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EDS Australia cuts begin

EDS Australia cuts begin

Electronic Data Systems today confirmed it would cut 75 Australian staff as part of the integration process associated with Hewlett-Packard's acquisition of the global IT outsourcer.

October 16, 2008 by

OMG: The derivatives bubble = $190K per person on planet

OMG: The derivatives bubble = $190K per person on planet

This single statistic has boggled my mind because it puts into perspective the enormous size of the derivatives bubble. DK Matai, chairman of the ACTA Open in his article The Invisible One Quadrillion Dollar Equation -- Asymmetric Leverage and Systemic Risk writes:According to various distinguished sources including the Bank for International Settlements (BIS) in Basel, Switzerland -- the central bankers' bank -- the amount of outstanding derivatives worldwide as of December 2007 crossed USD 1.

October 16, 2008 by

US game spending down 7% in September 2008

US game spending down 7% in September 2008

Americans spent $1.27 bln on video games in September 2008, down 7% from September 2007. Hardware sales dropped 9% to $497.98 mln and software sales fell 6% to $616.1 mln. Nintendo Wii and DS held their place as the two best-selling gaming systems. Microsoft’s Xbox 360 sold 347,200 units during the month, in third place [...]

October 16, 2008 by

Adobe's Serious Magic site SQL Injected by Asprox botnet

Adobe's Serious Magic site SQL Injected by Asprox botnet

According to SophosLabs Adobe's owned seriousmagic.com has been automatically SQL injected by the Asprox botnet, becoming the very latest high profile legitimate web sites injected with links to exploits and malware serving sites :"The infection, which resides at hxxp://www.

October 16, 2008 by

Gershon report released

Gershon report released

The Australian government late yesterday released Sir Peter Gershon's report into federal public sector use of information and communications technology.

October 16, 2008 by

Report: HP working on touchscreen laptop; new netbook

Report: HP working on touchscreen laptop; new netbook

The company behind the Touchsmart all-in-one desktops is planning to release a notebook PC with a touchscreen display before the end of the year, according to a report in today's Wall Street Journal (subscription required). HP has hired Frog Design--the company behind the HP Touchsmart IQ500 and IQ800--to design the hardware while an internal team is refining the touch-enabled user interface that runs on top of Microsoft Windows.

October 16, 2008 by

Apple, Psystar agree to resolution talks

Apple, Psystar agree to resolution talks

Apple and Psystar, the companies who have sued and countersued each other over Psystar's Mac clone computers, have agreed to an "Alternative Dispute Resolution," according to The Mac Observer blog.It's unclear which side - or maybe even the judge - asked for the ADR process but the idea is that the two sides might be able to meet and work out a resolution in lieu of going to trial.

October 16, 2008 by

America’s happiest job occupations: clergy, animators, firefighters

America’s happiest job occupations: clergy, animators, firefighters

59% of professional animators enjoyed their work and are proud of the work they do. More than 80% plan to continue working in this field and more than half would recommend a career in animation to friends and family. These statistics put animators high on the list of highest occupations when compared to national averages [...]

October 16, 2008 by

41% of US consumers think all TVs need a digital converter

41% of US consumers think all TVs need a digital converter

Consumer Reports found that about 17% of Americans living in television households have at least one television set that will be affected by the digital transition, and 13% rely exclusively on over-the-air signals (OTA). Unless they take some action before February, nearly 19 mln Americans will be in households without television programming. While 93% of [...]

October 16, 2008 by

Survey: 88% of Mumbai's wireless networks easy to compromise

Survey: 88% of Mumbai's wireless networks easy to compromise

Deloitte's recently released Wireless Security Survey assessing Mumbai's -- India's financial capital -- state of security awareness in respect to wireless security, shows an ugly picture of insecure wireless networks in both, business, and residential districts. With Mumbai being the home of India's most important financial institutions, next to the majority of multinational corporations, it may also turn into the playground for the next high profile data breach.

October 16, 2008 by

Online bank Cahoot knocked out for days

Online bank Cahoot knocked out for days

The online bank Cahoot appears to have gone offline. It's apparently nothing to do with the financial crisis, but rather the result of a power outage in Spain, where the parent bank Santander is based.

October 16, 2008 by

HDS comes down in scale to compete

At Storage Expo 2008, Hitachi Data Systems, known for systems that are designed to compete head to head with the likes of IBM and HP, explains its move down the scale

October 16, 2008

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