News: Business & Finance

• AOL looks to slash staff by a third
  Juan Carlos Perez
  Nov 19 2009

  AOL, which will be spun off from parent company Time Warner next month, wants to cut its staff by about a third, and is giving employees a chance to volunteer to join the ranks of the unemployed.AOL ...

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• Finding a buyer for your start-up
  John Ovrom
  Nov 19 2009

  (Editor’s note: John Ovrom founder and CEO of Exit and Answers, a social community for entrepreneurs looking to sell their company. The story originally appeared on his blog.) Entrepreneurs ...

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• Reports: Computer gllitch causes flight delays in U.S.
  Computerworld staff
  Nov 19 2009

  A computer system used by airline pilots to file flight plans in the U.S. was not working properly this morning, according to news reports by CNN and ABC News. The problem reportedly caused some air ...

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• 5 O’clock Roundup: Office web app impressions, AT&T’s legal skirmish with Verizon
  Anthony Ha
  Nov 18 2009

  Here’s the latest action: Microsoft releases beta test downloads of Office 2010 — This is basically the first time the public has a chance to play with the much-vaunted web application ...

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• Singapore takes stake in China's Shanda Games
  Sumner Lemon
  Nov 18 2009

  The Government of Singapore Investment Corp. (GIC), a sovereign wealth fund, has taken a sizable stake in Shanda Games, an online gaming spin-off of China's Shanda Interactive Entertainment. GIC ...

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• GreenBeat: Brace yourselves, electricity prices will rise over next 10-30 years, Duke CEO Jim Rogers says
  Camille Ricketts
  Nov 18 2009

  “In the last 50 years, electricity prices have been flat — in the next 10 to 30, the price of electricity is going to rise,” said Duke Energy CEO Jim Rogers in conversation with ...

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• GreenBeat: Accenture’s Sharon Allan says U.S. needs to play catch-up in cleantech
  Camille Ricketts
  Nov 18 2009

  Sharon Allan, leader of Accenture’s North America Smart Grid practice, took the stage at GreenBeat2009 to present results to the firm’s survey on attitudes toward and responses to ...

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• Federal government using PS3 to crack pedophile passwords
  Alex Wawro
  Nov 18 2009

  Federal officials have put the PS3 to work breaking passwords on computer equipment confiscated from suspected child pornographers. according to a story released on the Scripps Howard Foundation ...

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• Gartner: Asia Pacific IT spending to make V-shaped rebound
  Computerworld Hong Kong staff
  Nov 18 2009

  The IT industry is exiting its worst year ever both globally and in Asia Pacific, said Gartner Tuesday. In Asia Pacific, IT spending is expected to grow by 5 percent to reach US$515.6 billion in ...

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• 'Angry' EDS staff voting on strike action
  Leo King
  Nov 18 2009

  Staff at EDS, who are now employed by HP, are voting in a strike ballot as they express their "anger" over upcoming job losses. Most of the 1,000 staff, who are members of the PCS union, work on a ...

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