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Submission + - ICANN wants immunity

rprins writes: "In what maybe a reaction to recent Homeland Security demands a strategic report by ICANN suggests the organization should take on the model of a private international organization. That would make it immune from US law and regulations. However, it's more than likely the Bush administration will not grant ICANN these privileges, so the organization opts to relocate to Switzerland where those privileges are attainable."

Apple Announces More Options Troubles 159

fremen writes "Apple today announced that they will be withdrawing their financial reports back to September 29, 2002 and delaying the filing of future reports after finding more backdated options problems. Companies backdate their stock options by looking back over a period of time and choosing a historical low as the option strike price. While not illegal, this must be fully disclosed to investors and properly accounted. Expect more uncertainty in the coming weeks as regulators must now uncover how much of Apple's record profits were incorrect as well as whether or not Steve Jobs will be able to continue leading the company."

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