| Tech Titans Get Cold Shoulder
Microsoft finished Friday's session down 4 cents to $32.90, despite the strong quarter. And the slightest hint of weakness has triggered big selloffs, as Intel (INTC - Cramer's Take - Stockpickr) and Apple (AAPL - Cramer's Take - Stockpickr) discovered. Both stocks have suffered double-digit percentage drops since reporting earnings. Thrivent Financial fund manager Mike Binger believes the Street is in an all-good-things-must-come-to-an-end mindset. "Whenever you come off a successful year, people tend to think that the forward period may not be as successful as the past year," says Binger. "2007 was a very good year for tech, and because of that strength, the market is kind of sensing a slowdown in the first part of '08. People are sensing more of a reversion to the mean than the actual data has played out yet," he says.
Phishing As A Service, Part II
Now you no longer need an in with the international Storm syndicate to outsource your phishing attacks. On InformationWeek, George Hulme reports on a DIY phishing service: "The service automatically generates text for the phishing emails that target various Web mail and social networks, including Facebook, Hi5, Orkut, and others... While this is more of a novelty, and reminiscent of the old-time virus construction kits from the early 1990s, it reveals how heavily social networks will be targeted going forward." Hulme predicts a significant attack through the social networks. I still think it's coming from instant messaging. Posted by Joe Caponi at 12:15 PM, January 29, 2008 Return To Hot Topics .
5 automated traffic signal sites planned
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The World Cheers When Israel Gets Tough
Maybe this time Israel has learned a lesson: that the world comes around to its side when it plays tough. Derision happens when Israel goes whoring after peace. People hate a patsy. Tough guys don't dance (or give up territory). The usual suspects, like the United Nations, are of course blaming Israel for the Arab Palestinian stampede into Egypt after Israel cut off fuel for Hamas rockets. But there have been surprising responses from sources not normally friendly to the Jewish state. Condoleezza Rice, at least for the moment, dropped her sympathies for the "poor" Palestinians, stating that, "The problem comes first and foremost out of the security situation by Hamas in Gaza." (Those thousands of rockets fired onto Sderot and other southern Israeli towns.) Speaking of the Palestinians, by the way, we hear that in less than two days these poor folk spent $130 million dollars on food and other purchases.
Fortis transformation reflected in new top management structures
Fortis will restructure its top management as of 1 January 2008.[1] The Executive Committee will be recomposed and responsibilities redistributed. A Business Executive Committee - which will replace the Fortis Management Committee - will be installed and will operate in closest collaboration with a Group Executive Committee. Taking into account the Fortis managers who have already taken up responsibilities within ABN AMRO, Fortis is convinced it now has the adequate management structure in place, not only to guarantee the successful integration of the acquired businesses, but also to develop Fortis as a whole. 1. The Group Executive Committee will consist of: * Jean-Paul Votron, CEO and Executive Director (Audit reports directly to the CEO); * Herman Verwilst, Deputy CEO and Executive Director (Human Resources, Public and External Affairs, Business Transformation Office report to the Deputy CEO); * Gilbert Mittler, Member of the Group Executive Committee responsible for Finance, Risk and General Counsel; * Filip Dierckx, Member of the Group Executive Committee responsible for Merchant Banking; * Lex Kloosterman, Member of the Group Executive Committee responsible for Private Banking, Asset Management, Investor Relations and Corporate Social Responsibility; * Camille Fohl, Member of the Group Executive Committee responsible for Retail Banking and for Global Branding and Communications; * Peer van Harten, Member of the Group Executive Committee responsible for Insurance and for Real Estate; * Alain Deschênes, Member of the Group Executive Committee responsible for Technology and Information Services, Operations, Facility, Purchasing and Process Improvement.
Beyond the Arc: Winthrop smacks MVC’s rep
Should the final 10 be a consideration for the tournament? Should close losses be a consideration? All of it interesting stuff, even if it was stuff that general fans might glaze over. (Then again, the way people care about the BCS makes me think that as long the information is presented, people will have an interest.) Bilas covered most of what they talked about in his blog last week (in the latest installment of the brilliant back-and-forth he does with SI's Grant Wahl), which, for Bilas, came down to three things that should change when considering the 65 teams that make up the NCAA Tournament: the seeding committee's members, the RPI and criteria. The committee, as Bilas writes “should be comprised not of sitting commissioners and athletic directors, but of a disinterested working group of basketball literate legends like C.M.
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