by Marisa Taylor, Reporter, The Wall Street Journal
EarthLink email customers experienced outages over much of the weekend, according to numerous online complaints.
Starting Friday, Twitter users began to post updates about service outages. Alex Mendez tweeted “33:40 minutes on the cellphone dealing with TW / earthlink. UGH,” and Diane Fischler wrote, “Not getting email messages again. Woke up to about 60 left over from yesterday’s Earthlink outage, now seems to be down again. Who else?”
by Andrew LaVallee, Reporter, The Wall Street Journal
Phishing attacks that affected customers of Microsoft’s Hotmail Monday have compromised more than 30,000 email accounts, including those of Gmail, Yahoo Mail and other services.
Microsoft blamed phishing, in which cybercriminals try to trick consumers into revealing personal information through fraudulent emails, for a list of Hotmail account passwords that appeared online.
by Eric Savitz, Blogger and Columnist, Barron's Tech Trader Daily
Earthlink is an odd company: It continues to generate more and more cash from the terminally ill (and steadily shrinking) dial-up Internet access business. Its coffers are bursting at the seams. Judging by the company’s valuation, the Street doesn’t see a whole lot of value in the core business. But there certainly is intrigue over the cash–including whether the company will eventually buy the AOL dial-up access business.
by Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily
Earthlink (ELNK) shares are on the rise this morning after the company posted better-than-expected Q2 profits and raised its full-year guidance.
The provider of dial-up Internet access services posted Q2 revenue of $245.6 million, right in line with the Street.
Before Google gets too excited about open wireless access, it should look a little more closely at what did in AOL. The analogy is hardly perfect, but the new rules, promoted by Google, that will force Verizon to allow competitors to use its wireless network are in some way similar to those that forced phone companies to let rival Internet providers use their high-speed data services.
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