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News

• Feds launch cloud security standards program

  Federal agencies will soon have a government-wide security standard for assessing, authorizing and monitoring cloud products and services.

• House prices “severely unaffordable”: AMP

  Australian house prices have been growing at a greater rate than income for a decade, and can now be considered unaffordable in most cities, a survey shows

• Microsoft to help C++ developers leverage parallel programming

  Microsoft introduced this week technology for C++ developers to leverage GPUs (graphics processing units) for parallel programming.

• Linux PHP vs. Windows ASP for Web hosting

  There are three major Web development platforms, all of which have advantages and disadvantages which can impact which platform is best suited for the user's application: Microsoft's ASP.NET/IIS/Windows Server; Linux (or other UNIX clone)/Apache/MySQL/PHP -- most often called LAMP; and Sun Java J2EE.x. When the term ASP is used in this particular context, it is referring to ASP.NET and not ASP, which is a similar but entirely different product.

• AMP-AXA APH merger closes

  AXA APH (ASX:AXA) is now wholly-owned by former rival AMP (ASX:AMP), and AMP will soon sell the Asian assets of the business back to AXA SA

• CSC deploys cloud lifecycle management tool

  Technology company CSC has announced its deployment of a cloud lifecycle management tool in an effort to provide its customers with a self-service web portal aimed at controlling multiple cloud models.
  

• AMP makes new bid for AXA APH assets

  AMP (ASX:AMP) has submitted a new bid for the Aus/NZ assets of AXA Asia-Pacific (ASX:AXA) in a deal valuing the whole of the latter at $13.3b

• AMP dumps Lotus Notes in move to cloud email

  Financial services giant AMP this afternoon revealed that it would ditch its Lotus Notes/Domino installation as part of a shift to Microsoft's Outlook/Exchange platform hosted by CSC Australia.
  

• AMP chooses CSC to move into the cloud

  CSC's heavy push into cloud computing services earlier this year has already paid off, with financial services group AMP this morning revealing it had selected the IT services giant to host its Microsoft-based email and collaboration needs.
  

• Sourcing industry awards announced

  The Sourcing Industry Awards were presented in Sydney this week with AMP and CSC being awarded the "best sourcing relationship" title.

• ASX down 155 points

  Market tumbles 3.5% on negative lead from Europe, US

• AMP CIO gets 21% salary increase in 2009

  AMP’s chief information officer (CIO), Lee Barnett, received a 21 per cent increase in remuneration for the organisation’s 2009 financial year over 2008.

• AMP, AXA raise bid for AXA Asia-Pacific

  The new offer is a 16% improvement on the first, and a 53% premium on AXA's prior trading price

• AXA shares soar in expectation of better buyout bid

  The company yesterday rejected an $11b joint buyout bid from its major shareholder and AMP

• AMP inks $300m contract extension with CSC

  Financial services giant AMP has entered into a revised $150 million outsourcing contract over six-years with IT service provider CSC, with the option for additional services to a total of $300 million.