THE federal government believes it will save more than $1 billion from IT and communications expenditure over the next four years.

(Telecompaper) Korean internet provider SK Broadband posed third quarter revenues of KRW 473.9 billion, up 5.8 percent from KRW 447.8 billion in Q3 2008. Revenues rose due to growth in broadband, voice and IPTV segments. However, the company posted an operating loss of KRW 40.9 billion and a net loss of KRW 59.3 billion due to increased operating expenses related with expansion of the subscriber base. In the third quarter last year, the company posted an operating profit of 2 million and a net loss of KRW 15.3 billion. EBITDA was KRW 61.8 billion, down 41.9 percent from KRW 106.5 billion in the year-ago quarter. SK Broadband added about 44,000 broadband subscribers during the quarter, bringing its total to 3.79 million (includes fibre, xDSL and cable). The company also added 290,000 VoIP customers to reach a total of 2.52 million, and added 120,000 IPTV subscribers. Furthermore, customers for the bundled product with SK telecom, T-band, went up by 138,000 during the quarter.

In a step to make the web a more powerful foundation for programs, google is releasing Closure Tools that it says produce faster, better code

The company has announced a new Mems accelerometer that is 1,000 times more sensitive than existing products on the market

(Telecompaper) Orange has launched mobile telecommunications services in the Republic of Armenia. Orange says investments in the launch of mobile operations in Armenia exceeded EUR 100 million. The operator will provide the expertise and investments necessary to develop a 2G and 3G+ network with nationwide coverage. Orange plans to expand its mobile network to over 80 percent of the Armenian population, including 500 towns and villages. The operator currently employs around 300 people in Armenia, while an additional 500 people are employed indirectly through suppliers and third-party retailers. Orange will initially offer services for both residential and business customers. The operator's services portfolio includes a complete catalogue of mobile and data offers, as well as a range of international tariffs, leveraging agreements with over 130 roaming partners worldwide. Orange also plans to introduce Apple's iPhone in Armenia in the coming months. The Orange customer Service is curren

Hedge fund managers, trading firm executives, lawyers, and corporate insiders thought they were safe using prepaid cell phones, but were caught through the FBI's surveillance system, which captured extremely damaging phone call transcripts.

A report recommends high-speed broadband with download speeds of up to 20 Mbps by 2015, and could be a model for a nationwide broadband plan.

Mozilla plans on rolling out Thunderbird 3, the newest version of its open-source e-mail application, in mid-November. The organization says its made some 2,000 improvements to the program. The larger new features include tabbed e-mail, filtered search and a one-click address book. Thunderbird 3 will be compatible with Windows, Mac OS X and Linux, and is built on the same Gecko 1.9.1 rendering platform as Firefox 3.1. The following slides illustrate some of the applications most notable improvements. - ...

According to an internal memo confirmed by a UBS spokesperson, Seth Weingram has joined the firm as Managing Director and Head of Equity Derivatives Strategy.

Powerful doctor and senior lobbying organizations Thursday endorsed the U.S. House healthcare reform bill.