Wednesday, July 22, 2009

IT News HeadLines (TechWeb) 22/07/2009



FBL Financial Signs With CSC
FBL Financial Group has licensed CSC's Legal Solutions Suite.
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RIM Eager To Bid For Nortel Assets, But Thwarted
Wireless Business
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Duck Creek Releases v4.0 Policy Administration System
Version 4.0 of Duck Creek Policy Administration uses an improved data model that improves usability and data accessibility, and includes Duck Creek's EXAMPLE Author tool in .NET, according to the vendor.
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Microsoft, Apple Sued Over Touchscreens
The suit, brought by Tsera, cites Apple's iPod Classic and Nano products, and Microsoft's Zune. Philips Electronics, LG Electronics and others are also named.
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Fulton Bank to Implement BNYMellon’s Global Mass Payments Services
The Bank of New York Mellon is offering Fulton's Global Exchange Group its capabilities around international ACH on a while label basis.
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FlyCast Updates BlackBerry Media Software
The 2.0 version of the music-streaming service enables users to cache songs on the phone's memory, purchase music, and it has Twitter integration.
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Only Fed Fit to Do Systemic Exams, Says U.S. Treasury Official
Only the Federal Reserve is fit to perform exams of the largest, most systemically important financial institutions, a senior U.S. Treasury Department official said Wednesday.
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UniRisX Appoints David Piesse as New Chairman of Asia Pacific Operations
Global SaaS insurance software provider taps former head of Sun Microsystems Global Insurance Practice to lead expansion efforts in Asia
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Rick Striano Named a Director in Deutsche Bank’s GTB Unit
Striano becomes the regional product head for trade and financial supply chain for the Americas for Deutsche's Global Transaction Banking business.
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Microsoft Plans Windows 7 Family Pack
Purchasers can install OS on up to three personal computers with a single license.
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Apple Confirms Death Of Man In Missing iPhone Incident
The suicide of a Chinese man came after he was interrogated about a missing iPhone prototype by Apple supplier Foxconn.
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Green Century Mutual Fund Discloses Carbon Footprint
Claims the companies it invests in spew 66% less carbon dioxide than the rest of the S&P 500.
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IT Outsourcing Continues Apace, Despite Recession
Network Services segment has been particularly strong, accounting for about half of the major outsourcing deals in 2009, research shows.
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AMD Losses Lessen In 2Q
The chip maker's 11th consecutive quarterly loss reflects intense competition from Intel and effects of the economic recession.
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Apple Reports Higher 3Q Profit, Revenue
The iPhone maker beat Wall Street estimates, but iPod sales slid 7% from a year ago.
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Northwestern Mutual Able to Stay the Course on IT Investment, Recession Notwithstanding
Financial strength and robust planning capabilities have enabled the insurer to keep major initiatives on track and limit the impact of market chaos on its technology investment, according to Northwestern Mutual chief technology officer Karl Gouverneur.
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Toshiba, Apple Ink NAND Supply Deal
With a $500 million prepayment and long-term supply agreement, Apple gives a boost to world's No.2 maker of NAND-type flash chips.
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Delays Drag as Obama Financial Reforms Advance
The Obama administration's plan to form a new Consumer Financial Protection Agency, a central part of its bold regulatory reform agenda, sailed onto the shoals of congressional delay Tuesday.
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Department Of Defense Pushes Ahead With E-Health System
The forthcoming MiCare system will let military personnel, their families, and veterans access personal health records on Google Health and Microsoft HealthVault.
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Researchers Bypass Secure Web Connections
EV SSL certificates are supposed to help people feel more secure online. But at Black Hat next week, two researchers plan to disclose a way around SSL protection.
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Apple, RIM Earning Outsized Profits, Says Analyst
The companies have 3% of the global wireless market, but represent 35% of operating profits.
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Intel Slashes Price Of SSDs
The price drop is the result of Intel moving the product line to a 34-nanometer manufacturing process for NAND flash memory used in solid-state drives.
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Second Life Trains First Responders
The virtual world is being used by medical schools and other healthcare training programs to simulate medical emergencies so doctors and nurses can learn to make quick decisions.
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Federal CTO Says U.S. Lagging In Innovation
Aneesh Chopra said the United States can regain its lead by capitalizing on opportunities in healthcare IT and the smart grid.
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Caixanova, IBM and INSA Set To Create Innovation Centre in Spain
The Spanish savings bank will partner with IBM and its affiliate INSA to establish an innovation center in Galicia.
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