A former computer contractor for the City of Newark has admitted he cheated technology giant Cisco Systems of several million dollars. In pleading guilty Wednesday to mail fraud and tax evasion, Michael Kyereme admitted he fraudulently obtained computer parts from Cisco and then resold them.

The 41-year-old Piscataway man faces up to 20 years in federal prison when sentenced in November. He remains free on $500,000 bond. When arrested in March 2007, authorities said Kyereme cheated San Jose, Calif.-based Cisco of more than $10 million, but no figure was specified Wednesday.

Source: MercuryNews

Note:  I will be upgrading day 1.  I can't stand the  EDGE network.  The name serves it right because everytime I use it, I feel like I am on the edge of the network. 

The 8-GB 3G iPhone will only cost customers $199 if they sign up for a two-year contract, AT&T said Tuesday. AT&T also revealed voice and data plans and what customers need to do to be "iReady" when Apple's 3G second-generation iPhone hits the streets July 11. "We can't wait to offer iPhone 3G to our customers, and we want to make sure the buying process is as easy as possible," said Ralph de la Vega, president and CEO of AT&T's wireless unit, in a statement. "Considering all the great new features of iPhone 3G, we think our pricing and monthly plans present a tremendous value for consumers and businesses alike."

Tandberg today introduced a new video VoIP phone for mass enterprise deployment. Replacing the standard office phone, the E20 combines CD quality audio with DVD quality video to deliver the desktop video phone for businesses at an affordable price. Designed with the user in mind, the five-megapixel high resolution camera positioned at eye-level provides a head-on image that eliminates the “nose view” typical of currently available video phones. With the 10.6 inch LCD widescreen, users can clearly see facial expressions and read body language.