Friday, July 10, 2009

IT News HeadLines (TechWeb) 10/07/2009



Infosys Beats 1Q Forecast
India's second-biggest IT services firm faces a still-challenging global environment and competition from IBM, Accenture, and HP, which have raided its home turf.
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Microsoft Fix For 'Browse-And-Get-Owned' Flaw Coming Tuesday
Two zero-day vulnerabilities, one reported last week, will be fixed in Microsoft's monthly patch release next week.
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Citi’s New Banking Chief Hailed for Experience
In decades spent working at some of America's best-known financial institutions, Eugene McQuade developed a reputation as a "Mr. Fix-It," investment managers, industry analysts and a former boss said Thursday.
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Amazon's Kindle 2 Gets A Price Cut
The Kindle 2 e-book reader now costs $299. Prices for the Kindle DX remain unchanged.
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Texting Trolley Operator Indicted
The Boston motorman was sending text messages when his trolley crashed, injuring 49 people and causing $9 million in damage.
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Jibun Bank Takes Direct Banking to the Mobile Phone
Japan's Jibun Bank uses the mobile phone as its primary delivery channel.
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Amazon Launches Web Site For Cell Phones
The e-retailer's AmazonWireless offers customers a way to pick, purchase, and activate more than 120 handsets for AT&T and Verizon.
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Barney Frank Not Eyeing Financial Firm Size Limits
U.S. Rep. Barney Frank said Thursday he does not intend to seek limits on the size of financial firms as he drafts regulatory reform legislation and that restructuring mortgage finance sources Fannie Mae and Freddie Mac was not on his agenda for this year.
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Inside MetLife’s Redesigned Web Site: Video Screencast
Recognizing the growing value of the online channel, MetLife redesigned its Web site, improving navigation and implementing a more modern underlying platform.
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Military Grapples With Information Overload
Surging surveillance data threatens to overwhelm the military's ability to deal with the information. A report from a defense advisory group is calling for new data analysis technology and for taking a cue from Google.
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DHS Systems More Secure, Inspector General Finds
Report indicates progress has been made certifying and accrediting the Department of Homeland Security's intelligence systems.
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EMC Acquires Data Domain For $2.4 Billion
With businesses storing 50% more data each year, EMC is betting companies will line up for its combined data archival and de-duplication offering.
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Sprint Contracts Network To Ericsson
The seven-year, $5 billion deal means Ericsson will service, maintain, and operate Sprint's CDMA, iDen, and wireline networks.
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Recovery.gov Web Developer Tapped
Smartronix has been awarded a $9.5 million contract to redesign the Recovery.gov Web site.
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AT&T Defends Exclusive Wireless Deals
Facing increased government scrutiny, the second-largest wireless carrier and Apple partner says exclusive handset agreements benefit consumers.
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T-Mobile's myTouch 3G Coming In August
The carrier's second Android-powered smartphone will have deep integration with Gmail, Google Calendar, Google Maps, and YouTube.
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40% Chance For NASA's Saturday Shuttle Launch
Precipitation could scrub NASA's scheduled liftoff of shuttle Endeavor to the International Space Station.
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ULLICO Signs GlobalOptions Group for Fraud-Related Services
GlobalOptions will use its enhanced GlobalTrak proprietary enterprise risk mitigation and management solution in its role as exclusive provider of investigative and SUI services to ULLICO.
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Mercy Health Plans Licenses Technology from eHealth
Mercy Health Plans has licensed quoting and submission technology from eHealth.
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Fewer New Commodities Products As Recovery Drags
The commodities marketplace, one of Wall Street's favorite playgrounds for testing new investment ideas, is hardly seeing any product rollouts now as the slow economy delays the pace of innovation.
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Kaplan Compliance Solutions Adds Ad Hoc Reporting
Other new features of KCS's Compliance Management System Generation 2 (CMS G2) include producer look-up and non-resident renewal capabilities.
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IBM To Patent Data Mask
Big Blue's MAGEN system uses optical character recognition to selectively scramble sensitive onscreen information such as healthcare or financial records.
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ANALYSIS- Google’s PC Gamble Will Take Years To Play Out
Google Inc's plan for a new PC operating system is its most ambitious assault against Microsoft Corp, but it is a gamble that may not pay off for several years.
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Microsoft Promotes Windows 7 Chief
Stephen Sinofsky is named president of Redmond's Windows division.
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