Reuters - U.S. banks Mellon Financial Corp. and Wachovia Corp. are finalists in the bidding for Boston-based fund manager MFS Investment Management, a unit of Canadian insurer Sun Life Financial Inc. , people familiar with the situation said.

TechWeb - Social-networking sites could give hackers a backdoor into corporate IT platforms and databases, according to a study released Wednesday by CA and the National Cyber Security Alliance.

TechWeb - The government paid inflated prices for software and services between 1997 and 2005 due to false information provided by PeopleSoft, according to the Justice Department.