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Hector Ruiz (pictured), then CEO of AMD, was the unidentified source of material information that the busted Galleon ring traded on, according to the Wall Street Journal and Bloomberg. He’s even higher up the totem pole than Robert Moffat, the head of IBM servers and storage who was arrested and charged on October 16 along with five other co-conspirators in what the government called the biggest case of insider trading involving a hedge fund in history. For days now the press corps has been leaning on their sources trying to prove the hypothesis that Ruiz was the uncharged AMD insider described by the government in its criminal and civil indictments as the executive who’s “been preaching this deal for so long,” meaning AMD’s spin-off of its fabs and frankly there weren’t too many of those – that’s where the hypothesis came from. The Wall Street Journal identified R... (more)

Big Data Designated "Enabler" in Deloitte's 3rd Annual Tech Trends Report

Big Data - not surprisingly - features in Deloitte's just-released annual "Tech Trends" report identifying the 10 trends most likely to have an impact for CIOs in the coming year and beyond. "It's an uncommon time to have so many emerging forces – all rapidly evolving, technology-centric and each already impacting business so strongly," said Mark White, principal and chief technology officer, Deloitte Consulting LLP, as the report was announced. He continued: "The convergence of five forces offers a new set of tools, opening the door to a new set of rules for operations, performance and competition. Our report outlines the opportunity for IT to truly help elevate business performance." The five emerging technology forces he was referring to are analytics, mobility, social, cloud and cyber security. Between them, said White, they provide the opportunity for business... (more)

IBM Fires Exec Implicated in Insider Trading Scandal

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)

Microsoft SQL Server 2012 A Beginners Guide Book Review

This book is a really great beginners guide for core SQL Server 2012, and it also does a great job of introducing new features introduced in SQL Server 2012. What I mean by core is that topics like Master Data Services and Data Quality Services are not introduced. That is not a bad thing. By limiting the scope of the book, the author was able to better the topics that are included. I wanted this book because I like having a book about the basics close by. I am not in SQL Server everyday and when I find myself needing to go back to it, I not only want books on the advanced features nearby, I want the basics also. The book covers all the basics you need to know to get up and running quickly. After a really nice introduction where the author covers the new 2012 features and where they are covered in the book, they have a nice overview of relational databases and detail... (more)

China Sunergy Announces Adoption of Warranty Insurance Solution from PowerGuard

NANJING, China, March 13, 2012 /PRNewswire/ -- China Sunergy Co., Ltd. (Nasdaq: CSUN) ("China Sunergy" or the "Company"), a specialized solar cell and module manufacturer, today announced that the Company has adopted PowerClip extended warranty insurance solution for its solar module products from PowerGuard Specialty Insurance Services ("PowerGuard"), a firm located in California, U.S.A. Power Guard specializes in the design and underwriting of unique insurance and risk management solutions for wind, solar and other alternative energy companies. With this warranty insurance solution conceived and managed by PowerGuard, China Sunergy offers its customers back-to-back coverage on 10-year warranties for defects in materials and workmanship and a minimum power output warranty over 25 years for substantially all of its solar module products sold worldwide. The PowerCli... (more)

Inovonics' VP of Business Development and Technology is Appointed to Physical Security Interoperability Alliance (PSIA) Board of Directors

LAS VEGAS, March 28, 2012 /PRNewswire/ -- (ISC West, Booth #25121 ) – Inovonics (http://www.inovonics.com), the industry leader in high-performance wireless sensor networks for commercial and life safety applications, today announced that Michael Slack, vice president of business development and technology, has been appointed to the PSIA (Physical Security Interoperability Alliance) Board of Directors (http://www.psialliance.org/). PSIA is one of the leading organizations for open source standards in the physical security market.  "As the security industry moves to the next chapter of its lifecycle, it is important for PSIA to bring in new forward-thinking experts, like Mike, who share our vision and can bring insights into the security industry's overall direction," said David Bunzel, executive director of PSIA. "Through his years of experience in the security ind... (more)

