Outsourcing
News.Com, 12/12/02: EDS inks $4.5 billion deal with BofA
By Ed Frauenheim
Electronic Data Systems said Thursday it signed a $4.5 billion deal to revamp and manage Bank of America's voice and data networks.
Besides running Bank of America's networks, EDS will provide support for the bank's help desk operations. As a result of the 10-year outsourcing deal, about 1,000 Bank of America employees across the United States will transition to EDS. Unlike in some other IT services deals, EDS will not buy Bank of America's existing technology systems, an EDS representative said.
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Associated Press, 12/12/02: HP, NEC Unveil Outsourcing Pact
TOKYO - Hewlett-Packard Co. and Japan's NEC Corp. said Thursday they plan to form an alliance to jointly provide outsourcing services to enterprise customers.
The pact was announced in Tokyo by H-P Chairman and Chief Executive Officer Carly Fiorina and NEC President Koji Nishigaki
Under the terms of the deal, H-P and NEC will initially target global customers based in China, Japan and the United States, with plans to expand to other regions, including Southeast Asia and Europe.
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IT Services
Infoworld, 12/13/02: CSC scoops up DynCorp in $950 million deal
By Joris Evers
COMPUTER SCIENCES CORP. (CSC) has agreed to expand its security business by buying DynCorp, in a deal valued at about $950 million, CSC said in a statement Thursday.
The deal increases CSC's share of the U.S. federal IT services marketplace. Employee-owned DynCorp serves more than 40 federal agencies, including the departments of Defense, State, and Justice, according to the company's Web site.
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Security
News.Com, 12/12/02: IDC: Cyberterror and other prophecies
By Ed Frauenheim
Among one technology researcher's predictions for 2003 is this sobering thought: A major cyberterrorism event will disrupt the economy and bring the Internet to its knees for at least a day or two.
The event could take the form of a denial-of-service attack, a network intrusion or even a physical attack on key network assets, said John Gantz, chief research officer of IDC. Gantz spoke Thursday during a teleconference in which the research company laid out its annual forecast of technology developments for the coming year.
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Microsoft
Computerworld, 12/12/02: Microsoft plugs eight holes in its Java software
By Joris Evers, IDG NEws Service
A serious security flaw in Microsoft Corp.'s virtual machine (VM) found on most Windows PCs could allow an attacker to take over a user's system, Microsoft warned late yesterday. A fixed version of the software is available.
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Big Ideas
Business 2.0, 12/13/02: Does Moore's Law Still Hold True?
The doctrine that computing power doubles every 18 to 24 months has been considered gospel for the past three decades. Now it may be time for a new look.
By Dylan Tweney
You don't have to be a software programmer to be familiar with the principle. Since the early 1970s, Moore's Law -- named after Gordon Moore, one of the founders of Intel -- has been universally touted within the computing industry. The law has many variants, but the gist of it is this: Computing power will increase exponentially, doubling every 18 to 24 months, for the foreseeable future.
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The (London) Guardian, 12/12/02: Weblogs get upwardly mobile
It's the latest trend in weblogging: moblogging - or posting thoughts to your weblog from wherever you might be, via mobile phone or handheld device. Jane Perrone explains
Weblogs have entered the mainstream; a search on Google throws up more than 2.6 million references to them, and the dead tree media are full of stories about them.
So what is the early adopter to do now that weblogs are no longer cutting-edge? Create a moblog.
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Zinc Whiskers
The Inquirer, 12/13/02: Floating zinc whiskers strike at PC systems
Beware the frabjous crystals
By Mike Magee
IT NEVER RAINS BUT it pours in the wonderful and often wacky world of IT.
The latest problem to afflict system administrators, already plagued by continuous Microsoft Windows patch applying is a phenomenon called Zinc Whiskers, according to the Japan Electronics and Information Technology Industries Association.
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