You just thought the love bug was a thorn in your side. Overnight, cyber criminals have rewritten the "I Love You" virus and generated many new mutations of what is now being classified as a worm. The new classification comes from its ability to replicate itself.News reports indicated that a new virus called, "Joke," closely followed the "I Love You" virus, but today, there are reports that two new worms are in distribution.

It seems that love is in the air today. And it is infecting computers from Asia to Europe and now the United States in one of the worst outbreaks of computer viruses ever to hit the Internet.First of all, before you read any further, if you see an email with "I Love You" in the subject line, BE SURE TO DELETE IT COMPLETELY FROM YOUR SYSTEM.Now, the story.

AccountingWEB was honored to host an onlike workshop this week featuring Mike Willis, Chairman of the AICPA led XBRL Steering Committee, to talk about this new language of electronic financial reporting.

In an open letter to customers, partners and shareholders, Microsoft's Bill Gates and Steve Ballmer explain how and why the government's proposal to break up Microsoft would harm consumers and other companies in the high-tech industry.

A recent survey conducted by the Orange County office of Deloitte & Touche shows that 64 percent of boys ages 6 to 17 spend more two hours per week using a computer while only four in ten or 44 percent of girls do.A survey of more than 145 local kids showed that computers are used for playing games, typing schoolwork, and earching the Internet.

Everyone knows that labeling a transaction 'secure' over the Internet is a sure thing, right?Wrong! Not all online security companies are alike, and as financial professionals, it is up to us to advise our clients on the why and how of online security if the client conducts any kind of e-Commerce transaction.Education is the best policy.

US accounting software vendor Peachtree is the latest and probably most significant entrant in the application hosting market.The Atlanta-based subsidiary of the Sage Group this week launched ePeachtree, a Web-based accounting suite that users can rent for $9.99 a month.The software rental model allows small businesses to get accounts and business reporting systems up and running with no capital outlay and none of the headaches associated with software and network configuration.The system lets customers access their financial applicati

According to industry sources, the Justice Department is very close to recommending that Microsoft be split into two entities in order to avoid running a monopoly in operating systems. The rumor has been confirmed by several of the nation's leading newspapers, including USA Today, The Wall Street Journal and the Washington Post.Under a new scenario, the first company would only manufacture Windows, as well as the browser technology for the Internet.

What's going on at Internet portal and search engine maverick Yahoo! these days? Quite a lot, thanks to CFO Gary Valenzuela.The company has made a profit for over four years in the face of dotcoms that can barely scratch the surface of seeing any black. What's the secret? A conservative stance by Valenzuela on most everything, according to industry experts.Some credit needs to be given to a savvy marketing approach and the fact that Yahoo! doesn't have any inventory attached to it ...