Saturday, May 1, 2010

IT News HeadLines (TechWeb) 01/05/2010



Adobe CEO Calls Jobs' Flash Complaint 'Smokescreen'
Shantanu Narayen sees Apple's restrictions making life difficult for developers who want to create content on multiple platforms.
Read More ...

HP 'iPad Killer' DOA, Report Says
Blogosphere rife with stories that tablet partnership between Microsoft and Hewlett-Packard has come asunder.
Read More ...

Avatar Director Helps NASA With Mars Cameras
James Cameron is working with the space agency to outfit the next-generation rover, Curiosity, with 3D cameras.
Read More ...

Insurers' Profits Up, Regulatory Worries Persist
Two major U.S. insurers saw profits jump in the first quarter, setting a bullish earnings tone for 2010 despite fears of a changing regulatory landscape.
Read More ...

Mobile Phone Shipments Surge 21%
RIM entered the top five for the first time, pushing Motorola off the list of the world's best-selling mobile phone makers.
Read More ...

Acer Preps Smartphone Line
Qualcomm's powerful Snapdragon platform will power four new handsets this year, as Acer, like HP and Dell, gets serious about the mobile phone market.
Read More ...

Healthline Lands $14 Million In Funding
The funds will be used to boost the online health information firm's content, sales, and advertising platform.
Read More ...

YouTube Dominates Online Video
The Google-owned site reached 75% of the 180 million Internet users who watched online video in March.
Read More ...

US Starts Criminal Probe into Goldman Trading
Federal prosecutors are conducting a criminal probe into whether Goldman Sachs or its employees committed securities fraud in connection with its mortgage trading, the Wall Street Journal reported.
Read More ...

Did Goldman Sachs Gain AIG Insight from Timberwolf?
The blow-up of a $1 billion subprime mortgage-linked security called Timberwolf 1 may have provided Goldman Sachs Group with an early clue about trouble to come at insurance giant AIG.
Read More ...

Processor Shipments Up 39%
Chip revenue was also up 40% in the first quarter, indicating that PC makers are seeing the fruits of an improving economy.
Read More ...

NASA Space Telescope Achieves Milestone
The Webb deep space telescope has gained manufacturing approval, putting it a step closer toward its mission to study the Big Bang's origins.
Read More ...

Federal Criminal Probe into Goldman Trading - WSJ
The U.S. federal authorities are conducting a criminal probe into trading by Goldman Sachs the Wall Street Journal reported on its website on Thursday without giving any more detail.
Read More ...

Hartford Posts Q1 Net Profit
Insurer Hartford Financial Services Group Inc reported a first-quarter net profit, but the company lost money on a per share basis after repurchasing preferred shares from the government.
Read More ...

New York Marchers Protest Wall Street, Big Banks
Several thousand demonstrators marched through the New York financial district Thursday in a protest led by labor unions, saying Wall Street's biggest banks must account for record profits while average Americans still suffer financially.
Read More ...

WellPoint Revising Rate Increases in California
WellPoint Inc's California unit will revise rate requests for its individual plans in the state that drew national political fire during the U.S. health reform debate.
Read More ...

Coventry Health Profit Soars Past Estimates
Coventry Health Care Inc posted far better-than-expected first-quarter profit on Friday, as the insurer spent less premium revenue on medical costs and showed strong performance in several lines of business.
Read More ...

German Banks, Industry Set to Help Greece-Sources
Deutsche Bank AG Chief Executive Josef Ackermann is helping coordinate efforts by Germany's private sector to support a rescue package for Greece, a senior banking source told Reuters.
Read More ...

Tbricks Opens London Office To Serve Low-Latency Trading Market
Focus is on specific needs of London-based proprietary trading desks and hedge funds.
Read More ...

Vietnam's Techcombank Adopts Bloomberg Trade Order Management System
Techcombank is the first financial institution in Vietnam to adopt an automated front- and middle-office treasury solution.
Read More ...

Symantec To Buy PGP, GuardianEdge For $370 Million
The data encryption firms offer technology for standards-based encryption of full-disks, removable media, files, folders and smartphones.
Read More ...

Global CIO: Inside SAP: 10 Factors Behind Its Dramatic Turnaround
Column about 10 reasons behind the turnaround at SAP engineered by new co-CEOs Bill McDermott and Jim Hagemann Snabe.
Read More ...

Apple CEO Explains Flash Ban
Apple CEO Explains Flash Ban
Read More ...

U.S. Starts Criminal Probe Into Goldman Trading
U.S. federal prosecutors are conducting a criminal probe into whether Goldman Sachs Group Inc or its employees committed securities fraud in connection with its mortgage trading, the Wall Street Journal reported on its website Thursday.
Read More ...

New York Marchers Protest Wall Street, Big Banks
Several thousand demonstrators marched through the New York financial district Thursday in a protest led by labor unions, saying Wall Street's biggest banks must account for record profits while average Americans still suffer financially.
Read More ...

No comments: