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Tag Archive: McAfee

McAfee Marks $13.8 Mln to Settle Stock Case

McAfee Marks $13.8 Mln to Settle Stock Case

Antivirus and security vendor McAfee is one o more than 100 U.S. companies (including Apple and Dell) to have been investigated by the U.S. Securities and Exchange Commission in regard to option backdating, a practice whereby stock options granted to executives and employees are backdated in a way which makes the grant most advantageous to the employees. There’s nothing illegal about backdating, per se, so long as its impact on a company’s overall financial status is fully disclosed. The problem is that many companies didn’t seem to get that, with the result that the value of backdated options was not accurately reflected on company balance sheets. And that is (potentially) accounting fraud.

Google: Digital Music, No; Site Safety, Yes

Attendees at this year’s National Association of Recording Merchandizers convention ins Kissimmee, Florida, breathed a sigh of relief has Google’s head of business development Chris Sacca said the Internet seach giant has no plans to enter the digital music marketplace, saying flatly “We are not going to be selling music.” Rumors have been circulating since 2004 that Google might open up its own music download store to compete with Apple’s market-leading iTunes Music Store, and talk intensified when Google began selling video content via Google Video—perhaps the company’s less-than-stellar results with online video have lead it to conclude entering the online music business wouldn’t be a good move. So if you were waiting for “gTunes” or a “gPod” music player, don’t hold your breath.

McAfee Update Deletes Important Files

Last Friday, an update to McAfee’s virus definitions caused the company’s antivirus software to quarantine or delete many Windows applications and other important files. The flawed virus definition update (number 4715) was available for approximately five hours on Friday, March 10, before being withdrawn.

Users who installed the update during that period may have seen everyday applications like Microsoft Excel and Graph, Adobe Acrobat, Macromedia Flash Player, MySQL, and AutoCAD listed as items infected with the virus W95/CTX. Depending on the McAfee product in use and its settings, users may have seen items quarantined (moved to another directory on the system) or deleted outright.

McAfee antivirus comes to Pocket PCs

Fully compatible with Windows Mobile 2003 software for Pocket PCs, McAfee VirusScan PDA is am antivirus which is targeted solely towards OEM partners for customization, and as such will not beavailable as a standalone solution for purchase by consumers or enterprises.

So far, Dell is the first – and only company to include a specially adapted version of McAfee’s VirusScan PDA with the Windows Mobile 2003 versionof its Axim X5 handheld, but McAfee expects more OEMs to show interest in its solution as the proliferation of wireless technologies such as Bluetooth and 802.11b continues.

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