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US IT spend to mark modest growth US IT spending will grow by seven per cent next year, according to a study out yesterday from IT analysts Forrester Research. Forrester predicts that spending on IT goods, services, and staff will remain at seven per cent over the next three years. | 3 |
FrontBridge Fills Archiving Gaps FrontBridge Technologies put its best foot forward with an acquisition and the launch of a new managed service, the company said Monday. | 3 |
Milosevic War Crimes Trial Resumes The trial of Slobodan Milosevic on war crimes charges has resumed in The Hague with the former Yugoslav president launching a spirited defense. | 0 |
British Based Preacher Probed over Child Trafficking A Britain-based preacher who claims to perform miracles on barren women is being investigated in connection with an alleged child-trafficking ring that spans five countries, Kenyan police said today. | 0 |
Sun sales tactic targets Linux Company will compensate its sales staff for selling non-Sun machines, as part of its effort to boost Solaris on x86 hardware. | 3 |
Opera Lands on Windows Mobile Alternative browser will be available on portable devices running Microsoft's OS. | 3 |
OPEC chief expects oil prices to ease from recent high levels By Channel NewsAsia #39;s Indonesia Bureau Chief Haseenah Koyakutty. JAKARTA : The head of the Organisation of Petroleum Exporting Countries, or OPEC, says he expects global oil prices to come well off their current crippling highs. | 2 |
Transco sells four gas networks National Grid Transco has sold half of its gas distribution networks for 5.8bn (\$10.4bn), it was announced today. The move has been welcomed by the gas and electricity regulator Ofgem, which said new competition in the sector could lower prices. | 2 |
Harrah #39;s, Caesars in talks to sell casinos Harrah #39;s Entertainment Inc. and Caesars Entertainment Inc., both of Las Vegas, have begun talks to sell four casinos to a group led by Colony Capital LLC, according to media reports. | 2 |
WTO OKs Sanctions Vs. US in Trade Row The European Union and its allies got the go-ahead on Tuesday to slap potentially heavy sanctions on US goods in a row that could stir trade tensions ahead of the US elections. | 2 |
Outsourcing CEOs Get Big Pay Hikes NEW YORK - US companies that outsourced the most jobs in 2003 also offered well-above average pay increases to their chief executives, according to a new study released this morning. | 2 |
Charter will add phone service Madison area cable provider Charter Communications is set to complete the quot;telecom triple play quot; with the addition of phone service. | 2 |
Intel Builds New Chips with 65 Nanometer Process Technology quot;The achievement extends Intel #39;s effort to drive the development of new manufacturing process technology every two years, in accordance with Moore #39;s Law, quot; Intel said in a statement. | 3 |
AMD Demonstrates 90nm x86 Dual-Core Processor AMD has been demonstrating the industrys first x86 dual-core processor at its Austin facilities on an HP ProLiant DL585 server powered by four dual-core Opteron processors manufactured on 90nm SOI process technology, the company announced today. | 3 |
Cluster Workstations bring supercomputing to power users #39; desks Santa Clara, California start-up Orion Multisystems is trying to take the benefits of supercomputers and put them into a workstation for power users. | 3 |
China #39;s Olympic flying start AS the excitement of the Athens Olympic Games fades, the build-up to Beijing 2008 is in full swing. The countdown to China began last weekend when Beijing #39;s mayor took possession of the Olympic flag at the Athens closing ceremony. | 1 |
Senegal Draws Up Locust Battle Plan for West Africa Only a military-style operation with bases across West Africa can stop the worst locust invasion for 15 years destroying vital food supplies, Senegal #39;s President Abdoulaye Wade said Tuesday. | 0 |
