New Gift Card Rules from Credit CARD Act

Business

New Gift Card Rules from Credit CARD Act

No Comments 17 September 2010

The new Credit CARD Act may make gift card receiving and giving a much more appealing thing. This is because of a new regulation which is, if more than anything, only good news for people who wish to apply for a credit card starting this day. These rules will apply to single stores and gift [...]

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Intel Purchases McAfee for Security

Business

Intel Purchases McAfee for Security

No Comments 06 September 2010

The most popular chip maker in the United States and arguably around the world, Intel Corp, plans to buy McAfee for 7.7 billion dollars. McAfee is one of the most popular antivirus software companies, and Intel’s acquisition of the company reveals its plans to improve its defenses against viruses and hacking. This is a move [...]

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General Motors Plans to Sell Stocks to Ease Government Hold

Business

General Motors Plans to Sell Stocks to Ease Government Hold

No Comments 04 September 2010

General Motors was in a very unwanted position about a year and a month ago, when it was battling against bankruptcy, and fighting at a bankruptcy court to remain an active corporation. Now, General Motors is promising to be back to life again. It plans to sell stocks for the first time in 13 months, [...]

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McAfee Intel Deal May Put Pressure on Symantec

Business

McAfee Intel Deal May Put Pressure on Symantec

No Comments 02 September 2010

The acquisition of McAfee Incorporated by Intel may pressure Symantec Corp to create technologies to help corporate computers deal with hackers. In order to do this Symantec might have to merge with other companies as well so that it will remain in the competition. The deal which was made yesterday is taken by some as [...]

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Homebuilder Confidence Drops for the Third Straight Month

Business

Homebuilder Confidence Drops for the Third Straight Month

No Comments 18 August 2010

The confidence of Homebuilders dropped for the third straight month as the economy of the United States is still unstable and a lot of houses are foreclosed. These factors have kept a lot of people from purchasing new houses. According to the National Association of Home Builders, the monthly index, which is seasonally adjusted is [...]

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HP Purchases Fortify Software to Improve Security Story

Business

HP Purchases Fortify Software to Improve Security Story

No Comments 18 August 2010

A security firm called Fortify Software is bought by Hewlett Packard. The HP company hopes that this purchase will strengthen their application security. Hewlett Packard will send out a third quarter report later this week, and it will probably include the purchase, but for now, they did not disclose any amount as to how much [...]

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Mark Hurd’s Ousting a Lesson on Valuing Expense Accounts

Business

Mark Hurd’s Ousting a Lesson on Valuing Expense Accounts

No Comments 18 August 2010

The ousting of Chief Executive Officer Mark Hurd from Hewlett-Packard Inc is a wake up call to all employers and employees from all levels. That is, expense accounts are very important and no form of report tampering should be tolerated. It can be remembered that Mark Hurd was ousted because he lied about his expense [...]

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Oracle Sues Google on Java Copyright Infringements

Business

Oracle Sues Google on Java Copyright Infringements

No Comments 18 August 2010

Oracle sues Google for patent and copyright infringement over the Android phone software, regarding its use of Java. According to Karen Tillman, who is a spokeswoman for Oracle, Google has repeatedly used Java in developing Android, in a manner that has violated copyright laws. Tillman also added that Google is aware that they are doing [...]

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Second Highest Number of Repossessed Homes in the U.S. for July

Business

Second Highest Number of Repossessed Homes in the U.S. for July

No Comments 18 August 2010

This month saw the second most number of Americans facing foreclosures ever, fueled by a job market that is uncertain and unstable, allowing banks to take over a lot of homes at a relatively small amount of time. The instability of the job market has resulted in home owners unable to pay for the homes, [...]

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Intel Corporation and FTC Settle Agreement

Business

Intel Corporation and FTC Settle Agreement

No Comments 10 August 2010

The FTC or Federal Trade Commission and Intel Corporation have settled on an agreement after the Federal Agency filed a lawsuit to Intel, stating that Intel is using anticompetitive practices while making business in the market of semiconductors. The agreement led to Intel no longer allowed doing certain practices which would give it certain advantages [...]

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