March 20, 2013
The CIA is on the verge of signing a cloud computing contract with Amazon, worth up to $600 million over 10 years, reports Frank Konkel at Federal Computer Week.
If the details about this deal are true, it could be a game-changer for the enterprise cloud market.
That’s because Amazon Web Services will help the CIA build a “private cloud” filled with technologies like big data, reports Konkel, citing [...]
Billionaire hedge funder John Paulson, who famously bet against the subprime housing market, is reportedly weighing a move to Puerto Rico to take advantage of a new tax law there, Bloomberg News reported citing unnamed sources familiar with his plans.
According to Bloomberg News, the new law makes it so new residents pay no local or U.S. federal taxes on capital gains.
The law firm of Adsuar Muniz Goyco Seda & Perez-Ochoa has a breakdown of the new tax law.
On January 17, [...]
The Chinese government is planning to increase the country’s budget deficit by 50 percent in 2013, China business News reported Thursday, citing unnamed sources.
As a result, the deficit will balloon to CNY 1.2 trillion from an estimated CNY 800 billion this year.
AllThingsD and CNET are reporting that 30 percent of AMD’s workforce could be laid off, though one of several unnamed sources notes the cuts could be as low as 10 percent. If these reports hold true, this would be the second round of layoffs for AMD within a year’s time….
General Motors is halting, for a month, the manufacture of its well-known Chevrolet Volt extended-range electric car.
Automotive News, citing unnamed sources, reports the Detroit-Hamtramck plant will suspend production from Sept. 17 until Oct. 15.
Leaders of the UAW told the plant’s 1,500 union workers about the scheduled downtime last week, the source said.
Update: All 28 NATO Allies will meet Tuesday following Turkey’s request under article 4 of the Washington Treaty
And so the escalation-cum-provocation-cum false flag is complete. There was a time when shooting down a foreign jet over one’s territory was considered self-defense. But not when the one doing the defending is perpetual media bogeyman Syria, which “unnamed sources say” kills hundreds, nay thousands of its own people daily, usually in round, soundbitey numbers. Of [...]
Best Buy CEO Brian Dunn abruptly quit his job after the board of directors allegedly began investigating him for having an inappropriate relationship with a female employee.
The Minneapolis Star-Tribune, citing unnamed sources, reported that Best Buy was examining whether Dunn used company resources to help carry out that relationship.
The nation’s largest electronics retailer wouldn’t confirm the report, but would not deny it, either. The newspaper could not reach Dunn, 50, [...]
Storage start-up turned down offer from Apple
Company valued at $4 billion
Bono and The Edge are well-known tech investors who have made money from Facebook and Yelp
Online storage start-up Dropbox has some high-profile support – U2′s Bono and The Edge have invested in the company.
The stars are well-known technology investors and owners of a company, Elevation Partners, which has invested in companies such as Yelp.
The private equity firm will reap an [...]
Justice Department could halt price deal which prevented Amazon discounting
Deal between Apple and five publishers
Ebook prices risen up to 50% in last two years
Book prices on Amazon’s Kindle and other e-readers could tumble after a deal in a major price-fixing case is reportedly ‘close’
Book prices on Amazon’s Kindle and other e-readers could tumble after a deal in a major price-fixing case is said to be ‘close’.
America’s Justice Department is in [...]
Semantic search’ answers questions in search box
Similar to Microsoft’s second-placed Bing
Google has built up an ‘encyclopedia’ of 200 million people, places and products, and will deliver that information through Search
‘Speeded-up’ search will help users on smartphones
Google search will soon do more than simply hunt down words – instead, it will ‘answer questions’ in a drastic makeover for the search engine.
Within months, Google searches will no longer throw up a simple [...]
By Erin Ailworth, Globe Staff
Friendly’s, the restaurant chain known for its ice cream, is considering a potential bankruptcy reorganization and sale, according to a published report.
The Wall Street Journal reported today on its web site that Friendly Ice Cream Corp. of Wilbraham could seek Chapter 11 protection from creditors as early as next week, and could then try to sell itself through [...]
From ABC News:
Sarah Palin’s family attorney John Tiemessen has written a letter to Maya Mavjee, the publisher of the Crown Publishing Group, a division of Random House, that Palin may sue her, the company, and the book’s author Joe McGinniss “for knowingly publishing false statements” in his book released last week, “The Rogue,” ABC News has learned.
The book was widely panned by critics for using [...]
Brundtland, who led three Labour Party governments in the 1980s and 1990s and is often called “mother of the nation”, gave a speech on the island the day of the slaughter and left before Anders Behring Breivik arrived.
“Anders Behring Breivik had plans to come to Utoeya (island) while Gro Harlem Brundtland was visiting on Friday, but claims under [...]
In the last few days, Obama administration officials have frequently faced the question: Is the fighting in Libya a war? From military officers to White House spokesmen up to the president himself, the answer is no. But that leaves the question: What is it?
In a briefing on board Air Force One Wednesday, deputy national security adviser Ben Rhodes took a crack at an answer. “I think [...]