Notorious adware vendor Zango shuts its doors

Zango Inc., the adware distributor fined $3 million by the Federal Trade Commission in 2006 for sneaking software onto people's PCs, has closed its doors after being acquired by video search engine company Blinkx PLC.

Zango's former chief technology officer blamed the company's demise on several factors, but at the top of the list were the very practices that got it in hot water with the FTC -- and with security analysts who had labeled the company's software spyware.