Tuesday, September 01, 2009

Raytheon snaps up Internet pioneer BBN; Snow Leopard vs. Windows 7; EBay to sell majority stake in Skype

Snow Leopard vs. Windows 7; EBay to sell majority stake in Skype for $1.9 billion
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Spotlight Story
Raytheon snaps up Internet pioneer BBN Technologies

Having gained fame in the late '60s by building a Defense Department network that would become the Internet, BBN Technologies today is being acquired by one of the nation's leading defense contractors. Raytheon announced this morning that is buying the venerable BBN for an undisclosed sum. Read full story

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U.S. government seeks $5M in H-1B fraud case
The U.S. government filed a new, expanded indictment last week against a New Jersey IT services firm it alleges fraudulently used H-1B visas through a scheme that delivered it millions of dollars in gains.

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Tech Companies Drowning in 'Underwater' Stock Options
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Military set to lay out $42M to develop advanced network prioritization, security technology
BBN, which was bought by defense giant Raytheon today, got almost $11 million to help build self-configuring network technology that would identify traffic, let the network infrastructure prioritize it down to the end user, reallocate bandwidth between users or classes of users, and automatically make quality of service decisions.

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September 01, 2009

TOP STORIES | MOST DUGG STORIES

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IBM ISS X-Force Threat and Risk Report
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