Archive for December, 2010

TIBCO Software (TIBX) Trading Near $19.31 Support Level

December 29th, 2010

TIBCO Software Inc (NASDAQ: TIBX) closed Tuesday’s trading session at $19.72. In the past year, the stock has hit a 52-week low of $8.83 and 52-week high of $22.08. TIBCO Software stock has been showing support around $19.31 and resistance in the $20.21 range. Technical indicators for the stock are Neutral and S&P gives TIBX a positive 4 STARS (out of 5) buy rating. For a hedged play on this stock, look at the May ‘11 $19.00 covered call for a net debit in the $17.57 area. That is also the break-even stock price for this trade.

This covered call has a duration of 143 days, provides 10.90% downside protection and an assigned return rate of 8.14% for an annualized return rate of 20.77% (for comparison purposes only).

Source:-http://www.marketintelligencecenter.com/analyfav/1240993

Google Gobbles Travel Software To Fatten Its Travel Search Portal

December 29th, 2010

It seems that the once innocent and well-meant start-up that is now known as Google is once again chomping its way through the internet is making waves as it pushes into new arenas. The Mountain-View, California-based search engine titan Google acquired the company that made it easy for travelers to compare airfares, ITA Software Inc., for $700 million price tag, which could give it a leading edge in the market for online travel search results.

About six months back, Google disclosed its intention to buy the company ITA Software Inc., which has caused a ripple of concern through the industry as online travel agents (OTAs) fight back in the ever intensifying war of Google versus the internet.

Since then, the gigantic players in online travel sphere have pulled lines, for and against the deal, and regulators have sought more time and information for an anti-trust investigation, which continues.

Google’s acquisition of ITA Software risks, in time, diminishing rivalry in the U.S. travel industry, a law professor at Columbia University said.

“In the longer term … the danger is that this deal could empower Google such an advantage that travel search becomes like other forms of search, dominated by one engine, which could eventually stifle innovation,” The New York Times quoted professor Tim Wu as saying Tuesday.

This acquisition has caused a wave of concern throughout the travel industry, and OTAs are fighting back, fearful that travel search would fall into the hands of monolithic search engine giant’s control, stifling competition.

The acquisition, if sanctioned, would enable Google, the dominant search engine , digest ITA, which was established in the 1990s by computer scientists at the Massachusetts Institute of Technology and has become the prominent provider of flight data to airlines, travel agents, global distribution systems, flight comparison sites and technology companies.

Source:-http://news.ebrandz.com/google/2010/3789-google-gobbles-travel-software-to-fatten-its-travel-search-portal-.html

Address verification software adapted for telco and utility leverage

December 29th, 2010

There’s a new address verification software solution on the market for mid-market telecommunications and utility companies.
Power Pack for Telco and Utility leverages unique data assets and advanced analytics to help mid-sized providers quickly validate a business’s identity and make more informed decisions around account deposit determination.
Equifax officials said that using this solution, telco and utility companies gain a more comprehensive view of a businesses’ financial profile to improve application screening, streamline the service activation process and reduce write-offs.”By providing both business identity verification and payment risk information, we have equipped mid-market telco and utility companies with an easy, inexpensive way to make informed decisions about potential business customers,” said Dan Csont, chief marketing officer of Equifax Commercial Information Solutions, in a statement.
Csont said that Power Pack for Telco and Utility pulls together only the most relevant information into one, easy-to-understand format. According to company officials, business identity verification and access to multiple data sources are especially valuable for telco and utility companies which have significant annual write-offs due to fraud and non-payment. Address verification software has its place.
Power Pack for Telco and Utility, company officials said, enables businesses to make better application and risk decisions by integrating data from Equifax and third-party sources. With access to Equifax’s extensive data and proprietary risk scores as well as identity verification solutions, telco and utility companies can efficiently confirm the identity and past payment history of new applicants.Power Pack for Telco and Utility offers customers a number of add-on features such as Business Failure Risk Rating, which predicts the likelihood of business failure through formal or informal bankruptcy within a 12-month period.
Also available is Business Fraud Advisor, a fraud solution used to validate the identity of a business and verify application data while identifying applications with the highest likelihood of fraud.

Source:-http://www.tmcnet.com/channels/address-verification-software/articles/130395-address-verification-software-adapted-telco-utility-leverage.htm

10 Tips to Get the Most Out of Your Technology

December 29th, 2010

Your gadgets and computers, your software and sites — they are not working as well as they should. You need to make some tweaks.

