Friday, March 13, 2009

IT News HeadLines (TechWeb) 13/03/2009



Municipal Wi-Fi A Growing Competitor To WiMax, LTE
Cable companies are hoping to make an end-around the two predominate 4G wireless networks with faster service and wider adoption.
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IBM Builds A Better Water Filter
Big Blue is developing technologies services that could help increase the earth's water supply.
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1 In 3 IT Shops Uses Combo Proprietary, Open Source Software
Open source is playing an increasingly integral role in the area of business intelligence and data warehousing, a new report shows.
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Interactive Brokers Launches Online Brokerage in India
Greenwich, Conn. brokerage to offer India residents market access through trader workstations.
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Obama's CIO Takes Leave Amid FBI Probe
Federal authorities are investigating bribery ring at Vivek Kundra's former D.C. office.
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Aon Benfield Signs Outsourcing Contract with Xchanging
Seven-year contract extends existing relationship.
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World Bank’s Zoellick: Stimulus Packages Not Enough
Countries' stimulus packages to boost their economies will not be enough on their own to fix the world's economy, World Bank President Robert Zoellick said on Friday.
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New HP Solutions Target Organizations’ Need to Standardize Technology and Adopt Flexible Sourcing Options
New offerings developed to help customers change the economics of technology.
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Google Executive Named AOL Chief
Tim Armstrong's departure from Google is seen by some as part of a trend of executives leaving the Web search leader.
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Britain Denies Has "A" and "B" Lists of G20 Nations
Britain said on Friday it had not split the G20 group of leading developed and emerging nations into high and low priorities, but did not deny the existence of a document identifying 11 high-priority states.
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On Fed’s Rec, DTCC To Expand Central Clearing For Tri-Party Repos
Bernanke said the industry should consider the costs and benefits of a central clearing system for this market, given the magnitude of exposures generated and the vital importance of the market to both dealers and investors.
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Obama Defends Economic Plans to Business Leaders
President Barack Obama launched a sweeping defense of his economic and budget proposals Thursday, saying government had to step in at a time of crisis to push the economy toward growth.
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Swiss and Others Make Concessions on Bank Secrecy
Switzerland, Austria and Luxembourg all sought ways on Friday to fend off a global crackdown on tax evasion by making concessions on bank secrecy.
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Linux Gaining Strength In Downturn
Reducing costs and stronger interoperability with Windows were listed as the two top issues in a new survey of IT managers.
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Twitter's Future Looks More Social Than Commercial
If Twitter keeps trending toward social interaction, its commercial opportunities may not be all they could be, according to an industry report.
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Fusion-io Claims Fastest, Server-Based SSD
The ioDrive Duo is scheduled for release in April in capacities of 160 GB, 320 GB and 640 GB.
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China Says Can Spend More; U.S. Banks Cheer Markets
China said it was ready to pump more money into its economy and saw a pick-up in trade, offering another glimmer of hope for the battered global economy as signs that big U.S. banks may be turning around lifted world stocks.
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Britain’s Darling Calls for Financial Reform Ahead of G20
The international community must unite to tackle the economic crisis and reform the world's financial system and the way it is controlled, British Finance Minister Alistair Darling wrote in the Wall Street Journal on Friday.
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Netezza Partners with Data Warehouse Software Maker Kalido
The two companies claim the Netezza appliance combined with Kalido software will significantly reduce the time and effort needed to build a data warehouse.
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Apple To Preview iPhone Software Next Week
Key to the iPhone's success has been the applications offered through the company's App store, which launched last July.
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2008 Dismal For Most Top 10 Semiconductor Companies
Many of the suppliers focused on the worst-performing market segments, including memory, digital signal processors, analog integrated circuits, and standard logic.
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Two Charged With Bribery After FBI Raids D.C. CTO Office
The two men previously worked under current federal CIO Vivek Kundra, who has not been named or charged in the investigation.
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Vodafone Makes Music Service DRM Free
As the mobile music market heats up, the move could put pressure on competitors like Nokia to ditch copyright-protection software.
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EBay's Web Retailing To Take A Back Seat
The company will add more oomph behind its core auction business as well as its mobile PayPal and Skype apps, executives said.
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