■ PC security
`Big Yellow' on the loose
A computer worm is attacking business PCs through a flaw in antivirus software developed by Symantec Corp, a security company warned on Friday. EEye Digital Security, based in Aliso Viejo, said the worm, dubbed "Big Yellow," began attacking some computer systems on Thursday -- seven months after eEye first discovered the flaw. Symantec released a patch to address the flaw in May but it is up to its corporate customers to install it. Big Yellow enters machines through a security hole in the corporate version of Symantec's Norton Antivirus software. Once infected with the worm's "bot" program, a hacker can use it as a way to connect with other computers for malicious attacks.
■ E-Commerce
Amazon files countersuits
Amazon.com Inc denied that it had violated IBM Corp patents in building its massive retail Web site, and instead alleged that IBM infringed on Amazon's technology to improve its own offerings. In countersuits filed on Thursday in federal court in Texas, Amazon said that IBM's previous legal claims of patent infringement were a meritless and misleading attempt to cash in on its vast patent holdings and Amazon's success. Amazon this year will sell US$10 billion worth of everything from books and CDs to pet supplies and jewelry. IBM is the world's leading patent holder, spending US$6 billion a year in research and development and earning about US$1 billion a year in royalties.
■ Trade
Free-trade zones planned
The government is aiming at increasing the number of companies established in the country's free trade port zones from the existing 92 to 105 by the end of this year, a Council for Economic Planning and Development (CEPD) official said on Friday. CEPD Vice Chairman Thomas Yeh (葉明峰) said that in order to attract more companies to the zones, the government will work to integrate efforts by the Ministry of Economic Affairs and Taiwan's economic agencies stationed abroad, upgrade the operations of free trade port zones to the level of strategic industries, as well as relax limitations on the employment of foreign laborers at the zones.
■ Automobiles
Mazda to scrap stranded cars
Japan's Mazda Motor Corp will scrap some 4,700 cars that were left for roughly a month on a cargo ship that nearly capsized on its way to the US in July, reports said yesterday. The ship loaded with Mazda cars sat listing at an angle of more than 60? for nearly a month after an incident in the North Pacific in late July, Kyodo News and the Mainichi Shimbun reported, citing Mazda officials. Even though most of the cars had no visible damage, the automaker decided to throw them out as they were unable to ensure they were market-quality after such a long time at sea, one Mazda official quoted by the Mainichi said.
■ Economy
Emerging sectors targeted
Minister Without Portfolio Ho Mei-yueh (何美玥) said on Friday that the short and middle-term goal for local industry was to promote the development of several emerging sectors. She estimated that the production value of such sectors would exceed NT$1 trillion (US$30.3 billion) by 2015. The former economics minister said that examples of emerging sectors include wireless broadband, digital life, health care and the green industry.
Intel Corp chief executive officer Lip-Bu Tan (陳立武) is expected to meet with Taiwanese suppliers next month in conjunction with the opening of the Computex Taipei trade show, supply chain sources said on Monday. The visit, the first for Tan to Taiwan since assuming his new post last month, would be aimed at enhancing Intel’s ties with suppliers in Taiwan as he attempts to help turn around the struggling US chipmaker, the sources said. Tan is to hold a banquet to celebrate Intel’s 40-year presence in Taiwan before Computex opens on May 20 and invite dozens of Taiwanese suppliers to exchange views
Application-specific integrated circuit designer Faraday Technology Corp (智原) yesterday said that although revenue this quarter would decline 30 percent from last quarter, it retained its full-year forecast of revenue growth of 100 percent. The company attributed the quarterly drop to a slowdown in customers’ production of chips using Faraday’s advanced packaging technology. The company is still confident about its revenue growth this year, given its strong “design-win” — or the projects it won to help customers design their chips, Faraday president Steve Wang (王國雍) told an online earnings conference. “The design-win this year is better than we expected. We believe we will win
Chizuko Kimura has become the first female sushi chef in the world to win a Michelin star, fulfilling a promise she made to her dying husband to continue his legacy. The 54-year-old Japanese chef regained the Michelin star her late husband, Shunei Kimura, won three years ago for their Sushi Shunei restaurant in Paris. For Shunei Kimura, the star was a dream come true. However, the joy was short-lived. He died from cancer just three months later in June 2022. He was 65. The following year, the restaurant in the heart of Montmartre lost its star rating. Chizuko Kimura insisted that the new star is still down
While China’s leaders use their economic and political might to fight US President Donald Trump’s trade war “to the end,” its army of social media soldiers are embarking on a more humorous campaign online. Trump’s tariff blitz has seen Washington and Beijing impose eye-watering duties on imports from the other, fanning a standoff between the economic superpowers that has sparked global recession fears and sent markets into a tailspin. Trump says his policy is a response to years of being “ripped off” by other countries and aims to bring manufacturing to the US, forcing companies to employ US workers. However, China’s online warriors
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