SecondMarket Shareholders Sell $13 Million in Shares on SecondMarket

SecondMarket traded on SecondMarket, as part of its first internal liquidity program. “It was a resounding success” says Barry Silbert, founder and CEO with the company. The secondary transaction was led...

Indian Insurers to Spend $1.8 Billion on IT in 2012

Indian insurance companies will spend $ 1.8 billion on IT products and services in 2012, an increase of 11.7 per cent over 2011 revenue of $ 1.6 billion, according to Gartner....

Best Buy To Hire 200

Best Buy plans to hire more than 200 information technology professionals, with over 100 new positions to be posted in the next several weeks, said the company. The new hires will join...

Non-Compete Clauses May Be Worse Than You Think

A new study of more than 1,000 engineers, conducted by an MIT professor, shows that non-compete agreements come with a high cost for employees: When those workers do shift jobs, roughly...

Oracle Unveils Public Cloud

Oracle announced  the Oracle Public Cloud , a broad set of integrated services that provide customers with subscription-based, self-service access to Oracle Fusion Applications, Oracle Fusion Middleware and Oracle Database, all completely...

Finally. Business @ The Speed Of Thought, Says Oracle

Its been a busy day at the Oracle OpenWorld 2011. The company made several key announcements, and Lary Ellison was his usual self. “When we first bought Sun, a lot of...

Korean Air Rolls Out Windows 7 Enterprise

Korean Air today announced that it has retired Windows XP and is rolling out Windows 7 Enterprise companywide, with plans to be 100 per cent deployed by the end of 2011....

10 Million Galaxy Tabs Sold, Sales Have Doubled

Samsung has sold 10 million Galaxy tabs, since it was launched five months ago in April 2011. Sales have doubled from five million in just eight weeks, said the company in a statement. The...

Coverity Helps CERN Clean 50 Million Lines Of Code

Large Hadron Collider at CERN (Image: CERN) Coverity  has announced that CERN (the European Organization for Nuclear Research) has deployed the Coverity Static Analysis  to improve integrity of source code found across a number of projects analyzing data from...

Public Internet Registry, Digital Empowerment Foundation To Help Indian NGOs With Free Website, Domain...

The Public Interest Registry (PIR) has partnered with the Digital Empowerment Foundation (DEF) to host a series of eNGO Workshops – training programs to help NGOs develop and manage an online presence – across India. Earlier...

India’s Escorts Group Is Replacing Its ERP Infrastructure With IBM Hardware

The Escorts Group, an Indian engineering conglomerate, is replacing its existing ERP system infrastructure with a workload-optimized hardware solution from IBM. Escorts is replacing its existing HP PA-RISC servers with IBM Power 750 Express...

Health Industry Under-Prepared to Protect Patient Privacy: PwC

A majority of health organizations are under-prepared to protect patient privacy and secure data as new uses for digital health information emerge, and access to confidential patient information expands, according to...

Mossi & Ghisolfi Gets Enterprise Cloud Solutions From Verizon, Deloitte

Global chemical engineering company Mossi & Ghisolfi (M&G) has chosen a cloud-based solution developed and deployed by Verizon and Deloitte for its IT infrastructure. M&G had already outsourced key IT resources, viewing the...

Accenture Settles With Department of Justice, Pays $63.68M

Accenture has agreed with the U.S. Department of Justice to settle a lawsuit originally filed in 2006 (United States ex rel. Norman Rille and Neal Roberts v. Accenture LLP) for $63.68...

74 Per Cent Of All Adults Have Gone Online To Look For Healthcare-related Information

A  Harris Poll finds that three quarters or 74 per cent of all adults have gone online at some time to look for health information, and that 60 per cent have...