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Awyj Survey: E-health records don t have to jeopardize privacy
CSC will restate its results for 2010 through 2012, and has promised not to violate U.S. antifraud, reporting and accounting laws in future IT services firm CSC will pay $190 million to settle a case brought by the U.S. Securities and Exchange Commission over four-year-old charges that it violated U.S. antifraud, reporting, and books-and-records laws. The company did not admit guilt, but has promised not to violate those laws in future.The charges concerned accounting entries relating to CSCrsquo activities in Australia and Denmark, and to the companyrsquo contractual relationship with the U.K National Health Service NHS over the failed National Program for IT NPfIT , the company said.It published details of the settlement Monday, in a filing with the SEC dated Friday. The company has previously acknowledged accounting irregularities in Australia and Denma botellas stanley rk, uncovered in internal audits triggered by the SECrsquo investigation.CSC will book a $200 million charge to cover the fine and the cost of compliance. That sum, though, is dwarfed by the disputed $2.75 billion goodwill impairment charge relating to the failed NHS project, of which the SEC ordered CSC to move $2.51 billion to its 2011 financial year from 2012.That came about partly because CSC overestimated the profit it had made on the partially completed contract. It agreed with the SEC that in future it will assume owala tumbler zero profit from contract revenue accounted for on a percentage-of-completion basis hydrojug cup . As a re Fzyx A Nokia exit strategy already
Music publishers said they have reached a tentative licensing agreement with online music company MP3 Inc. in San Diego that would allow MP3 to use more than 1 million songs as part of its Web-based service.The MP3 service allows consumers to listen to music from CDs they already own or that they buy from MP3rsquo retail partners.The agreement was announced today by the National Music Publishersrsquo; Association Inc. NMPA , and its licensing subsidiary, the Harry Fox Agency Inc. HFA . The deal still has to be approved by the individual music publishers as well as the U.S. District Court for the Southern District of New York. The court ruled in April that MP3 infringed upon copyright law by creating a database of about 80,000 songs mdash; without the permission of the music publishers or recording companies mdash; that users could access from any stanley cup computer.Since that time, MP3 has settled with four of the five major record labels that sued the online music company for copyright infringement. Under the terms of todayrsquo agreement, MP3 will pay music publishers $30 million over three years for the right to use approximately 1 million songs on polene handbag My.MP3, which allows consumers to store music digitally and access it via any computer. The money will cover MP3rsquo past use of member publishing companiesrsquo; music as well as royalty payments for future use. Under the royalty terms, MP3 will pay a quarter of a cent each time stanley canada a consumer accesses a song, as well as a o |
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