Friday, February 20, 2009

IT News HeadLines (TechWeb) 20/02/2009



BNY Mellon Debuts Derivatives Collateral Netting Service
New service said to enable derivatives dealers to post only their net obligations, reducing their gross collateral requirements.
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Nano Scientists Make Advances In Chips, Storage
Using nanotechnology, U.S. researchers have made miniature transistors a fraction of the size of those used on advanced silicon chips.
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Fixnetix to Offer Low-Latency Data Feed to JSE
The low latency feed from Fixnetix will ensure access to market data from South Africa's only full service securities exchange.
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Stanford Wooed Clients, Top Staff With Sweet Perks
For clients, doing business with Allen Stanford got you a personalized parking spot and a 5-star meal. For top-performing employees, it was a ticket to meet Sir Allen himself and see the world through a champagne glass.
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Stanford’s Reappearance Brings Relief to His Folks
When Billie Stanford heard that the Federal Bureau of Investigation had found her stepson Allen Stanford, the billionaire Texan facing a federal fraud charge, she and her husband thanked God.
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FBI Finds, Serves Papers to Stanford in Virginia
Texas billionaireAllen Stanford, accused of an $8 billion fraud that spooked investors around the world, was served with the formal complaint on Thursday by FBI agents in Virginia.
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Dell Starts Selling Mini 10 Netbook
In the future, Dell plans to offer an optional 720p high-definition display, 2 GB of memory and a 250-GB hard drive.
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IWay Offers Single Platform For Real-Time, Batch Integration In EIM Suite
The new capabilities are the result of two new products added to the iWay Enterprise Information Management Suite, which is built around the vendor's enterprise service bus.
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Apple Mac Retail Sales Lag Windows PCs In January
Sales fell for two reasons, according to an NPD Group report ... and one of them is price.
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App Stores Shine At Mobile World Congress
Thanks to the success of Apple's App Store, every major player now has a virtual storefront for customers to browse, buy, download, and install mobile applications on their handsets.
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Intel Solid-State Drive Found To Slow Under Heavy Use
The problems appear to be in the sector remapping and wear-leveling algorithms that are suppose to improve performance.
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Russia May See Turbulence In Telecom Market
The Russian government may make business more difficult for foreign firms with ownership in the country's telecom companies, according to a Pyramid Research report.
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SEC Appoints Robert Khuzami Its New Top Cop
Tough former New York Southern District prosecutor promises to "relentlessly pursue and bring to justice those whose misconduct infects our markets, corrodes investor confidence and has caused so much financial suffering."
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Australian Banks Respond to Fires, But Systems Safe
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AMD Stockholders Approve Manufacturing Operations Spin-Off
The joint venture with ATIC is expected to reduce AMD's costs and allow it to focus on designing rather than making microprocessors.
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MySpace Outlines Mobile Ambitions
CEO Chris de Wolfe says he will turn to advertising to monetize the social network, as nearly a quarter of MySpace members access the site from a cell phone.
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Cellular Data Modem Shipments Booming
While external modems represented the majority of shipments in 2008, embedded devices are expected to capture a larger share of the market in 2009.
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London Investment House Finds Fringe Benefits to Fee Billing Software
Newton, a London subsidiary of BNY Mellon Asset Management, has found that by using standalone fee billing software, it can see exactly how much revenue each client brings in.
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Hulu Pulls Video From Boxee
The move, requested by Hulu's content providers, signals a tightening of online TV and movie distribution by Hollywood studios.
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Job Seekers Get Networking Tool, MyWorkster
The site also promotes mentoring, contacts with educational institutions, and other resources for information on career advancement and job opportunities.
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Google Demos Offline Gmail For Phones
The Web-based mobile app uses the HTML5 standard to let users browse and read e-mails without Internet connectivity.
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Black Hat: Security Pro Shows How To Bypass SSL
Moxie Marlinspike captured 16 credit card numbers, seven PayPal logins, and 300 other miscellaneous secure login sessions in only 24 hours.
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