An image of NASDAQ trading wall (WEB HOST INDUSTRY REVIEW) — NASDAQ OMX Group ( www.nasdaqomx.com ), the company that owns the NASDAQ stock market system confirmed on Saturday that its network was repeatedly breached by hackers.

An image of NASDAQ trading wall (WEB HOST INDUSTRY REVIEW) — NASDAQ OMX Group ( www.nasdaqomx.com ), the company that owns the NASDAQ stock market system confirmed on Saturday that its network was repeatedly breached by hackers. Though the trading platform was never compromised in any of the attacks, the hackers did manage to infiltrate a service that allows company leaders to securely share private information. NASDAQ OMX Group said that hackers were targeting its application Directors Desk, a managed communication system for corporate boards

An image from Yahoo Finance, charting NaviSite’s stock performance over 6 months (WEB HOST INDUSTRY REVIEW) — Cable television operator Time Warner Cable said on Tuesday that it plans to acquire publicly traded managed web hosting provider NaviSite ( www.navisite.com ) for $230 million. Time Warner said it would pay $5.50 per share for the company, a premium of 33 percent over the company’s February 1 closing price of $4.13 on the NASDAQ. The acquisition would be the cable giant’s first foray into the data center services business, with NaviSite itself representing a broad selection of hosting services, including high-end managed hosting and a variety of cloud services, including cloud storage

An image from Yahoo Finance, charting NaviSite’s stock performance over 6 months (WEB HOST INDUSTRY REVIEW) — Cable television operator Time Warner Cable said on Tuesday that it plans to acquire publicly traded managed web hosting provider NaviSite ( www.navisite.com ) for $230 million. Time Warner said it would pay $5.50 per share for the company, a premium of 33 percent over the company’s February 1 closing price of $4.13 on the NASDAQ. The acquisition would be the cable giant’s first foray into the data center services business, with NaviSite itself representing a broad selection of hosting services, including high-end managed hosting and a variety of cloud services, including cloud storage.

BASKING RIDGE, N.J. , Jan.

Wall Street eyes cloud computing — cautiously While the potential benefits of cloud computing, such as resource flexibility, are appealing to many IT executives, security and regulatory concerns are either limiting or preventing its use by Wall Street financial firms.

Silver Lake Sunday accepted a deal for the purchase a minority shareholding in Brazilian Web hosting firm, Locaweb. The exact details regarding the finances involved were however undisclosed. The minority stake is expected to give the buyout firm, Silver Lake, an opportunity to take advantage of the vast growth opportunities in Brazil, currently the fifth biggest internet market globally.