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or resemblance to actual persons, companies, or situations is purely coincidental.
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* This icon denotes articles that are factual.
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Extar
Stock on the Rise
SANTA
CLARA, CA -- Extar
Systems, the California-based software company that announced
a revolutionary new online commerce management product at
the recent EXcomp Technology Show in Chicago said today that it has enjoyed
a steady rise in stock value since the product launch.
With online commerce growing
by more than 20% year over year, the market for management
software allowing companies to maximize their online efforts
is hot, as evidenced by the recent scandal involving Extar and Houston-based Evans Business
Solutions. Evans and Extar are fierce rivals in the online commerce management
arena.
The rise in stock has attracted an impressive number of new investors
to Extar, and company president Jim Tarskan is very optimistic
about 2004. "The
growth that we have seen since our announcement has been shocking," said
Tarskan. "We knew that this would
be big, but we did not anticipate this kind of growth. It
is a great reward for all of the hard work that our technicians
and programmers put into the development of the product."
Not everyone
is thrilled about the boost that Extar is receiving. Evans Business Solutions
maintains that Extar's product is identical to one that they are preparing
to release, and that Extar actually built the product around code that
was stolen from Evans.
"We don't yet have hard evidence that Extar was
involved in the data theft," explained Evans spokesperson Daniel
Thompson, "but we do know that for most of the two years that we
were developing our product there was no other company working
on the same technology. Suddenly Extar releases a product
that is nearly identical. Something doesn't add up."
Extar defends
against these claims, saying that their investment in resources—both
in staff and in funding—was significant and is the reason they were
able to beat Evans to market.
No doubt we have not heard the end of the Extar-Evans
case, but in the meantime Extar is enjoying the wave of success
that has resulted from the launch of its revolutionary software.
Low Carb Continues to be a Boon for Business
MIAMI, FL -- The
latest diet craze to sweep America—the "Low Carb Revolution"—continues to gain momentum and is one of the biggest
boons for the food industry in years.
At least it is a boon for those willing to
adapt to the new culinary tastes of consumers. Many cafes
and restaurants were quick to jump on the low-carb bandwagon,
and now fast food franchises are following their lead. Chains
such as Subway offer a number of low-carb menu items, and
a trip to the supermarket floods the shopper with promises
of low-carb eating.
From items that do
require some carb reduction to be compatible with Atkins—such as deep dish pizza—to items that one would never
think about making low carb—such as salad dressing—there seems to be no limit to what manufacturers will do
to capitalize on the fad.
A recent investigation
of the food industry uncovered some very questionable low-carb offerings. Judge for yourself:
H2Atkins
This bottled water product drawn from natural
springs in the Sierra Nevada mountains promises consumers
the best "low-carb water experience" they
have ever had. Believe it or not, the bottler had managed
to get the carb content of this water down to zero.
VinegAtkins
Available in white wine, apple cider, and rice
varieties, this specially formulated low-carb vinegar will
ensure that those tangy and sour dining experiences are Atkins
friendly. No more worrying about bloating up after enjoying
that lemon/vinegar salad dressing.
CarbWhip
This unfortunately named product sounds like fluffy,
scoopable carbohydrates, but it is actually a Cool Whip-style
non-dairy product that not only contains zero carbs, but
also zero flavor. It may not be the most fun you've ever
had at dessert, but at least Atkins would approve. Rumor
has it that CarbWhip is a favorite of one of the suspects
in the Evans data theft case.
Crest Whitening: Low Carb
Everyone wants shiny white
teeth, and the Crest line of use-at-home whitening products
has been a smashing success. But for those concerned that
brushing might put them over their daily carb limit, Crest
is unveiling a special low-carb version of their popular
toothpaste. Available in beef, pork, and chicken flavors.
Palmolive "Low Carb
Essence"
A lot of people have that bad habit of chewing on their fingernails,
and some of those people are afraid that the soap residue
caught under their fingernails after washing dishes could lead
to an overload of carbs. To combat this problem—and to put
customers' minds at ease—Colgate-Palmolive have announced
a new line of dishwashing liquids that are guaranteed to be low
in carbs. The first and only dishwashing liquids to carry the
Nutrition Facts label.
CarBird Deluxe Seed Mix
Those who are really sensitive to carbs
and really sensitive in general have begun to take the health
of the animals around them into account as well. For those consumers
there's CarBird Deluxe Seed Mix, a special formulation of bird
seed that will keep those feathered friends slim and low on energy,
just like you. Just put a few scoops of CarBird in the patio
feeder and you can be guaranteed that birds will always be hanging
around your place—because after a few weeks on this diet they may not
have enough energy to fly away!
