Technology news February 2008

Technology

E-Postcard friendly-looking, but damaging

A computer virus masquerading as a digital postcard could install a Trojan, or worm hijacking software on your computer, allowing others full access to your PC. Simply clicking on the link contained in the e-mail message launches the malicious software (malware). "The bad thing is it opens what they call a back door and what that will do is allow someone at some point to exploit your computer in any number of ways," computer technician Dan Blanchard told NBC News.The e-mails look innocent enough.
Technology

Most accountants unable to help clients take advantage of technology opportunities

Results of a survey conducted by our sister site, AccountingWEB co.uk, and the British National B2B Centre conducted in the autumn of 2007 show that more than three-quarters of respondents held positive views of e-business, but only 8 percent of them advised clients on e-business strategies.
Technology

Microsoft gives students access to technical software at no charge

Microsoft Corp. Chairman Bill Gates today will unveil a software giveaway that will ultimately provide millions of college and high school students around the world with access to the latest Microsoft developer and designer tools at no charge to unlock their creative potential and set them on the path to academic and career success.The Microsoft DreamSpark student program makes available, at no charge, a broad range of development and design software for download.
Community News

PwC's green movement offers market opportunities for tech sector

As public awareness and support for global environmentalism increases, technology organizations are beginning to implement green initiatives to mitigate their impact on the planet. However, altruism is just one of many motivating factors behind the green movement according to a recent study conducted by PricewaterhouseCoopers titled: "Technology Executive Connections: Going Green: Sustainable Growth Strategies." The strongest driver is economic.
Technology

SEC unveils 'Financial Explorer' investor tool using XBRL

Securities and Exchange Commission Chairman Christopher Cox has announced the launch of the "Financial Explorer" on the SEC Web site to help investors quickly and easily analyze the financial results of public companies. Financial Explorer paints the picture of corporate financial performance with diagrams and charts, using financial information provided to the SEC as "interactive data" in eXtensible Business Reporting Language (XBRL).
Practice Management

New strategy for building online communities

By Lynn Sheehan Building online communities for stakeholders including employees, staff, customers, and partners to increase communication, collaboration, and learning is a crucial strategic program to attract and retain the next generation of employees. Generally, it takes a catalyst to push stakeholders to interact online—especially the over-30 crowd.
Technology

The secrets of effective Web marketing

By James PenningtonAt a recent seminar with the Chartered Institute of Marketing at UK's Warwick University, National B2B Centre consultant James Pennington presented some pointers on how to make your website a more effective marketing mechanism.First things first - plan your websiteSo many people sit down and start working on their website, then they stop and never get started again, because they haven't thought about what they are trying to do.
Technology

Thomson Tax & Accounting launches OneSource Tax

Thomson Tax & Accounting, a segment of The Thomson Corporation, has released OneSource Tax, a portal interface designed to help corporate tax departments easily access tax tools, manage workflows, and track key information."The vision behind developing the OneSource Tax platform was driven by the need to create a tool that would allow our customers to better manage their workflows through the integration and utilization of the entire Thomson Tax & Accounting portfolio of software and services for the corporate tax market," said Michael Knighton, vice president of Corporate Workflow Tools fo
Technology

'Reports of VBA's demise have been greatly exaggerated'

Over the past few weeks, Microsoft has tried to reassure user-programmers that it would continue to offer Visual Basic for Applications (VBA) within Office applications. Rumors and controversy have swirled since last month's release of Microsoft Office 2008 for Mac, which did not include support for VBA.
Technology

Baseball tickets: Touch all the tax bases

With spring training on the horizon, your client may have lined up baseball tickets. Careful planning can maximize the tax benefits for the coming season.Strategy: Advise your client to take customers out to the ballpark. Besides building goodwill, the client may write off certain ticket costs plus other out-of-pocket expenses. The costs may qualify as business entertainment or a business gift. Ground rules: If a taxpayer attends a game with a customer, the cost is deductible only if the event qualifies as business entertainment.
Technology

Excel flagged as corporate security weak spot

Microsoft's Excel spreadsheet program has become a primary target for hacking attacks, according to security experts recently interviewed by Redmond magazine. In the last 12 months, for example, Symantec has identified at least six Excel vulnerabilities for which there were no patches.
Technology

Accessing the World Wide Web from the comforts of the world

There are numerous buzzwords floating through the world of business today, but recently it seems that wireless fidelity access has been tossed around more than others. Places like restaurants, train stations and airports, libraries, hotels, hospitals, coffee shops, bookstores, and many other public places are opening their networks to the public, either for free or for a small cost, giving laptops, Wi-Fi phones and other suitable portable devices instant access to the Internet.
Practice Management

Far from remote: The risks of mobile working

As many as 81 percent of hiring managers have policies in place that allow employees to work remotely, according to a study performed by Yoh, a talent and outsourcing services provider. And the results of a study released by study released by Cisco and Insight Express, an independent surveyor, which polled 1,000 remote workers in 10 countries, found that teleworkers frequently hijack neighbors' wireless networks, share computers with non-employees, and open e-mail from unknown sources.
Technology

Business on the move

Love it or hate it, modern mobile technology means we're always on demand. Sometimes you have to know when to switch off. Recent news states that some airlines are making preparations to allow the use of mobile phones in flight, signaling the end of being "uncontactable." Now no one can leave their work at the office. Of course, being able to work at will, almost anywhere and anytime, has radically changed the way we do business. But it's a double-edged sword. On the one hand, mobile communications means workers have more flexibility and can be more productive.
Technology

New gadgets ease the pain of traveling

So much about traveling is beyond your control: delayed flights, too-small seats, poor service, annoying passengers, traffic jams, pre-packaged meals (or none at all)... the list is endless. Why not tune out some of the aggravation with some of the newest gadgets?
Technology

Internet disruptions a 'close shave' for India

Internet speeds slowed for several days after three Internet cables in the Mediterranean Sea were sliced, disrupting service in the Middle East and India, but observers say major outsourcing operations adjusted to the crisis well.India has attracted a huge volume of data processing and back-office work, and the largest western businesses felt few effects, FinanceWeek reported. Infosys, for example, India's second largest business process offshoring provider, said its service was unaffected because of redundancies built into its system.
Technology

Microsoft proposes $45 billion acquisition of Yahoo!

Microsoft Corporation has announced that it has made a proposal to the Yahoo! Inc. Board of Directors to acquire all the outstanding shares of Yahoo! common stock for per share consideration of $31 representing a total equity value of approximately $44.6 billion. Microsoft's proposal would allow the Yahoo! shareholders to elect to receive cash or a fixed number of shares of Microsoft common stock, with the total consideration payable to Yahoo! shareholders consisting of one-half cash and one-half Microsoft common stock.
Technology

Tax reminders for businesses with home offices

In order to educate taxpayers, the IRS has provided this fact sheet which explains the rules for deducting home office expenses.Home Office Deduction: Basic RequirementsGenerally, expenses related to the rent, purchase, maintenance, and repair of a personal residence may not be deducted as a business expense. However, taxpayers who use a portion of their home for business purposes may be able to take a home office deduction if they meet certain requirements.

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