Sadly, many people labor under the misapprehension that making adjustments to hardware and software is difficult and time-consuming. It is not.

Below are 10 things to do to improve your technological life. They are easy and (mostly) free. Altogether, they should take about two hours; one involves calling your cable or phone company, so that figure is elastic. If you do them, those two hours will pay off handsomely in both increased free time and diminished anxiety and frustration. Do not be intimidated — you already have the skills you need to make significant and radical improvements.

STOP USING INTERNET EXPLORER.

Why: Because, while the latest version has some real improvements, Internet Explorer is large, bloated with features and an example of old-style Microsoft excess.

How: Switch to either Mozilla Firefox or Google Chrome. Both are first-rate, speedy browsers, and both are free. It remains a tight race between the two, but Chrome has had the lead lately in features and performance. Both browsers include useful things like bookmark syncing. That means that your bookmarks folder will be the same on every computer using Chrome or Firefox, and will update if you change anything.

2. GET A SMARTPHONE.

Why: Because having immediate access to your e-mail, photos, calendars and address books, not to mention vast swaths of the Internet, makes life a little easier.

How: This does not have to be complicated. Upgrade your phone with your existing carrier; later, when you are an advanced beginner, you can start weighing the pluses and minuses of your carrier versus another. Using AT&T? Get a refurbished iPhone 3GS for $29. Verizon? Depending on what’s announced next week at the Consumer Electronics Show in Las Vegas, get its version of the iPhone, or a refurbished Droid Incredible for $100. Sprint? Either the LG Optimus S or the Samsung Transform are decent Android phones that cost $50. T-Mobile users can get the free LG Optimus T.

3. UPLOAD YOUR PHOTOS TO THE CLOUD.

Why: Because you’ll be really sorry if an errant cup of coffee makes its way onto your PC, wiping away years of photographic memories. Creating copies of your digital photos on an online service is a painless way to ensure they’ll be around no matter what happens to your PC. It is also an easy way to share the photos with friends and family.

How: There are many good, free choices. To keep things simple, use Picasa, Google’s service. After your initial upload — which may take a while, so set it up before you go to sleep — you will have a full backup of your photo library. And by inviting people to view it, privately, with passwords, you will not have to e-mail photos anymore. Anytime you have new pictures, upload them to Picasa, send a message to your subscribers, and they can view your gallery at their leisure.

4. BACK UP YOUR DATA.

Why: Because photos are not the only important things on your computer. With online backup services, you do not have to buy any equipment; you just install software, which sits on secure servers and runs in the background, regularly updating a mirror image of all your files while you spend time on more important things, like confirming that Ben Gazzara really was the bad guy in “Road House” (he was).

How: Go to sosbackup.com. Pay $80 a year. Install the software. Sleep easy.

5. GET FREE ANTIVIRUS SOFTWARE.

Why: Because attacks on unwitting users are more widespread and tactics are growing more advanced.

How: Windows users should download Avast Free Antivirus. Mac users can download iAntiVirus Free Edition. Both applications will provide a basic level of security against a variety of so-called malware. And they cost zero.

6. GET A BETTER DEAL FROM YOUR CABLE, PHONE AND INTERNET PROVIDER.

Why: Because it does not take much to get them to give you free (or cheaper) services. These companies are generally indifferent to customer needs, but they are quick to cough up discounts — if you ask.

How: Just call and ask — they will probably give you something. Other tactics: Measure your Internet speed, using dslreports.com/speedtest; if it is less than what you are paying for, ask for a free upgrade. Or ask to speak to someone in the cancellation department (if there is a competitor in your area, so much the better). That usually scares them.

7. BUY A LOT OF CHARGING CABLES.

Why: Because you should never have a gadget’s battery die on you, and they are cheap. Smartphone user? Have a charging cable at the office, one in the car, and a couple at home. Laptops? Have enough chargers in the house, so you are not tethered to the den when the power runs low.

How: eBay. Search for what you need with terms like “original” or “oem” (original equipment manufacturer). You will often see accessories for as much as one-tenth their normal retail price. Buy them by the gross.

8. CALIBRATE YOUR TV.

Why: Because that awesome 1080p plasma or LCD TV you bought has factory settings for color, brightness, contrast, etc., that are likely to be out of whack. They need to be adjusted.