Intercompany Romances Can Spell Disaster
SAN FRANCISCO, CA -- We've all heard
the advice that it's best not to date someone you work with.
Such arrangements can often make for a tense office environment
when the relationship ends. Another piece of advice that
is less often heard is that employers should discourage their staff from
dating workers from competing companies.
Whereas office romances can result in lost productivity,
love affairs between employees of competing companies can
result in the passing of trade secrets. Researchers have
found that when partners see a distinct financial advantage
at one company, they will in some cases begin helping that company gain
an advantage with the aim of eventually becoming solely reliant on that
organization.
Known as "lovetrusion," this
filtering of sensitive information to the organization of
a spouse or love interest has created headaches for many
companies.
"Often
times the information funneled out of the organization is
relatively harmless," explains business psychology expert Burt
Tramonds. "But highly sensitive information such as customers' personal
data or even research data for projects under development
could fall into the hands of the competition."
Legislation Pending?
Congress is not blind to the threat that
lovetrusion poses to corporate America, and several prominent
senators are working on a bill that would require harsh penalties for
anyone found guilty of the crime.
The Ben-Jen Act, as it is currently called—named after the actor whose career was almost destroyed by a lethal
partner—would specify mandatory prison time of 20 years and fines
of up to $5 million in cases of lovetrusion.
"What the senators are trying to do is to discourage employees
from undermining their companies by threatening to throw the book at
them," says a spokeperson for the authors of the bill who wishes
to remain anonymous. "Of course, they realize that in reality most
offenders will be sentenced to three weeks of community service
and a $250 fine, but we're going to keep that hush hush."
Software companies are already jumping on the
legislative bandwagon, preparing marketing tactics to take advantage
of the Ben-Jen storm that is sure to come. Expect "Ben-Jen Compliance" to
be the catch phrase of 2005.
Back to Reality
In the real world (i.e. outside of Capitol
Hill) the business community is beginning to realize that
lovetrusion is a problem best dealt with internally, through employee
education and internal sanctions when necessary. Realizing that lovetrusion—like love itself—will not be deterred by government regulations,
companies are coming up with their own incentives and rewards for being a good employee.
With
diligence, clear guidelines, and perhaps company-sponsored internal singles
mixers, American business can survive the dangers of lovetrusion and
the possibly devestating effects that it could have on the bottom line.
Other Business Stories
Be sure to uncover all the clues...
Issue 1
Fall in Love with Security in 2004
Bytware has developed the StandGuard Premier Customer program. The program allows StandGuard Anti-Virus customers to pick and choose the StandGuard Security products that best suit their needs, building their own custom suite, and do it at substantial promotional savings! :: View full story.
Spam Costing Companies Millions Each Year
There's virtually no computer user in the world who has not felt the frustration of unwanted commercial e-mail, also known as Spam, which floods the inboxes of millions daily and threatens to render e-mail useless. :: View full story.
Mydoom Hits iSeries
As the original Mydoom worm (W32/Mydoom@MM) continues to spread at blazing speeds around the world, a second variant has been unleashed and is adding to the already overwhelming bandwidth consumption worldwide. In another twist that may have been unexpected by many IT administrators, Mydoom has also hit the iSeries. :: View full story.
IBM Enhances iSeries with New Solutions Supported by Software Vendors
Adding to its arsenal of solutions running on the IBM eServer iSeries, IBM today announced that more than 300 new Linux and WebSphere solutions have been successfully ported to the iSeries platform. The addition of the solutions over the last year is in response to demand from server customers around the world. View full story.
Issue 3
Extar Stock on the Rise
Extar Systems, the California-based software company that announced a revolutionary new online commerce management product at the recent EXcomp Technology Show in Chicago said today that it has enjoyed a steady rise in stock value since the product launch. :: View full story.
Intercompany Romances Can Spell Disaster
We've all heard the advice that it's best not to date someone you work with. Such arrangements can often make for a tense office environment when the relationship ends. Another piece of advice that is less often heard is that employers should discourage their staff from dating workers from competing companies. :: View full story.
Issue 4 Global Security Survey Results are Troubling for IT
It's no secret that security risks are widespread and growing. As technology outpaces the framework and guidelines within which it is used, the opportunities for data and identity theft are flourishing. :: View full story.
Is Jelly Belly on your Breath?
For years nutritional experts have said that breakfast is the most important meal of the day. Unfortunately, a large percentage of the population doesn't subscribe to this belief. Jelly Belly is considering a new approach. :: View full story. Consumers Find Relief from Gas Prices in Unlikely Place
Soaring gas prices have been making a dent in consumers' pocket books all spring, and nowhere has the pain been felt more than in Southern California. As prices approached $3 per gallon, drivers decided to fight back. :: View full story.