Today in the news, Google is being sued for $1 Billion by a small technology development company whom claims that as they were working with Google on a program which would allow3 users to move their existing emails, calendars, and address books over to Google’s http://mail.google.com/. This would allow users to migrate more quickly to Google’s email program allowing them to secure a larger stake in the free personal email market which is currently dominated by rival Yahoo mail which was earlier to come out the gate with free email services.

The software developer who worked with Google on the project was a two man operation called LimitNone and they are being represented by the law firm Kelley Drye & Warren. The claim is that while the LimitNone developers were working on the program which would allow users to move their emails, calendars and addresses to gMail that Google started to develop in house a program which was based on the same technology and that they eventually went with their own in house program rather than the program developed by LimitNone thus cutting them off from any shares in revenue from the technology for which they say they could have charged $29.95 per user.

Also in the news this week Godaddy, the world’s largest domain name registrar says that they have reached 30 million domain names under their management. This is great news for the internet industry that despite a struggling economy that the internet is still growing and looks to continue to do so in the foreseeable future. Forrester Research forecasts online spending in 2008 will increase by 17 percent and of course the always positive Bob Parsons of Godaddy estimates even greater growth in the internet market in the coming year.

Godaddy now claims that they have a 45% market share of all domain names on the internet. “These numbers really demonstrate how the Internet is alive and well, even in these rough financial times,” says Bob Parsons, Go Daddy CEO and founder. “We knew from the start, helping make it easy and affordable for people to get online would make a difference. That’s why we developed products our customers wanted, priced them right and then backed them up with personal customer service… and, well the rest is history.” Godaddy now employs over $2000 people and has increased their employee base by 33% in the last 3 years.

Also in the news this week, Yahoo announced that they have fixed a webmail vulnerability which until recently put users at risk of having their login information misappropriated. The flaw was found by security firm Cenzic. Yahoo! says it fixed the bug on June 13, which was soon followed by Cenzic posting a detailed advisory on the issue.


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