The Web 2.0 Summit 2009 is now in full swing, and information technology luminaries are dropping all sorts of awesome insights on the attendees. In case you can’t get to San Francisco right now, here’s a playlist of talks from the summit.
Yahoo! Inc. reported results for the third quarter ended September 30, 2008 and it’s not fun. The search company earned $54.3 million, or 4 cents per share, down by 64 percent from $151.3 million. It was off by 9 cents per share based on projections by analysts.
Because of this, Yahoo! is cutting 10 percent of its employees as part of its plan to implement cost cutting measures towards saving $400 million.
Trusteer has developed software that protects online banking, brokerage, healthcare and retail applications from fraud even if a userâ€™s computer is infected with malware. Several financial services firms, including ING Direct bank and online brokerage Muriel Siebert, have made Trusteerâ€™s Rapport product available to their customers through a free download from their web sites. Trusteer will use the funds for research and development, to add support for additional platforms, expand its fraud analyst teams to serve new customers, and for sales and marketing.