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Silverlight 3 available now
Published July 10, 2009, 5:17 am, IT World
Microsoft is holding an event at 10 am PT today to launch Silverlight 3 and Expression Studio 3, but it seems like they've jumped the gun and let Silverlight 3 into the wild a bit early.
Stock futures fall as Chevron warning sparks jitters
Published July 10, 2009, 5:10 am, National Post
U.S. stock index futures pointed to a lower open on Friday after Chevron Corp warned about its second-quarter earnings, raising the specter of a weaker-than-expected second-half economic recovery and anemic corporate profits.
China exec probed for leaking price strategy to Rio
Published July 10, 2009, 5:10 am, National Post
A Chinese steel executive detained along with four Rio Tinto employees is under investigation for leaking China's "bottom line" in iron ore price negotiations, a source with knowledge of the probe said on Friday.
IPeak Networks Secures Series A Financing
Published July 10, 2009, 5:07 am, PR.com
IPeak Networks announced today that Miralta Capital (www.miralta.com), one of Canada’s oldest private equity investment firms, has invested in the company. The Series A round of financing was closed on June 30 2009 to build on success made possible with the earlier financial support of the Ottawa Angel Alliance (OAA, ottawaangelalliance.angelgroups.net) and the Province of Ontario’s Investment ...
Infineon unveils €735m rights issue
Published July 10, 2009, 4:56 am, Financial Times
Infineon , the loss-making German chipmaker, has unveiled plans to raise as much as €735m ($1.02bn) from a rights issue to repay debt, after Apollo Global Management, the US private equity group, agreed to underwrite the issue.
'New GM' ready to exit bankruptcy
Published July 10, 2009, 4:55 am, National Post
General Motors on Friday prepared to exit bankruptcy with the message that a leaner and meaner automaker ready to win back American consumers and pay back taxpayers has emerged from its failure
Oil below US$60 on Friday
Published July 10, 2009, 4:55 am, National Post
Oil prices sank below US$60 a barrel on Friday, poised for their biggest weekly fall since January, as traders focused on economic uncertainty.
Unemployment rises, but less than feared
Published July 10, 2009, 4:40 am, National Post
Canada’s economy lost 7,400 jobs in June, StatsCan said. While this was far less than expected, the unemployment rate rose to an 11-year high of 8.6%.
REALTY BUBBLE
Published July 10, 2009, 3:40 am, New York Post
Long-awaited evidence that the commercial real estate market is about to stumble may finally be emerging. According to newly released data from Real Capital Analytics, some $108 billion worth of commercial real estate is either in default...
Microsoft to release critical Windows fixes next Tuesday
Published July 10, 2009, 3:32 am, IT World
Microsoft on Thursday issued advance notification of six security bulletins – three of which are Windows updates deemed critical – that will be released on July 14.
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