AT&T and Pyxis Mobile have announced an alliance to deliver a suite of wireless products and services for the financial services sector. More »
Global IP network operator Global Crossing has reported a net loss of $70m for the first quarter 2008, compared to a loss of $121m in the same quarter last year, on revenue up 25% at $630m. More »
Management software and services provider Sage has reported a 13% increase in net profit to 84.6m pounds ($165.68m) for the first half, on revenue up 9% at 640m pounds ($1.25bn). More »
Finance firm Coda Group has launched an on-demand accounting system built and run entirely on Salesforce.coms Force.com platform. More »
IT and business process services provider CGI has won a 10-year $115m contract from Key Biscayne, Florida-based residential insurance company Magnolia Insurance to provide back-office services including policy administration, billing and accounting, claims administration, statistical reporting, and statutory accounting services. More »
Computer Sciences Corp has won a seven-year $413m IT outsourcing contract extension from telecommunications company TDC to provide IT infrastructure services. More »
Red Hat has released a middleware management platform to centralize network monitoring and maintenance. More »
CAD/CAM, PLM, and visualization technology provider Autodesk has acquired content-creation software provider Realviz for an undisclosed sum to strengthen its 2D and 3D design portfolio. More »
Database tools provider Embarcadero has agreed to acquire the CodeGear division of Borland Software for $23m. More »
France Telecom has reported a 4% increase in first-quarter revenue to 13.03bn euros ($20.14bn), compared to 12.60bn euros ($16.80bn) in the year-ago quarter. More »

Steven Levy, a journalist from Newsweek magazine, holds the Apple iPhone outside …
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