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NBN Company board unveiled
THE federal government has unveiled the board members that will lead its ambitious $43 billion national broadband network project.
The Australian Thursday, August 06, 2009

Apple fixes hole with Mac OS X image viewing
The security update fixes problems with image handling and other issues that could allow an attacker to take control of a Mac using remote code execution
ZDNet UK Thursday, August 06, 2009

Google buys video compression firm On2
The search giant has said it plans to take On2's technology and make it part of the web platform
ZDNet UK Thursday, August 06, 2009

Deutsche Telekom revenues grow 7.4%, net profit up 19.4%
(Telecompaper) Deutsche Telekom's quarterly revenues grew by 7.4 percent year-on-year to EUR 16.24 billion in the second quarter, including EUR 1.5 billion in revenues from Greek telecommunications operator OTE. The adjusted EBITA grew by 8.4 percent to EUR 5.3 billion, including EUR 500 million generated by OTE. Deutsche Telekom's adjusted net profit grew by 19.4 percent year-on-year in the second quarter to EUR 756 million. The packet of measures initiated in April for the US, UK and Poland is beginning to take effect. Operating costs fell and the EBITDA margin rose in all three countries compared with the first quarter. Free cash flow stood at EUR 1.4 billion for the second quarter, 28.5 percent less than in the second quarter of 2008. The decrease in free cash flow is primarily attributable to the increase in capital expenditure for among others expanding the mobile network in the US and the DSL network in germany. Despite a high level of capital expenditure, the group also continu
DMeurope.com Thursday, August 06, 2009

Cisco sees 'positive signs' despite Q4 sales down 18%
(Telecompaper) Cisco reported revenues of USD 8.5 billion for its fiscal fourth quarter to 25 July, down 18 percent from a year earlier. Sales in the US fell 13 percent to USD 4.8 billion, revenues in Europe were down 19 percent to USD 1.7 billion, emerging markets sales declined 38 percent to USD 0.8 billion and Asia-Pacific sales were down 20 percent to USD 1.0 billion. Among customer groups, only consumers showed low single-digit growth in orders, while enterprise orders were still down around 30 percent and service provider orders were down in the high twentys. Net profit fell USD 1.1 billion or USD 0.19 per share, from USD 2.0 billion or USD 0.33 per share a year ago. Profits include a tax charge of USD 174 million or USD 0.03 per share and a charge for enhanced early retirement benefits of USD 138 million or USD 0.02 per share. Cash flow from operations was USD 2.0 billion, down from USD 3.5 billion a year ago, and Cisco finished the period with a total USD 35.0 billion in cash.
DMeurope.com Thursday, August 06, 2009

An Inside Look at the Obama Administration’s Road Map for Financial Regulatory Reform
The Obama plan would turn the Fed into a systemic risk regulator, push derivatives onto electronic platforms and force hedge funds to register with the SEC.
Financetech.com Thursday, August 06, 2009

Why it's still tough to find a good CIO
Tracking the recruiting trends for IT leaders
Silicon Thursday, August 06, 2009

Government Queries Goldman About Compensation
The U.S. government has queried Goldman Sachs about its compensation practices and credit derivative instruments, the firm said.
Financetech.com Thursday, August 06, 2009

News Corp may charge for Web news
Rupert Murdoch says he is unhappy with Amazon Kindle''s control of relationships with newspaper subscribers
Cyber India Online Limited Thursday, August 06, 2009

''The Sims'' creator eyes the world beyond games
Wright said good examples of ''ross-media''companies were George Lucas'' empire and the Walt Disney Company
Cyber India Online Limited Thursday, August 06, 2009

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