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1. Commercializing the Cloud - Bits - Technology - New York Times Blog

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   across 01-Aug-2008

   Commercializing the Cloud ^{link »}

   “cloud computing” ^{link »}

   joint cloud research program from Yahoo, Hewlett-Packard and Intel on Tuesday. ^{link »}

   “unparalleled access to massive Internet-scale computing capabilities ^{link »}

   back-to-the-future vision of computing delivered as a service from large data centers ^{link »}

   it was called computing-on-demand — a sort of digital equivalent of an electric utility. ^{link »}

   The cloud centers, analysts note, rely on a technological bedrock of industry-standard server computers and open-source software like Linux, linked together in massive computing clusters ^{link »}

   So it's really "back-to-the-future" move - a kind of
   déjà vu
   We're now at the same point as 20-25 years ago. ^{link »}

   I.B.M. ^{link »}

   Sometimes they come back.
   IBM - The Phantom of the Opera ^{link »}

   tags: aug 08, bits.blogs.nytimes.com.sharedcopy.com

   bits.blogs.nytimes.com.sharedcopy.com/2008/08/01/ · Original page

2. SEC targets 'naked' short selling of Fannie and Freddie - Jul. 16, 2008

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   across 16-Jul-2008
   

   'Naked' short selling occurs when traders sell stocks short without actually owning or borrowing them. The SEC said it will require traders to borrow Fannie and Freddie stocks before selling them short, and they will be required to deliver the stocks at settlement. ^{link »}

   The SEC order prevents the naked short selling of 19 firms in all. In addition to Fannie and Freddie, the order applies to BNP Paribas Securities Corp., ( BNPQF ) Bank of America Corp., ( BAC , Fortune 500 ) Barclays PLC ( BCS ), Citigroup Inc., ( C , Fortune 500 ) Credit Suisse Group ( CS ), Daiwa Securities Group ( DSECY ), Deutsche Bank Group AG ( DB ), Allianz SE ( AZ ), Goldman, Sachs Group ( GS , Fortune 500 ), Royal Bank ADS ( RBS ), HSBC Holdings PLC ADS ( HBC' ), J.P. Morgan Chase ( JPM , Fortune 500 ), Lehman Brothers Holdings ( LEH , Fortune 500 ), Merrill Lynch & Co., ( MER , Fortune 500 ) Mizuho Financial Group ( MFG ), Morgan Stanley ( MS , Fortune 500 ) and UBS AG ( UBS ).  ^{link »}

   tags: jul 08, money.cnn.com

   money.cnn.com/2008/07/16/markets/naked_shortselli · Original page