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Sprint and Clearwire have torn up the letter of intent (LOI) that joined the two companies in their efforts to build high-speed wireless Internet networks -- known as "WiMax" networks -- across the nation. The pair inked the letter this summer, but according to Sprint, "The two companies could not resolve complexities associated with the LOI and failed to reach final agreement on the terms of the transaction."
Providence Equity Partners might back away from its US$1.2 billion deal to buy Clear Channel Communications' 56 television stations, an agreement announced in April that was supposed to close soon Confirmation of Providence's sudden case of cold feet came Thursday in a report filed by Clear Channel with the U.S. Securities and Exchange Commission....
R&B recording artist Alicia Keys' MySpace page was hacked not once but twice this week, according to Exploit Prevention Labs The first attack, likely done early in the week, affected visitors viewing virtually any part of Keys' page, Exploit Prevention's Chief Technical Officer Roger Thompson reported on Thursday. For visitors running unpatched Win...
There's little doubt that Google and the other members of the Open Handset Alliance (OHA) made one of the biggest technology marketing splashes in recent memory on Monday with their introduction of Android. What kind of lasting impact the platform will have on the cellular industry, however, is less certain Android is billed as the first truly open...
Many entrepreneurs think that it is not possible to bring a smaller company public. They feel that a company needs to have a long track record, as well as show a profit. Actually, neither is a prerequisite to bringing a company public Smaller companies that have achieved some level of profitability or can forecast profitability in the near future a...
Each year, financial institutions invest hundreds of millions of dollars in online banking channels in an attempt to meet the increasing customer demand for convenient, reliable access to banking information and products. Failure to complete customer transactions results in wasted investment, and this becomes quickly evident as increasing customer demands dictate that the performance of their transactions are just as important as the functionality they provide...
IBM has announced a flurry of new components that reinvigorate the company's efforts to create enterprise computing systems smart enough to manage and heal themselves The whole concept, called "autonomic computing," is all about reducing data center complexity and creating a computing infrastructure that regulates itself much in the same way the au...
Microsoft announced a new tool to help parents limit the amount of time their children spend playing video games on the Xbox 360 Wednesday. With the Family Timer, parents can program an appropriate amount of gaming and entertainment time on the console for their children on a daily or weekly basis The announcement, made in conjunction with the Pare...
Advanced Micro Devices (AMD) has turned to graphic chip technology to boost the power of its latest high-end processor, the FireStream 9170 Stream Processor, unveiled Thursday The hybrid chip taps into the "massive parallel processing power" found in graphics processing units (GPU) and leverages it to meet the needs of the demanding high-performanc...
Cisco's first-quarter revenue rose 17 percent and profit jumped 37 percent, but the networking gear maker's shares took a beating after it failed to provide a more upbeat forecast The company earned US$2.21 billion, or 35 cents per share, for its first quarter, and revenue climbed to $9.55 billion. Those results were roughly in line with analyst ex...
Open source computing company Red Hat is testing the waters for delivering its Enterprise Linux operating system on a pay-as-you-go online basis through Amazon's Web services system The deal, in private beta testing, means companies can use Red Hat Enterprise Linux on the Amazon Elastic Compute Cloud, known as "Amazon EC2," on an on-demand basis....
Lenovo unveiled its latest offering for business users Tuesday -- two new workstations. The ThinkStation desktop computers are a first for Lenovo. The No. 3 computer maker has focused primarily on sales of its ThinkPad laptops It is also the first time the Chinese hardware maker has added a new Think-branded PC to the line since it purchased IBM's ...
As the world becomes "flatter" and globalization drives new opportunities for international commerce, how do small and medium-size businesses (SMBs) jump on the bandwagon? The Internet allows any business to gather orders and process them across borders very easily at low cost. For SMBs in the U.S., currency fluctuations are working in their favor ...
It's beginning to look a lot like Christmas -- at least on major retailers' Web sites. Banner ads are popping up on major e-commerce sites -- including Amazon.com and Wal-Mart.com -- highlighting top-selling computers, DVDs, toys and consumer electronics items as well as offering hints to help shoppers find something special for friends and loved ones. Yet while this year's online sales are once again expected to set new benchmarks, identifying this season's product and promotional hits is not as easy as it was in 2006...
Companies' integrated voice recognition (IVR) applications are being stretched thin. Even when the best interface designs are in place, customers are abandoning calls before completion Forty-three percent of companies surveyed in the "Contact Center Analytics" benchmark were either seeing poorer performance in call abandonment rates or didn't measu...
With Google's Android rollout this week, hand in hand with the creation of the Open Handset Alliance, the Linux community has had plenty to discuss regarding the platform, its openness, and what it would all mean for wireless users There was considerable debate on Slashdot, as you might expect, focusing on whether Android is essentially more of a p...
The growing popularity of Web 2.0 applications is creating new worries about network security for IT managers and program users alike. One of the biggest concerns is the lack of attention by some product developers and the users themselves to regularly scan their computer systems for holes The recent acquisitions by IBM and HP of two companies that...
Microsoft's platform of online services and applications -- akaWindows Live -- has graduated from beta after two years of development At the Windows Live Web site, users can download software for the desktop -- such as Windows Live Mail, Windows Live Photo Gallery, and Windows Live Writer -- and access services including Windows Live Spaces, Hotmai...
Instead of asking a stranger for directions, lost drivers may soon be able to turn to Google Maps for help as they fill up their gas tanks. Google has teamed with Gilbarco Veeder-Root, a commercial fueling supplier, to put Google Maps at the gas pump "Getting directions at the pump is safer than using Internet-enabled devices from the driver's seat...
AT&T employee-turned-whistleblower Mark Klein, a 62-year-old retired telecommunications technician, was in Washington Wednesday to meet with members of Congress to convince them that telecommunications companies shouldn't get immunity for the part they played in helping the National Security Agency (NSA) collect and record massive amounts of Americans' Internet communications...
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