J.P. Morgan to Join Microinsurance Fund LeapFrog
On May 6, 2010 at the IFC headquarters, the world's first microinsurance fund, LeapFrog Investments, will announce that the fund has raised a record amount for investments in Africa and Asia. LeapFrog will also announce new investor J.P. Morgan among other major institutional investors.
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Sapiens Acquires Canada-based P&C Software Vendor Harcase
The acquisition brings Sapiens Harcase's RapidSure policy administration suite and customer base, as well as the software and service capabilities of Octello, Harcase's sales and implementation partner, with whom the company merged earlier this year.
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Tech Experts Sought For STEM Events
The White House and The National Science Foundation are urging technologists to participate in events to raise student interest in science, technology, engineering, math, and science (STEM).
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J.P. Morgan To Acquire Private Equity Administration Services Business Of Schroders
Based in Guernsey and Bermuda, the private equity administration services business currently has $6.2 billion in committed capital under administration.
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Federal Home Loan Bank of San Fran. Selects Calypso
Calypso Technology, Inc., a global application software provider, announced today that the Federal Home Loan Bank of San Francisco has selected Calypso Technology's front-to-back office system to support its front office trade origination, valuation, accounting and back office processing activities.
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Business Analytics: Q&A With Teradata's CTO
Stephen Brobst makes a case for open access to data, simpler analytic tools and new forms of analysis for sources such as Facebook.
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CFTC Lacks Funding for "Essential Reforms," Says Gensler
Gary Gensler, the head of the top U.S. futures regulator, told lawmakers the agency is underfunded and lacks the necessary resources to do its work, a problem that could worsen if Congress moves forward with financial reforms that would give it new powers.
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Goldman Sachs' Soul Search: Sincere or Strategy?
Contrary to popular belief, Goldman Sachs Group has a soul -- and it is even spending time searching it.
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Apple To Buy Siri Mobile Voice Search Developer
Siri "personal assistant" technology lets users perform voice-activated Web searches from their smartphones. Financial details were not disclosed.
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NIST: Federal R&D Boosts Industry
In an annual report, The National Institute of Standards and Technology details innovations developed collaboratively by federal labs and organizations outside of government.
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Verizon, Novell Offer ID Management Service
Verizon Business is branching out into cloud services, including identity management, in partnership with Novell.
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Can the Humble ATM Become a Customer-Retention Tool?
Community Choice Credit Union and other financial institutions are adding functionality to their ATMs in an effort to improve the customer experience and boost retention.
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HP to Buy Palm in Bet on Smartphone Arena
Hewlett-Packard Co announced a $1.2 billion deal to buy Palm Inc , betting it can resuscitate the struggling smartphone maker to compete with the likes of Apple Inc and RIM.
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Senate Agrees to Take up Bank-Reform Bill
The U.S. Senate Wednesday unanimously agreed to take up a sweeping financial reform bill, breaking a partisan logjam that had paralyzed the chamber for three days.
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Obama Urges Swift Passage of Financial Reform
President Barack Obama welcomed a U.S. Senate vote Wednesday opening the way to debate on a Wall Street regulatory overhaul and said he hoped it would lead to swift passage of a reform bill.
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Pru Gets S.Korea Anti-Trust Nod for AIA Deal-FTC
Britain's Prudential Plc has secured South Korean anti-trust approval for its planned $35.5 billion takeover of American International Group Inc's Asian life insurance business, a Korean Fair Trade Commission (FTC) official said. told Reuters on Thursday.
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Euro Zone Determined to Aid Greece
The euro zone and its partners are determined to help stabilise Greece, and restructuring its debt is out of the question, French Budget Minister Francois Baroin said on Thursday.
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Aetna Profit Tops Estimates, Raises Forecast
Aetna Inc posted better-than-expected first-quarter profit on Thursday as the health insurer spent less premium revenue on medical costs, and it raised its full-year forecast.
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Best Of Interop; HP To Acquire Palm
Best Of Interop; HP To Acquire Palm
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Mozilla Tests Mobile Firefox For Android
The developers working on Mozilla's Fennec are seeking feedback from Android users.
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Global CIO: Can HP, IBM, & Oracle Make Peace With Breakaway Banks?
Column about how HP, IBM, Oracle, and Microsoft can try to win back the trust and revenue from three global banks determined to develop their own cloud networks.
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Interop: Mobile Security Is Weak Link
Despite their growing prevalence in the enterprise, smartphones are the poor cousin when it comes to data protection—and that has to change.
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Obama to Tap Yellen, Diamond, Raskin for Fed Board
President Barack Obama Thursday plans to name San Francisco Federal Reserve Bank President Janet Yellen to be vice chairman of the U.S. central bank and two others to fill Fed board vacancies, sources familiar with the process said Wednesday.
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HP To Buy Palm For $1.2 Billion
The deal shakes up the smartphone market and gives HP its very own mobile platform: webOS.
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Interop: 41% Of Attendees Tap Cloud
Survey shows cloud computing gaining steam in the enterprise, though concerns remain.
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