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Intel

Submission + - Intel invests in S3 competitor, Nirvanix (byteandswitch.com)

SoulMaster writes: Quite a few news sites, including Byte and Switch are running stories this morning about Intel's investment in Amazon S3 competitor Nirvanix. From the article: "Nirvanix today announced that it has added Intel Capital, a leading venture capital organization, to its investor base. The investment will provide the Company with additional opportunities to further technology advancements of its Storage Delivery Network optimized for media applications, and further accelerate its global build-out of storage nodes to meet swelling demand for its online storage service."
The Courts

Submission + - Top three pay penalties for online gambling (stltoday.com)

denarn writes: "The ST. LOUIS POST-DISPATCH reports:
Three of the largest Internet companies have agreed to pay millions in fines, cooperate with investigators and stop accepting ads for online gambling.
Microsoft, Google and Yahoo neither admitted nor denied federal prosecutors' claims that as much as a decade of their advertising aided and abetted the crime of online gambling. But as part of the $31.5 million settlement, they have agreed to stop running online gambling ads and also agreed not to publicly contradict the allegations.
In the agreement, the companies agreed to cooperate with investigators, including the FBI and the criminal investigation division of the Internal Revenue Service.
Federal prosecutors in St. Louis have developed a specialty in combating online gaming."

Programming

Submission + - Nirvanix launches as a competitor to S3

SoulMaster writes: New start-up, Nirvanix, has announced a storage platform to compete directly with Amazon S3. According to their release, "Emerging from stealth mode today, San Diego-based startup Nirvanix is unveiling its new business-to-business storage delivery service (SDS) that offers on-demand Internet storage for Web 2.0, media application, service provider and consumer electronics"

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