KTDO Telemundo Wins El Paso's Only Emmy

Telenoticias El Paso's Ivette Sanchez received the award for the report Inocencia Tras Las Rejas DALLAS, Nov. 12, 2012 /PRNewswire-USNewswire/ -- ZGS Communications is proud to announce that Telemundo El Paso's Telenoticias' local reporter Ivette Sanchez was awarded an Emmy for the story Inocencia Tras Las Rejas (Innocence Behind Bars) in the category, Feature News Report-Serious Series.  The awards were announced Saturday night at the 10th Annual Lone Star Emmy Awards held at Cowboys Stadium in Dallas.  The Lone Star EMMY Chapter serves all 19 television markets in Texas and is chartered by the National Academy of Television Arts & Sciences (NATAS). Telemundo El Paso was the only television station in the market regardless of language, to receive an Emmy. (Photo: http://photos.prnewswire.com/prnh/20121112/DC11345) Sanchez's report was an in-depth look at children... (more)

Former Florida Lieutenant Governor Jennifer Carroll Joins Global Digital Solutions, Inc., as Senior Advisor.

PALM BEACH, Fla., April 24, 2013 /PRNewswire/ -- Global Digital Solutions (PINKSHEETS: GDSI), a company that is positioning itself as a leader in providing knowledge-based and culturally attuned social consulting and security-related solutions in unsettled areas, announced today that Florida's former Lt. Governor, Jennifer Carroll, has joined the company as a senior advisor.   The company also stated that Ms. Carroll is expected to become President and Chief Operating Officer once the planned merger with Airtronic USA, Inc. has been completed. Florida's 18th Lt. Governor, Carroll was the state's first female elected as Lt. Governor and its first African-American elected statewide. Prior to her service as Lt. Governor, Carroll was a state legislator for over seven years, a small business owner, and Executive Director of Florida Department of Veterans' Affairs respo... (more)

Former United States Senator Scott Brown Will Provide Strategic Counsel To Global Digital Solutions, Inc. (GDSI) As A Member Of The Company's Advisory Board

PALM BEACH, Fla., Sept. 9, 2013 /PRNewswire/ --Global Digital Solutions, Inc. (GDSI), a company that is positioning itself as a leader in providing small arms manufacturing, complementary security and technology solutions and knowledge-based, cyber-related, culturally attuned social consulting in unsettled areas, announced today that Scott Brown, former United States Senator from Massachusetts, has joined the company's Advisory Board.     "We're thrilled to have someone with Scott Brown's national stature and extensive government experience on our Advisory Board," said GDSI's President and CEO Richard J. Sullivan.  "Scott's leadership roles at both the state and federal levels – with a consistent focus on security-related issues – and his longtime service in the Army National Guard give him great perspective, experience and relationships that will be very helpful to ... (more)

Used Car for Sale on Eurodb

When do you plan to put your used car for sale ? Were you not, since long thinking of replacing it with a preferred brand car or a fuel efficient automobile? Didn’t the added costs to replace to be added to the likely realization from sell your car prevent you from making a decision to put your car on sale? How vary are you of making a deal and more worried about getting the right value you perceive for your used car? Putting a sedan or SUV on sale after having it bristle you for years is really a difficult choice. You value its services and upkeep. Your emotional attachment does not allow you to settle for less than what you value it. But markets seldom work on sentiments attached by the seller and are ruled by functional utility value of the car for the buyer. Buyer value consciousness bar is rising day by day. Marginal utility value of a used cars is seldom given d... (more)

Richmond Fed's Economic Quarterly Features New Thoughts on Too-Big-to-Fail Banking Policy

RICHMOND, VA -- (MARKET WIRE) -- 05/31/05 -- Bank Risk of Failure and the Too-Big-to-Fail Policy. The possibility that large banks may have access to contingent government bailouts creates a risk and a size distortion in their decisions: banks tend to become riskier and larger, asserts Richmond Fed economist Huberto M. Ennis and research associate H. M. Malek. While the cost of the too-big-to-fail distortions could be high, the available evidence of their importance in the U.S. economy is inconclusive. Any proposal for policy reform should weigh this empirical limitation, according to the article. Also in the Spring 2005 issue: Equilibrium Models of Personal Bankruptcy: A Survey. A growing literature analyzing the default of household debt through bankruptcy harbors three lessons, observes Richmond Fed economist Kartik Athreya. First, for bankruptcy to be welfare-im... (more)