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Business News
House passes housing bill; Bush lifts veto threat (Reuters)

Graphic fact file on US housing finance giants Fannie Mae and Freddie Mac, which were put under Federal Reserve oversight and given bigger credit lines. US Treasury Secretary Henry Paulson warned Tuesday that more time will be needed to get past the current financial turmoil and called for better regulation to prevent a recurrence.(AFP Graphic/Martin Megino/Gal/Js)Reuters - The House of Representatives passed a massive housing rescue bill on Wednesday while the White House dropped a threat to veto it, paving the way for measures aimed at shoring up the worst U.S. housing market since the Great Depression.


Amazon Q2 net profit doubles, sales up 41 percent (Reuters)
Reuters - Amazon.com Inc said on Wednesday quarterly net income doubled on a 41 percent rise in revenue, helped by higher operating profit margins.
Fed says price pressures gain, growth slackens (Reuters)

In this July 16, 2008 file photo, Federal Reserve Chairman Ben Bernanke testifies before the House Financial Services Committee hearing on Capitol Hill in Washington. The chairman's financial disclosure form, released Monday, July 18, 2008, showed his holdings last year were in no-fills investments, including U.S. Treasury securities, Canadian Treasury bonds, mutual funds and annuities. (AP Photo/Susan Walsh, file)Reuters - The United States faced increasing inflationary pressures in recent weeks amid slowing economic growth, the Federal Reserve said on Wednesday, as it described conditions in some areas as "grim," "morose" or "bleak."


Pulte Homes second-quarter loss narrows (Reuters)
Reuters - Pulte Homes Inc posted a smaller quarterly loss on Wednesday, but said buyer confidence remained shaky.
Wall Street rises on oil drop, housing plan optimism (Reuters)

People pass a Wachovia branch office on Tuesday, July 22, 2008 in New York. Wachovia Corp. reported a surprisingly large second-quarter loss Tuesday, deflating Wall Street's hopes that the nation's big banks are weathering the credit crisis well. The nation's fourth-largest bank by assets said it lost $8.86 billion. (AP Photo/Mark Lennihan)Reuters - Stocks rose on Wednesday as financial shares climbed on optimism about a rescue plan for mortgage finance companies Fannie Mae and Freddie Mac and as the price of oil fell.


Waiters pick up part of LongHorn's labor costs (AP)

A Longhorn Steakhouse restaurant is seen Monday, July 21, 2008, in Hamilton, N.J.  After Darden Restaurants Inc. bought LongHorn for $1.19 billion in October, it instituted what it calls 'a more disciplined' tip-sharing plan — a policy servers say is cutting their earnings.  (AP Photo/Mel Evans)AP - With the cost of everything from air conditioning to whipped cream rising, many restaurants have been raising prices. LongHorn Steakhouse is passing on part of the tab to its servers.


