Wednesday, August 22, 2007

Wells Fargo Outage Yesterday

Wells Fargo, the fifth-largest U.S. bank, had an outage of its own on Tuesday, taing down knocked the company's Internet, telephone, and ATM banking services for at least an hour and 40 minutes. Five nines? Not likely.

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Divesting DirecTV Might Cost AT&T 13% or So of Free Cash Flow

A possible move by AT&T to divest DirecTV --a move favored by many financial analysts--could have huge consequences for AT&T’s fre...