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Oracle’s net income for the quarter that ended November 30th jumped 28 percent to US$1.9 billion compared with the same period last year. The increase can easily be attributed to it’s software license sales.

Read more here.

Some privacy groups roundly criticize a new policy paper from the U.S. Department of Commerce because it falls short of what’s needed to protect Internet users.

The Commerce Department paper recommends moving towards an online privacy bill of rights and code of conduct for Internet companies, with enforcement to be brought by the U.S. Federal Trade Commission.

Several privacy groups have questioned whether the code of conduct would be effective because of the recommendation by the Dept of Commerce that affected companies help write the new regulations.

According to the FBI four executives at publicly traded technology companies have been arrested on charges that they sold inside information about their employers.

That this activity happened is not a surprise, that they were actually charged with the offense is. Hundreds of thousands of employees routinely disseminate confidential employers only information, some unknowingly or unwittingly, however few do it for profit or personal gain.

Read more about this story here.

If you want the fastest web connections, move to the northeast. That according to a recent report showing that the fastest speeds are found in the Northeast corners of the United States.

Read more here.

A U.S. Department of Education worker today pleads guilty to accessing the loan files of hundreds of college students.

Despite safeguards already in-place, as long as their is a human element to it’s maintenance or access data is subject to being breached or misused as is evidenced by stories like the above on an almost daily basis.

Read more about the story above by clicking here.

Recent data suggests that companies database admins are set to move their databases into the cloud over the next couple of years.

Personally I see the advantages but as with any system, backups need to occur. Any company that relies strictly on a cloud based system risks loosing incalculable amounts of data and putting it’s security into an unknown.

Many groups that want net neutrality rules don’t like a net neutrality proposal from the FCC’s chairman however it’s of interest to note that most of the phone and cable companies agree with the proposals laid out thus far.

Read more by clicking here.