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World IT News

• IBM Supercomputer Bolsters Cancer ResearchTORONTO, ONTARIO--(Marketwire - June 27, 2008) - IBM (NYSE:IBM) today announced the deployment of Canada's fastest research supercomputer at the Ontario Cancer Institute, University Health Network. The new system will aid in the search for more effective cancer treatments. This ground-breaking research analyzes millions of images of proteins. Through automation, high resolution imaging and sophisticated computer-based image classification, researchers are attempting to more quickly identify the structure of disease-related proteins, and thus improve our ability to design new treatments for cancer.
• Titan Trading Analytics Inc. Announces Non-Brokered Private PlacementEDMONTON, ALBERTA--(Marketwire - June 27, 2008) - Titan Trading Analytics Inc. (TSX VENTURE:TTA) (OTCBB:TITAF) ("Titan" or the "Corporation") announced today it intends to proceed with a non-brokered private placement offering of up to 2,000,000 units ("Units") at a subscription price of $0.30 Canadian ($0.30 US) per Unit for gross proceeds of up to $600,000 Canadian. Each Unit will consist of one (1) common share in the capital of Titan and one-half (1/2) of one common share purchase warrant (a "Warrant"). Each whole Warrant will entitle the holder thereof to purchase one common share for a price of $0.40 Canadian ($0.40 US) for a period of twenty four (24) months from closing.
• Shaw Announces 11% Increase in Dividends to $0.80 Per AnnumCALGARY, ALBERTA--(Marketwire - June 27, 2008) - Shaw Communications Inc. (TSX:SJR.B) (NYSE:SJR) ("Shaw") announced today that its Board of Directors has increased the equivalent annual dividend rate to $0.80 on Shaw's Class B Non-Voting Participating Shares and $0.7975 on Shaw's Class A Participating Shares. This represents an increase of 11% or $0.08 per share. Shaw's dividends are declared and paid on a monthly basis and this increase will commence September 29, 2008. Based upon this increase in the dividend rates, Shaw's Board of Directors declared monthly dividends of $0.066666 on Shaw's Class B Non-Voting Participating Shares and $0.066458 on Shaw's Class A Participating Shares, payable on each of September 29, 2008, October 30, 2008 and November 27, 2008 to all holders of record at the close of business September 15, 2008, October 15, 2008 and November 15, 2008, respectively.
• Wi-Fi TV Webcast Today Unveils Details of China Expansion PlansNew Social Network TV Site Coming to China
• Microsoft Deploys IBM iDataPlex in High Performance Computing LabsIBM Bulks Up iDataPlex -- Its First-of-a-Kind Servers Designed Specifically for Internet-Scale Computing -- to Bring Supercomputing Power to the Cloud