Edupage, May 12, 2003

*****************************************************
Edupage is a service of EDUCAUSE, a nonprofit association
whose mission is to advance higher education by promoting
the intelligent use of information technology.
*****************************************************

TOP STORIES FOR MONDAY, MAY 12, 2003
  SEC Files Fraud Charges
  Bush Nominates 25 for PITAC
  Intel Discloses Flaw in Itanium 2
  Bluetooth Remains Obscure
  Study Shows Bright Future for Web Services


SEC FILES FRAUD CHARGES
The Securities and Exchange Commission (SEC) filed a lawsuit against K.
C. Smith in a U.S. District Court in Tennessee. Mr. Smith, a
20-year-old Kentucky resident, was charged with raising $102,554
through two fake Web sites and millions of spam e-mail messages between
May 2002 and February 2003. SEC regulators allege that Mr. Smith's Web
site for a fake company, Kryer Financial, offered double-digit monthly
returns. Mr. Smith also invented the United States Deposit Insurance
Corporation to insure Kryer Financial investments against loss, with a
Web site that featured the SEC's official seal. Mr. Smith allegedly
used the money he collected for living expenses and neither invested
nor insured it. Mr. Smith agreed to a settlement that requires him to
return $107,510 of gains and interest.
Wall Street Journal, 12 May 2003 (sub. req'd)
http://online.wsj.com/article/0,,SB105275277289057500,00.html

BUSH NOMINATES 25 FOR PITAC
President Bush has nominated 25 new members to the President's
Information Technology Advisory Committee (PITAC), which serves the
president, Congress, and federal agencies in dealing with information
technology issues. Observers said the nominations indicate a
recognition on the part of President Bush that information technology
is vital to the country's well-being and global leadership in many
areas, including the economy and national security. Edward Lazowska of
the University of Washington and Marc Benioff, a former Oracle
executive, have been nominated to serve as co-chairs of the committee.
Other nominees include Ruzena Bajcsy of the University of
California-Berkeley, Eugene Spafford of Purdue University, and Peter
Tippett of TruSecure Corp.
Federal Computer Week, 9 May 2003
http://www.fcw.com/fcw/articles/2003/0505/web-pitac-05-09-03.asp

INTEL DISCLOSES FLAW IN ITANIUM 2
Intel recently announced that an electrical problem can cause computers
that use its Itanium 2 processor to behave strangely or crash. While
the problem affects only some chips and can be circumvented by setting
the processor to run at a lower speed, Intel will replace the processor
at customers' request. According to analysts, the problem is uncommon
because the machines have been on the market for a year and only
recently have problems surfaced. The Itanium line was designed to
handle chips from Sun Microsystems and IBM to be used in high-end
servers with dozens of processors. The problem has created a ripple
effect through the computer industry, with IBM, Hewlett-Packard, and
Dell addressing the issue in different ways. Sales of Itanium 2 servers
are expected to suffer because the more powerful Itanium 2 6M
processor, soon to be released, is unaffected by the glitch.
CNET, 12 May 2003
http://news.com.com/2100-1006_3-1001010.html

BLUETOOTH REMAINS OBSCURE
Several years ago many made grand predictions about Bluetooth, but
today the wireless technology remains relatively obscure to most users.
While sales of Wi-Fi technology have grown significantly--242 percent
last year, according to one group--consumers have not flocked to
Bluetooth the way many had forecast. Michael McCamon of the Bluetooth
Special Interest Group compared the two by calling Bluetooth a Swiss
Army knife, which does many different things, and Wi-Fi a steak knife,
which only does one thing but does it very well. McCamon touted the
versatility of Bluetooth, which is intended to connect a wide range of
devices, such as computers, cell phones, personal organizers, or even
appliances, allowing them to share data quickly and easily.
Washington Post, 11 May 2003
http://www.washingtonpost.com/wp-dyn/articles/A37272-2003May9.html

STUDY SHOWS BRIGHT FUTURE FOR WEB SERVICES
A new report from research firm IDC paints a fairly rosy picture for
Web services, despite the overall slump in technology. According to
IDC, about 55 percent of North American organizations are working with
or are implementing Web services. The IDC study states that "the idea
of Web services as a solution has touched the large proportion of North
American organizations by the end of 2002, and there may be an open
market for providers of such solutions in 2003." The data show a
strong, positive correlation between the size of business and the use
of Web services. Similar data were reported by Forrester, though Laura
DiDio of the Yankee Group estimates that only 12 percent of businesses
are involved with Web services. DiDio noted, however, that Web-services
standards are maturing and getting closer to being finalized, which
will encourage adoption.
NewsFactor Network, 9 May 2003
http://www.newsfactor.com/perl/story/21482.html

*****************************************************
EDUPAGE INFORMATION

To subscribe, unsubscribe, or change your settings, visit
http://www.educause.edu/pub/edupage/edupage.html

Or, you can subscribe or unsubscribe by sending e-mail to
[email protected]
To SUBSCRIBE, in the body of the message type:
SUBSCRIBE Edupage YourFirstName YourLastName
To UNSUBSCRIBE, in the body of the message type:
SIGNOFF Edupage

If you have subscription problems, send e-mail to
[email protected]

For past issues of Edupage or information about translations
of Edupage into other languages, visit
http://www.educause.edu/pub/edupage/edupage.html

*****************************************************
OTHER EDUCAUSE PUBLICATIONS

EDUCAUSE publishes periodicals, including "EQ" and "EDUCAUSE
Review," books, and other materials dealing with the impacts
and implications of information technology in higher
education.

For information on EDUCAUSE publications see
http://www.educause.edu/pub/

*****************************************************
CONFERENCES

For information on all EDUCAUSE learning and networking
opportunities, see
http://www.educause.edu/conference/

*****************************************************
COPYRIGHT

Edupage copyright (c) 2003, EDUCAUSE