatched vulnerability in Netscape Communications Corp.'s browser could allow hackers to compromise Internet users' systems, according to an advisory from Denmark-based security firm Secunia. The buffer overflow vulnerability could cause the browser to crash. The flaw has been confirmed in Version 7.2 and reported in Version 6.2.3. Secunia advised users to switch browsers until the flaw is fixed.

IBM Plans to Unveil ThinkPad Tablet

IBM has developed a ThinkPad laptop with a rotating screen that can be used as a tablet computer, according to documents filed with the Federal Communications Commission. FCC approval is required for the sale of any device that supports wireless LAN connectivity. The appearance of these documents on the FCC Web site is a general indication that the IBM X41 tablet series is close to commercial availability.

Verizon Profits Up More Than 40%

New York-based Verizon Communications Inc. reported improved first-quarter earnings, citing sharp increases in wireless customers and broadband connections.

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VERIZON BY THE NUMBERS
REVENUE PROFIT
Q1 ’05 $18.2B $1.8B
Q1 ’04 $17.1B $1.2B

Equity Firms Pay $1.1B for DoubleClick

Two private equity firms have bought online advertising company DoubleClick Inc. for $1.1 billion. Buyers Hellman and Friedman LLC and JMI Equity Fund LP expect to complete the deal in the third quarter. New York-based DoubleClick hired Lazard Freres & Co. last year to evaluate future options for the business.

Copyright © 2005 IDG Communications, Inc.

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