Technology: Page 34
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Why Danny Ocean Won’t Go Back to the Bellagio
Although director Steven Soderbergh went to the well for a third time to film Danny Ocean and his gang pulling off a casino heist, he chose not to return to shoot “Ocean’s Thirteen” at real casinos. Instead, unlike “Ocean’s Eleven” and “Ocean’s Twelve,” which were both filmed at a variety of casi...
By Cheryl Rosen • June 11, 2007 -
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For Road Warriors, Lightening Strikes Again
Ah, the never-ending fascination with miniaturization: Nanotechnology. Quantum physics. The Mini Cooper.Portable computers keep getting smaller, too, although the terminology used to describe them keeps expanding. First came laptops, then notebooks, soon followed by subnotebooks. These days, ultr...
By John Goff • June 1, 2007 -
Explore the Trendline➔
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TrendlineThe CFO Strategy for Artificial Intelligence
Artificial intelligence’s impact on the office of the CFO continues to evolve, and finance chiefs must be aware of the opportunities it will create for growth.
By CFO.com staff -
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Now Playing on YouTube: Microsoft Excel
Cute pets, outrageous stunts, off-key singers, and comedy-show clips are all YouTube staples. So, surprisingly enough, are dozens of Microsoft Excel videos.That’s right, the same Web service that brings you waterskiing squirrels and tap-dancing monks can help you use your spreadsheet software mor...
By John Edwards • May 25, 2007 -
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A Big Leap for Web Conferencing?
Cisco Systems’s $3.2 billion purchase of Web-conferencing leader WebEx was more than just another deal for the acquisition-mad networking giant. In shelling out so much for an established Web-services firm, Cisco made it clear that it intends to move beyond its base in networking hardware and tak...
By Laura DeMars • May 18, 2007 -
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SAP to Acquire OutlookSoft
In a move that further consolidates the performance management software industry, German software giant SAP announced Tuesday that it would acquire Stamford, Connecticut-based OutlookSoft, a provider of budgeting, forecasting, and consolidation software.“OutlookSoft completes another key componen...
By Tim Reason • May 9, 2007 -
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A Battle at the Checkout
In his celebrated book, “The PayPal Wars”, Eric Jackson described how in its early years the internet firm had to battle crotchety regulators, identity thieves, volatile markets, scrappy rivals and even scheming Mafiosi. It has since gone on to become the undisputed master of online-payments proc...
By Economist Staff • May 8, 2007 -
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Insider Raiding
Despite all the attention given to filched credit-card numbers and other damage wrought by computer hackers, a new University of Washington study puts hard numbers to what security experts have long claimed: you have more to fear from insiders than from outsiders.The study looked at almost 600 in...
By Scott Leibs • May 8, 2007 -
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Going Away
Frank Cocuzza’s first visit to an outsourcing vendor in India seven years ago left him intrigued but not ready to jump. “Nice story,” the senior vice president of finance for Penske Truck Leasing Co. recalls thinking. “But we weren’t going to trade our processes for a nice story.” Eighteen months...
By Randy Myers • May 1, 2007 -
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Multifunction Junction
Talk about a paper jam: two years ago, power producer Progress Energy was up to its smokestacks in office machinery. The Raleigh, North Carolina, company deployed nearly 2,700 printers, copiers, scanners, and fax machines in more than 200 sites in Florida and the Carolinas. That worked out to abo...
By Esther Shein • May 1, 2007 -
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Nerve-center Fusion
Walk into a room, any room, and it speaks to you. This is an emotive response, entirely in your imagination, but it’s palpable, and architects take it very seriously. That response can have a profound effect on social interactions. Work in an open, well-designed space and you may find that you wa...
By Tom Leander • April 30, 2007 -
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Business Objects to Buy Cartesis
Consolidation of business software for the finance department continued Monday as Business Objects announced that it will buy privately-held Cartesis S.A. for $300 million.Business Objects is a provider of business intelligence software while Cartesisspecializes in enterprise performance manageme...
By Stephen Taub • April 23, 2007 -
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From GooTube to GoogleClick
Another month, another string of victories for Google, the internet’s emerging superpower. With the most popular search engine and the most efficient system for placing text advertisements alongside the results, Google already dominates the lucrative market for “paid search” advertising (where ad...
