Wednesday, January 14, 2009

IT News HeadLines (TechWeb) 14/01/2009


Global Tech Spending To Fall
A research report says that recession and a strengthening dollar are likely to drag down IT spending through 2009.
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Psystar Claims It's An Apple Customer
The Mac cloner says it purchases its copies of OS X directly from Cupertino.
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Insurers Challenged to Adopt Business Intelligence
Success in a challenging market requires that insurers tackle data management deficits and cultural resistance in order to effectively leverage business intelligence capabilities in an era of data abundance.
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Global CIO: Stop 'Aligning IT With The Business'
It's time for IT to show its value by focusing on customer needs rather than internal issues.
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Korean Air Outsources Tech Ops To IBM
The airline is handing off data center operations to Big Blue under a ten-year deal.
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Fidelity Revamps Web Site with Rankings of Independent Research Providers
Responding to information needs of retail investors, Fidelity adds portfolio backtesting and expands content on global markets and economics.
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North Dakota’s State Bank & Trust Chooses ClairMail for New Mobile Banking Offering
Bank will use full suite of ClairMail's two-way mobile banking services.
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Windows 7 Beta Destroys MP3 Files
Microsoft is urging users of the new OS to download a patch that resolves the issue.
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Citi Breakup in Sight After Morgan Stanley Deal
Citigroup agreed to merge its Smith Barney brokerage with Morgan Stanley's wealth management unit on Tuesday, and is expected to make further asset sales to raise capital and to isolate toxic assets from the rest of the bank.
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Bank of Ayudhya Selects AurionPro Financial Supply Chain Management solution
Solution aims to improve operating efficiencies and working capital management.
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U.S. Declares Former UBS Banker Weil A Fugitive
The former head of UBS AG's wealth management business, Raoul Weil, was formally declared a fugitive Tuesday after failing to surrender to U.S. authorities on charges of conspiring to help wealthy Americans hide assets from U.S. tax authorities.
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Farmers, InsWeb Form Partnership for Farmers Fast Quote and AgentInsider Integration
Leads purchased by Farmers agents through InsWeb AgentInsider will be automatically populated to the Farmers Fast Quote system.
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ImageRight Enters Into Strategic Partnerships with OneShield, INSTEC
Alliances intend to provide better integrated services, drive insurance automation.
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Alegent Health, CoSentry Form Strategic Partnership to Build Data Center
Both companies will use the new Papillion, Nebraska facility.
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Banks’ Intellectual Property at Great Risk Amid Layoffs
As banks let go thousands of employees to cope with the crisis, many overlook the importance of recovering company data from former workers.
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Mini-Primes Offer Hedge Funds Turnkey Service to Diversify Counterparty Risk
In response to counterparty risk concerns, mini-prime brokers are offering smaller hedge funds the hosted technology to manage multiple prime relationships.
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Cell Phone-Controlled Security Surveillance System Unveiled
The unit, measuring about the size of a mini-pizza box and featuring a 600-MHz ARM, has a built-in 5-megapixel camera capable of accepting signals from Wi-Fi cameras.
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Google Woos Allies With Apps Reseller Program
Google is offering support, training, and tools for sales, marketing, reporting, and customer integration, while allowing resellers to manage billing and the customer relationship.
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Citi Breakup In Sight After Morgan Stanley Deal
Citi agreement to merge Smith Barney with Morgan's wealth management unit is just the beginning of its survival plan.
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Open Text Upgrades Document Collaboration Clients
The latest version of the Open Text Viewer, which operates via a browser, offers support for more file formats.
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Lenovo Unveils Trio Of Desktops
Lenovo launched its first consumer desktop outside of China last June with the release of the IdeaCentre K210.
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Nortel Shares Plunge Ahead Of Interest Payment
North America's biggest maker of telephone gear had about $2.3 billion in cash and cash equivalents at end of September.
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Motorola Intros Wireless Firewall
The wireless firewall is built in to Motorola's Wi-Fi access points, and it inspects layers 2 to 7 of the IP layer.
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