Epicor Software inks deal amending its credit facilityOctober 6th, 2009 Epicor Software amends deal for line of creditIRVINE, Calif. — Epicor Software Corp.
Apple's latest operating system software, Snow Leopard, to go on sale FridayAugust 24th, 2009 Apple's Snow Leopard goes on sale FridayCUPERTINO, Calif. — Apple Inc.'s latest operating system software, Snow Leopard, will go on sale this Friday.
SPSS says antitrust inquiry period ended; shareholders to vote on $1.2 billion IBM purchaseSeptember 9th, 2009 SPSS passes antitrust review over IBM purchaseCHICAGO — Business software provider SPSS Inc. said Wednesday the waiting period for an antitrust inquiry has expired, clearing one of the hurdles to its purchase by IBM Corp.
Citi sells Indian IT arm to Wipro for $127 mnDecember 22nd, 2008 BANGALORE - The ailing global financial services firm Citigroup Inc is selling its India-based captive IT services subsidiary City Technology Services (CTS) to Wipro Technologies for $127 million (Rs.6.2 billion) in an all-cash deal, the IT bellwether announced here Tuesday. Of the total value for 100 percent equity, Wipro will pay $26 million in cash towards premium and $101 million for the assets of CTS in Mumbai and Chennai.
Extended stalling is over: Tax deadline is ThursOctober 9th, 2009 Extended stalling is over: Tax deadline is ThursNEW YORK — It may have seemed like you had all the time in the world to file your tax return after you got that six-month extension last April. But if you still haven't sent it in, there's no more stalling.
Hewlett-Packard upgraded at Credit Suisse as printer business bottoms, PC sales look upSeptember 22nd, 2009 Hewlett-Packard upgraded by Credit SuisseNEW YORK — Credit Suisse upgraded Hewlett-Packard Co. on Tuesday, calling a bottom to its printer business and pointing out improving demand for computer hardware.
'Cyber criminals can buy personal identities for less than a can of cola'April 14th, 2009 LONDON - With a rise in cyber frauds, criminals can now purchase full personal identities for "less than a can of cola", according to an Internet security firm. The annual Symantec Internet Security Threat Report revealed that the market for stolen personal information, including credit card details, names addresses and dates of birth, grew to such an extent last year that it led to a price war of sorts.
EBay announces Skype spin-off planApril 15th, 2009 SAN FRANCISCO - Online auction house eBay said Tuesday that it plans to spin off its online telephony business Skype via an initial public offering by the middle of next year. The announcement was seen as an admission by the auction powerhouse that its $2.6-billion purchase of Skype in 2005 had not worked out as expected.
Satyam head quits after admitting massive fraud, stock crashesJanuary 6th, 2009 HYDERABAD - In a development that shook India's corporate and financial worlds Wednesday, co-founder and chairman of Satyam Computers B. Ramalinga Raju resigned after confessing to a Rs.40 billion (Rs.4,000 crore or $823 million) fraud that had been going on for years.
NKorea has set up Cyber warfare unit to wage a hacking war against US and SKorea!May 5th, 2009 Report: NKorea operating cyber warfare unitSEOUL, South Korea — North Korea runs a cyber warfare unit that tries to hack into U.S. and South Korean military networks to gather confidential information and disrupt service, a news report said Tuesday.
New study: YouTube's 2009 expenses will cost Google nearly $300M less than analysts predictJune 17th, 2009 Guessing game: How much money is YouTube losing?SAN FRANCISCO — Internet video leader YouTube Inc.'s losses have been overblown by some analysts, but corporate parent Google Inc. doesn't mind the misperception, according to a study being released Wednesday.
Google announces own operating system to take on MicrosoftJuly 8th, 2009 NEW YORK - Internet giant Google announced Wednesday the arrival of its own computer operating system, initially designed for use with Netbook computers. Google Chrome OS, based on the company's nine-month old browser software, is to be available to consumers from the second half of 2010, a statement on Google's blog said.
Pak investigative agency to crack down on pirated software, porno CDsJuly 27th, 2009 RAWALPINDI - Pakistan's Federal Investigation Agency (FIA) is set to crack down on the sale of pirated software and porno CDs in the capital and adjoining garrison city. Sources said the FIA's Cyber Crime Wing with the help of National Response Centre for Cyber Crimes (NR3C) had uncovered dealers of pirated software and pornographic CDs through a survey of the twin city market.
Blue Star Infotech successfully implements Microsoft Dynamics NAVAugust 14th, 2009 MUMBAI - Blue Star Infotech today announced that it has successfully implemented Microsoft Dynamics NAV 5.0 for Jay Chemicals Industries Limited. Jay Chemical Industries Limited (JCIL), a leading manufacturer of Dyes and Intermediates, had decided to deploy an Integrated Business Management System for better management of information and adoption of best business practices.
Hurco Companies says chief operating officer stepping downOctober 1st, 2009 Hurco chief operating officer stepping downINDIANAPOLIS — Hurco Companies Inc., a computer control and software maker, said Thursday that James D. Fabris will resign as president and chief operating officer as of Oct.