Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 IBM has cut its ties with Robert Moffat, the senior VP who ran its server, storage and chips businesses and was arrested two weeks ago for allegedly whispering insider information on IBM and Sun financial results as well as AMD's reorganization plans to hedge funds that traded on the material information. IBM isn't saying much, not even that Moffat was fired, merely that he is no longer an IBM employee. Three days after Moffat was arrested on October 19 on charges of conspiracy to commit securities fraud IBM put him on administrative leave and replaced him temporarily with Rod Aktins, whose accession as IBM's highest-ranking African-American executive is now confirmed. It could have taken IBM two weeks just to talk with Moffat and his lawyer let alone do its own internal investigation. His ... (more)

IBM Insider Info Leaks Were Pillow Talk: US Attorney

New Castle hedge fund co-founder Mark Kurland, 61, drew 27 months in a federal lock-up and the forfeit of $900,000 last Friday for his part in the Galleon insider trading scandal, the first of the admitted conspirators to be sentenced for securities fraud. Kurland was Danielle Chiesi’s boss and Chiesi is the aging beauty queen captured on wiretaps beguiling insider information on AMD, IBM and Lenovo out of former IBM senior exec Robert Moffat, tips that she, Kurland and others traded on. Kurland’s lawyers tried to get him off with just probation, and argued that he shouldn’t have to do more time than Moffat, who like Kurland pleaded guilty and isn’t cooperating with the authorities but reportedly cut a deal that will see him get no more than six months in the slammer when he’s sentenced. On hearing the Moffat comparison in court last week Bloomberg says the US at... (more)

Moxie Software Names Rebecca Ward As New President And CEO

Tech Veteran and Former CEO of Tealeaf to Drive the Next Phase of Growth for the Company SUNNYVALE, Calif, Jan 10, 2014 - Moxie Software, Inc., the leading provider of customer centric enterprise social software, today announced the appointment of Rebecca Ward as Moxie Software's new president and CEO. Former CEO Tom Kelly will continue to serve on the board of directors. Rebecca Ward brings to Moxie Software a wealth of expertise in managing high growth technology companies. Prior to her role at Moxie Software, Rebecca was the CEO of Tealeaf where she grew the company, even through the economic downturn, delivering innovative customer experience management (CEM) solutions. Ward presided over Tealeaf's successful sale to IBM in June of 2012. Prior to joining Tealeaf, a Foundation Capital company, Rebecca served as group president of engineering, marketing, and prod... (more)

In 2014 Big Data Investments Will Account for Nearly $30 Billion - Eventually Accounting for $76 Billion by 2020 End

DALLAS, Aug. 21, 2014 /PRNewswire-iReach/ -- Amid the proliferation of real time data from sources such as mobile devices, web, social media, sensors, log files and transactional applications, Big Data has found a host of vertical market applications, ranging from fraud detection to R&D.; Photo - http://photos.prnewswire.com/prnh/20140821/138541 "Big Data Market: 2014 – 2020 – Opportunities, Challenges, Strategies, Industry Verticals & Forecasts" Key Findings: In 2014 Big Data vendors will pocket nearly $30 Billion from hardware, software and professional services revenues Big Data investments are further expected to grow at a CAGR of nearly 17% over the next 6 years, eventually accounting for $76 Billion by the end of 2020 The market is ripe for acquisitions of pure-play Big Data startups, as competition heats up between IT incumbents Nearly every large scale IT ven... (more)

Vormetric to Exhibit at RSA Conference 2012, booth 245, Feb 27 - Mar 2, 2012, in San Francisco CA, US

Press Kit Materials are Available at: http://www.tradeshownews.com/events/RSA-Conference-2012/vormetric/ Company:       Vormetric Booth/Stand: 245 Event: RSA Conference 2012 Feb 27 - Mar 2, 2012 San Francisco, CA, US Web: http://www.vormetric.com Facebook: http://www.facebook.com/VormetricInc Twitter: http://twitter.com/vormetric LinkedIn: http://www.linkedin.com/company/vormetric About Vormetric Vormetric is the leader in enterprise system encryption. The Vormetric Data Security product line provides a single, manageable and scalable solution to manage any key and encrypt any file, any database, any application, anywhere it resides— without sacrificing application performance and avoiding key management complexity. Some of the largest and most security conscious organizations and government agencies in the world, including 15 of the Fortune 25, have standardized on V... (more)

iSIGN Media and DAT Media Announce the Signing of a Letter of Intent for Licensing in Australia and Surrounding Markets

