OSLO -- Police in Norway last week charged Microsoft Corp. subsidiary Fast Search & Transfer ASA with accounting fraud, alleging that it improperly reported revenue in 2006 and 2007 -- before it was bought by Microsoft.
The police also raided the enterprise search vendor's headquarters here, seizing computers and documents, said Bard Thorsen, a Norwegian government prosecutor. He added that the Microsoft unit, which is known as FAST, could be fined if found guilty.
Norway's financial regulatory agency reported FAST to Oslo police in May. That same month, just days after being acquired by Microsoft in late April, FAST restated its results for the previous two years.
Microsoft said it is cooperating with the police and taking steps to align FAST's accounting practices with its own.
-- Jeremy Kirk, IDG News Service
Cisco Speeds Up Training in India
BANGALORE, India -- Cisco Systems Inc. has launched a program here to accelerate the training of workers on its networking technology, adding to similar efforts begun last year in South Africa and Jordan.
The Global Talent Acceleration Program compresses the typical training period required for a Cisco Certified Internetworking Expert certification from three or four years to as little as nine months, said GTAP Director John Livingston.
Cisco expects to train about 100 people in India during GTAP's first year there. The program also covers communication skills for interacting with customers, Cisco said.
-- John Ribeiro, IDG News Service
Briefly Noted
A software programmer at outsourcing vendor Infosys Technologies Ltd. was arrested in Chennai, India, for allegedly sending threatening e-mails to Indian President Pratibha Patil. The suspect was caught after police tracked the IP address used to send the e-mails.
-- John Ribeiro, IDG News Service