Friday, November 03, 2006

100 million sites milestone reached

There may be a reason. Netcraft, an Internet monitoring company that has tracked Web growth since 1995, says a mammoth milestone was reached during the month of October.

"There are now 100 million Web sites with domain names and content on them," said Netcraft's Rich Miller.

"Within that, there are some that are busy and updated more often, and that represents the active sites, which are at about 47 or 48 million," he said.

Bloggers, small businesses, and simplicity have combined to create the dramatic growth of sites, much of it just in the past two years.

"The bottom line is it's much easier to create a Web site nowadays, and it's much easier to make money with a Web site," said Miller.

Netcraft uses the domain name system to identify Web sites, check how many of them are in a particular location, such as what operating system and Web server software they're running, and then publishes its information in a monthly report.

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Sanjay Kumar gets 12 years in prison

Sanjay Kumar, the former CEO of Computer Associates, was sentenced to 12 years in prison Thursday for his role in a $2.2 billion accounting fraud at the software company.

He was also fined $8 million. Kumar is due to report to a federal prison in New Jersey on Feb. 27, pending appeal.

Kumar, 44, pleaded guilty to charges including conspiracy, securities fraud and obstruction of justice in federal court in Brooklyn in April, Reuters reported.

The government said as part of the accounting scheme, Kumar improperly booked software license revenue from 1999 to 2000 in order to meet Wall Street analysts' profit expectations and then lied to investigators about it.

Assistant U.S. Attorney Eric Komitee told the judge that Kumar's actions represented "the most brazen and comprehensive obstruction in the modern era of corporate crime," Reuters reported.

Kumar's lawyers reportedly asked for leniency, citing his good works.

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