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In acquiring Merrill Lynch, must Bank of America open source its software?When a company like Bank of America acquires an open-source software-rich Merrill Lynch, does it need to contribute that software back to the open-source community? ... |
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Fed holds rates amid market turmoilThe Federal Reserve kept interest rates at 2 per cent in spite of the financial hurricane raging in global markets. Its decision to hold firm against a rate cut came as the turmoil unleashed by the failure of Lehman Brothers and fuelled by the crisis at AIG again convulsed markets and Morgan Stanle ... |
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Hole in Adobe software allows free movie downloadsA security hole in Adobe Systems' software is giving users free access to record and copy from Amazon.com's video streaming service. NEW YORK--A security hole in Adobe Systems' software, used to distribute movies and TV shows over the Internet, is giving users free access to record and copy from... ... |
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China quake kills 32, destroys 258,000 homesChinese rescue teams carrying tents, quilts and sacks of rice rushed Sunday to reach quake survivors. ... |
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Central banks act to calm marketsThe US Federal Reserve is making available $180bn in extra funding to be pumped into overnight and longer-term money markets following the dramatic escalation of tensions following the collapse of Lehman, the rescue of AIG and the continuing crisis on Wall Street ... |
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SEC Issues Short-Selling RulesThe SEC launched an effort aimed at making it harder for traders to improperly drive down stock prices. ... |
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