Open Web ☛ "All of these things are vying for attention and evangelism. Some of them are great, some of them are stupid"

All of these things are vying for attention and evangelism. Some of them are great, some of them are stupid, but they’re all clubbed together under this vague banner of ‘The Open Web’. It sets expectations and demands from developers, who are all the while being wowed by the efficiency and quality of proprietary application frameworks like Flash and Cocoa.

"Stock Selloff May Have Been Triggered by a Trader Error"☛ CNBC

According to multiple sources, a trader entered a "b" for billion instead of an "m" for million in a trade possibly involving Procter & Gamble [PG 60.75 -1.41 (-2.27%) ], a component in the Dow. (CNBC's Jim Cramer noted suspicious price movement in P&G stock on air during the height of the market selloff..)

Sources tell CNBC the firm in question that handled the erroneous trade is Citigroup [C 4.04 -0.14 (-3.35%) ]. The bank said it has no evidence of a bad trade but is investigating the situation

Novarica: Carriers Replace For Growth, Not Efficiency by Insurance & Technology

The reports also found that insurers' core system initiatives more often depend on internal resources for testing and conversion, while relying on vendor resources more heavily during deployment; that most projects take from one to three years, but that some have been completed in as little as six months; and that software license fees average less than 10 percent of the total cost of life/annuity/health projects but closer to a quarter of costs for P&C projects.