Tuesday, September 20, 2011

Mint Cast: The Popular Ubuntu Derivative:

Episode 83: The Wonderful World of Linux

News & Personal Updates


Main Topic


  • The Wonderful World of Linux:

Tuesday, September 13, 2011

IBM to Acquire i2 and Algorithmics

ARMONK, N.Y., - 31 Aug 2011: IBM (NYSE: IBM) today announced a definitive agreement to acquire i2 to accelerate its business analytics initiatives and help clients in the public and private sectors address crime, fraud and security threats. Financial terms were not disclosed.

With more than 4,500 customers in 150 countries, i2 is a leading provider of intelligence analytics for crime and fraud prevention based in Cambridge, UK with U.S. headquarters in McLean, Va. i2’s clients span multiple sectors globally such as banking, defense, health care, insurance, law enforcement, national security and retail. i2 solutions are currently used by 12 of the top 20 retail banks globally and eight of the top 10 largest companies in the world.

Organizations in both the public and private sectors today are facing an exponential increase in “big data” -- information and intelligence coming from disparate and unstructured sources including social media, biometrics and criminal databases. When it is accessible to the people who need it, this information can be used to anticipate potential problems, make better, faster decisions, and coordinate resources to deliver exceptional service to citizens and customers. IBM Press Releases.
IBM to Acquire Algorithmics

IBM Accelerates Business Analytics into Financial Risk Management
ARMONK, N.Y., - 01 Sep 2011: IBM (NYSE: IBM) today announced a definitive agreement to acquire Algorithmics for $387 million, subject to price adjustments at closing. Algorithmics is a risk analytics firm with operations in Toronto, Canada. Algorithmics risk analytics software, content and advisory services are used by banking, investment and insurance businesses to help assess risk, address regulatory requirements and make more insightful business decisions. Algorithmics is a member of Fitch Group, which is majority owned by Fimalac, a holding company based in Paris, France.

This acquisition expands IBM's business analytics capabilities in the financial services industry by helping clients quantify, manage and optimize their risk exposure across a range of financial risk domains, including market, liquidity, credit, operational and insurance as well as economic and regulatory capital.

Tuesday, September 6, 2011

Linux, Open Source & Ubuntu: Linux Turns 20: Open-Source OS Changes Course of IT History

Link above with Slideshow about Linux today
On Aug. 25, 1991, Linux Torvalds announced a new project on the comp.os.minix newsgroup. He described a "free operating system" that resembled Minix, an operating system based on Unix, and asked for feedback on what people thought worked and didn't work. Torvalds was not aiming high with this project, noting that his new project would be "just a hobby" and not "be big and professional like gnu." Now 20 years later, the OS has exceeded its creator's expectations as it is now available for practically every processor architecture and can power mobile devices, computers, mainframes and supercomputers. The free operating system that Torvalds just gave away to anyone may never supplant Windows or Mac OS X on the desktop, but it is appearing in practically every other computing device, including set-top boxes, cloud servers, social networks, tablets and mobile phones. A vast majority of users may never download the operating system, but the odds are likely they are using a product based on it. Now eWEEK takes a look at some of the biggest achievements of the little operating system over the past 20 years. 

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