Archive for December, 2007

Cyprus and Malta gear up for euro launch

Monday, December 31st, 2007

“We are optimistic that the adoption of the euro will create more favourable conditions leading to a solution that will actually reunite Cyprus, its economy, territory, institutions and society at large.”

The tiny Mediterranean islands of Cyprus and Malta began the final countdown on Monday to bid farewell to their national currencies ahead of their entry into the eurozone on January 1. Cyprus pounds and Maltese … via Raw Story

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FCC clears way for ION Media buyout 6:17PM ET

Monday, December 31st, 2007

“We do not know the identity of the investors in this particular fund, and we do not know how this fund has treated other companies it has owned in recent years”

Government regulators on Monday cleared a private equity group’s buyout of television station operator Ion Media Networks, denying an investor complaint that would have stopped the transaction. via BusinessWeek

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General Motors’ Bob Lutz leads automaker’s vehicle renaissance

Monday, December 31st, 2007

“Product conscience lives at the top ranks of General Motors. The question is has it been institutionalized?”

Before Bob Lutz joined General Motors Corp. as vice-chairman of product development in 2001, the left brain, by most accounts, was dominating the right when it came to making cars. via CBC News

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From human error to hacking, ‘07 set record for data loss

Monday, December 31st, 2007

“A lot of breaches are due to inadequate information handling, such as laptop computers with Social Security numbers on them that are lost”

A look at some major data breaches disclosed in 2007: - Discount retailer TJX Cos. via Arizona Daily Star

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