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TODAY ON iTnews.com.au:

CA committe accuses ex-chairman of fraud

Citigroup Cost Cutting Puts A Bull's-Eye On IT

Businesses Get Serious About Software As A Service

Nokia One-Ups Apple With US$750 Smartphone

Google To Acquire DoubleClick For US$3.1 billion

Evil Trojan twins control most of world's botnets

HP unveils new Edgeline enterprise printers

Apple suffers iTune movie download drop off

IBM boosts efficiency by stacking chips

Dell ups its bet on AMD

MGM lifts curtain on iTunes movies

Monday, 16th April 2007

Headlines

	CA committe accuses ex-chairman of fraud
	Citigroup Cost Cutting Puts A Bull's-Eye On IT
	Businesses Get Serious About Software As A Service
	Nokia One-Ups Apple With US$750 Smartphone
	Google To Acquire DoubleClick For US$3.1 billion
	Evil Trojan twins control most of world's botnets
	HP unveils new Edgeline enterprise printers
	Apple suffers iTune movie download drop off
	IBM boosts efficiency by stacking chips
	Dell ups its bet on AMD
	MGM lifts curtain on iTunes movies

Good morning,

Talk about life on the edge. As part of Citigroup's campaign to cut $10.4 billion in spending over the next three years, the banking giant's tech operations have been slapped with a bull's-eye, the target of big consolidation and offshoring projects in the coming months.

When Steve Jobs announced the iPhone at Macworld in January, eyebrows were raised at the US$499 price tag. In a market where carrier-subsidized cell phones routinely sell for less than US$100, that's a lot of dough. Now, though, Nokia has gone Apple half-again higher, releasing the N95 for a cool US$750.

editor@itnews.com.au

Breaking News

Government/Law

CA committe accuses ex-chairman of fraud
A special committee of the board of directors at computer software company CA accused its founder and former chairman and chief executive Charles Wang of fraudulent accounting and urged legal action, in a report on its investigation released.
By Staff writers

IT Services

Citigroup Cost Cutting Puts A Bull's-Eye On IT
It'll bear much of the cost-cutting brunt. But it'll also be part of creating platforms for greater efficiency.
By Staff writers

Applications

Businesses Get Serious About Software As A Service
Research finds companies using the delivery model for a wider variety of applications.
By Staff writers

Hardware

Nokia One-Ups Apple With US$750 Smartphone
'All-in-one multimedia computer' is packed with features, but will a critical mass of consumers buy into the ultra-high end?.
By Staff writers

Finance

Google To Acquire DoubleClick For US$3.1 billion
Web advertising leader Google said it has agreed to acquire
DoubleClick, a top online advertising network, for US$3.1 billion, beating out other major Internet players with its bid.
By Staff Writers

Security

Evil Trojan twins control most of world's botnets
Sdbot and Gaobot malware groups responsible for 80 percent of botnets.
By Clement James

Hardware

HP unveils new Edgeline enterprise printers
Office inkjet printers at copy room speeds.
By Staff Writers

Applications

Apple suffers iTune movie download drop off
New figures released by Apple suggest that demand for its iTunes movie download offerings is fading.
By Iain Thomson

Hardware

IBM boosts efficiency by stacking chips
IBM says its next generation of microchips will stack components on top of one another to make them quicker and more energy efficient.
By Matt Chapman

Hardware

Dell ups its bet on AMD
Dell is preparing to boost its adoption of AMD processors with the introduction of two new low-energy servers.
By Shaun Nichols

IT Services

MGM lifts curtain on iTunes movies
Dances With Wolves, Mad Max, The Great Train Robbery and Rocky now available
from Apple store.
By Clement James