A member of the German opposition FDP party said the budget deficit for 2009 will be the biggest ever in Germany’s post-war history and blamed Germany for not doing more to promote savings. Germany will set a new record for debt next year, surpassing even huge 40 billion euros...

Search engine Yahoo is to cut the time it stores personal data from 13 months to three. It is hoping its decision will provide a benchmark for industry. Currently Google stores data for nine months and Microsoft for six months. International data protection officials have been urging firms to...

The UK’s north-south divide is mirrored in IT salaries, according to results from the exclusive 2008 Skills Survey. Techies who earn in excess of £70,001 are a fifth more likely to dwell in the southerly regions of England than in the north-east or west of England, the Midlands or...

Yahoo on Monday launched a massive project to increase activity and advertising on its internet sites through social connections and online applications. The company has been working mostly behind the scenes to build what it calls the Yahoo Open Strategy, but now the strategy’s changes will become evident to...

Users of the world’s most common web browser have been advised to switch to a rival until a serious security flaw has been fixed. The flaw in Microsoft’s Internet Explorer could allow criminals to take control of people’s computers and steal their passwords, internet experts say. Microsoft is investigating...