How: Order Spears and Munsil High Definition Benchmark: Blu-ray Edition, a DVD, for $25. Its regimen of tests and patterns will help you adjust your TV’s settings to more natural levels. After you use it, you may want to fine-tune the TV some more, but you can do so knowing you are getting the most out of your display.

9. GET MUSIC OFF YOUR COMPUTER.

Why: Because music purchased digitally wants to be free, not imprisoned in your portable player or laptop. It wants to be sent around the home, filling rooms like good old-fashioned hi-fi.

How: Using iTunes for your digital music? Buy Apple’s Airport Express for $99 and connect it to your stereo. When you play music on your computer, you can stream it to the Express and, therefore, your stereo’s speakers. Have an iPhone, iPod Touch or iPad? Download Apple’s free Remote app and you will be able to control your music from anywhere in the house.

10. SET UP A FREE FILE-SHARING SERVICE.

Why: Because while e-mailing yourself files is a perfectly decent workaround, there are easier, more elegant ways to move files around — and they do not cost anything, either.

How: Go to dropbox.com and set up a free account. You will then get an icon that sits on your desktop. Drag and drop files onto that icon, and they are immediately copied to the cloud. The free account gives you up to two gigabytes of disk space; 50- and 100-gigabyte are also available, but they cost $10 or $20 a month.

Set up your account on all your other computers, and they all have the access to the same files. You can set up shared, private and public folders, and apps for iPhone, iPad, BlackBerry and Android mean you can gain access to shared files from anywhere.

Source:-http://www.nytimes.com/2010/12/30/technology/personaltech/30basics.html?src=busln

Judge Rules SAP Must Pay Interest on $1.3B Judgment to Oracle

December 29th, 2010

A federal court judge ruled Dec. 28 that enterprise software maker SAP must pay Oracle prejudgment interest on its Nov. 23 $1.3 billion copyright infringement verdict, but it was about $195 million less than the amount requested by Oracle.

After it won the monthlong jury-trial case in the Oakland, Calif. federal district court, Oracle had asked presiding Judge Phyllis Hamilton for about $211 million in interest from its longtime competitor.

SAP, the largest enterprise application provider in the world, contended in court documents that it shouldn’t have to pay interest on the $1.3 billion judgment, which already is the largest intellectual property-connected financial penalty in U.S. legal history.

Sometimes in cases that involve a jury award, interest is awarded to the plaintiff dating back to when the case started in proceedings.

SAP lawyers subsequently asked Hamilton to use a different methodology should she decide interest was necessary. The judge agreed to use SAP’s formula without detailing the actual amount SAP would have to pay.

In an email to eWEEK, SAP spokesman Saswato Das revealed the number to be about $16.5 million. An Oracle spokesperson did not return a request for comment.

“While we believe that Oracle should only be awarded damages, we appreciate that the Court agreed with SAP on the proper calculation of interest in this case which dramatically lowered the amount,” Das told eWEEK. “The interest the Court ordered, based on the statutorily-set interest rate of .3% and the accrual period of Sept. 29, 2006 through Dec. 23, 2010, is approximately $16.5 million, rather than the over $200 million Oracle was seeking.”

Oracle, in its lawsuit filed in 2007, claimed that SAP — through a since-liquidated affiliate division called TommorowNow — illegally downloaded more than 8 million instances of its customer-support software and hundreds of thousands of pages of supporting documentation from one of its Web sites, then used those tools to lure some 350 customers away from Oracle and over to SAP.

SAP took corporate responsibility for the misdeeds in a court document filed Oct. 28 and officially apologized on Nov. 16.

SAP already has paid $120 million for court costs to Oracle and had argued that another $40 million in restitution would constitute a fair amount. Oracle originally claimed in court documents that its lost assets were valued at $2.15 billion, although CEO Larry Ellison testified in court Nov. 8 that $4 billion was closer to the actual amount.

Ultimately, the eight-person jury settled on the $1.3 billion figure. Now there’s another $16.5 million for SAP to pay out.

