After New Losses, Nortel Developing Restructuring Plan
The chief restructuring officer, appointed Monday, said Nortel expects to deliver a restructuring plan to creditors by April.
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Aviva Taps HP-EDS For $1 Billion Outsourcing Deal
The outsourcer will help the insurance giant modernize two of its global data centers.
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Amid Scandal, Ireland Moves to New Bank Regulation
Taoiseach Brian Cowen unveils Canadian style model with non-Irish oversight.
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Fifth Third is Awarded Two-Character Mobile Domain Name
Fifth Third Bank is one of the first companies to receive a two-character mobile Internet address, something it says will help retain consistency between its Web and mobile banking channels.
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Catbird Launches Security Product For VMware VMs
VMShield 2.0 includes a V-Tracker feature, which assigns a unique identifier to each virtual machine so that it can be tracked during live migrations from server to server.
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BofA CEO Lewis’ ’08 Compensation Cut 60%
Bank of America's Chief Executive Kenneth Lewis saw his total compensation cut about 60 percent in 2008, according to a filing with U.S. regulators on Monday.
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Madoff Lawyers Say Wife’s Apartment, $62 Million Unrelated to Fraud
A New York apartment and $62 million belonging to Ruth Madoff, the wife of accused swindler Bernard Madoff, are unrelated to the investment manager's purported fraud, her lawyer said Monday.
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Raymond James CEO to Step Down After Four Decades
Raymond James Financial , one of the largest U.S. brokerages, Monday said Chief Executive Thomas James will step down in 2010 after more than four decades at the helm, ceding the reins to a top official at executive search firm Korn/Ferry International.
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Pacific Life to Use Agorithmics for Risk, Capital Management
Algorithmics portfolio replication capabilities will help Pacific Life speed the creation of economic capital figures and support more precise and efficient allocation of capital, in line with anticipated Solvency II requirements.
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Financial Crisis to Dominate Obama, Brown Talks
British Prime Minister Gordon Brown will press President Barack Obama for details on his plans to fix the ailing U.S. financial sector.
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Getting The Most Out Of BI In A Tough Economy
The value of BI becomes more apparent in tough economic climates, when smart information and knowledge management professionals use the technology as a corporate asset to continue to survive, compete and thrive, according to a recent report by Forrester Research.
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Verdiem Claims 60% Cut In PCs' Energy Consumption
The company's management software tells PCs to shut down after hours, checking to make sure energy-saving policies are in place and reporting on detailed use and energy consumption.
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Zenprise Expands Mobile Management Software
The software provides automated monitoring and troubleshooting for a deployment of enterprise smartphones.
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Wolfe's Den: Windows 7 Deep Dive
Fresh from a Microsoft briefing, we delve into the key enterprise features of Windows 7, reveal some technical Powerpoint slides from Redmond, and wrap everything up with a explanatory video.
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DEMO 09 Sees Focus On Mobile
The number of enterprises deploying smartphones will grow rapidly over the next few years, as reflected by the number of products showcased for managing and securing these devices.
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Amazon Yields To Kindle Text-To-Speech Objections
At issue are the payment royalties for e-books vs. audio books, which are currently more valuable than e-book rights.
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Microsoft Opens Office 14 Kimono, Slightly
The follow-up to Office 2007 will include lightweight browser-based versions of Word, Excel, PowerPoint, and OneNote that focus on collaboration.
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Intel Gets Help Putting Atom Into More Gadgets
While expanding Intel's potential, the TSMC deal is an attack on companies making competing processors for smartphones and other handheld computers.
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Government Keeping Its .Gov Domain Names Secret
Despite a presidential promise of openness in government, GSA officials decline to release the full list for fear of cyberattack.
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U.S. Govt. Won’t Run Large Bank for Extended Time, Says Bair
FDIC head Shiela Bair sought to reassure the private sector that any government takeover of a bank would not be for any extended period.
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It’s Official: StoneRiver Completes Transition from Fiserv
Insurance solutions provider sees long-term investment opportunities.
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AT&T, Radio Shack Sued For $5,000 Netbook Bill
The lawsuit could potentially derail the cellular carrier's attempt to subsidize netbooks to get customers to sign up for mobile data plans.
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U.S. Lawmakers Seek Database to Track Bailout Banks
A bipartisan bill that would consolidate and centralize data about how banks use the government's $700 billion financial bailout was introduced in the U.S. House of Representatives Monday.
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Addison Avenue Automates Processes With UC4
Addison Avenue FCU automates data center operations, including job scheduling, with UC4's workload automation suite.
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