Saturday, June 25, 2011

IT News Head Lines (ComputerWeekly) 25/06/2011





Oracle Q4 revenues climb 36% but decline in hardware sales drops share price 7.5%
Oracle's fiscal fourth-quarter earnings climbed 36% to $3.2bn and total revenues were up 13% to $10.8bn. But a decline in hardware sales and a forecast of only 10% to 20% growth in licence sales sent Oracle shares down by as much as 7.5% in late trading.

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Travelodge UK investigates customer database hack following spam attack
The Travelodge UK hotel chain has issued a warning to users of its online service to watch out for spam e-mails.

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Government cancels SME contracts and hands IT services deals to Capita
Government departments have been cancelling freelance IT contractors supplied through SMEs and giving their interim staff business to Capita under orders from the Cabinet Office's Efficiency and Reform Group (ERG), in apparent contradiction of government SME policy.

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LulzSec hacks Arizona police in protest at controversial immigration legislation
Hacker group Lulz Security has published documents stolen from Arizona police in protest at the state's controversial new immigration law.

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Twelve nations collaborate to shut down international scareware cyber crime rings
Twelve countries have collaborated in an anti-cybercrime effort to shut down two crime rings that caused more than £46m in losses to over 900,000 people through sales of fake security software known as "scareware".

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Federal Trade Commission investigates Google charges of abusing its position
Google is to be investigated by the Federal Trade Commission as to whether it abuses its position in search dominance to steer users to its own sites and services.

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Yahoo shareholders vote against Roy Bostock and Carol Bartz at board elections
Nearly 20% of Yahoo's shareholders voted against re-electing to the board the company's chairman, Roy Bostock, and chief executive, Carol Bartz, at the annual investor meeting.

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Available Tags:Oracle , hardware , UK , hack , Google , Yahoo ,

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