Like their counterparts at the malls, online merchants finally got some relief with the unofficial start of the holiday shopping season, spurred by a bevy of deals and free shipping offers. But the stronger-than-expected bump in online sales Monday couldn't cancel out a lackluster November.
Telecom Italia will cut an additional 4,000 jobs by 2011 as it concentrates on core growth markets in Italy and Brazil to confront the deteriorating economic situation, CEO Franco Bernabe said Wednesday. The 4,000 job cuts are in addition to 5,000 announced in June, and will reduce Telecom Italia's workforce by 14 percent.
The Electronic Frontier Foundation has challenged the constitutionality of a federal law providing immunity to telecom companies that allegedly shared information about U.S. citizens with security agencies. In a hearing in federal court on Tuesday, the EFF argued that it is unconstitutional to prevent American citizens from suing telecoms that allegedly helped the NSA spy on them.
German semiconductor maker Infineon Technologies said Wednesday that a write-down on its stake in Qimonda and lower chip prices on the global market combined to widen its fourth-quarter loss, the seventh in a row. Infineon said it lost $968.8 million in the fourth quarter that ended Sept. 30 compared with a $354.5 million loss a year earlier.
Yahoo is plugging its Internet radio service into CBS's webcasting network in a move driven by dramatically higher fees for airing music online. Yahoo's retreat from operating a standalone service, announced Wednesday, makes it the second major Web site this year to flee the rising royalty rates by hitching its radio service to CBS.
The enterprise-software company has collaborated with networking-hardware company Emulex to produce Linux kernel data-integrity code. Oracle has announced that it has contributed data-integrity code to the Linux kernel. The open-source code, which has been accepted into the Linux 2.6.27 kernel, is designed to reduce data corruption...
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By 2020, the cloud will have taken over, and open source will rule in the cloud - with the result that 40 percent of IT jobs will be related to open source, according to a report. By 2020, the cloud will have taken over, and open source will rule...
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Documents created using the Office Open XML document format can now be viewed through a simple Firefox plug-in, while OOXML's compatibility with ODF and Apache has also been enhanced. Microsoft on Wednesday announced several incremental enhancements to the compatibility of its Office Open XML document...
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We can all read the news. Credit is frozen, or nearly so, and the federal government is laboring mightily to get credit flowing again. Unfortunately, here in the U.S. as well as in other places like the UK, banks have become averse to doing business. The news reports I read say that after being too lax, many banks are being too strict in their lending policies and are sitting on the cash that governments have given them to lend.
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The old adage about a sucker being born every minute is no less true among respondents to spam. Dishonest people have always been trying to make a fast buck by duping others into confidence scams, and the Web has give those people an easy way to communicate with more potential marks. However, modern-day scam artists may be capable of making a faster buck from a lot fewer suckers.
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