US Consumers Anxious About Lack of Hiring (Reuters) Reuters - U.S. consumer confidence retreated in\August while Chicago-area business activity slowed, according\to reports on Tuesday that added to worries the economy's patch\of slow growth may last beyond the summer. | 2 |
Dollar Slumps After Weak U.S. Data (Reuters) Reuters - The dollar sagged on Tuesday as softer\U.S. data on Tuesday re-ignited worries that the world's\largest economy has yet to recover from its recent soft patch. | 2 |
France Enters Hostage Crisis Talks (AP) AP - France intensified efforts Tuesday to save the lives of two journalists held hostage in Iraq, and the Arab League said the militants' deadline for France to revoke a ban on Islamic headscarves in schools had been extended. | 0 |
U.N. Searches for Missing Aid Workers (AP) AP - U.N. workers searched by land and air Tuesday for eight Sudanese aid workers missing in rebel-controlled territory in the western Darfur region, officials said Tuesday. | 0 |
SCH bank says Abbey move will not dilute industrial holdings (AFP) AFP - Leading Spanish bank Santander Central Hispano said that its hoped-for acquisition of British home-loan specialist Abbey National would not require asset sales, adding there was as yet no counter-offer. | 2 |
Sikhs flock to Amritsar for Guru Granth Sahib anniversary (Reuters) Reuters - Hundreds of thousands of Sikhs congregated in the northern Indian city of Amritsar on Tuesday for the 400th anniversary celebration of the installation of the Sikh sacred book at the religion's holiest shrine. | 0 |
Apple Unveils New iMac at Paris Show The new model, unveiled at the opening of the Apple Expo in Paris, upgrades the iMac line with the faster G5 processors already used in Apple's top-end Power Macs. | 3 |
USTR to Comply After WTO Sanctions Threat WASHINGTON (Reuters) - The Bush administration said it would work with Congress to avoid U.S. exports being hit with potentially hundreds of millions of dollars in new sanctions approved on Tuesday by the World Trade Organization. | 2 |
WTO rules for EU in US trade row The World Trade Organisation gives the EU and seven countries the chance to impose sanctions in retaliation for a US anti-dumping law. | 2 |
Consumer confidence falls Consumer confidence, which had been on the rise since April, declined unexpectedly sharply in August, a private research group said Tuesday. | 2 |
OPEC: Group Doing All It Can To Stabilize Oil Prices OPEC President Purnomo Yusgiantoro highlighted the impact of the current high oil prices, saying the direct contribution of the increase in global oil prices to the economic slowdown | 2 |
Hollinger #39;s Black Victimized #39; Company, Report Says (Update1) Hollinger International Inc., publisher of the Chicago Sun-Times, said former Chief Executive Conrad Black and controlling shareholders victimized #39; #39; the company by transferring \$400 million of company funds to their own accounts. | 2 |
UPDATE 2-Veritas to buy e-mail archive company KVault Veritas Software Corp. (VRTS.O: Quote, Profile, Research) , the largest independent US storage software provider, will buy e-mail backup company KVault Software Ltd. | 2 |
Jewel-Osco impacted by Calif. strike Albertsons Inc., the No. 2 US grocer, Tuesday reported a substantial drop in its quarterly profit as heavy promotions to revive its Southern California sales after a strike bit into its profit. | 2 |
SM amp;A shares tumble after revenue warning Shares of SM amp;A (WINS.O: Quote, Profile, Research) tumbled more than 20 percent on Tuesday, a day after the consultant to defense companies warned that its third-quarter and 2004 revenue would fall short as political events in | 2 |
Investors squash units of Hot House Growers fund VANCOUVER - Investors sent units of Hot House Growers Income Fund down more than 35 per after the fund said it is suspending cash distributions. | 2 |
Apple unveils worlds thinnest desktop in Paris PARIS, Aug 31 (AFP) - Apple Computer launched here Tuesday the newest version of its iMac model, which at two inches (five centimeters) is the world #39;s thinnest desktop computer, the company said. | 3 |
