Archive for September 18th, 2007
Five years after the Sarbanes-Oxley Act became law, many companies are still struggling to meet regulatory compliance requirements. Indeed, SOX and other regulations are time-consuming, costly, and, for some, a stressful reality of doing business in a post-Enron world.Public companies have spent billions of dollars in efforts to comply with new government regulations over the past five years. This year alone, according to AMR Research, companies will spend $6 billion on technology products for compliance.
There is at least some relief in sight, though. Thanks to the recent changes to SOX, companies and auditors alike now have more flexibility to reassess and even redesign existing compliance practices. It’s an opportunity to ease the burden, according to compliance gurus, by taking a risk-based approach.
Taking a risk-based approach involves determining which aspects of a business need to be included in an audit versus just trying to find everything that could possibly go wrong and including it in SOX controls.
Click here to read the rest of this story on NewsFactor.
September 18th, 2007
What do you get when you cross the producers of hit shows like Thirtysomething and My So-Called Life with MySpace? The answer is Quarterlife, a new online series from Marshall Herskovitz and Edward Zwick.Beyond My So-Called Life and Thirtysomething, the dynamic duo produced Legends of the Fall and Blood Diamond. Now, they’ll try their hand at Web television with the launch of the Quarterlife series on MySpace TV on November 11. The initiative marks the first time a network-quality series will be produced specifically for the Internet.
“This is the most exciting project I’ve worked on in a very long time, and part of that is the level of creative autonomy we can have on the Internet. For better or worse, Quarterlife is truly our own vision,” Herskovitz said in a statement.
Click here to read the rest of this story on NewsFactor.
September 18th, 2007
Sun Microsystems and Microsoft 
, once bitter rivals, are growing ever closer through interoperability agreements that aim to make life easier for their respective customers.On Wednesday, Microsoft and Sun announced a new facet to their relationship: Sun is now a Windows Server OEM. What’s more, Sun and Microsoft will collaborate to facilitate deployment of Windows Server on Sun x64 systems.
“Today’s announcement is another example of Microsoft’s commitment to 64-bit computing,” Bob Muglia, a senior vice president at Microsoft, said in a statement. “The Sun hardware platform is an excellent foundation for Windows-based enterprise solutions.”
Click here to read the rest of this article on TopTechNews.
September 18th, 2007
