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IBM Guru Sees Clouds On The Horizon

IBM veteran Erich Clementi helped lead the resurgence of the revamped IBM mainframe as general manager of the System z division between 2003 and 2005, now he's leading the all-encompassing cloud computing initiative.

AOL To Cut 2,500 Jobs

AOL management is asking for voluntary redundancies in order to reduce its operating costs by $200 million, but involuntary layoffs will follow if AOL does not hit its target

Microsoft Named As Ally Of Open Standards

At the Web 2.0 Expo, Tim O'Reilly predicts that Microsoft will emerge as a leading proponent of the open Web, despite the company's tradition of fostering its own proprietary operating systems and development languages