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Education

Submission + - History of MECC and Oregon Trail

Gammu writes: For the past thirty years, many children have been raised with a heavy diet MECC games like Oregon Trail, Odell Lake and Lemonade Stand. These products weren't developed by a major game developer. Rather, they were developed by the state of Minnesota for use in their schools. What began as an initiative to get Minnesota students ready for the micro-computer age turned into a multi-million dollar a year business whose products are still used in US schools even a decade after MECC was sold off to another developer. Read about the history of MECC (and especially Oregon Trail) at Silicon User.
Spam

Submission + - "Spam King" pleads guilty in U.S. federal

Monty writes: As previously reported by Cmdr Taco in February, 2006 (http://it.slashdot.org/article.pl?sid=06/02/28/14 41229) looks like Adam Vitale finally decided to plead guilty (http://www.reuters.com/article/domesticNews/idUSN 1120537620070611) to violation of the CAN-SPAM Act of 2003 in federal court in New York City. Is his cohort Moeller next?
Software

Submission + - Selling a software company

TogetherGirl writes: I'm a partner in a small software company that sells 7 software products worldwide. We have been in business for about 5 years and each year sales have increased nicely.

Because of different philosophies / interests / opinions, we have decided to part ways. We have all agreed that it is best to sell the company or all products to a third party and hence, distribute the proceeds according to share ownership.

Since there is interest in our products by our competitors, we are trying to determine what is the best multiple of gross product sales to be used in calculating the 'selling price' of the company or all of the products.

I know there is no exact science but what is the average multiple (of gross sales) used to determine the asking / selling price of a software company?

Can anyone point out some good examples of companies being bought for around $1 million USD?

Thanks
Security

Submission + - Personal Phishing Responsibility? (kelvinism.com)

kelvinn writes: "Like many of you, I'm in IT. Over the years I have seen every type of phishing attempt there is, yet I'm still grappling with my personal responsibility when I detect an attempt. Two days ago I received a phishing attempt from "Amazon", and reported it via Firefox's anti-phishing feature. Additionally, I went the extra step and sent an email to the compromised site's owner, the ISP of the compromised site, and the University where the phishing site actually resided. To my dismay, and surprise, the only action was by the Firefox Team. So I present this question to the Slashdot community: what do you do when you get phished?"
Privacy

FBI Target Puts His Life Online 324

After the FBI mistakenly targeted him as a terror suspect five years ago, art professor Hasan Elahi began recording his entire life online for the perusal of government agents or anyone else who wants to look in. "I've discovered that the best way to protect your privacy is to give it away," he says, grinning. "It's economics. I flood the market."
Space

Submission + - Scientists discover radiation-eating fungi

amigoro writes: "Scientists have discovered that fungi are able to eat radiation, and since ionizing radiation is prevalent in outer space, astronauts might be able to rely on fungi as an inexhaustible food source on long missions or for colonizing other planets. Just as the pigment chlorophyll converts sunlight into chemical energy that allows green plants to live and grow, our research suggests that melanin can use a different portion of the electromagnetic spectrum — ionizing radiation — to benefit the fungi containing it, the researchers explain."
Security

FTC Threatens Spyware Distributors With Prison 126

Federal regulator Mark Pryor, in a Senate Commerce Committee hearing, has stated that spyware distributors should face harsher penalties than fees. His solution: imprisonment. "Federal Trade Commissioner William Kovacic said most wrongdoers in the spyware arena 'can only be described as vicious organized criminals. Many of most serious wrongdoers we observed in this area, I believe, are only going to be deterred if their freedom is withdrawn,' so it's important for the FTC to collaborate on its cases with criminal law enforcement authorities, Kovacic said."
Patents

Submission + - Amazon's Lawyers Jerking USPTO Around?

theodp writes: "Reacting to an actor's do-it-yourself legal effort that triggered a reexam of Amazon.com's 1-Click patent, attorneys for Amazon have fired back, deluging the USPTO with documents to review, including Wikipedia articles. With the latest batch, Amazon's high-priced law firm even requested that USTPO examiners review an archived page of Norm Quotes (yes, Norm from Cheers) and rule that it does not invalidate CEO Jeff Bezos' 1-Click patent."
Music

Submission + - Study: P2P has no effect on legal music sales

phaedo00 writes: "Ars Technica covers a very interesting paper published in the Journal of Political Economy by Felix Oberholzer-Gee and Koleman Strumpf that concludes that P2P has an effect on legal music sales that is pretty much statistically 0: "Using detailed records of transfers of digital music files, we find that file sharing has had no statistically significant effect on purchases of the average album in our sample," the study reports. "Even our most negative point estimate implies that a one-standard-deviation increase in file sharing reduces an album's weekly sales by a mere 368 copies, an effect that is too small to be statistically distinguishable from zero.""
Patents

Submission + - "Inventive Step" test for UK patents consi

Panaqqa writes: "People on both sides of the Atlantic can see there's something wrong with the current patent system, but it's interesting that in the UK, it's the patent office itself considering the reform. A public consultation process was carried out last year and the report has just been published (warning PDF). It's unfortunate that on this side of the ocean it takes The Supreme Court to get involved and to force the issue."
NASA

NASA Slashing Observations of Earth 358

mattnyc99 points us to a new report by the National Research Council warning that, by 2010, the number of NASA's Earth-observing missions will drop dramatically, and the number of operating sensors and instruments on NASA spacecraft will decrease by 40 percent. The report says, "The United States' extraordinary foundation of global observations is at great risk." Popular Mechanics asks an MIT professor what it all means. From these accounts it is clear that the Bush administration's priorities on a Mars mission and a moon base are partly to blame for the de-emphasizing of earth science. Neither article quite says that some responsibility must fall to the administration's footdragging on global warming.
Businesses

Submission + - OpenOffice gets document sharing extension

An anonymous reader writes: As a standalone office suite, OpenOffice.org lacks a back-end solution similar to Microsoft Office SharePoint, the software that integrates the office suite into a document collaboration and document management environment. Sure, there are applications that can handle both version control and user management, but until now, none of them offered seamless integration with OpenOffice.org that was easy enough for an average office worker to use. To fill the void, a relatively new Dutch software outfit has released O3Spaces, an integrated collaboration and document management application for workgroups and small businesses that use OpenOffice.org or its commercial sibling StarOffice. Full articles at: Newsforge and: eWeek/Linux-watch

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