:: Headline Watch ::

Sprint Nextel is expected to raise $670 million in cash after selling its cell phone towers to North Carolina-based TowerCo.
According to a mocoNews.net article published in The Washington Post, the company will sell around 3,300 towers and in turn lease them back from TowerCo.
The deal, expected to close within 90 days, will give Sprint Nextel […]

Researchers at the SANS Institute and SRI International have completely revamped the way network blacklists are formulated and distributed, reports ZDNet.
Highly Predictive Blacklisting uses an algorithm that exploits the relationships between networks that have been attacked by similar Internet sources in order to predict future attacks.
The service will be unveiled at Usenix 17th Usenix Security […]

Domestic outsourcing firm Accenture is adding a Green Technology Suite to its services.
Forrester Research predicts that green IT consulting services will be a $4.8 billion industry by 2013. According to InfoWorld, Accenture’s new tools are designed to assist companies in evaluating their environmental standing and offer advice on ways to reduce their carbon footprint.
Accenture has also […]

The world’s second-largest memory chip manufacturer, Hynix Semiconductor, said it will close its only U.S. plant by the end of September, according to an Associated Press story in The Boston Globe.
It blamed changes in production standards and steep price declines for the decision.
The facility, in Eugene, Oregon, employs about 1,200 people. The South Korean company […]

So the mayor got the keys to the city — computer system, that is — but the network administrator accused of locking down the system apparently won’t get out of jail anytime soon, reports The San Francisco Chronicle.
At a hearing to determine whether the $5 million bail set for Terry Childs should be reduced, prosecutors […]