Monday, February 9, 2009

IT News HeadLines (TechWeb) 09/02/2009



LiMo To Ring In Low-Cost Linux Phones
The upcoming devices will not be positioned against more elegant competitors in the smartphone category such as Apple's iPhone.
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Voltaire Offers 40 Gb/s InfiniBand Director Switches and Software for Scale-Out Data Centers
New grid director 4700 switch offers low latency, combines with unified fabric manager software to manage scale-out and further increase performance
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Outpost Investment Group Selects Sky Road
Global macro fund to leverage cross asset functionality of platform
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J.P. Morgan’s New Global Payments System Goes Live
J.P. Morgan has enhanced its Global ACH service to give clients faster, broader functionality.
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Zurich, Farmers Warn Customers of Possible Volcanic Eruption
Insurance carriers urge Alaskan customers to implement business continuity plans to prepare for the possible eruption of Mount Redoubt.
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Derivix Links to Credit Suisse AES Algorithmic Trading Platform
Partnership equips options traders with the tools needed to compete in today's volatile marketplace
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The Conference Board Employment Trends Index Continues to Decline
Pace of declines is faster than any time since 1974 recession.
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Deutsche Bank Implements BCS Integrity Account Substantiation Tool
Deutsche will use Integrity to help automate the process of verifying account accuracy.
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Microsoft To Launch Windows Mobile App Store
The software maker will roll out an Apple-style offering along with Web-based storage.
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Ellie Mae and Loan-Score to Integrate Platforms
Partners aim to help mortgage originators become more efficient through instant pricing and eligibility capabilities.
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BATS Offers Market Data Through Xignite Web Services
Market data widgets available through the "cloud."
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XL Capital Cuts Costs While Reducing Its Carbon Footprint
By consolidating data centers and utilizing virtualization, collaboration and other technologies, XL Capital has seen cost savings mount as its environmental impact shrinks.
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The Global Economy: Stabilizing or Just Another False Dawn?
The receent flurry of slightly better economic news may speak more to the healing powers of governments and not the economy's health.
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Improved Risk Management Through Green Tech
Environmentally friendly tech enables better management of business continuity, reputational and regulatory risk.
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Green IT Helps Environment and Bottom Line
Operations best practices such as moving documents to electronic formats and utilizing energy-efficient systems also reduce insurers' environmental impact.
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Green IT Necessary in Any Economy
In an industry directly affected by climate change, green initiatives such as virtualization are crucial to American Modern Insurance's business practices.
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Virtual Roundtable: Green IT
Especially in turbulent economic times, "green" initiatives can be a boon to the business.
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Satyam To Announce Long-Term Plan Next Week
The defrauded outsourcer's plans may include sale of the company, its chairman said. Analysts say aggressive bidding interest in Satyam is unlikely.
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How To Find A Great IT Job In A Bad Economy
Job-finding tips from IT pros who were pink-slipped, but survived to work another day include aggressive networking and skills training.
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U.S. Treasury Delays Bank Bailout Announcement
Additional bank rescue announcement has been delayed until Tues. as Congress hammers out stimulus package.
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