Veritas to buy KVault Software in \$225m deal Veritas Software is to acquire email archiving firm KVault Software (KVS) to bolster its utility computing abilities. The traditional storage management giant will pay \$225m for KVS, which will be operate | 3 |
Novell has new face under Linux, identity services Editor #39;s Summary: Novell announced this week it has reorganized internally to better focus on two development areas: Linux and identity services. | 3 |
Open-source rival to Exchange released Netline Internet Service, an Olpe, Germany-based company that develops a competitor to Microsoft #39;s Exchange e-mail and collaboration server software, on Monday fulfilled a promise to release its product as open-source software. | 3 |
UPDATE 2-Manchester United held 0-0 by Everton Manchester United were denied three times by the woodwork as they were held on Monday to a 0-0 home draw by Everton, the club whose England striker Wayne Rooney they hope to sign before Tuesday #39;s transfer deadline. | 1 |
US, Iraqis Discuss Aid to Najaf, Baghdad BAGHDAD, Iraq Aug. 31, 2004 - US and Iraqi officials on Tuesday discussed ways to step up aid to Najaf and a war-battered neighborhood in Baghdad after rebel cleric Muqtada al-Sadr called on his followers to end their uprising. | 0 |
Cambodian Assembly Ratifies WTO Membership Cambodia has taken a major step into the international trading system, with the National Assembly approving membership in the World Trade Organization. | 0 |
Copernic Unleashes Desktop Search Tool Copernic Unleashes Desktop Search Tool\\Copernic Technologies Inc. today announced Copernic Desktop Search(TM) (CDS(TM)), "The Search Engine For Your PC (TM)." Copernic has used the experience gained from over 30 million downloads of its Windows-based Web search software to develop CDS, a desktop search product that users are saying is far ... | 3 |
State of Iraqi Oil Exports Unclear (AP) AP - The status of Iraq's crucial oil exports was mired in confusion Tuesday, with government and industry officials giving contradictory statements about whether oil was flowing or whether there were even oil tankers at the port here. | 0 |
Opera Lands on Windows Mobile (PC World) PC World - Alternative browser will be available on portable devices running Microsoft's OS. | 3 |
Hollinger Panel Says Owners Took Cash NEW YORK (Reuters) - Former Hollinger International Chief Executive Conrad Black and other former executives looted the company of more than \$400 million, using the company as a "piggy bank" to pay for private jets and club memberships, according to a report filed on Tuesday. | 2 |
Hungarian Hammer Thrower Annus Will Not Return Gold BUDAPEST (Reuters) - Hungarian hammer thrower Adrian Annus is refusing to give back his Olympic gold medal after being stripped of his title for failing to take a drugs test. | 1 |
Stocks Fall as Intel Update Awaited NEW YORK (Reuters) - Stocks fell on Tuesday as a sharp drop in U.S. consumer confidence in August stirred fresh doubt about the economy and analysts lowered revenue forecasts for technology bellwether Intel Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=INTC.O target=/stocks/quickinfo/fullquote">INTC.O</A> | 2 |
Crude Oil Little Changed After Falling on Rising Iraqi Output Crude oil futures were little changed after falling yesterday for the seventh day in eight as Iraqi exports rose and Russia said it would increase output this year. | 2 |
All Eyes on Tokyo In the battle between Bank of Tokyo-Mitsubishi (Tokyo, Yen 106 trillion in assets) and Sumitomo Mitsui Financial Group (Tokyo, Yen 94 trillion in assets) for UFJ (Tokyo, Yen 82 trillion in assets), the stakes include more than just UFJ #39;s assets. | 2 |
Consumers Anxious About Lack of Hiring US consumer confidence sank in August while Chicago-area business activity slowed, according to reports on Tuesday that added to worries the economy #39;s patch of sluggish growth may last beyond the summer. | 2 |
