May 9, 2005 3:50 PM PDT

Investigation spurs Xybernaut resignations

Two directors of the board of mobile-computing hardware company Xybernaut have resigned, the company announced late on Monday.

Edward G. Newman and Steven A. Newman separately submitted letters of resignation early last week. The board of directors had previously requested their resignations after an audit committee investigation found that Edward G. Newman had improperly used company funds.

The investigation report also indicated that members of Edward G. Newman's family were hired in direct violation of the company's anti-nepotism policy and the employment of the family members was not disclosed in SEC filings as required by SEC disclosure regulations.

1 comments

Join the conversation!
Add your comment (Log in or register)
Xybernauts from MIT, VRD, and Snow Crash
Is Xybernaut related somehow with the Xybernauts I saw on one of the old Cnet shows, that were in MIT's Media Lab? Remember a segment on wearable computers, one of the guys with long hair and glasses had a little input device he held in his hand and he was using an old HUD system.

Kind of wish we could get something better than that, someday, using VRD (Virtual Retinal Display), that uses low-powered lasers to 'paint' a full-motion and full-colored display onto your eyes. Wouldn't even need to focus, since it goes onto the retina.

Anybody read the book Snow Crash by Neal Stephenson, where they had 'gargoyles' in it, which were guys that had mobile computer rigs, and were always hooked up to the Internet with mobile broadband connections that stayed with them wherever they went?

How many more decades will it be until we get THAT?

Don't know about you guys, but I think it'd be a heck of a lot less cumbersome than dragging a laptop around everywhere...

Oh, yeah. The book Snow Crash was supposedly responsible for the mass interest in 3D chat programs, most of them starting up around 1995. The Cnet shows also showed some of them.

For those who are interested, I kind of live in those 3D chat programs. Hey, coding Web pages gets boring after a while (especially when I get frustrated that IE is seriously out of date with Web standards). Hee hee hee

- CyberWoLfman
Posted by CyberWoLfman (47 comments )
Reply Link Flag
 

Join the conversation

Add your comment

The posting of advertisements, profanity, or personal attacks is prohibited. Click here to review our Terms of Use.

Inside CNET News

1-2 of 12

Scroll Left Scroll Right

RSS Feeds

Add headlines from CNET News to your homepage or feedreader.

Markets

Market news, charts, SEC filings, and more

Related quotes

Dow Jones Industrials (0.57%) 72.81 12,874.04
S&P 500 (0.68%) 9.13 1,351.77
NASDAQ (0.95%) 27.51 2,931.39
CNET TECH (0.84%) 17.13 2,049.14
  Symbol Lookup