SWITCH

A former Credit Suisse Group AG broker used bait-and-switch tactics in fraudulently steering corporate clients into risky mortgage investments they did not want, federal prosecutors said on Friday.

Worldwide sales of network switch, routers took a major plunge of 23 percent in the first quarter to 27 percent in a year-over-year of 2009, according to Heavy Reading’s Carrier Ethernet Switch/Router Quarterly Market Tracker on Friday.

IBM launched new services and programs on Friday to migrating customers from Sun and HP servers to IBM's System z, particularly on the Linux platform.

A new battery switch technology for electric vehicles was demonstrated for the first time in Yokohoma, Japan Tuesday by the company Better Place. The technology consists in a station.

With about three months to go, U.S. regulators say some consumers are still unprepared for the television industry switch to digital broadcasting, which will affect Americans who do not receive their signals through cable or satellite.

With about three months to go, U.S. regulators say some consumers are still unprepared for the television industry switch to digital broadcasting, which will affect Americans who do not receive their signals through cable or satellite.

This is an improvement of more than 800,000 homes since Nielsen reported readiness status at the beginning of February. The Albuquerque/Santa Fe, N.M., market continues to be the least prepared. Some stations switched during the daytime, but an NAB representative said the vast majority that switched Tuesday did so after airing their primetime programing.

The Senate passed a bill on Monday night to delay the nationwide switch to digital TV signals, giving consumers almost four more months to prepare.

As we approach the era of digital television, Nielsen research reports that around 6.5 million U.S. homes would see static on their TV's if the analog shutoff date was today.

President-elect Barack Obama's transition team sent a second letter to Capitol Hill on Friday to re-enforce the push to postpone the nation's scheduled transition to digital-only television.

The digital TV switch may be delayed till June this year if new legislation released Thursday gets approved.

The British Retail Consortium (BRC) has released a new survey suggesting that consumers are switching from credit cards to cash, thanks to the slowdown in the economy.