UPDATE 2-Forest says Alzheimer #39;s drug fails to meet goal Forest Laboratories Inc. (FRX.N: Quote, Profile, Research) on Tuesday said its experimental treatment for Alzheimer #39;s disease failed to prove effective in a large clinical trial, sending its shares lower in after-hours trading. | 2 |
Enron to begin US pipeline auction on Wednesday Enron Corp. (ENRNQ.PK: Quote, Profile, Research) begins the last major leg of its 2-1/2 year trip through bankruptcy on Wednesday when it kicks off an auction to sell its US gas pipelines, the company said. | 2 |
Ex-Amvescap chiefs fined \$3.34m for funds scandal Three former employees at fund manager Amvescap yesterday agreed to pay penalties totalling \$3.34m (1.9m) to settle charges relating to the US mutual funds scandal. | 2 |
UPDATE 3-Open Text profit weakens, stock down after hours Software maker Open Text Corp. (OTC.TO: Quote, Profile, Research) reported a weaker fourth-quarter profit on Tuesday and warned its current quarter will come | 2 |
Public Officials Question Bank Of America Job Cuts Rhode Island Gov. Don Carcieri has joined a chorus of public officials questioning whether Bank of America broke commitments by ordering job cuts after its acquisition of FleetBoston Financial Corp. | 2 |
Update 1: Six Flags Shares Up on Gates, Redskins Pressure from Microsoft chairman and shareholder Bill Gates over a sagging financial outlook and news that Washington Redskins owner Daniel Snyder has bought nearly 9 percent of Six Flags, Inc. | 2 |
Update 5: Schwab Sells Division to UBS for \$265M Backpedaling from a recent expansion, Charles Schwab Corp. is selling an institutional investment and research division to Swiss banking giant UBS AG for \$265 million, another step in the struggling stock brokerage #39;s push to regain its Main Street appeal. | 2 |
Hudson #39;s Bay Has Second-Quarter Loss as Sales Fizzle (Update3) Hudson #39;s Bay Co., Canada #39;s biggest department store chain, said it had its first second-quarter net loss in seven years as unseasonably cool weather damped demand for summer clothing. | 2 |
Nafta Backs Canada on Challenge of US Lumber Duties (Update2) The US may have to drop 27 percent duties on \$4.6 billion of Canadian lumber shipments after a trade tribunal ruled that the US lumber industry isn #39;t being harmed by imports from Canada. | 2 |
New planets in a class of their own: astronomers WASHINGTON - Astronomers in the US say they #39;ve discovered a new class of planets orbiting stars outside our solar system. The two quot;exoplanets quot; are small compared to earlier finds. | 3 |
The supercomputer that fits into a screen just two inches thin They used to fill entire floors of buildings and were so costly only governments or large companies could afford them. Yesterday, Apple Computer showed just how far technology | 3 |
Allchin on Longhorn: We #39;ve Had to Make Some Hard Trade-offs Jim Allchin, Microsoft group vice president for platforms, discussed Microsoft #39;s recent decisions on Windows quot;Longhorn quot; development in a recorded message for Microsoft #39;s Channel 9 that was | 3 |
Samsung Buys Into Digital Wallet Chips Samsung has ordered a chunk of Near Field Communication chips from Philips. Like DoCoMo #39;s FeliCa, these chips are primarily expected to be used in mobile banking applications, but can be used for tickets, electronic locks and more. | 3 |
Skype takes VoIP software to the Mac Skype launched a version of its Internet telephony package for Mac owners on Tuesday, as it battles a growing number of competitors offering VoIP products. | 3 |
Veritas to Buy E-Mail Company KVault Veritas Software Corp. (VRTS.O: Quote, Profile, Research) , the largest independent US storage software provider, said on Tuesday it will buy e-mail backup company KVault Software Ltd. | 3 |
AMD Shows Off Dual-Core Microprocessor It said it has demonstrated a working version of the technology based on its Opteron chip. By Darrell Dunn. The shift to dual-core microprocessors continues to accelerate. | 3 |
