A deal has been struck between Microsoft and Yahoo for coordinating search efforts to increase market share and innovation. With Yahoo and Bing combining, they will now command 26% of US search volume. Google however controls 70% of US search volume. Steve Ballmer, Microsoft’s Chief Executive, stated that investors still don’t understand the deal that [...]

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Amazon announced its plan to acquire apparel and footwear retailer Zappos.com. Zappos.com ranked 3rd among online retailers last week within the “Apparel and Accessories” category. Compensation for the acquisition was decided on $807 million in Amazon stock, plus about $40 million in cash and restricted stock. Currently this deal is worth $900 million.

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In a recent report by Chitika, it was discovered that Bing users may be more likely to click on an ad than Google users. After studying the results of more than 32 million ad impressions ( within its network of 50,000 websites ) in a week during July, it was observed that Bing users will [...]

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Hackers have exploited a flaw in Microsoft’s Office software for Windows PCs. Microsoft is actively working on patching this flaw, but has yet to release a solution. One of the methods that cybercriminals have used to attack victims was to create websites that automatically load the malicious code unto the victim’s computer. Office XP, Office [...]

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Microsoft recently announced its worst fiscal year in the company’s history ( since 1986 ). The company’s revenue fell 17%, showing both a hit from the economic downturn and displaying other problems in its business. Full-year sales of Microsoft’s flagship Windows software fell for the first time.

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Broad indicators show that venture and entrepreneurial activity has stabilized and even my be moving upwards. Crunchbase data showed that 400 estimated new startups were created and a total $6.4 billion in new venture capital financings were present in the second Quarter.

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A Foxconn employee, 25 year-old Sun Danyong, allegedly committed suicide after losing an iPhone prototype. After the employee could not locate one of sixteen prototypes entrusted to his possession, a Foxconn manager ordered an immediate search and interrogation of that employee. Thursday at 3 AM, the employee jumped from his apartment window and ended his [...]

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The Homeland Open Security Technology (HOST) project, created and sponsored by the Department of Homeland Security, will help federal, state and local agencies better understand open source as an option for technology solutions. This project will start as a one year, 1.5 million dollar, contract and depending on the results may follow up with additional [...]

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The 1300 servers that manage the US Postal Service’s package tracking system will now run on Linux. The original system code was written in Cobol, and it has taken the better part of a year for the code to be updated for the Linux environment. It was less expensive for the Postal Service to convert [...]

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Red Hat Linux joins the S&P 500 and is the first Linux company to join this important measure of the stock market. Although this feat won’t directly impact Red Hat’s bottom line, it does show the growing importance of Linux on the world of business.

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