Criminals controlling millions of personal computers are threatening the Internet’s future, BBC News reports. Up to a quarter of computers on the Net may be used by cyber criminals in so-called botnets, said Vint Cerf, one of the fathers of the Internet. Technology writer John Markoff said: “It’s as bad as you can imagine, it
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If you’ve picked up a TomTom Global Positioning System device over the past few months, you may have bought more than you bargained for, PC World reports. TomTom International has confirmed that some of its latest Go 910 devices have shipped with a virus preinstalled. The infected systems were all manufactured during a one-week period
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MFS Holdings Pcl (MFS) has offered to acquire Bank of Cyprus’ (BOCY) 28% participation in the share capital of Universal Life Insurance Public Company Limited (UL), at a cash consideration of CYP 3.00 per share for a total consideration of CYP 11.3 mln. Bank of Cyprus had agreed in July 2006 to sell the stake
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Cypriot President of the House of Representatives Demetris Christofias leaves Monday for the People’s Republic of China where he will pay an official visit 6–12 February, at the invitation of Chairman of the National People’s Congress (NPC) Wu Bangguo. During his visit, Christofias will hold talks with the President of the National People’s Congress, Vice
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Former President of the Republic Glafcos Clerides is said to be in a stable and satisfactory condition after suffering acute bronchitis which sent him to Larnaca General Hospital’s Intensive Care Unit.His doctor Iosif Kasios told reporters on Sunday that Clerides was admitted to hospital on Friday where he was diagnosed with the acute bronchitis following
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The European Commission on Monday published a communication aimed at launching a debate on improving fishing capacity and effort indicators for the Common Fisheries Policy (CFP). At present, capacity is measured in terms of the gross tonnage (GT) of a vessel, and the propulsive power of its engines (kW), while fishing effort is expressed in
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SFS Group Pcl (SFS) announced its preliminary 2006 results reporting a spectacular 201% YoY increase in net profit to CYP 8.1 mln or EUR 13.98 mln from CYP 2.68 mln or EUR 4.65 mln in 2005. Earnings per share jumped 183% to CYP 0.0294 (EUR 0.051) from CYP 0.0104 (EUR0.018) in 2005. SFS reported that
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The Feb. 12, 2007 issue of the European edition of TIME magazine — available in newsstands throughout Europe as of Feb. 2 — carries a full-page factual announcement on the Armenian Genocide, along with a complimentary DVD, in English and French, which contains a compelling 52-minute documentary on the Armenian Genocide by French director Laurence
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Preliminary estimates of the insured loss from Winter Storm Kyrill, which struck on January 18-19, average around EUR 5 bln. While losses to individual rated insurers and reinsurers should be manageable, the earnings of some reinsurers will be meaningfully hit, says Moody’s Investors Service in a report. The seven preliminary estimates published to date of
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Investigation and security was the fastest-rising services activity by value in the first quarter of 2007, according to the Statistical Service Cystat, but when relative weights are taken into account, it is the accountants and lawyers who appear to be driving the economy. According to the new data, the turnover value of investigation and security
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