Dealbook: After Storm, Wall Street Gets Back To Work

Following a weekend of speculation about how much havoc Hurricane Irene would wreak, the nation’s financial center was largely back to normal.

DealBook: After Storm, Wall Street Gets Back to Work

Backlink: http://feeds.nytimes.com/click.phdo?i=2e123fa00d23d34ee150d31524e05d83

Biggest Data Drive Ever Built By Ibm Can Back Up 60 Copies Of Wayback Machine

A 120 petabyte drive is being built by researchers at IBM's Almaden, California, R&D lab. It will be the largest data repository ever built, and will comprise 200,000 hard disk drives strung together.

The giant data container is expected to store around one trillion files and should provide the space needed to allow more powerful simulations of complex systems, like those used to model weather and climate.

A 120 petabyte drive could hold 24 billion typical five-megabyte MP3 files or comfortably swallow 60 copies of the biggest backup of the Web, the 150 billion pages that make up the Internet Archive's WayBack Machine.

More: Technology Review (via Cliff Pickover).

Biggest data drive ever built by IBM can back up 60 copies of Wayback Machine

Backlink: http://feeds.boingboing.net/~r/boingboing/iBag/~3/2fmtbEjT-RU/biggest-data-drive-ever-built-by-ibm-can-back-up-60-copies-of-the-entire-web.html

DealBook: Bank of America Buys Back $2.5 Billion in Mortgage Debt

The bank agreed to resolve claims with Freddie Mac and Fannie Mae against Countrywide Financial in a deal that may prompt a wave of settlements with other big lenders.

DealBook: Bank of America Buys Back $2.5 Billion in Mortgage Debt

Backlink: http://feeds.nytimes.com/click.phdo?i=07ec6ef2fe6eaafa8eba578c150b1a01

City’s Horse Racing Channel Flickers Back Onto Screens

After days showing nothing but a blue screen, New York City’s cable television channel for off-track betting has again been showing horse races.

City’s Horse Racing Channel Flickers Back Onto Screens

Backlink: http://feeds.nytimes.com/click.phdo?i=d62bfc620b2bebf748f549d765d96db9

City’s Horse-Racing Channel Flickers Back Onto Screens

After days showing nothing but a blue screen, New York City’s cable television channel for off-track betting has again been showing horse races.

City’s Horse-Racing Channel Flickers Back Onto Screens

Backlink: http://feeds.nytimes.com/click.phdo?i=d62bfc620b2bebf748f549d765d96db9

Telenor Won’t Back VimpelCom Weather Investments Bid

Dec. 20 (Bloomberg) -- Telenor ASA, which owns almost 40 percent of VimpelCom Ltd., won’t back the Russian affiliate’s bid for Weather Investments SpA assets, saying the move won’t help the business or investors.

Telenor Won’t Back VimpelCom Weather Investments Bid

Backlink: http://www.businessweek.com/news/2010-12-20/telenor-won-t-back-vimpelcom-weather-investments-bid.html

DealBook: Pulling Back the Curtain on Fraud Inquiries

As Attorney General Eric H. Holder Jr. promotes his crackdown on financial fraud, it's worth looking critically at who is being singled out and why that might be.

DealBook: Pulling Back the Curtain on Fraud Inquiries

Backlink: http://feeds.nytimes.com/click.phdo?i=663206939d9e87f25f65d6928581e32e

Publishers Fight Back With a Communal Digital Newsstand

Eight leading dailies and weeklies in France are trying to create a single online portal.

Publishers Fight Back With a Communal Digital Newsstand

Backlink: http://feeds.nytimes.com/click.phdo?i=ea10d994a9afa3ddc12d39adbfcc188c