TORONTO, ONTARIO -- (Marketwire) -- 05/22/12 -- iSIGN Media Solutions Inc. ("iSIGN" or "Company") (TSX VENTURE:ISD), a leading provider of interactive mobile advertising solutions that serves advertisers, manufacturers, retailers and advertising agencies throughout North America and DAT Media ("DAT"), a privately owned and operated full service supplier of digital media products and services located in Varsity Lakes, Queensland, Australia, are pleased to announce that they have signed a non-binding Letter of Intent ("LOI"). Under the terms of the LOI, DAT has agreed to an upfront payment of $250,000 US, in exchange for 230 licenses for iSIGN's Smart Antenna ("SA") and related Interactive Marketing Solutions ("IMS") 3.1 software, for a period of three years. In addition, DAT will receive exclusive rights to the territories of Australia, New Zealand and Indonesia. iS... (more)

Perficient Reports Fourth Quarter and Full Year 2012 Results

Perficient, Inc. (NASDAQ: PRFT) (“Perficient”), a leading information technology consulting firm serving Global 2000® and other large enterprise customers throughout North America, today reported its financial results for the quarter ended December 31, 2012. Financial Highlights For the quarter ended December 31, 2012: Revenues increased 18% to $83.1 million from $70.4 million for the fourth quarter 2011; Services revenue increased 17% to $71.8 million from $61.3 million for the fourth quarter 2011; Adjusted earnings per share results (a non-GAAP measure; see attached schedule, which reconciles to GAAP earnings per share) on a fully diluted basis increased to $0.23 from $0.21 for the fourth quarter 2011; Earnings per share results on a fully diluted basis increased to $0.14 from $0.09 for the fourth quarter 2011; EBITDAS (a non-GAAP measure; see attached schedule, ... (more)

Lancope's Tom Cross Named Ponemon Institute Distinguished Fellow

ATLANTA, Jan. 6, 2014 /PRNewswire/ -- Lancope, Inc., a leader in network visibility and security intelligence, announces that its director of security research, Tom Cross, has been named a Ponemon Institute Distinguished Fellow. The Ponemon Institute is an independent research organization dedicated to educating global businesses and government agencies on how to improve their privacy, data protection and information security policies. Ponemon Institute Fellows are nominated and selected by their peers, and represent some of the top privacy and security strategists in the world. "With more than a decade of experience in cyber security research, Tom Cross is a valuable addition to our distinguished fellows," said Dr. Larry Ponemon, chairman and founder of the Ponemon Institute. "Throughout his career, he has discovered a number of critical security vulnerabilities in ... (more)

Smart Building Market - Forecasts to 2018

DUBLIN, February 5, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/clwwqf/smart_building) has announced the addition of the "Smart Building Market - Forecasts to 2018" report to their offering.       (Logo: http://photos.prnewswire.com/prnh/20130307/600769 ) Building technology has significantly changed with time and the disciplines such as building automation, physical security, and energy management are widely being adopted. Information and Communication Technology (ICT) can be implemented to improve the building quality in terms of safety, security, efficiency, and management. With the integration of building components, their communication, and management system implemented, smart buildings help in reducing the operating costs, energy consumption, and carbon emission from the buildings. Thus, it helps in enhancing the overa... (more)

Java vs C++ "Shootout" Revisited

Keith Lea writes of the benchmark, on his results page, "I was sick of hearing people say Java was slow, when I know it's pretty fast, so I took the benchmark code for C++ and Java from the now outdated Great Computer Language Shootout and ran the tests myself." Lea used G++ (GCC) 3.3.1 20030930 (with glibc 2.3.2-98) for the C++, with the -O2 flag (for both i386 and i686). He compiled the Java code normally with the Sun Java 1.4.2_01 compiler, and ran it with the Sun 1.4.2_01 JVM. He ran the tests on Red Hat Linux 9 / Fedora Test1 with the 2.4.20-20.9 kernel on a T30 laptop. The laptop "has a Pentium 4 mobile chip, 512MB of memory, a sort of slow disk," he notes. The results he got were that Java is significantly faster than optimized C++ in many cases. "They also show that no one should ever run the client JVM when given the choice," Lea adds. ("Everyone has the c... (more)

Where Are RIA Technologies Headed in 2008?

I am always being told off by i-technologists for quoting Picasso as having said that computers are useless. But I still love his reasoning? "Because they can only give you answers." Picasso, like AJAXWorld Magazine, liked questions. So we thought we would share with you what some of the world's leading rich Internet application pioneers are thinking may be the next questions that we need to see answered. From that readers can themselves infer where AJAX is headed. What are the top questions to ask next about AJAX? Eric Miraglia of Yahoo! 1.  (From March'08) How do I calculate the ROI of building my RIA on the iPhone SDK vs using AJAX? 2.  How do I assess the performance of my app and decide what to do next to make it faster?  3.  When it comes to accessibility, how do I know what's required of me for my rich web apps?  Beyond what's required, what makes good business se... (more)