Friday, April 17, 2009

IT News HeadLines (TechWeb) 17/04/2009



Time Warner Shelves Bandwidth Caps For Now
As part of its education strategy, Time Warner Cable says it will work on making measurement tools to help customers track bandwidth usage.
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Google's Earnings Positive But In 'Uncharted Territory'
CEO Eric Schmidt admits Google users are buying less and that Google ads are converting less frequently, but he notes that advertisers are still spending.
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Symbian Courts Developers With OMAP Platform
The launch of Symbian's Zoom OMAP34x-II MDP development platform signals that the open source OS will power some high-end smartphones.
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Scottrade Promotes Tech Execs Bourzikas and Meitz
Scottrade has promoted Grant Bourzikas to director of operations technology and enterprise information security and Chris Meitz to director of operational controls.
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IBM Alliance Looks To Top Intel With 28-Nm Chips
The group also has developed a 32-nm process and says customers will be able to move to the more power-efficient 28-nm technology without a major redesign.
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Oracle Releases New Solution to Help Banks Manage Exposure
The enterprise application enables banks to achieve a holistic view of their exposure by helping them to centralize collateral management, limits definition, and tracking and measurement of exposure across the institution, according to Oracle.
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U.S. Hispanics Flocking To The Web
"Community" and "teens" categories draw the most attention.
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Motorola Says Ex-CFO Destroyed Evidence
The company alleges its ex-CFO destroyed data that could be used against him during a retaliatory discharge lawsuit.
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Samsung Offers Self-Encrypting SSDs
Dell says it plans to offer the drives in laptops in the coming months.
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Lexmark Rolls Out Series of Smaller, Eco-friendly Printers
The new X264dn, X360 Series and X460 Series printers by Lexmark are designed to offer smaller workgroups more bang for the buck.
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Spam Is Killing The Planet
McAfee says that the energy required to send, route, and filter spam e-mail each year could power 2.4 million homes and release as much greenhouse gas as 3.1 million cars.
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Wall Street Journal Becomes iPhone Friendly
The once paid-subscription-only paper now lets iPhone users read selected articles in an iPhone-friendly browser.
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RIM Says More Touch-Screen Phones Coming
Co-CEO Mike Lazaridis acknowledges there were issues with the BlackBerry Storm, but hints that the experience will benefit RIM's future touch-screen devices.
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eBay Offers $1.2 Billion For Korea's Gmarket
The online auction company returns to its roots, while disposing of nonstrategic units.
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Time Warner Bandwidth Cap Points Industry Toward Utility Pricing
Analysts say the value of the Internet means providers can sell bandwidth much like utility companies sell electricity or municipalities sell water.
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Farmers Insurance Group Will Acquire 21st Century, Other AIG Personal Auto Carriers
The $1.9 billion deal to acquire AIG's Personal Auto Group is expected to close by the third quarter of 2009, pending regulatory approval.
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Nokia Hit By Global Economic Slowdown
A 90% drop in its profits shows economic turmoil is sapping consumer demand for its handsets, but CEO Olli-Pekka Kallasvuo says he's beginning to see signs of stability.
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Broadband-Over-Powerline Gets Funding, Lives On
BPL Internet service, a competitor to cable and DSL broadband, provides broadband service to some 670 households in Manassas, Va.
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New AXA Tech CTO Vincent Cohan Drives Global Focus
Moving away from a more regional orientation, AXA's IT services organization will provide worldwide network connectivity and management of IT assets, hardware and software, change control and incident management.
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Obama Not Impeding Offshoring, TATA says
The new Administration was expected to stem the move of U.S. work offshore but overseas suppliers "don't see it".
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India OKs Tech Mahindra-Satyam Deal
Authorities give node to $422 million rescue attempt of troubled outsourcer.
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MasterCard Unveils ATM Hunter iPhone App
Free application for iPhone and iPod touch is designed to help users find ATMs and marks the start of MasterCard's initiative to develop free iPhone apps.
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Wyoming Brokerage to Upgrade Wealth Management Platform
Kaiser and Company has chosen Gentech Nexus, a set of web-based tools that automate financial advisors' daily tasks.
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JPMorgan Posts Profit, Says Ready to Repay TARP
JPMorgan Chase reported better-than-expected first-quarter profit on Thursday as improved investment banking performance offset increased losses from credit cards and other consumer debt.
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Delta Dental Names Makkala VP Enterprise IT
Former People's United executive will oversee improvements to Delta Dental companies' IT effectiveness and replacement of key operating and processing systems.
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