Update - 3: McCain gives an emotional conceding speech in Phoenix and congratulates Obama as Obama crosses the 320 electoral votes mark
Update - 2: Florida goes to Obama. Landslide becomes closer to reality
McCain loses PA (now called by all major news organizations for Obama) and can’t hold OH either, sealing the deal for Obama. With [...]

Despite McCain’s personal gaffe’s, his attempts to vilify Obama by taking things out of context, his campaign rallying divisive forces in the country to win an election and his erratic behavior during the financial crisis, it may be Sarah the Barracuda that may ultimately cost him the presidency. Senator McCain choose Sarah Palin without much [...]

General Colin Powell, the secretary of state for the Bush Administration from 2001 - 2005, today confirmed his endorsement for Barack Obama as the next president of the United States of America.
Powell felt that the recent financial crisis was the final exam that he was looking at for the two candidates. According to the former [...]

The US national debt clock has overflown the digits as the country’s debt has reached $10 trillion. The one and the dollar sign had to be squeezed into the same square. The clock also display’s the amount owed by each citizen of the US, which as of last week stood at $86,017.
The national debt clock [...]

Advanced Micro Devices has announced a reorganization of it’s operations. The manufacturing plants that produce all it’s processors will be spun off as a separate company.
AMD has been going through troubling times as it’s acquisition of ATI has yet to result in synergistic products that can give it an edge over its competitors. Also, AMD’s [...]

The Obama-Biden ticket is continuing strong since last Thursday’s vice presidential debate. The debate clearly belonged to Biden as Palin continued with her folksy ways and choose to avoid answering questions and continued with talking points from her notes. There was lots of winking and references to Joe six pack but nothing substantial on how [...]

Update:
10/03/08 - 4
The House has ok’d the revised bailout bill with a 263-171 vote. President Bush acted quickly and signed the bill providing his approval. The bill will provide money for banks to keep their payroll expenses going and allow them to lend money to each other. What it won’t fix is easy credit for [...]

Sprint’s XOHM mobile broadband service, based on WiMAX technology, is now live and operational in Baltimore. According to Sprint, the 4G network will offer high-speed mobile Internet browsing, social-networking tools, location-centric services and multimedia including music, video and on-demand at download speeds of 2-4 Mbps. This is faster than data rates available on Sprint’s EVDO [...]

Amazon’s MP3 is preloaded as an application in T-Mobile’s G1, the first phone designed on Google’s Android platform. G1 users will be able to purchase DRM-free MP3’s from the store to listen on their phone.
The Amazon partnership is crucial for Google’s G1 to compete with the iPhone, which integrates very well with Apple’s iTunes store [...]

The financial meltdown is having a big impact on online image based advertising revenues. According to a study by the Neilsen group, financial services companies are hurting and cutting down on ad spending.
Compares to the first 2 quarters of 2007, financial services companies have spent 27% less in the first two quarters in 2008, a [...]

The fed is working on, what amounts to the biggest bail out for banks in over a decade. With AIG, Lehman Brothers, Merrill Lynch, Morgan Stanley, Washington Mutual all falling prey to their own practices and a panic stricken economy, the fed and treasury have come together with separate measures to help struggling banks.
The Treasury [...]

Google maps now offers street view on java powered and Blackberry mobile devices. Street View can be launched from any address and if Google has photos in their database from that location, maps will display the street view for the address. Street View can be overlaid on the map or in full screen and also [...]

As HP integrates it’s acquisition of EDS, the company has announced restructuring of it’s combined workforce. HP will shed approximately 7.5 percent! of it’s employees or about 24600 heads. About half of the reductions will occur in the United States. HP says it will provide employees affected by this restructuring program with severance packages, counseling [...]

Intel has announced it’s 6 core Xeon high performance processors based on it’s 45 nm process technology. The Intel® Xeon® Processor 7400 Series, code-named Dunnington, will support up to 6 cores with 16 MB of shared cache memory. The processors come in frequencies up to 2.66 GHz and power consumption as low as 50 watts. [...]

Update: The Dow Jones is down 500 points and closed below 11,000 erasing about $700 billion in shareholder wealth.
In a shocking turn of events over the weekend, financial firm Lehman brothers has filed for federal bankruptcy protection. The news comes within days of Lehman assuring Wall Street and investors of its survival, and putting itself [...]

Research in Motion, the company behind the popular blackberry line of phones, has announced that it will be partnering with Microsoft and TiVo to further enhance it’s mobile services offerings. With the iPhone taking the smartphone market by storm, RIM is rumored to be working on it’s iPhone competitor, a touch screen Blackberry. Meanwhile it’s [...]

Sun Microsystems today released it’s xVM portfolio offering just in time for VMworld 2008 to be held in Las Vegas from September 15th - 18th.
The xVM portfolio includes xVM Ops center, xVM server, xVM Virtual Box and xVM VDI, a comprehensive software offering for server, desktop virtualization and remote management of virtualized infrastructure.

xVM Ops Center [...]

Research in Motion has just announced the first Blackberry flip phone, the Blackberry Pearl Flip 8220. The 8220 smartphone will be available from wireless carriers around the world beginning this fall. In the US, the Pearl Flip will be available exclusively from T-Mobile beginning this fall.
RIM did not reveal pricing for the 8220 and said [...]