Fred L. Whipple, pioneer in comet research, dead at 97 CAMBRIDGE, Mass. A native of Red Oak, Iowa, who was a pioneer in astronomy who proposed the quot;dirty snowball quot; theory for the substance of comets, has died. | 3 |
US IT Spending to Grow 7 Next Year Consistent with the cyclical nature of IT spending, where periods of digestion and refinement follow periods of heavy technology investment, Forrester Research Inc. | 3 |
Copernic Desktop Search Takes Aim at Microsoft Privately held Copernic Technologies on Tuesday released free desktop search software ahead of expected offerings from Microsoft Corp. | 3 |
Thanks, Linux Is Linus Torvalds secretly working for Microsoft? That sounds crazy until you consider that lately, the free operating system he created, Linux, has been helping Microsoft close deals. | 3 |
Opera Browser To Be Available For Windows Mobile Norwegian browser vendor Opera Software said Tuesday it has developed a version of its browser for devices using the Microsoft Windows Mobile platform. | 3 |
FCC Appeals Cable Broadband Decision The Supreme Court is expected to review a decision by the Ninth Circuit Court of Appeals in San Francisco that ruled cable modem services should be regulated as a telecommunications service. | 3 |
Aruba brings Wi-Fi down from the ceiling AUGUST 31, 2004 (TECHWORLD.COM) - Aruba Wireless Networks Inc. yesterday unveiled a change of direction in its Wi-Fi systems. Instead of installing a limited number of wireless access points (AP) in the ceiling | 3 |
Miniscule atomic clock demonstrated in US Washington, Sept. 1. (UNI): Scientists at the US Commerce Department #39;s National Institute of Standards and Technology (NIST) are demonstrating the design of a new miniscule atomic clock that could be used | 3 |
Report Says IRS Software Program Isn #39;t Doing The Job The program, designed to let the agency detect and analyze cases of unauthorized access to taxpayer data, hasn #39;t worked correctly since the IRS took delivery in 2002. | 3 |
VeriSign Renews ICANN Fight in Cali Getting no traction at the federal level, VeriSign (Quote, Chart) lawyers took their case against the Internet Corporation for Assigned Names and Numbers (ICANN) to the state. | 3 |
Safin Suffers While Henin-Hardenne Survives A 15-year-old newcomer had defending champion Justine Henin-Hardenne on the run at the US Open Tuesday and an experienced campaigner put paid to former winner Marat Safin. | 1 |
China to delay work on some Olympic venues BEIJING - Days after the euphoria of its record gold medal haul in Athens, China announced a sobering plan to delay construction of some venues for the 2008 Olympics and confirmed plans to cut down the extravagant features of two main stadiums here. | 1 |
Ex-priest #39;s #39;stunt days over #39; The defrocked Irish priest who sabotaged the Olympic Marathon has vowed that his illegal stunt days are over. Cornelius Horan, 57, was given a one-year suspended sentence by a Greek court after attacking the | 1 |
Sweden Opens Hockey World Cup with Win Over Germany Toronto Maple Leafs captain Mats Sundin shone in Sweden #39;s opening 5-2 win over Germany at the World Cup of Hockey Tuesday, scoring once and providing two assists in a match with contrasting team tactics. | 1 |
Raiders #39; Woodson ends holdout CBC SPORTS ONLINE - Veteran cornerback Charles Woodson re-signed Tuesday with the Oakland Raiders, ending his lengthy holdout. Woodson, 27, inked a one-year contract reportedly worth \$8. | 1 |
knows what it takes When Michigan quarterback Matt Gutierrez talks about the formula that his alma mater, De La Salle High School, has used to win a startling 151 games in a row, he talks meat and potatoes. | 1 |
Report: Former captain might keep playing Former Carolina Hurricanes captain Ron Francis has turned down the team #39;s offer of a front-office job, according to a (Raleigh, NC) News amp; Observer report Tuesday. | 1 |
Israel Hunts for Militants After Twin Bus Bombings Israeli Prime Minister Ariel Sharon ordered the army to hunt down Palestinian militants after 16 people were killed in back-to-back suicide bombings by the militant Islamic Hamas group. | 0 |
