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Lost credit card: Fingerprint recognition cards, no more fraud

February 22, 2008  
Filed under Business, News

Lost credit card: Fingerprint recognition cards, no more fraud
If you have lost a credit card or ever misplaced one, your number one worry is for you to become the victim of fraud. However Swiss company AXSionics and Siemens have been in collaboration with Read more

Video: Toshiba president talks about their HD-DVD death

February 20, 2008  
Filed under Business, News

toshiba president video
You have got to watch this video, the video below shows the Toshiba President given a talk about their HD-DVD. I watched the video clip and must say feel a Read more

April Fools it is not: Toshiba buying Sony cell chip facilities for $835 million

February 20, 2008  
Filed under Business, News, Sony Playstation 3

Sony cell chip
What the hell! It seems things have got all official about Sony selling their cell chip facilities to Toshiba for a staggering $835 million, these manufacturing facilities that Sony are selling are the Read more

Dell acquires MessageOne email service in $155 million deal: Can they compete with Google?

February 13, 2008  
Filed under Business, News

Michael Dell
Strange or not in the world of weird acquisition’s Dell have just acquired MessageOne email service in a $155 million cash deal. What we cannot understand is that MessageOne was co-founded by and get this Read more

Two DAB Radio Stations to Close.

February 12, 2008  
Filed under Business, News

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It has been announced that two radio stations will no longer be on the air as they don’t have enough listeners. GCap media have said that they will be their two digital only radio stations who are Planet Rock and theJazz. Read more

Project Lifeline: Bank of America, Citigroup, Countrywide, JP Morgan, Washington Mutual & Wells Fargo

February 12, 2008  
Filed under Business, News

Project Lifeline
With the credit crunch hitting the U.S. hard, a collection of banks are getting together in “Project Lifeline” with the aim of helping US homeowners.

US house prices are getting depressed thanks to unsold homes and six major US banks are about to announce their plans to offer help to US homeowners with their mortgages Read more

Microsoft: purchase software company Danger

February 11, 2008  
Filed under Business, News

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It has been announced at the Mobile World Congress that Microsoft will be purchasing the software maker Danger. The company is behind the sidekick mobile telephone which is available on T-mobile in the Read more

Google: have they purchased Plaxo?

February 9, 2008  
Filed under Business, News

plaxo.jpg

There have been reports that Google has bought the online auto-updating contact service, Plaxo. It has been for sale for some time now and they have apparently been taking on the services of an investment back to help any deals which may go through. Read more

Should Microsoft pay more for Yahoo: top investor thinks so

February 9, 2008  
Filed under Business, News

Yahoo and Microsoft deal
Microsoft’s $44.6 billion bid for Yahoo a week ago was a good offer at a 60 percent premium, but a giant investment company that owns 11.4 percent of Yahoo wants the deal sweetened. Capital Research and Management wants to know how far Microsoft will go to buy Yahoo Read more

Sky+ Doing Well: But what do you really think about it?

February 6, 2008  
Filed under Business, News

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It has been found that over 3m people now have Sky+ and SkyHD has taken up the final quarter of last year. The growth in Sky+ customers rose by 16% which means that 3.13m people have Sky+ and there ere also 64,000 customers who have opted for the Read more

Rogue trader Jerome Kerviel breaks silence over Societe Generale £3.7bn alleged fraud

February 6, 2008  
Filed under Business, News

Jerome Kervie
Jerome Kerviel the rogue trader has breaks his silence over fraud, the alleged fraud that saw French bank Societe Generale lose £3.7bn. Kerviel, 31 admitted that he got carried away and said that he had been driven by personal ambition plus adding that the Read more

Is This The End For Motorola???

February 4, 2008  
Filed under Business, Cell Phones, News

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It seems as if Motorola is caving into the pressure that it is receiving from investor Carl Icahn, who recently called for the business to be sold after it was making a loss. Half of the revenue comes from Motorola’s phone division.

It has already been said by analysts Read more

Kindle Handheld Outreaching Expectations

February 3, 2008  
Filed under Business, News

amazon.jpg

The CEO of Amazon claims that the Kindle Handheld is doing really well. He has described the e-booker reader as “outpacing our expectations,” and that it is doing so well that they are facing Read more

Microsoft announce offer of $44.6 Billion for Yahoo: Is this a good idea?

February 1, 2008  
Filed under Business, Microsoft News, News

Microsoft Yahoo
Microsoft have just announced what was a rumor for a while a formal offer of $44.6 Billion for Yahoo, the proposal to Yahoo’s board of directors represents $31 per share which is a 62% premium over Read more

Banks & Finance Companies Cut Prime Interest Rate: is it enough?

January 31, 2008  
Filed under Business, News

cut prime rate
Following Roy’s report of the Federal Reserve’s rate cut of half a point to 3 pct, there is news breaking today of many banks and finance companies cutting their rates following the fed rate cut.

With Wachovia Corporation, Huntington Bancshares Incorporated, Dollar Bank, Northern Trust, Wells Fargo Bank and many more cutting rates, what does this mean for the economy? Read more

Fed Rate Cut By 0.5 pts, Federal Reserve Announcement Lowers Interest Rate to 3.0 pct

January 30, 2008  
Filed under Business, News

Federal Reserve Rate Cut

The Federal Reserve has just announced a Fed rate cut of half a point to 3 pct.

The announcement was made by Federal Reserve Chairman Ben Bernanke after the monthly Fed meeting due to increasing pressure caused by the meltdown in the stock markets across the globe Read more

Donald Trump Lawsuit: being sued for $4 billion: worth $2 billion less

January 30, 2008  
Filed under Business, News

Donald Trump Lawsuit
Donald Trump has a Lawsuit on his hands that is worth more than him, Nights at Vegas. Inc are suing Donald Trump for $4 billion and Read more

Nominet takes myspace.co.uk of owner: registered 6 years before MySpace existed

January 29, 2008  
Filed under Business, News

MySpace UK Domain
Nominet has taken the domain myspace.co.uk away from Total Web Solutions (TWS) and given it to MySpace, although the name was first registered 6 years before MySpace existed Read more

Palm set to close retail stores by the end of January

January 24, 2008  
Filed under Business, Cell Phones

Palm set to close retail stores by the end of January
It seems as if things are getting worse and not better for Palm as we now hear that they are to close all of their retail stores, except the ones at airport-based stores. According to Read more

£3.6bn stolen from French Bank Societe Generale: Trading in shares suspended

January 24, 2008  
Filed under Business, News

£3.6bn stolen from French Bank Societe Generale
Trading in shares has been suspended for the French bank Societe Generale following reports that a rogue trader stole a massive £3.6bn. Reports say that the management found that an internal fraud was Read more