IT Service News

Federal Reserve Board Chairman Ben Bernanke speaks during a news conference June 19, 2013 at the Federal Reserve in Washington, DC.

Server Density, the London-based startup that hopes to give RightScale a run for its money, just added some cloud management capabilities to its existing monitoring features.

Speaking at a cloud computing panel on Wednesday, an Amazon executive said the company contacts customers when it gets government requests for data stored in Amazon Web Services and will help customers fight such requests.

Global telecommunications companies are chasing deals from Kansas to Munich in a quest for revenue growth that could lead to the biggest year for mergers in the industry since at least 2006.

A processor of Medicaid billing has expressed its concern about the new claims-payment system expected to go live in North Carolina on July 1. North Carolina's largest handler of Medicaid bills from private practices says it has "deep concern" over the transition in the state's claims system, which is supposed to go live July 1. The new system, ... (more)

A knockdown, drag-out brawl between WABC/Channel 7 weatherman Bill Evans and his estranged wife took a nasty turn when she scratched his testicles and bruised his backside with a coat hanger, the meteorologist claimed.

The market also got a boost from Softbank Corp, which soared after Dish Network Corp said it would abandon a bid for Sprint Nextel.

DeKalb CEO Burrell Ellis has been indicted by a DeKalb grand jury today on charges he illegally pressured contractors into giving him campaign contributions.

Paulett Eberhart is no shrinking violet. Brought in to turn the ship around at Philadelphia-based engineering and technology firm CDI, the executive told her team to be "brutally honest, but in a respectful way," even if they had to pound their fists on the table to get her attention.

Outsourcing firm iGate has been slapped with class action lawsuit in the US for alleged violations of federal securities laws in view of its sacked CEO Phaneesh Murthy's "improper relationship" with a subordinate employee.

AT&T Inc. has been losing ground to duopoly partner Verizon Communications Inc. in recent years.

Only vendor with both the ICSA Labs Intrusion Prevention System Certification and Enterprise Level Network Firewall Certification Helsinki, Finland -18 June 2013 - The cyber security expert Stonesoft has obtained the ICSA Labs Enterprise Firewall Certification for Stonesoft FW-315 appliance.

Verizon Communications Inc is looking to enter Canada's cellular telephone business, potentially fulfilling the government's hopes of having a fourth major wireless company, the Globe and Mail reported on Monday.

A day after getting Tata Group patriarch Ratan Tata as the chief advisor, AirAsia Group chief executive officer Tony Fernandes on Monday announced the name of Tata Consultancy Services vice-chairman S Ramadorai as the chairman of his proposed low-cost airline venture.

The FBI has used secret evidence obtained under the Foreign Intelligence Surveillance Act to prosecute at least 27 accused terrorists since 2007, according to a Reuters review of public records.

Sprint Nextel Corp on Monday said it has sued Dish Network Corp to block its tender offer for Clearwire Corp, on the eve of a key deadline in a takeover battle that also includes Japanese mobile carrier SoftBank Corp. The lawsuit filed on Monday in Delaware Chancery Court accuses Dish of trying to "fool" and "coerce" Clearwire shareholders into ... (more)

's stock had its "in-line" rating reiterated by Jefferies Group in a research note issued on Monday, AnalystRatingsNetwork reports.

Earthlink is transitioning from a standard ISP for 150,000 enterprises and 1 million consumers to a full-service IT and cloud services provider for middle-market customers.

Move over, iPhone. At France Telecom SA's flagship store facing Paris's Madeleine church, fancy handsets have been shoved aside by the TV remote control, once an unlikely candidate for star product.

Foreign banks are fuelling India's recent burst of overseas takeover bids, offering cheap U.S. dollar loans to corporates hungry to expand beyond their home state.