Tribunal to Consider Defense Lawyer for Milosevic Former Yugoslav President Slobodan Milosevic wraps up the opening statement of his war crimes trial defense on Wednesday after launching a counterblast to charges of ethnic cleansing in the Balkans in the 1990s. | 0 |
Dogs of war? These men in shackles have been whipped into <b>...</b> Their wrists and feet shackled, the accused half-crawled, half-fell out of the high four-wheel-drives that had delivered them to a garish conference centre-turned courtroom in Equatorial Guinea #39;s capital. | 0 |
Putin casts jet crashes as terrorist bombings MOSCOW President Vladimir Putin said Tuesday that a claim by an Islamic extremist group to have downed two passenger airliners a week ago, if confirmed, would prove that the conflict spilling out of Chechnya was being fueled by international terrorist | 0 |
Taiwan cancels drill in goodwill gesture TAIPEI - Taiwanese President Chen Shui-bian has called off a major military exercise slated for Sept 9 in a goodwill gesture after China cancelled its drills, Taiwanese officials said yesterday. | 0 |
Iran Arrests Dozens on Suspicion of Spying on its Nukes Iran says it has arrested dozens of alleged spies, including several it accuses of sending nuclear secrets abroad to Iran #39;s enemies. | 0 |
US Seeks Quick UN Vote Warning Syria on Lebanon Washington on Tuesday swept aside objections from Beirut and called for a Security Council vote within days on a draft resolution to put pressure on Syria to respect Lebanese sovereignty. | 0 |
Foreign Office team to visit North Korea Britain is to send a minister for the first time to the reclusive communist state of North Korea to press for action over the issue of nuclear weaponry and to improve its human rights record. | 0 |
Chilean judge to question Pinochet SANTIAGO - A judge is to question former Chilean dictator Augusto Pinochet early next week about political killings during his iron-fisted rule, court sources said Tuesday. | 0 |
Manchester United Confirm Rooney Signing Manchester United is delighted to announce that it has finalised an agreement with Everton Football Club for the transfer of Wayne Rooney. | 1 |
Serena Williams unleashes leather-clad gladiators on court! LONDON: Soon the formal white skirts and tops which are a trademark for tennis, will give way to hep leather jackets, pleated gladiator-style minis and sexy knee-high boots, thanks to a new fashion range launched by tennis star Serena Williams. | 1 |
Seattle swaps veteran catcher to Twins SEATTLE -- Catcher Pat Borders, a 22-year major league veteran who #39;s spent four seasons with the Seattle Mariners organization, was traded to the Minnesota Twins on Tuesday. | 1 |
Astronomers Spot Smallest Planets Yet Aug. 31, 2004 - American astronomers say they have discovered the two smallest planets yet orbiting nearby stars, trumping a small planet discovery by European scientists five days ago and capping the latest | 3 |
Apple #39;s New iMac Is All Display Apple Computer (Quote, Chart) took the wraps off its new iMac family with a design that puts the entire computer into the flat-panel display. | 3 |
Veritas Software Buys Email Backup Firm Veritas Software Corp. , the leading storage software provider, said on Tuesday it agreed to acquire email backup company KVault Software Ltd. | 3 |
AMD Shows Off Dual Core Processor AMD took the wraps off its first ever x86 64-bit dual-core processor during demonstrations held at the company #39;s Austin facilities Tuesday. | 3 |
Panasonic and Toshiba Look to Establishing a Joint Venture to Make <b>...</b> Toshiba Corporation ( quot;Toshiba quot;) and lt; ahref= quot;http://matsushita.co.jp quot; target= quot;_new quot; gt;Matsushita Electric Industrial Co. | 3 |
New front: Recording of digital broadcasts Technologies that let people record satellite and Internet radio broadcasts digitally are opening a new front in the recording industry #39;s war on music piracy. | 3 |
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