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IT Service News

IT Services news continually updated from thousands of sources around the net.

1 hr ago | Reuters

U.S. online jeweler Blue Nile experiments with brick and mortar

Diamond rings on display at Nordstrom's flagship Seattle store are not for sale.


Related Topix: Blue Nile, Amazon, Audible, Media, Garden City, NY

5 hrs ago | Reuters

U.S. regulator questions Verizon plan to slow data speeds for some

The top U.S. telecommunications regulator said on Wednesday he is "deeply troubled" by Verizon Communications Inc's plan to slow data downloads for some high-speed wireless customers remaining on the older unlimited data plans.


Related Topix: Verizon Communications, Telecom, Internet Service Providers

6 hrs ago | The Verona-Cedar Grove Times

Obamacare web cost approaches $1 billion as fixes still needed

The price tag for, the Obamacare website, is approaching $1 billion even as key features remain incomplete, congressional auditors said.


Related Topix: US Politics, Fred Upton, US News, Republican, US House of Representatives, Computers, CGI Group

6 hrs ago | Brandon Sun

MDA reports second-quarter profit and revenue up from year ago mark

MacDonald, Dettwiler and Associates Ltd. said Wednesday it earned $36.5 million in the second quarter, up from $31.1 million a year earlier, as revenue grew by more than 20 per cent.


Related Topix: Aerospace-Defense, Computers, MacDonald, Dettwiler and Associates, Retail, Household Products, Media Arts Group

8 hrs ago | Reuters

UPDATE 3-Thomson Reuters reports better-than-expected profit

News and information company Thomson Reuters Corp on Wednesday reported a higher-than-expected quarterly profit on a 1 percent rise in revenue, boosted by growth in its Tax & Accounting and Legal divisions.


Related Topix: Media, Medicine, Reuters, Triad Hospitals, Computers, Hospital Administration, Healthcare Industry, Thomson, Startups, Publishing, IGN Entertainment, Ottaway Newspapers, Digital Journal

8 hrs ago | GigaOM

Different quarter, same story: Sprint customers flee as network construction grinds on

Sprint suffered another big subscriber loss last quarter as both prepaid and postpaid customers departed.


Related Topix: Sprint Nextel, Telecom

12 hrs ago | Business Journal

Shares in Atlantic Tele-Network Inc. up on Q2 revenue, earnings growth

Michael Prior is CEO of Beverly-based Atlantic Tele-Network, which beat analyst estimates for the second quarter 2014.


Related Topix: Atlantic TeleNetwork, Telecom, Atlantic Tele-Network

12 hrs ago | Brandon Sun

Thomson Reuters reports Q2 profit up from year ago, revenue holds steady

Thomson Reuters said Wednesday it earned a profit of $249 million or 31 cents per share for the quarter ended June 30 compared with a profit of $248 million or 30 cents per share a year ago.


Related Topix: Media, Medicine, Triad Hospitals, Computers, Hospital Administration, Healthcare Industry, Thomson

15 hrs ago | Business Journal

No special glasses needed: Amazon launches 3-D products store will sell you a bobblehead in your own image from its new 3-D products store.


Related Topix: Amazon, Media, Audible

16 hrs ago | The Washington Post

Verizon responds to my blog posts on the foreign e-mail case

I have blogged twice about a fascinating case, currently pending in federal court in New York, on whether the federal government can use a warrant to compel Microsoft to disclose the contents of e-mail that Microsoft has stored on a server outside the U.S. The case has drawn a surprising amount of press attention, including a New York Times ... (more)


Related Topix: Verizon Communications, Telecom, Verizon, Prison, Publishing, Media, New Times, Advanced Solutions International, Terremark Worldwide, Software

Tue Jul 29, 2014

Wall Street ends down

US stocks fell on Tuesday, dropping in a broad selloff as a weak outlook from courier company UPS weighed on sentiment and pressured transportation stocks.


Related Topix: Financial Markets, Trucking, United Parcel Service, Air Courier, Transportation, Expedited Group, The Dow Company, Hospital Administration, Thomson, Media, Medicine, Triad Hospitals, Computers, Healthcare Industry

CBS Local

'Terminator: Genesis' Filming at Oracle Headquarters

The latest installment of the widely popular "Terminator" series of films, "Terminator: Genesis" will be filming scenes at Oracle Headquarters in Redwood City.


Related Topix: Phase Forward, Startups, Telecom, WorldCom, Pillar Data Systems, Hyperion Solutions, Oracle Corporation, Software

Contra Costa Times

Larry Ellison and other Oracle bosses see smaller stock-option grants

Under fire from investors over how much it pays its top brass, technology giant Oracle appears to have slashed by more than half the annual stock-options it awards CEO Larry Ellison and some of its other executives.


Related Topix: Phase Forward, Startups, Telecom, WorldCom, Pillar Data Systems, Hyperion Solutions, Oracle Corporation, Software, Lawrence Ellison

Business Journal

Oracle downsizes Larry Ellison's stock-option grants

Oracle has sliced in half the stock-option grants it awards CEO Larry Ellison nearly one year after shareholders caused an uproar over his compensation.


Related Topix: Startups, Oracle Corporation, Phase Forward, Telecom, WorldCom, Pillar Data Systems, Hyperion Solutions, Software, Lawrence Ellison

MSN Money

Sprint, T-Mobile merger not expected before September: sources

The long-anticipated merger of Sprint Corp and T-Mobile US Inc is not expected to occur before September, with the companies continuing due diligence and preparing a detailed case for a deal before U.S. regulators, according to people familiar with the matter.


Related Topix: T-Mobile, Sprint Nextel, Telecom, Deutsche Telekom AG, SoftBank, Financial Services, Investment Services, Business News, Federal Communications Commission, AT&T


Rackspace joins Vormetric Cloud Partner Program

Web-hosting company Rackspace is joining the Vormetric Cloud Partner Program, with plans to utilize encryption and key management services from Vormetric's Transparent Encryption solution.


Related Topix: Rackspace, Telecom, Vormetric, Startups

The Washington Post

Amazon adds a YouTube-like a oeVideo Shortsa section that turns video... Inc. logos are displayed on laptop computers in Washington, D.C. in this 2013 file photo.


Related Topix: Amazon, Laptops/Notebooks, Computers, Media, Audible, Emerging Technology, Search Engines, Science / Technology

Russia Taday

FISA court judges buying Verizon stock as they approve NSA surveillance

Traders work at the post where Verizon is traded on the floor of the New York Stock Exchange Judges who serve on the FISA court, approving the government's collection of phone metadata, have bought Verizon stock in the last year.


Related Topix: Verizon Communications, Telecom, Verizon, Prison, Criminal Defense Law, Law

Mon Jul 28, 2014

Comcast disinformation campaign squashed municipal fiber effort

In late 2004, a trio of small cities in Illinois were preparing to vote on what would amount to a municipal fiber Internet offering, something that would have undercut both Comcast and AT&T-owned SBC Communications.


Related Topix: Cable & Satellite, Comcast, Illinois, Telecom, SBC Communication

Wipro sets up $100-mn VC fund to invest in start-ups

According to highly-placed sources in the know, the initiative is being driven by Chief Strategy Officer Rishad Premji, also the elder son of Wipro chairman Azim Premji.


Related Topix: Computers, Wipro, Wipro Technologies, Venture Capital, Emerging Technology


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