Martyn Williams

BitWallet Inc., a joint venture company headed by Sony Corp. and NTT DoCoMo Inc. that operates a fledgling electronic money system in Japan, has increased its capitalization by more than 80 per cent as it prepares to expand its service to new retailers and add new functions.

NTT DoCoMo Inc. will later this year begin selling mobile telephone handsets with integrated chips that enable them to double as electronic money and possibly commuter passes, according to a source close to the project.

Japan's NEC Corp. and South Korea's Samsung Electronics Co. Ltd. each announced Monday the development of new devices that should enable designers to make portable electronics devices even smaller.

The Japanese government has been talking up the idea of high-tech society for some time. Seeing its electronics industry under threat like never before from Asian neighbours such as South Korea and Taiwan, the government's goal through its e-Japan initiative is to make the country the most advanced IT nation by 2005.

A just-completed study into the Slammer worm that hit the Internet a week ago has concluded what many people already suspected: Slammer represented a significant milestone in the evolution of worms and was by far the fastest spreading worm yet seen.

Japan's Sony Corp. and Sweden's Telefonaktiebolaget LM Ericsson will pump

A just-completed study into the Slammer worm that hit the Internet a week ago has concluded what many people already suspected: Slammer represented a significant milestone in the evolution of worms and was by far the fastest spreading worm yet seen.

The reluctance of large enterprise customers and telecommunication carriers to upgrade or invest in new equipment is continuing to hit Fujitsu Ltd., the company said Tuesday as it announced its third-quarter results.