Nortel Networks Corp. once again will have to restate its financial results to fix accounting mistakes, the company said on Friday as it posted a fourth-quarter loss of $2.2 billion. Their chief executive maintains that the revenue was just recognized in incorrect periods, from 2002 through 2005. Revenue recognition is definitely a touchy subject theseContinue reading “Revenue recognition and Nortel”
Monthly Archives: March 2006
Toronto’s building wi-fi network downtown
It was not too long ago that I was writing about Chicago’s plans to blanket the city in wireless internet and wondering when Toronto would follow suit. Well apparently, it won’t be long: Mayor David Miller will join Toronto Hydro executives on Tuesday to officially announce the initiative, which will be the largest of itsContinue reading “Toronto’s building wi-fi network downtown”
Wireless internet theft affects us all
A story in the New York Times about your friendly neighborhood wireless thieves. I have to admit I’m guilty of this when I’m not at home, but it pretty much does serve you right if you don’t secure your network. Maybe municipal wi-fi will cut down on this “phenomenon”… Edit: If only Twitter were inventedContinue reading “Wireless internet theft affects us all”