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Nine out of ten businesses that have launched virtual worlds saw them fail in 18 months or less, according to recent research from Gartner, which faulted companies for getting hung up on the technology rather than thinking about how people use it. "Businesses have learned some hard lessons,&... More...

Global spending on IT services grew 11 percent last year to $751 billion, according to Gartner. IBM did best in the year, slightly increasing market share to 7.2 percent, after doing $54.4 billion of work. But following last week's $13.9 billion acquisition of second-placed EDS, HP has effect... More...

LONDON/BOSTON (Reuters) - If you work for a bank, a computer may be reading your e-mail, listening to your phone calls or analyzing chat conversations as you type. Even banking workers used to the idea of surveillance might balk at the thought of a computer doing the job. But there are strong ... More...

HELSINKI (Reuters) - The new technology that enables small payments from mobile phones by just flashing the handset is likely to reach masses only around 2012, when one phone in five sold will be equipped with the technology. Consumers will be able to use a phone as a wallet or as an access car... More...

Microsoft will deliver its delay-plagued Open XML file converters for Office 2004 for Mac next month, the company reaffirmed last week. "Yes, we will have the converters ready," said Kurt Schmucker, group product manager in Microsoft's Mac Business Unit. In February, Microsoft delayed t... More...

TORONTO (Reuters) - More than one-third of workers would choose their mobile phone over their wallet, keys, laptop or digital music player if they had to leave the house for 24 hours and could take only one item, a new survey has found. The survey, conducted by market research firm IDC and sponsor... More...

The idea that Microsoft, in order to revamp its Internet business, would buy Yahoo seemed surreal when rumors first surfaced in mid-2006. But as Yahoo's troubles deepened in the second half of that year and throughout 2007, and as Microsoft kept spinning its wheels in its online efforts to compete a... More...

EarthLink next month will shut down its Philadelphia Wi-Fi network, the flagship of its now-dashed municipal wireless initiative, and then remove it from the city's street lights. The ailing service provider made the announcement Tuesday, saying it is proceeding with that plan after months of nego... More...

Billionaire investor Carl Icahn is reportedly mulling a proxy fight against Yahoo's current board members in order to pressure the company to re-establish merger negotiations with Microsoft. Icahn has bought as many as 50 million Yahoo shares since Microsoft walked away from the deal, according to ... More...

Billionaire investor Carl Icahn is mulling a proxy fight against Yahoo 's current board members in order to pressure the company to reestablish merger negotiations with Microsoft , The Wall Street Journal reported in its online edition Tuesday afternoon. Icahn has bought as many as 50 million Y... More...

Microsoft has released four sets of security patches for its products, fixing a critical flaw in Microsoft Jet Database Engine software that had been used in online attacks. Security experts say that the Jet flaw ( MS08-028 ) should be patched first, since it has already been exploited. Microsoft ... More...

I'm a confirmed Ubuntu fan, but I'd be remiss if I didn't mention the release of Fedora 9 this morning. Fedora is the community-maintained Linux distribution that's the foundation for Red Hat Enterprise Linux (RHEL), the leading commercial version of the open source OS. No surprise, then, that i... More...

Olympus has launched the E-520, an update of its E-510 DSLR. The E-520 represents continuity, rather than revolution within the E-System camp. This process of orderly transistion sees the arrival of contrast detection AF at the E-5XX level of camera. This feature does not represent all the camera's ... More...

Olympus has launched a consumer-level wide angle lens for the Four Thirds system. The Zuiko Digital 9-18mm f/4-5.6. The lens, that offers fields of view equivalent to 18 - 36mm in 35mm terms, males extreme wide-angle zoom more accessible to users of the Olympus E-System, Panasonic DSLRs and selected... More...

Intel 's test and assembly plant in Chengdu remained offline on Tuesday, as the region in southwestern China reeled from the effects of a devastating earthquake that struck on Monday afternoon. Chinese officials put the death toll from the quake at nearly 10,000 on Tuesday morning, according to Chi... More...

Cisco Systems will take its TelePresence virtual meeting systems into home offices later this year, bringing telecommuters nearer to their corporate colleagues and society one step closer to science fiction. TelePresence uses high-definition video, large flat-screen monitors and advanced audio ... More...

It may not have been the greatest hack ever, but police say the malicious software sneaked onto restaurant chain Dave & Buster's corporate network was good enough to earn criminals hundreds of thousands of dollars. Three men have been charged with hacking into the network and then remotely ... More...

An anonymous hacker has posted personal data about 6 million Chilean residents on the Internet, highlighting wider privacy problems in the country. The data was posted early Saturday morning on Fayerwayer.com , a popular Chilean technology blog. The hacker, who calls himself "Anonymous Cowar... More...

Advanced Micro Devices announced a series of executive changes Monday, including the creation of a Central Engineering Organization to oversee the company's product roadmap. Leading the new executive appointments was the announcement that Randy Allen will replace Mario Rivas as head of the company... More...

Nokia is extending its mobile navigation system to the Web via its Ovi.com site, where people will be able to save map locations and routes and then synchronize them with their phones. Maps on Ovi, unveiled Monday at the Where 2.0 conference in Burlingame, California, builds on Nokia's next gen... More...