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Users Taste Yahoo's New Delicious Social Bookmarking
Delicious formally unveils its revamped Web site. The social bookmarking site loads faster and boasts several new design and navigation features that are putting people off at first. It may take some time for users to warm to it. - Yahoo has revamped Delicious, improving its social bookmarking property's loading speed, design and search engine. This incarnation of Delicious will take some serious getting used to, if the discussion forum suggestion comments are any indication. Gone is the annoying punctuation of the site...

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Google Seen Considering Venture Capital Arm Like Intel's
Google Venture Capital? A Google VC? Search giant Google is reportedly considering creating a venture capital arm to scope out prospective investments and acquisitions, as Intel and other Silicon Valley companies have already done. - SAN FRANCISCO (Reuters) Google is considering setting up its own venture capital investment arm, the Wall Street Journal said on Wednesday, citing several people briefed on the discussions. David Drummond, the Internet search leader's senior vice president of corporate development and chief lega...

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GAO: Billions Wasted on Federal IT Projects
More than 400 U.S. government agency IT projects worth an estimated $25 billion are suffering from poor planning and are underperforming, the GAO says in a report. Sen. Tom Carper claims even projects that are performing well are repeatedly rebaselining to cover cost overruns. - WASHINGTON Government agencies are spending billions of dollars on IT investments that are redundant, lack clear goals and are managed by unqualified individuals, U.S. Sen. Tom Carper, D-Del., said July 31. Some of the projects have been delayed for more than a decade and are costing billions ...

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Google Says Video Ads Not in the Cards for Omnisio
Google has no current plans to leverage the video advertising potential of its new Omnisio assets, which have been added to YouTube to provide video annotation and mashup capabilities. - Google has no current plans to leverage its new Omnisio video annotation assets for online video ads, the company claimed. As I noted July 30, Google bought video annotation upstart Omnisio, maker of software that lets users add tags and comments to YouTube videos and mash up other video content...

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Adobe Riding High on the Flash Wave
Adobe is taking its lead with Flash into the enterprise and beyond. Adobe is expressing confidence that Flash can remain the dominant rich Internet application platform even in the face of competition from Microsoft's Silverlight. - NEW YORK Adobe's Flash is the dominant rich Internet application platform and the company is counting on its lead there to keep competitors like Microsoft at bay, as the RIA wars heat up. In a meeting with eWEEK at Adobe's offices here on July 30, Adrian Ludwig, group manager of product marketi...

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Facebook Taps Intel`s Xeon Processors
Facebook is planning to use “thousands” of Intel Xeon processors as the social networking site looks to expand its operations and its data center infrastructure. Facebook plans to use servers that use Intel 5400 series Xeon processors that are built on the chip makers newer 45-nanometer manufacturing process. - Facebook is turning to Intel for the processing power needed to expand its data center infrastructure. In a joint agreement announced July 31, Facebook will use “thousands” of Intel-based servers to expand its business operations and build out its data center infrastructure to meet the needs of cus...

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Motorola Posts Small Profit as Phone Sales Beat Expectations
Motorola narrowly kept its No. 3 ranking in the global phone market ahead of LG Electronics and posted a small quarterly profit after more than a year of disappointing results. Motorola said it sold more mobile phones than expected due to strength in North America. - NEW YORK (Reuters) - Motorola Inc posted a small quarterly profit after more than a year of disappointing results, as it sold more mobile phones than expected due to strength in North America, sending its shares up 13 percent. The company, which narrowly kept its No. 3 ranking in the global phon...

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Ancient Greeks Used Computer to Set Olympics Date
Researchers find that a device recovered in a shipwreck off a Greek island was likely used to set the dates for the first Olympic games. - LONDON (Reuters) - A mechanical brass calculator used by the ancient Greeks to predict solar and lunar eclipses was probably also used to set the dates for the first Olympic games, researchers said on Wednesday. The Antikythera Mechanism was retrieved from a shipwreck off the Greek island of An...

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Symantec Data Encryption Security Strategy Stays the Course
Symantec CEO John Thompson said the company has no plans to get in the encryption business. Symantec will continue its OEM relationship with data encryption vendor GuardianEdge, even as security rivals McAfee and Sophos make acquisitions to bring endpoint encryption inhouse. - Security giant Symantec has no plans to get into the encryption business, regardless of what competitors Sophos, McAfee and SafeBoot have done to acquire the technology themselves. Symantec is committed to its OEM arrangement with GuardianEdge Technologies to provide the encryption technology custo...

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Symantec Profits Rise as Customers Consolidate Security, Storage Vendors
Symantec CEO John Thompson said the poor economy may be helping Symantec as business customers consolidate security and storage vendors. Symantec, the IT security and data storage software giant, reported higher quarterly profit and beat Wall Street expectations as it announced it is signing more large customers. Symantec said it may beat analysts' profit forecasts for the current quarter, which ends Oct. 3. - BOSTON, July 30 (Reuters) - Symantec Corp, the largest maker of computer security and data backup software, reported higher quarterly profit on Wednesday, beating Wall Street expectations, as it signed more large contracts. It also said it may beat analysts' profit forecasts for the current q...

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