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A New Scam Hits The Web
~ New Twist On An Old Scam ~Virtually anyone with an email account eventually receivesa message running one of the oldest scams in the book.Often referred to as the "Nigerian Letter," this scaminvolves getting a message from someone in a foreigncountry claiming to need a way to get 21.5 million dollarsout of the country (the first country used in this scam wasNigeria, hence the scam's name). He knows that you "are a trustworthy individual" and ifyou'll just send him your bank account information he willdeposit the money in your account and give you 15% of thedeposit. Of course, after you give up your banking information thescammer empties YOUR account.Well a new scam has spawned to take advantage of one of theweb's most successful and widespread activities - onlineauctions. The scammer sends you an email offering to purchase an itemyou're selling through an online auction or in theclassified section of your local paper. They tell you a relative living in the area will pick upthe goods, however, when the check arrives, it's made outfor more than the agreed price (often thousands more). The bidder asks you to refund the difference and keep apercentage for your "trouble."Of course the check is forged and, if you refund thedifference, you can kiss your money goodbye. Moral of the story: free money is only free for the personwho steals it from you!~ The Coming Storm Over DVDs ~If you thought Napster caused a stir over trading music andthe illegal CD-ROMs people made on their computers, waituntil everybody gets a DVD burner! The average price for an excellent DVD burner has droppedwell below $400 and medium to low priced computers n
winclude DVD burners as standard equipment. The only thing holding back the avalanche of DVD copyingseems to be the rather hefty cost of buying blank DVDs. With an average price of $1.50-2.00 each, blank DVDs costfar more than blank CDs, which run around 20 cents each. But, if you look back about 6 years, blank CDs used to costa dollar apiece, so it won't take long for the price ofblank DVDs to drop. When that price drop does come and every home with acomputer can also duplicate full-length movies on DVD,watch for one of the biggest upheavals in the history ofHollywood. It will make the music industry's crackdown on illegalmusic sharing look as mild as a 5 minute "time out" in thelocal pre-school class.~ Yahoo! - Still King! ~In a bid to capture even more of the world's search enginetraffic, search giant Yahoo! recently purchased the web'slargest pay-per-click search engine, Overture.com. In the process (and more importantly), since thecommissions from pay-per-click advertising with Overturerepresent a major source of revenue for most of the othermajor search engines, Yahoo! definitely holds the upperhand.
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