Tuesday, March 30, 2010

IT News HeadLines (TechWeb) 30/03/2010



JooJoo Ships Tablet PC
Fusion Garage says it is shipping the device formerly known as the Crunchpad ahead of Apple's iPad.
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Insurance Associations Express Concerns About Financial Reform Bill
Sen. Christopher Dodd's reform bill proposes only modest changes to the existing insurance regulatory regime, but industry associations are pushing back against resolution funding requirements and potentially duplicative regulation.
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GSA Pilots Procurement Wiki
The General Services Administration's BetterBuy project allows vendors to provide online feedback on the RFP process.
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PlayStation 3 Upgrade Kills Linux Option
Outraged users claim Sony is removing a feature they already bought and paid for.
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Kuwait and Middle East Investment Company Picks Quod Financial
Quod Financial will provide new online trading platform for retail and high-net worth investors in Kuwait.
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UBS Brokerage Cuts 200 Jobs; Executives Depart
Swiss banking giant UBS AG cut 200 headquarters jobs in its U.S. brokerage unit, people familiar with the situation said, as wealth management chief Robert McCann looks to slash costs and drive further senior leadership changes.
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Microsoft Plans Xbox Storage Upgrade
The move will enable third-party USB Flash drives to be used for the storage of data on the Xbox 360 video gaming console.
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NYC Recession Proves Shallower Than Expected
Financial sector's swift rebound has New York City's current recession, though "quite severe" for people who lost their jobs, looking surprisingly shallow and brief when compared with previous downturns.
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Bank of New Zealand to Install Videoconferencing in All Branches
Bank performing makeovers of all 179 branches incorporating new security technology, digital signage and videoconferencing.
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Capital Markets Firms Turn to Cloud Computing
Despite disagreement on the actual definition of 'cloud computing,' capital markets firms increasingly are turning to the technology to achieve scale, cut costs and improve time to market. But not everything about the cloud is white and fluffy.
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Nokia To Buy Browser Maker Novarra
Novarra offers Vision, a mobile browser which supports Flash and video, DHTML, and full HTML with JavaScript and AJAX, RSS, and widgets.
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Polycom A Takeover Target
Now the largest independent videoconferencing provider, Polycom has recently inked new contracts with Avaya and HP.
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BofA to Expand Use of Videoconferencing
Going from 28 Cisco Telepresence units to 200 by year end.
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iPad Buyers Face Order Backlog
Demand is such for Apple's new tablet-style device that orders placed this week won't arrive until more than a week after the official, April 3rd launch.
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Windows 7 Less Vulnerable Without Admin Rights
Most Windows 7 vulnerabilities can be mitigated by administrative rights limitations, report from BeyondTrust finds.
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CTIA Wrap-Up; Steve Jobs's iPad Emails
CTIA Wrap-Up; Steve Jobs's iPad Emails
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Global CIO: Oracle's Larry Ellison Declares War On IBM And SAP
Column about Oracle CEO Larry Ellison's declaration of war on both IBM and SAP as he lays out his plans for how Oracle will become #1 in high-end servers and in enterprise applications.
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NorthScale Memcached Server Speeds Farmville
The distributed data caching specialist supplies the data management muscle behind Zynga's Farmville and Mafia Wars social networking games.
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