Archive for July, 2010
The price wars concerning the Amazon Kindle and other up and coming ebook readers is still in motion, and there is a lot of debate as to who will come up as the winner of this fierce battle. The dropping of the price for Amazon’s new Wi-Fi only Kindle to a low price of $139 [...]
A vulnerability that was found to affect all versions of Windows, has forced the company to play its hand and release a patch on Monday, August 2nd. The emergency patch will help to address the issues of zero-day vulnerabilities in shortcuts. According to the Microsoft Malware Protection Center (MMPC), attempts to exploit the vulnerability are [...]
Though the news is not new that Microsoft is planning to introduce a unique tablet of its own and enter the fray of recent competitors that are attempting to go against the iPad, the results of the product are the subject of much debate. Although it seems that CEO Steve Ballmer is looking forward to [...]
The iPad has gained a lot of popularity with its release, but that’s not all its getting. With the strong success of the iPad, competitors are entering the fray one by one, and the latest competitor is Blackberry Maker, Research in Motion. According to reports, RIM will be launching its own BlackPad, a strong competitor [...]
In order to reimburse the legal fees of media groups that sued Florida State University and National Collegiate Athletic Association, a sum of $325,000 is to be paid. FSU and NCAA got into trouble for attempting to block the release of documents related to an athletic cheating scandal. FSU has agreed to pay $65,000 whereas [...]
Of the various homeowners who are in possession of a home loan from JP Morgan Chase, it is understandable that they are needing assistance concerning their mortgages. However, homeowners who have been hopeful of the help might have been surprised at the results of the home loan modification cancellations by lenders. Though the initial speculation [...]
With the ongoing trend of the economic downturn, it understandable that Americans would look at the scenario in a negative light, even though the state of the economy might actually be getting better. In a poll conducted by Fox News that was released on Friday, confidence that the state of the economy and employment would [...]
In order to boost foreign investment in real-estate in the United Sates, a bill was passed by the House on Friday, and it went through quite smoothly. The voting went 402-11, with only one Democrat and 10 Republicans going against the grain. The bill was first introduced by Rep. Joseph Crowley, and the aim for [...]
The McClatchy Co, parent company of the Miami Herald, suffered an 83% drop in profits compared to previous results for the second quarter. The newspaper publishing company had to put up with higher costs on debt in order to recover from a prominent ad slump. According to McClatchy CEO, Gary Pruitt, “While the economic recovery [...]
With the use of mortgages amounting from sixteen failed banks, the Federal Deposit Insurance Corp. managed to close $409m securitization. A wide variety of different organizations made up the bulk of the investors in this case, and the result is the first time in this financial crisis that the FDIC has sold assets in securitization. [...]