Microsoft Rips Secret ‘Cloudnapping’ Manifesto

Gartner thinks that global revenues from cloud computing will surge 21.3% this year and top $56 billion, according to Reuters reporting from Finland. IT spending is obviously shifting in search of cost-effectiveness as the economy goes to hell. G... (more)

Satyam, the fraud-reeling Indian outsourcer whose CEO padded the books to the tune of a billion dollars, told local regulators Tuesday that it's planning to decide which bidder will buy a 51% interest in the company by April 30. It's unclear who ... (more)