Major Cybersecurity Bill Introduced In Senate
The introduction of a possible new cybersecurity official comes at a time when controversy has arisen over the current cybersecurity structure in government.
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IBM Snags A Pair Of Outsourcing Deals
Health claims processor NASCO and Campbell's Soup tap Big Blue for tech services.
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Qwest Mulls Selling Its Nationwide Fiber Network
Qwest has struggled to compete as its traditional landline business continues to shrink. In February, it reported it had cut 1,700 jobs from company payrolls.
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Representatives Bean and Royce Introduce Federal Insurance Regulation Bill
NICPA, if signed into law, would create a robust federal regulator for insurance to act as an alternative to the antiquated, non-uniform system of state insurance regulators currently in operation, according to a press advisory released by Bean and Royce.
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PDMA Releases LifePRO v15
PDMA has announced the general availability of LifePRO Version 15, a major upgrade to its life, health and annuity administration system.
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Societe Generale Using Misys for Asset Servicing, Custody
Societe Generale Securities Services has gone live with Misys Summit FT to support its Paris-based asset servicing and custody business.
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Combined FIS/Metavante to Be a Game Changer
The new Fidelity National Information Services will trigger a new wave of vendor consolidation as bank tech service providers scramble to deal with a new dynamic in the market.
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Swiss Re to Cut 10 pct of Headcount
Swiss Re, the world's second-larger reinsurer, said on Thursday it plans to cut 10 percent of its workforce over the next 12 months in a bid to cut costs by 400 million Swiss francs ($349.6 million) by 2010.
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Global Regulators Plan Checks on Bank Bonuses
Bonuses at banks must be supervised this year to try to discourage risky investments that helped bring several companies to the brink of bankruptcy, a top financial regulatory body said on Thursday.
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CTIA: Nokia Diving Into Mobile Content
The mobile phone maker is teaming with the creator of NBC's Heroes to launch a multiplatform, interactive project involving geotagging, social networking, and user-generated content.
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IBM Cuts Internet Reimbursement For Home Workers
Big Blue employees based out of home offices must now pay for their own broadband connections.
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Web 2.0 Expo: Palm Opens Developer Program, Slightly
The Palm Pre platform, WebOS, will work with a cloud service the company is developing, called Mojo Messaging Service.
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Microsoft Files 'Substantially Fewer' U.S. Visa Apps
In contrast to last year, most H-1B visas applications will be for current workers.
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Intel's Share Of Chip Market Rises, AMD's Falls
While Atom certainly contributed to Intel's success, other brands and products in the desktop, notebook, and server segments added to its power.
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Virtualization's The Cure For Pacific Hospital
HP saves a customer with a mix of thin clients and Citrix Systems software.
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In-Flight Entertainment Gets Tech Upgrade
Live news and information meet up with improved delivery systems in the sky.
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AT&T Offers $50 Netbooks With A Plan
The laptop comes with an at-home DSL connection, along with access to the company's 3G wireless network.
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G20 Protesters Storm Main RBS Bank
Better global regulation of financial services expected to be focus of economic forum.
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Web 2.0: Internet Too Dangerous For Normal People
After decades of computer security work, one researcher questions current Internet safety procedures and the vendors assigned to protect the average user.
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Massachusetts Regulator Sues Madoff Feeder Fund
Massachusetts' top securities regulator sued Fairfield Greenwich Group, which funneled billions of dollars into Bernard Madoff's Ponzi scheme, accusing the hedge fund firm of misleading investors.
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UBS, Thomson Reuters Report Nehalem Test Results
Firms say they're getting 30% to 60X performance improvements using Intel's latest Xeon 5500 server chip.
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Yahoo Rolls Out Mobile Apps
It's unclear how big a role the mobile division will play under CEO Carol Bartz as it has been difficult to monetize so far.
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Microsoft To Enable Private Clouds With Windows Server, System Center
Private clouds will take a flexible, scalable, automated approach to data center management, drawing computing power from pools of resources, rather than discrete servers.
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Forrester Slashes IT Spending Forecast
The financial system's breakdown, which has dried up companies' borrowing ability, is one of the chief reasons for the decline in U.S. IT spending.
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