By Economist Staff • April 20, 2007 -
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XBRL Traffic Picks Up Speed
Traffic is picking up on the Security and Exchange Commission’s pilot interactive data program. Since its foray into XBRL (extensible business reporting language) four months ago, the SEC has had more than 10,000 visits to its Website’s trial viewer and users have reviewed more than 500,000 finan...
By Alan Rappeport • April 13, 2007 -
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Hungry Tiger, Dancing Elephant
Last June IBM held its annual investors’ day in the grounds of the Bangalore Palace, a fake Windsor Castle in India’s equivalent of Silicon Valley. Big Blue pulled out all the stops to impress the 50 or so investors and Wall Street analysts who turned up, gathering 10,000 employees to hear speech...
By Economist Staff • April 9, 2007 -
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GAO Says SEC Must Tighten Data Security
Who regulates the regulator? When it comes to keeping sensitive Securities and Exchange Commission financial data safe, it’s the job of the Government Accountability Office to make sure the SEC is keeping its internal controls strong. A new report from the GAO, however, says that the SEC’s data s...
By Alan Rappeport • April 2, 2007 -
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A Sense of Validation
Purveyors of hosted software have long touted the virtues of their distribution model. There are plenty, too. A rented application, delivered direct to desktop via the Internet, reduces the need for IT staff. Monthly subscription fees are relatively cheap — at least when compared with a million-d...
By John Edwards • April 1, 2007 -
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Oracle vs. SAP: The Gloves Come Off
Oracle is suing SAP for allegedly hacking into its customer-support database and stealing sensitive information that it used to lure customers from its fierce rival. The accusations center on TomorrowNow, SAP’s support-services arm, one of many third-party maintenance firms chipping away at Oracl...
By Jason Karaian • March 23, 2007 -
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Hooked by a Security Test
It’s never easy for IT managers to convince finance colleagues to sign off on new spending plans. With this in mind, security services vendor NCC sought to do its clients “a favor” with a vivid demonstration of the importance of its wares. In January, NCC sent 500 finance chiefs of London-listed ...
By Jason Karaian • March 22, 2007 -
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No Extra Audit for XBRL, Says Cox
The Securities and Exchange Commission will use a light hand in regulating audits of XBRL, chairman Christopher Cox said at Monday’s SEC roundtable on interactive data.Cox has long championed XBRL (eXtensible Business Reporting Language), a computer-tagged format intended to help users of financi...
By Alan Rappeport • March 19, 2007 -
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Double-check That Check
Payments fraud, or attempted payments fraud, targeted 72 percent of organizations in 2006, compared with 68 percent in 2005, according to a new survey by the Association for Financial Professionals.Physical checks were the means of attack in at least one instance at 93 percent of the organization...
By Stephen Taub and Dave Cook • March 19, 2007 -
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A Better Look at Your Spreadsheets
The new Microsoft Vista operating system will spread your spreadsheets in ways that aren’t available through Windows.Vista’s enhanced capabilities include the new Aero 3-D user interface, a more powerful graphics engine, and various smaller design tweaks, all of which can help you examine financi...
By John Edwards • March 16, 2007 -
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A Little Less “R”, a Little More “D”
Piggybacking on existing intellectual property is becoming a popular means for companies to develop new products and services, and UTEK — as in “university technologies” — is looking for the best and the brightest.A specialty finance company focused on technology transfer, UTEK performs its own s...
By John P. Mello Jr. • March 12, 2007 -
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Out of the Dusty Labs
In the waning days of the second world war, Vannevar Bush, science adviser to President Franklin Roosevelt, penned a report that served as the blueprint for what would become America’s enormously successful information-technology industry in the second half of the 20th century. With the grandiose...
By Economist Staff • March 9, 2007 -
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Going Green
The people, places and things inside Second Life, a thriving online world with millions of residents, may be imaginary — but the power consumption of the computers that maintain the illusion is all too real. Nicholas Carr, a business writer and blogger, recently worked out that each of the 15,000...
By Economist Staff • March 5, 2007 -
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Oracle Foretells Further Consolidation
Finance executives who are contemplating big-ticket technology purchases are casting an eye at further consolidation in the enterprise software market.Oracle announced on Thursday that it has agreed to buy Hyperion Solutions for about $3.3 billion in cash, or about $52 per share. In a statement, ...
By Stephen Taub • March 1, 2007