Alcatel-Lucent Execs Jump Ship
The announcement came at the same time the Paris-based telecommunications firm reported a second-quarter loss of $1.7 billion, almost double its $912 million loss in the same quarter a year earlier.
The company contended that the poor results did not prompt the departures. Rather, it said, with the 2007 merger of Lucent Technologies Inc. and Alcatel SA now complete, the company needs a smaller board and new management. -- Peter Sayer, IDG News Service
British Hacker Faces Extradition
LONDON -- The highest U.K. court last week dismissed a British hacker's appeal of an extradition order to face charges of breaking into U.S. military computers to uncover evidence of UFOs.
Gary McKinnon, 42, of London, would be the first person to be extradited to the U.S. for computer-related crimes, if a final appeal to the European Court of Human Rights fails. He faces up to 60 years in prison.
McKinnon has admitted that he used a program called RemotelyAnywhere to hack into PCs in the U.S.
U.S. officials say the intrusions disrupted military computer networks.
McKinnon maintains that the hacking caused no harm. -- Jeremy Kirk, IDG News Service
Frank Huang, chairman of Hsinchu, Taiwan-based memory chip maker Powerchip Semiconductor Corp., was charged last week with conducting insider stock trading prior to his company's unsuccessful 2006 bid to buy Macronix International Co., which is also in Hsinchu. Huang faces four and a half years in prison and a fine of $1.95 million. -- Dan Nystedt, IDG News Service