ITSG News Desk

Recent remarks by Scot Wingo, chief executive of ChannelAdvisor, a Morrisville, N.C. e-commerce consulting firm, at a financial conference indicated that he thought Google would be launching against PayPal later this year. http://webservices.sys-con.com/read/101680.htm Now Google CEO Eric Schmidt has denied this intention in a sort of non-denial fashion, stating that Google does "not intend to offer a person-to-person, stored-value payments system." He did say that the company is developing "payment services (that) are a natural evolution of Google's existing online products and advertising programs." Google has created a subsidiary named Google Payment Corp. One analyst said he believes Google will develop a service to complment its Froogle shopping-comparison service, rather than develop something that could potentially compete with eBay's PayPal across the board fo... (more)

Internet Safety Effort Calls on Los Angeles to Get Net Safe

Microsoft has announced that the Get Net Safe tour, designed to help people learn how to become more safe and secure on the Internet, will stop in Los Angeles for several days, starting today. The multiple-stop tour, with events Nov. 14–16 in the Los Angeles metropolitan area, will give children, teens, parents, business owners and people over 50 the opportunity to participate in unique forums about how to be better protected online. The Get Net Safe tour was created by Microsoft and 10 partner organizations to help raise awareness of computing security and Internet safety am... (more)

Epson and Microsoft Announce a Cross-License of Their Patent Holdings

Seiko Epson (Epson) and Microsoft, have announced a cross-licensing agreement that allows increased mutual access to each company’s respective patent portfolios. The agreement will enable each company to broaden its product offerings and deliver more comprehensive, cost-effective solutions. Terms of the agreement were not disclosed. The expansion of the long-standing relationship between Epson and Microsoft will promote the exchange and implementation of patented technologies in many consumer and business electronics product areas. “With this agreement we can share tech... (more)

HP Introduces New Server And Workstation Systems

HP has introduced new server and workstation systems designed to maintain power efficiency while meeting the needs of high-throughput, data-intensive applications. The new platforms, based on the Quad-Core Intel Xeon 5300 series processors, include HP ProLiant servers, HP BladeSystem server blades and HP Workstations and can improve certain enterprise application performance by 48 percent. HP additionally introduced the HP ProLiant DL320s server, a high-capacity, low-cost, industry-standard server designed specifically for data-rich applications. “Today’s announcement... (more)

IBM's Advanced Analytics to Tackle Property & Casualty Insurance Claim Fraud

IBM has announced that it is putting advanced analytics to work zeroing in on fraudulent and abusive claims in the property and casualty (P&C) insurance industry. The IBM Loss Analysis and Warning Solution is designed to help protect P&C insurance companies from illegal, unethical, or undesirable activities by policyholders, service providers and employees. This is accomplished through a combination of data mining technology, data visualization techniques and a powerful scoring and anomaly discovery engine. According to the National Insurance Crime Bureau, at least 10 percent of al... (more)