News Byte

SEC Wasted $1 Million on Data Storage, Report Finds

The Securities and Exchange Commission wasted $1 million on virtual data storage it bought in 2008, the agency’s internal watchdog said, as part an investigation into the agency’s procurement practices, Reuters reported. The investigation was into the agency’s purchase of storage gear from Apple and then later a firm called Cloverleaf Systems that was done through a no-bid contact.

Judge: Google Was Excluded, Microsoft Favored in Federal Contract

Google Apps was prevented from bidding on a big contract with the U.S. Department of Interior, a federal judge has ruled.

Sun Open-Sources U.S. Antibribery Laws

A couple bombshells in Sun Microsystems’s latest 10-Q filing. Seems the company believes it may have violated the U.S. Foreign Corrupt Practices Act, which bans bribery of foreign government officials. Oh, and some of its shareholders are suing to block its acquisition by Oracle.
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