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Accounting and Finance - Accounting News, Corporate Financial News
Top Finance IT News
With the Intel Nehalem chip on its way, Intel is cutting the prices of some of its high-end desktop processors and adding some chips into its lineup. The new Intel chips include the Intel Core 2 Quad Q9650 processor for high-end and gaming desktop PCs.
News
Sprint may have trouble selling Nextel's iDen wireless network. Sprint bought Nextel three years ago for $35 billion, but integration problems have cost it millions of customers, and the Nextel network's value is now $5 billion.
News
Google and Yahoo reveal some of the details about their search advertising agreement in an SEC filing filed Friday. No financial terms were disclosed and the filing is heavily redacted in an area that covers "other business opportunities."
News
ThinkPad maker Lenovo posted a 65 percent increase in first-quarter profits, but that was Lenovo's slowest growth in a year. Lenovo is dealing with not only a sluggish U.S. economy but also competition from HP, Dell and Acer.
News
Identity theft victims can seek restitution in federal courts, thanks to a cyber-crime bill passed unanimously by the U.S. Senate. The bill also increases cyber-crime penalties and adds cyber-extortion to the list of federal crimes.
News
The management shake-up continues at Motorola, with former Qualcomm COO Sanjay Jha taking over Motorola's struggling handset division. Motorola is expected to spin off its handset division as a separate, publicly traded company.
News
A deal to placate dissident activist Carl Icahn cooled down the annual shareholders' meeting considerably. Icahn will join the board soon and will also get two of his business pals to join him on the board in an effort to change the way the struggling media company does business.
News
Financial analysts expect Yahoo's management to get berated by disgruntled shareholders who feel Yahoo failed to act in its best interests. Beyond that, little else is expected to happen at the Yahoo meeting. New minority board member Carl Icahn, who unsuccessfully tried to broker a deal between Yahoo and Microsoft, is skipping the event.
News
Google Venture Capital? A Google VC? Search giant Google is reportedly considering creating a venture capital arm to scope out prospective investments and acquisitions, as Intel and other Silicon Valley companies have already done.
News
More than 400 U.S. government agency IT projects—worth an estimated $25 billion—are suffering from poor planning and are underperforming, the GAO says in a report. Sen. Tom Carper claims even projects that are performing well are repeatedly rebaselining to cover cost overruns.
News
Verizon sees strong quarterly profits thanks to wireless sales and enhanced margins. The improvements in those areas offset the continued decline in landline users for Verizon.
News
Sophos is looking to buy Utimaco for about $340 million. The move would bulk up the DLP and encryption areas for Sophos that rivals McAfee and Symantec both bolstered earlier this year.
Opinion
The tests used in a paper reported on last week were questionable back in 2006 when the data was collected. Today they are merely interesting, but not all that illustrative of reality.
News
AT&T reports gains in wireless revenues from a year ago, while in a continuing trend, wire-line revenue slumps again. iPhone 3G units continue to move briskly, with more than 700,000 sold in less than two weeks.
News
CFO Blake Jorgensen says Yahoo is not changing its outlook for fiscal 2008 despite a 19 percent revenue drop in the second quarter. With the latest failed Microsoft acquisition bid behind it, CEO Jerry Yang says Yahoo will continue to look at "transactions and/or financial options."
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Review: eProject PPM 6 provides broad project and portfolio management tools.
Review: Hosted applications provide the tools needed to manage complex projects.
Review: AtTask's namesake project management application provides an easy-to-use tool set for organizations that want to organize team-based projects.
Review: Money Premium 2007 is a quieter upgrade than some we've seen from Microsoft, but it's still a stellar personal finance manager.
Review: Quicken Premier blasts into 2007 with a new look and comprehensive home page, complementing its strong suite of personal-finance tools.
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