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March 29, 2007

They just want to IM in private

TechWorld: Hackers build private IM channel -- Hackers have built their own encrypted IM (instant-message) program to shield themselves from law enforcement agencies.

The application, called CarderIM, is a sophisticated tool hackers are using to sell information such as credit-card numbers or e-mail addresses, part of an underground economy dealing in financial data...

Posted by eubie at 9:18 PM permalink

Circut City fires 3,400 to replace with cheaper employees

I don't think Wal-Mart would be able to get away with this. There would be too much backlash. USAToday: Circuit City to fire 3,400 workers, will hire lower-cost replacements -- Circuit City Stores' decision to lay off 3,400 employees in order to hire lower-paid replacements is raising questions about the impact of severe cost-cutting on employee morale. and Washington Post: Circuit City Cuts 3,400 'Overpaid' Workers -- Circuit City fired 3,400 employees in stores across the country yesterday, saying they were making too much money and would be replaced by new hires willing to work for less.

Posted by eubie at 8:50 PM permalink