IT Service News

Joe Nacchio's scheduled release from a halfway house in September will effectively mark the end of the legal tsunami that resulted from federal investigations of Denver-based Qwest more than a decade ago.

Minority shareholders of Clearwire likely will vote against a buyout offer from Sprint Nextel Corp.

The recent snooping scandal involving global financial information and news provider Bloomberg LP has sounded an alarm for the Chinese financial industry and its heavy reliance on foreign data services.

Separately, analysts at CIBC reiterated a "sector outperform" rating on shares of CGI Group in a research note to investors on Monday, March 4th.

A healthcare provider has sued the Internal Revenue Service and 15 of its agents, charging they wrongfully seized 60 million medical records from 10 million Americans.

Philippine Long Distance Telephone Co. on Thursday stressed there were no problems with its network during the elections earlier this week, allowing a smooth transmission of data from regional offices to main servers in Manila.

A new group of New South Wales police officers graduated on May 3 from the Police Force Academy at Goulburn.

The Eurovision Song Contest 2013 is the 58th annual Eurovision Song Contest and takes place in Malmo, Sweden.

Tom Wheeler, nominated to become the new chairman of the Federal Communications Commission, pledged to divest stakes in AT&T Inc, Dish Network Corp, Google Inc and dozens of other tech and telecoms companies if he is confirmed.

A plan by Internet retailing giant Amazon.com to build at least one warehouse in Florida has been scrapped, with the company unable to reach an agreement on when it would have to start collecting state sales taxes, an official in Gov.

A number of Wall Street firms are hoping to cut back on at least some of the popular features offered by Bloomberg LP - moves that could crimp the data distributor's bottom line.

Sprint Nextel Corp. completed a $480 million deal with U.S. Cellular Corp. on Friday that brings Sprint as many as 420,000 new Midwestern customers and a stronger wireless network.

Chief executive for five years, Colao has said only that he has an "open mind" on Vodafone's 45-percent stake in the U.S. operator, whose majority owner, Verizon Communications according to the consensus.

Bloomberg LP, the financial news and information service, on Friday said it has appointed Samuel Palmisano, the former CEO of IBM, as an independent adviser on its privacy and data standards.

Bloomberg LP, the financial news and information service, says it's appointing Samuel Palmisano, the former CEO of IBM, as an independent advisor on its privacy and data standards.

With Clearwire Corp. shareholders voting on whether to accept the $2.2 billion offer from Sprint Nextel Corp.

SAP chairman and co-founder Hasso Plattner takes the stage to bust myths about HANA, its in-memory database technology.

Florida Gov. Rick Scott, who has made job creation his top priority since coming into office, has rejected a proposed deal to bring major Internet retailer Amazon to the state.

Lawyers for JPMorgan Chase & Co. are asking financial news and data company Bloomberg LP to turn over any records it has of reporters looking up the log-in and usage data of JPMorgan employees.

Roona Begum, the 18-month-old girl from Tripura whose head had swollen to the size of a huge balloon, underwent a life-saving surgery on Wednesday The toddler, who suffered from a rare medical condition - Hydrocephalus, was admitted to Fortis Memorial Research Institute in Delhi last month for surgery.