| Business News |
BCE buyers finalize funding
(Reuters)
 Reuters - The buyers of telecoms company BCE Inc
are sticking to the agreed C$42.75 per-share purchase price and
have delivered the funding documents needed for the deal to go
ahead, the company said on Friday.
|
Tax credit to save UBS from hefty loss
(Reuters)
 Reuters - Battered Swiss bank UBS said on Friday
it should be saved from another hefty loss in the second
quarter by a large tax credit, giving a much-needed though
short-lived boost to its share price.
|
World stocks slip again
(Reuters)
 Reuters - World stocks slipped back towards this
week's five-month low on Friday as steadying oil prices failed
to erase concerns about slowing economic growth and rising
inflation, and as banking stocks came under renewed pressure.
|
European banks need to raise up to $141 billion: Goldman
(Reuters)
 Reuters - Goldman Sachs said the European banks sector
needs to raise about 60 billion to 90 billion euros ($94 to
$141 billion), or withhold one year of dividends, to reach an
aggregate Tier I ratio of 9 percent -- a level achieved by
European banks that have recapitalized recently.
|
Kimmitt confident in economic fundamentals
(Reuters)
 Reuters - Deputy U.S. Treasury Secretary Robert
Kimmitt said on Friday he was confident about the United
States' economic fundamentals in the long term despite a
current rough patch and was quite optimistic about the future.
|
Kimmitt confident in economic fundamentals
(Reuters)
Reuters - Deputy U.S. Treasury Secretary Robert
Kimmitt said on Friday he was confident about the United
States' economic fundamentals in the long term despite a
current rough patch and was quite optimistic about the future.
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| Software News |
'Containers' Out Perform Virtualization For KV Pharmaceuticals
(TechWeb)
TechWeb - InformationWeek - With a container approach from Parallels' Virtuozzo, memory consumption and processor overhead are reduced through the use of one operating system per host.
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Nokia 6220 Smartphone Released
(TechWeb)
TechWeb - InformationWeek - The Nokia 6220 classic design includes 3G connectivity, compatibility with Microsoft Office applications, Bluetooth capabilities, and a 5-megapixel camera.
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Microsoft Hopes Office Subscription Plan Will Counter Free Software
(TechWeb)
TechWeb - InformationWeek - Microsoft is counting on Equipt's convenience factor to help it fend off threats from Google, IBM, and others that are offering free desktop productivity suites.
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Three Startups To Solve SaaS Integration Problems
(TechWeb)
TechWeb - InformationWeek - Boomi, SnapLogic, and Cast Iron are rolling out new offerings designed to help companies integrate software running in the cloud with onsite software.
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Blogger Opinion: Why We Left NetSuite
(NewsFactor)
NewsFactor - I first met our solution provider, Ray Tetlow, the founder of Skyytek, on the Oracle Small Business (OSB from now on) user forum. At the time we were struggling with version 7 of OSB. It was really incomplete and badly tested software. Not only was it painfully slow, but also a lot of the features on which we based our purchasing decision just did not work.
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Krugle enhances code search appliance
(InfoWorld)
InfoWorld - Krugle plans to ship next week an upgrade to its search appliance for enterprise software development projects, which makes it easier for teams of developers to maintain code.
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