Saturday, April 10, 2010

IT News HeadLines (TechWeb) 10/04/2010




Apple Bans Some iPhone Development Tools
Developers are struggling to understand whether anything other than Apple's development tools will be allowed.
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IBM Cloud Elevates Aerospace Designer
Woodward Control Solutions is tapping high-performance computing resources over the Internet to boost productivity and efficiency.
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White House Launches Crowdsourcing Site For Manufacturing
Ideas will be collected about policy decisions for the manufacturing industry, including suggestions for using technology to advance the sector.
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Aetna Halting Medicare Enrollment Over Sanctions
Aetna is suspending marketing to and enrollment of new members to its Medicare plans for the elderly because of sanctions imposed by the U.S. government, the health insurer said Friday.
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OTC Derivatives Market Still Lacks Transparency, Efficiency
Robust processes and better technology are needed to support the risk inherent in the market, according to findings of a survey carried out by TowerGroup and SunGard.
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NSA Details Information Assurance Spending
The National Security Agency plans to spend $902 million on information assurance in fiscal 2011, funding everything from advanced encryption to cyber warfare training.
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MasterCard Partners with Next Jump to Rebuild Online Strategy
Alliance to accelerate advances in e-commerce, fuel consumer-focused innovation with launch of MasterCard Marketplace.
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Federal IT Market $111.9 Billion By 2015
Civilian agencies will spend the most money on IT services, while intelligence agencies will see the largest growth in spending.
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Sacombank's Rip-and-Replace Turbo-Charges Branch Expansion
Sacombank's core system replacement transforms the Vietnam-based bank into an agile institution built for rapid growth.
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Canada's National Bank Takes New Data Hub Live
Enterprise data management project ready for prime time.
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Doctors Still Trump Internet For Medical Advice
Women prefer medical professionals over online chat sites for discussing private health matters, a study shows.
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Ex-CEO Blames Fannie Mae Failure on Hybrid Status
Fannie Mae did not abandon its goal of increasing homeownership for poorer Americans in pursuit of higher profits as some have alleged, said Daniel Mudd, Fannie's chief executive who was ousted in a 2008 government takeover.
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Forrester Boosts Tech Spending Forecast
Forrester Boosts Tech Spending Forecast
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OFI Asset Management Selects Pricing Partners for its Structured Products Revaluations
OFI Asset Management develops and provides tailored investment solutions to its clients. The group operates over $28.2 billion in the form of mutual funds and management mandates.
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Profiting from Poverty? The Ethics of Microfinance
An initial public offer by India's SKS Microfinance is likely to set the stage for more such offers in the world's largest microlending market, but it has also sparked a debate on the ethics of profiting from the poor.
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Ex-Citigroup CEO Apologizes, Defends Bank's Size
Former Citigroup Inc Chief Executive Charles Prince apologized Thursday for Citi's failure to better prepare for the financial crisis, at the same time as he defended the third-largest U.S. bank's size and conglomerate nature.
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Iraq Stock Exchange Sees Boost From Securities Package
The Iraq Stock Exchange expects to boost its business by 50 percent once new securities legislation is in place as it will help to draw needed foreign investment, the bourse's chief executive said.
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NASA Retools As Shuttle Faces Final Countdown
Focus will shift from space station missions to Earth science and research into manned flights beyond the moon.
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Salesforce.com Extols 'Facebook Imperative' For Enterprise
CEO Marc Benioff said mobile access and social-network-style collaboration like the company's upcoming Chatter service will mark next era for enterprise applications.
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Appirio Builds Salesforce To Gmail Link
A Mountain View, Calif., startup is focusing on how to get information in one cloud's applications available to those on another cloud.
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Lawson Cloud Plan Taps Amazon EC2
ERP vendor targets test, peak-load and disaster recovery scenarios as well as would-be SaaS customers.
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Banking Reform, Unemployment On U.S. Congress' Agenda
U.S. lawmakers return to Congress Monday after a two-week break, facing a backlog of work and a bitterly partisan atmosphere soured by Democratic tactics in passing healthcare reform over united Republican opposition.
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FACTBOX-Microfinance IPO Sparks Debate
Five facts about India's developing microfinance market, in the midst of SKS Microfinance's IPO.
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HP Breakthrough Promises Ultrafast Computers
"Memristor" technology could take chip performance beyond limitations imposed by Moore's Law.
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Salesforce Extols 'Facebook Imperative' for Enterprise Computing
CEO Benioff says mobile access and social-network-style collaboration will mark next era of enterprise applications.
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