Wednesday, February 24, 2010

Computer Education in Nepal

Nepal is under developed country among other countries of the world.About 60% nepealse people are uneducated.Government of nepal should allow good education system in nepal.Incompare to other conuntries eductation system is not good in nepal we only now theory studies.Dun have good progress in pracitical education.Computer is just like a machine among many people in nepal till now.They don't have good knowledge about computer.Only in some high school computer education is provided.In urban areas still we cannot find computer.Computer education is still lacking among many people.We new generation should try to develope more about computer education.So hope we also can do our best in computer field.

Cyber theft


A Texas manufacturing firm last week filed a counter lawsuit against PlainsCapital bank of Lubbock in connection with the cyber theft of some $800,000 from its online banking account.
In a complaint filed in U.S. District Court for the Eastern District of Texas, Hillary Machinery Inc. of Plano, charged that PlainsCapital failed to adequately protect the stolen money from online thieves. Just as it would not be "commercially reasonable" for the bank to keep cash unguarded from thieves, it was unreasonable that the bank did not have adequate online protections, Hillary's complaint said.
Hillary Machinery is seeking to recover its losses from the theft along with court costs."When we put money into a bank there is a high expectation that the bank is going to protect that money," said Troy Owen, Hillary's vice president of marketing.
Hillary filed the lawsuit just a couple of months after PlainsCapital sued it, asking the same court to certify that its security procedures were "commercially reasonable." In its complaint, the bank noted that it had made every effort to recover the stolen money.
The bank's lawsuit was filed after Hillary demanded that it repay about $200,000, the amount of money not recovered since the theft.
The bank's somewhat unusual lawsuit did not seek anything from Hillary. In its complaint, the bank noted that it had made every effort to recover the stolen money and claimed that the unauthorized wire transfer orders had been placed by someone using valid Internet banking credentials belonging to Hillary Machinery.
The bank argued that it had accepted the wire transfer requests in good faith and was not at fault.
The dispute stems from a series of unauthorized money transfers made from Hillary's online banking account in 2009. The thieves, apparently using valid Hillary online banking credentials, accessed the company's account and wire-transferred a total of $801,495 to various overseas accounts. PlainsCapital recovered about $600,000 of the stolen money last year.
In last week's response to the bank's lawsuit, Hillary insisted that when it entrusted its "vital operating capital" to the bank, it assumed that PlainsCapital would adequately protect the money. The lawsuit comtended that the authentication measures used by PlainscCapital for wire transfer transactions could not protect the company from the kind of theft that hit Hillary.
"Hillary Machinery was not required to secure PlainsCapital's Internet banking system to ensure that its funds were not stolen and was not required to ensure that true multifactor identification was employed by PlainsCapital to counteract the known threat posed by malware, phishing and pharming," the complaint noted. Hillary insisted that if PlainsCapital had used "commercially reasonable" security measures, the unauthorized transfers would have been found to be outside the norm for Hillary.

About IT

Intel Capital and other venture capital firms will invest $3.5 billion in U.S. technology firms over the next two years, and Intel and 16 other large U.S. companies will step up their hiring of U.S. college graduates, especially those in computer science and engineering, Intel President and CEO Paul Otellini announced Tuesday.Intel, Google, Microsoft, eBay, Cisco Systems, and other companies will hire 10,500 additional graduates from U.S. colleges in 2010, with many companies doubling their hiring from 2009, Otellini said in a speech at the Brookings Institution in Washington, D.C.Stay ahead of the key tech business.
In some cases, the college graduates might not be U.S. citizens, but residents of other countries who attended college in the U.S., Otellini said. During his speech, he complained about current limits on the number of foreign workers U.S. tech companies can hire. "Our immigration policy seems deliberately designed to prevent us from attracting the best minds in the world," he said.The venture capital and student hiring commitments are part of a new Invest in America Alliance spearheaded by Intel. The venture capital effort will focus on clean technology, information technology and biotechnology, and in addition to Intel Capital, Intel's investment group, the 23 other venture capital groups participating include Menlo Ventures, Kleiner Perkins Caufield & Byers and Canaan Partners. Intel Capital will invest $200 million in the venture capital effort.Asked if the $3.5 billion in venture capital investments was on top of money venture capital firms would have already invested, Otellini said he wasn't sure about other venture capital. The $200 billion from Intel Capital is money it hadn't planned on investing, he said.The new announcements come a year after Intel announced it would invest $7 billion in U.S. microprocessor manufacturing facilities. Intel is on track to spend that money as planned, with two factories in Oregon producing chips, and two more in Arizona and New Mexico scheduled to start production later this year, Otellini said.Otellini spent much of his speech talking about areas where he sees that U.S. efforts to support innovation need to improve. Several countries now offer a more generous research and development tax credit than the U.S. government, he said, and U.S. corporate taxes are the second highest in the world.Asked to rate Congress, Otellini graded its performance as "pretty poor.""It's been a series of endless compromises and debate at a time when action is needed," he said.While a huge economic stimulus package that passed Congress in early 2009 may have prevented economic disaster, much of the money won't go out until 2011 or 2012, he added.Countries including China and India are pumping huge money into tech investments, and India has launched an aggressive broadband plan, Otellini warned. "The countries of Europe, Asia, Latin America, and before long, the Middle East are going to be competing with us in every sphere of the economy in years ahead," he said. "If we want to stay with them, and remain a vibrant growing economy, we have to recommit to a strategy that drives the economic growth of the future."

Tuesday, February 23, 2010

Introduction


hi its me barsha gurung frm nepal!!! well i m new student......just wana knew about new things... well i stay at beautiful city pokhara.i am proud to be nepali citizen........well i am the one in pink tshirt

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