As if Microsoft's senior executives don't have enough on their plates with the company's ambitious Web services strategy known as .Net and Bill Gates' high-priority quality assurance project, outlined in a recent internal (wink, wink) E-mail, called "Trustworthy Computing," how about hackers, lawsuits, and the war on terrorism. Last week, Paul Flessner, senior VP in Microsoft's enterprise servers division, says he narrowly avoided a meeting with an Army official on Microsoft's campus because of the extensive security clearances he would have had to go through (he let a colleague take the meeting). Flessner says the trustworthy computing effort "will have an effect" on product delivery, but declined to be specific about which products might be delayed or for how long. When asked how he's been spending his time lately, Jim Allchin, Flessner's boss and VP of Microsoft's platforms group, says: "There seems to be a lot of attorneys around me." Allchin says he's "incredibly proud" of the quality of Microsoft's software, and the real problem is that hackers have targeted his platform. "They're out to get us," he says. "They're out to get our customers." Looking back on easier days when software development meant simply adding features to a product, Flessner says, "We were kind of fat, dumb, and happy in the software industry."
Is the dot-com bomb fizzling out? Dot-com job cuts have steadily declined in recent months, hitting a new low last month at 670, the smallest number in nearly two years, according to Chicago outplacement firm Challenger, Gray & Christmas. That's a significant improvement over January's total of 1,802 and just a fraction of the February 2001 total of 11,649. But the drop in job cuts shouldn't be viewed as good news for the industry, says John Challenger, president of the outplacement firm. Dot-coms had already trimmed the fat, and then some, so recent job losses are minimal because the online companies decimated their staffs--and Challenger sees no signs of an impending surge in dot-com hiring. Think positive! I never did get to order my groceries online, and frankly, I miss the Pets.com sock puppet. Dust off your dot-com business models, and your industry tips, and send them to jsoat@cmp.com or phone 516-562-5326. To have your say about ethics and technology, or the coming dot-com surge, meet me at InformationWeek.com's Listening Post: informationweek.com/forum/johnsoat.
ACCO Brands Corp seeking Director of New Product Development in Lincolnshire, IL
Transportation Security Administration seeking Chief Information Officer in Arlington, VA
Hebrew SeniorLife seeking Business Systems Analyst in Boston, MA
Trilogy Leasing seeking General Manager in Cranbury, NJ
UVIMCO seeking Senior Information Technology Leader in Charlottesville, VA
For more great jobs, career-related news, features and services, please visit our Career Center.
The Data Management Challenge of Quantitative Analysis (NOTE: other asset is webcast)
This paper dives into the world of the quants, examining the overall growth of the quantitatively-driven investment market, and highlighting the challenges that quants face in processing exponentially growing volumes of market data to develop alpha discovery models.

NOTE: Offer valid for U.S., U.S. possessions, & Canada only