FXBear Video Converter 1
Windows Powerful video converter software which allows you to convert DIVX, XVID, MOV, FLV, MPEG-1, MPEG-2, MPEG-4, ASF and VOB. Do two-way conversions in batch mode for example; XVID to MPEG-1 and MPEG-1 to XVID. Choose from advanced settings in the video convert to compress your videos using the video & audio bitrate selector. Video Playback is also supported.F...
[License: Shareware, Rating: FXBear Video Converter, Operating system: Windows 2000,Windows XP,Windows Vista]
Luxe IPOD 3GP PSP MP4 Video Converter 6.0
Windows Luxe IPOD 3GP PSP PDA MP4 Video Converter is ideal software. With it strongest compatibility, which integrate almost popular Video to IPOD, Video to 3GP, Video to PSP, video to PDA, video to MP4 formats into one version WinX IPOD 3GP PSP PDA MP4 Video Converter enables you to convert AVI (DivX, XviD...), WMV/ASF, MOV (QuickTime), MPEG (MPEG-1, MPEG-2), MP...
[License: Shareware, Rating: Luxe IPOD 3GP PSP MP4 Video Converter 6.0, Operating system: Windows 2000,Windows XP]
MKV to AVI Converter 3.0.02
Windows MKV to AVI Converter can convert MKV to AVI file, convert MKV to DivX, convert MKV to xvid. MKV to AVI Converter is also an MKV converter, MKV splitter and MKV editor. It changes the frame size, frame rate, video compression codec and audio compression codec. The key features include: Encode AVI with DIVX, XVID, Windows Media Audio and Video Codec,...
[License: Shareware, Rating: MKV to AVI Converter 3.0.02, Operating system: Windows 2000,Windows XP]
Acala AVI DivX MPEG XviD VOB to PSP 2.4.5
Windows Acala AVI DivX MPEG XviD VOB to PSP Convert movie (avi, divx, xvid, mpg, mpeg, vob, vcd, svcd) to PSP movies. With this program, you are able to enjoy all favorite movies onto your PSP and watch them wherever and whenever you want. The one-click solution design make you be professional, regardless whether you have any basic media knowledge, you will be ab...
[License: Shareware, Rating: Acala AVI DivX MPEG XviD VOB to PSP, Operating system: Windows 2000,Windows XP,Windows Vista]
DVDPean Video 5.3.0
DVDPean Video 5.3.0 dvdPean Video is powerful DVD backup software which provides you new experience in dvd ripping with its fast ripping speed, wonderful output quality, full functionality, ease to use and multi-option. It helps you rip your DVDs to AVI(XVid,DivX), WMV, RMVB, MP4, FLV, MOV, 3GP, MPEG, VCD, SVCD files etc. Supports ripping by custom file size, as well as spli...
[License: Shareware, Rating: DVDPean Video, Operating system: Windows 2000,Windows XP]
Alive 3GP Video Converter 1.2.0.8
Alive 3GP Video Converter 1.2.0.8 Alive 3GP Video Converter is a 3GP converter to convert popular video to 3GP, 3G2, or MPEG-4. It supports converting DivX, XviD, MPEG, MOV, MPG, MOD, QickTime, MP4, 3G2, SWF, GIF, DV, MJPEG, VOB, WMV, ASF, AVI to 3GP, 3G2, or MPEG-4 video format for mobile phone and PDA.Alive 3GP Video Converter also allows you to convert various video to DivX, XviD, MPEG...
[License: Shareware, Rating: Alive 3GP Video Converter, Operating system: Windows 2000,Windows XP]
Alive MP4 Converter 1.6.2.2
Alive MP4 Converter 1.6.2.2 Alive MP4 Converter is a professional mp4 converter to convert popular video formats to MP4 (MPEG4). It can convert DivX, XviD, MPEG, MOV, MPG, MOD, QickTime, RM, rmvb, 3GP, 3G2, SWF, GIF, DV, MJPEG, VOB, WMV, ASF, AVI to MP4, such as AVI to MP4, MPEG to MP4.Alive MP4 Converter supports H.264 codec, and allows you to play the converted MP4 video on your p...
[License: Shareware, Rating: Alive MP4 Converter, Operating system: Windows 2000,Windows XP]
Alive Zune Video Converter 1.0.2.6
Alive Zune Video Converter 1.0.2.6 Alive Zune Video Converter is an all-in-one video converter to convert popular video to Zune or MPEG-4. It supports converting DivX, XviD, MPEG, MOV, MPG, MOD, QickTime, MP4, 3GP, 3G2, SWF, GIF, DV, MJPEG, VOB, WMV, ASF, AVI to Zune or MPEG-4 video format for Microsoft Zune.Alive Zune Video Converter also allows you to convert various video to DivX, XviD,...
[License: Shareware, Rating: Alive Zune Video Converter, Operating system: Windows 2000,Windows XP]
MPEG to AVI 3.0.0.162
Windows MPEG TO AVI can convert mpeg to avi file, convert mpg to avi. MPEG to avi is also a video converter, splitter and editor. It changes the frame size, frame rate, video compression codec and audio compression codec. The key features include: Encode AVI with DIVX, XVID, Windows Media Audio and Video Codec, DV Video Encoder, etc. Split video file into...
[License: Shareware, Rating: MPEG to AVI 3.0.0.162, Operating system: Windows 2000,Windows XP]
OGM to AVI Converter 3.0.0.171
Windows OGM to AVI Converter can convert OGM to AVI file, convert OGM to DivX, convert OGM to xvid. OGM to AVI Converter is also a video converter, video splitter and editor. It changes the frame size, frame rate, video compression codec and audio compression codec. The key features include: Encode AVI with DIVX, XVID, Windows Media Audio and Video Codec, D...
[License: Shareware, Rating: OGM to AVI Converter 3.0.0.171, Operating system: Windows 2000,Windows XP]
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Software News
Cisco to Buy Home-network Software Vendor (PC World)
PC World - Cisco announced plans to acquire Pure, a home networking software company, for $120 million.
Microsoft Opens Xbox 360 To Outside Game Creators (NewsFactor)
NewsFactor - Microsoft is opening the Xbox 360 to third-party software creators in a bold attempt to dramatically expand the number of games available on its platform. The goal is to give gaming aficionados far more choices than rivals Sony and Nintendo are offering.
DNS Security Flaw Leaked Before Patches Applied (NewsFactor)
NewsFactor - A major flaw in the Internet infrastructure was leaked to the public Monday before many IT directors had the chance to apply security patches. The flaw was discovered weeks ago by Dan Kaminsky, a security expert at IOActive, who has worked with industry leading software developers investigating Internet vulnerabilities.
Ubuntu founder urges Linux desktop to rival Apple (InfoWorld)
InfoWorld - Ubuntu Linux Founder Mark Shuttleworth urged development of a Linux desktop to rival what Apple has done in this space and aired a vision of software changing the world.
Design Flaws, Besides Vulnerabilities, Hurt Banking Sites (PC World)
PC World - Banking Web sites suffer from design flaws that can undermine their security exclusive of software vulnerabilities, according...
Forty Percent of U.S. Gamers Are Women (PC Magazine)
PC Magazine - The Entertainment Software Association (ESA) has completed its annual demographic study and the results are sure to cause a tizzy for a small segment of uninformed observers.