Man denies digital piracy in first case under '98 act

Article Abstract:

Russian computer programmer Dmitri Sklyarov and Moscow, Russia-based ElcomSoft have pleaded not guilty to computer crime and conspiracy charges in a case brought by the US Justice Dept. in San Jose, CA. Sklyarov and ElcomSoft will be tried in a precedent-setting case under the 1998 Digital Millennium Copyright Act. Sklyarov and ElcomSoft are charged for their contribution to Advanced eBook Processor software that can decrypt Adobe Systems' electronic books.

Data Encryption Software Pkgs, Russia, Encryption software, ElcomSoft Company Ltd.

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Bankruptcy auction begins for speech technology company

Article Abstract:

Lernout & Hauspie's bankruptcy auction has begun at a New York law office. Bankruptcy courts in Belgium ordered the speech technology company to liquidate and many companies have been scrambling to find capital in order to purchase bargains from the failed concern.

Computer Software, Belgium, Planning, Computer software industry, Software industry, Software, Cases, Lernout & Hauspie Speech Products N.V., Bankruptcy, Liquidation, Company bankruptcy

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S.E.C. Opens Investigation Of Fannie Mae

Article Abstract:

The Securities and Exchange Commission will investigate the Federal National Mortgage Association for improper accounting methods in which the company allegedly smoothed out earnings highs and lows to make it appear more stable.

Sales, profits & dividends, Financial management, Mortgage Bankers, Real Estate Credit, Mortgage Bankers and Brokers, Mortgage Bankers & Brokers, Mortgage and Nonmortgage Loan Brokers, Company legal issue, Investigations, Company sales and earnings, FNM, Company earnings/profit, Mortgage banks, United States. Securities and Exchange Commission, Company financing, Federal National Mortgage Association

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