GM CEO Fritz Henderson announced last night that Pontiac will be shut down indefinitely. Executives say that the move is just the first in many drastic measures needed to help the company survive the recession.
Pontiac is scheduled to be shut down next year after inventories are eventually cleared. This news comes as a surprise to many analysts who know that Pontiac was GM’s third best selling make. Other GM subsidiaries like Saturn, Saab, and Hummer are also on the razors edge as they too may be downsized or closed completely. The reason why Pontiac was chosen for the axe was …read more

In a report entitled “Securing Cyberspace in the 44th Presidency,”  the US Commission on Cybersecurity is said to recommend the setting up of a Center for Cybersecurity Operations to protect military, government, and corporate electronics from criminals and other nations. Support from the US President-elect Barack Obama in establishing the new body is not doubted because he earlier pledged the appointment of a “national cyber advisor” if elected.
Following in an excerpt from the Business Week article:
The report calls for the creation of a Center for Cybersecurity Operations that would act as a new regulator of computer security in both the …read more