Source:-http://www.eweek.com/c/a/IT-Infrastructure/Judge-Rules-SAP-Must-Pay-Interest-on-13B-Judgment-to-Oracle-205612/

Skype blames recent outage on buggy software

December 29th, 2010

In a blog posted today, Chief Information Officer Lars Rabbe explained the house of cards that took down the service the morning of Wednesday, December 22, and kept it offline for many until the following day.
On December 22, a number of support servers that handle offline instant messaging became overloaded, according to Rabbe. Because of that, some Skype clients didn’t receive responses as quickly as usual. A bug in one particular Skype client for Windows (version 5.0.0.152) prevented it from processing those delayed server responses, causing the client software to crash.
Since Skype is a peer-to-peer network, any PC running the client software can act as a node to route and process traffic. But PCs can also be tapped to serve as supernodes, which help maintain connections for multiple users.
Since about half of all Skype customers around the world were running the buggy client version, the resulting wave of crashes triggered failures in 25-30 percent of Skype’s supernodes. That put extra strain on the rest of the supernodes, causing them to start failing. Despite the efforts of the tech folks at Skype to disable the overloaded servers and stop the client requests, the entire Skype network eventually shut down.
“Regrettably, as a result of the confluence of events–server overload, a bug in Skype for Windows clients (version 5.0.0.152), and the decline in available supernodes–Skype’s functionality became unavailable to many of our users for approximately 24 hours,” wrote Rabbe.
To get the service up and running again, Skype engineers spent that Wednesday introducing more and more instances of the Skype client software (the non-buggy version) into the network to generate more and more supernodes. That helped the network gradually recover, allowing the majority of Skype users to get back online by Thursday.
What is Skype doing to make sure an outage like this won’t happen again?
First, Rabbe says the company had provided a fix (version 5.0.0.156) to the buggy software before the outage occurred, but many people hadn’t yet installed it. As such, Skype will be reviewing its process for automatic updates. Second, the company will look into ways of detecting and recovering from such problems much faster. And third, it will evaluate its testing processes to better find and avoid bugs that could take down the entire system.
Rabbe also acknowledged the company’s failure to prevent the outage and its lack of communication when the service was down.
“Lessons will be learned and we will use this as an opportunity to identify and introduce areas of improvement to our software, further assess and invest in capacity and stability, and develop better processes for outage recovery and communications to our user base,” Rabbe wrote in closing.

Source:-http://news.cnet.com/8301-1023_3-20026773-93.html

BMC Software Reaches Taiwan

December 29th, 2010

Leading large enterprise software company BMC Software Inc. (BMC – Analyst Report) announced that its mainframe solutions will be used by a Taiwan-based software consultancy firm, Galaxy Software Services Corp. Financial. Details of the agreement were not disclosed.

Since its inception, Galaxy Software has been providing business application software and consulting services to its broad range of customers including government, medical, manufacturing and financial institutions. With the help of BMC Software’s mainframe solutions, Galaxy Software will help Asian banks and telecom organizations to quickly process customer requirements while reducing costs.

BMC Software’s Mainframe solutions are crucial for high-performance computers or mainframes used for large-scale computing purposes that offer greater availability and security than a smaller-scale machine. BMC Software’s Mainframe Service Management segment generates revenue by selling software for mainframe database management, database monitoring and management, as well as scheduling.

Despite having a global reach, BMC Software continues to be on the lookout for opportunities to expand in international locations and maximize its competitiveness. The association with Galaxy Software Services will strengthen BMC Software’s Asian exposure.

A few days back, the company’s Business Service Management solutions were deployed by CenITex, the shared-services information technology (IT) agency of the government of Victoria (Australia), which is expected to increase international revenues. During the recently concluded second quarter, international revenues were roughly 49.0% of the total revenue.

Despite continuous deal wins and expanding global exposure, BMC Software’s share price remains depressed. Revenues from the mainframe division have not increased for the last couple of years due to replacement of mainframe systems by the distributed computing networks, in which different parts of a program are run simultaneously on many computers connected over a network. BMC Software also faces competition in the mainframe market with CA Technologies (CA – Analyst Report) and Compuware Corp. (CPWR – Analyst Report), both of which also rely on their mainframe businesses for nearly half of their revenue.

Apart from these, the challenges posed by industry leaders, such as International Business Machines Inc. (IBM – Analyst Report), Hewlett-Packard Company (HPQ – Analyst Report), EMC Corporation (EMC – Analyst Report) and CA Technologies due to their strong positions in cloud computing and IT solution markets are also concerns.

Source:http://www.zacks.com/stock/news/45273/BMC+Software+Reaches+Taiwan

Get Adobe Flash playerPlugin by wpburn.com wordpress themes