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IBM

+ - IBM Offshoring Workers Along With Work 1

Submitted by tessaiga
tessaiga (697968) writes "CNN is reporting that IBM is offering its laid-off employees new jobs in India, China, Russia, and other countries. The article describes "Project Match", an effort to relocate qualifying workers to countries where IBM identifies as having "growth opportunities". IBM has laid off over 4,000 workers since January of this year. What makes for a qualifying worker? A hint comes from an IBM company document quoted by CNN: "Only satisfactory performers who are willing to work on local terms and conditions should pursue the jobs.""
Government

+ - MA proposes two year jail term for online gambling

Submitted by tessaiga
tessaiga (697968) writes "The Boston Globe reports that Massachusetts Governor Deval Patrick is trying to sneak a provision to criminalize online gambling. The bill, if passed, would make online gambling punishable by up to 2 years in prison and $25k in fines. Ironically, the provision is buried deep within a bill to allow the construction of three new casinos in Massachusetts to bring more gambling revenue into the state. "If you were cynical about it, you'd think that they're trying to set up a monopoly for the casinos," said David G. Schwartz, director of the Center for Gaming Research at the University of Nevada, Las Vegas. Democratic House representative Barney Frank, who earlier this year introduced federal legislation to legalize regulated online gambling, also criticized the move as "giving opponents an argument against him." Indeed, groups such as the Poker Player's Alliance, who were previously supportive of Patrick's plans to open the new casinos, have already announced opposition to the bill because of the online gambling clause."
The Internet

+ - Mass. governor wants to jail poker players

Submitted by
netbuzz
netbuzz writes "Only online poker players, it must be noted. Gov. Deval Patrick, at the exact same time he is expending all of his newly won political capital on championing three casinos in the Bay State, is also backing legislation that would actually imprison anyone with the audacity to play poker from the privacy of their own Web browser. Says here that the governor will rethink this hypocrisy and change course soon.

http://www.networkworld.com/community/node/21845"
Google

+ - Google to embed ads in YouTube videos->

Submitted by tessaiga
tessaiga (697968) writes "Both the New York Times and the LA Times are reporting that yesterday Google announced plans to cash in on the popularity of YouTube (which it acquired last year) by embedding ads within the videos. From the article:

The ads, which appear 15 seconds after a user begins watching a video clip, take the form of an overlay on the bottom fifth of the screen, not unlike the tickers that display headlines during television news programs. A user can ignore the overlay, which will disappear after about 10 seconds, or close it. But if the user clicks on it, the video they were watching will stop and a video ad will begin playing. Once the ad is over, or if a user clicks on a box to close it, the original video will resume playing from the point where it was stopped. [...] The experiment, which has been quietly underway for several weeks, features ads on videos from Warner Music Group, Ford Models and lonelygirl15. YouTube product manager Shashi Seth said he found that this approach had a higher response rate than traditional display advertising; 75% of those who started to watch the ads kept watching until the end.
Up until now, Google has avoided cluttering YouTube with ads for fear of alienating viewers. Will users accept the introduction of advertising as a necessary evil, or will we see a backlash against this latest move?"

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Businesses

+ - Online money transfer firm NETeller suspends trade

Submitted by
An anonymous reader writes "NETeller, the leading independent online money transfer business, has suspended trading due to two former executives being arrested on Monday. http://www.gambling911.com/ or http://www.thisismoney.co.uk/investing-and-markets /article.html?in_article_id=416479&in_page_id=3.
John Lefebvre and Stephen Lawrence [founders of this hugely successful eProcessing company that handles the micro-transactions for a large number of online gambling websites] were arrested at their homes Monday."

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