AIG Gets New Directors At Subdued Annual Meeting
American International Group Inc got a new slate of government-backed directors at a subdued annual meeting on Tuesday, effectively revamping its board after the insurer's $180 billion taxpayer bailout.
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Cover-All Launches Mass. Commercial Auto for My Insurance Center
Already in production at Old Republic General Insurance Corp., the vendor's Massachusetts Auto product includes commercial auto, private passenger, and special type vehicles.
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Cisco May Offer Web-based Office Software
Cisco Systems Inc is considering offering Web-based alternatives to Microsoft Corp's popular Office software as the networking giant expands on the Internet.
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U.K. Hedge Fund Board Proposes Tougher Standards
Post-Madoff, the independent hedge fund best-practices group is recommending independent third-party fund administration, accounting and custody for hedge funds.
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Roaming Charges Drop Under New EU Rules
Sending a megabyte of data in Europe will cost one-half the previous data price. Cell phone and texting rates are also being cut.
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Venture Investment in Green Tech Jumps 43%
Venture capital investment in green technology worldwide jumped 43 percent in three months to $1.2 billion in the second quarter, Greentech reported Tuesday.
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Red Hat To Certify Linux Apps For Amazon's EC2
Move will guarantee that Enterprise Linux packaged with third-party apps are ready to run in Amazon's EC2 cloud.
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LogMeIn's IPO Raises $106.7 Million
Shares priced at $16 each in initial public offering Tuesday. All but one IPO this year have priced at the top or above the estimated range.
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Windows 7 Beta Kill Switch Activated
The trial version of Microsoft's next operating system has entered its expiration phase.
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Lenovo Launches Four Xeon Servers
The new ThinkServers feature built-in virtualization, new power-saving features, and several Intel Xeon 5500 processors to choose from.
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Zeus Trojan Variant Steals FTP Login Details
A new variant of the particularly malicious Zeus family of Trojans has surfaced and is compromising computers at an alarming rate.
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Crusading U.S. FTC Faces Financial Reforms Set
A White House plan to create a new U.S. agency to enforce consumer protection rules for banks and mortgage lenders is a bitter pill for the Federal Trade Commission, which had sought more power to fight financial fraud, but could now see the proposal taken away altogether.
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Dell Launches 12-inch Vostro Business Laptop
The notebook PC comes with Wi-Fi support or optional mobile broadband for connecting to a wireless carrier.
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Google Fixes App Sync Plug-In
Google App Sync for Microsoft Outlook has been fixed so that it no longer interferes with Windows Desktop Search.
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Amazon Drops More Affiliates Over Online Tax Issue
The online retailer has been dropping affiliates in states that approve the collection of sales taxes for online transactions.
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Maine Orders 64,000 Apple Laptops For Schools
An additional 7,000 MacBooks will be ordered in the coming weeks. Maine is the only state to provide laptops to every public school student.
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Ericsson Rolling Out App Store
The company is trying to one-up Apple's App Store by offering carriers a hosted virtual store that can reach a broad variety of devices.
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Jon Elvin Discusses the Importance of Cross-Channel Risk Management
PNC's Elvin sees positive signs of the industry moving away from siloed approaches to AML, fraud and risk management in general.
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U.S., Europe Team Up Against Cyber Crime
A joint cyber-crime task force is being launched to help better coordinate international efforts against ID theft and hacking.
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Cisco Eyes Web Alternative To Microsoft Office
Online application service would put Cisco alongside Google and others in going after a slice of Microsoft's lucrative Office software franchise.
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Skype For Windows Phones Outclasses iPhone App
The 3.0 version of Skype for Windows Mobile smartphones can make calls over a 3G network, send text messages, and transfer files with the handset.
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Heartland Completes First Phase of Encryption Pilot
Heartland Payment Systems has announced that it has successfully completed an AES-encrypted transaction process from a merchant card reader through to a processor network.
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Supreme Court May Review Conviction Of Ex-Qwest CEO
Joe Nacchio is serving six years in prison for illegal insider trading while head of the telecom firm.
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Firefox 3.5 Released
Mozilla's Firefox 3.5, long delayed, has been officially released and now faces an increasingly competitive browser market.
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Dell May Be Building Android Pocket Device
The Internet-enabled handheld device is being likened to Apple's iPod Touch and could be released this year.
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