On Monday, the employees of the Federal Aviation Administration were made aware that last week, a computer of the agency was hacked, which led to obtaining access to the names and Social Security numbers of more than 45,000 employees and FAA retirees by the hackers.

Via a statement, FAA confirmed, "All affected employees will receive individual letters to notify them about the breach. The FAA is moving quickly to prevent similar incidents and has identified immediate steps as well as longer-term measures to further protect personal information."

Latest confirmation which has come from one Web site's count is that now iPhone and iPod touch users, who are searching to download software from Apple's App Store now have nearly 20,000 programs to choose from.

The news has come from Apptism, an iPhone app activity aggregator, which also says that the on Tuesday, the 20,000th iPhone app was added to the store.

It is quite well accepted fact that social-networking traffic is increasing with every passing day. Monday had lot of things for Technology writers to talk about as Compete. com came out with latest numbers for the month of January.

The results were astonishing as for the first time in a survey; Facebook was in the lead, with nearly 68 million unique visitors, well ahead of the News Corp.-owned MySpace's 58 million in U. S. traffic.

On Tuesday, Search engine major Google Inc. announced new initiative with the aim to lower demand, and the global warming emissions that come from producing electricity. Google will commence using its software skills in order to help users track their home energy usage.

This step taken by the company comes as a part of Google's effort to introduce hundreds of millions of dollars into renewable energy, electricity-grid upgrades and other measures, which will decrease greenhouse gas emissions.

Rate follows GBP higher and clears stops above the market and scores the 1.3000 handle mid-day but fails into the close; likely spillover from weakness in GBP. Stops and active buying over the 1.3040 area traders say; those were the late buyers I think. Rate appears to be ready to close on the 1.2900 handle; holding 1.2980 area in early New York.

Aggressive sellers likely to try and cap above key 1.3030 area; failure to hold 1.2900 today likely to signal a further break back to 1.2700. The dip is a buy opp but be nimble. Cross-spreaders likely pressure as crosses are unwound.

Rate two-way again overnight, opens New York better but reverses into new lows late after Geithner remarks. Technical trade the rule to start the week with cross-spreaders holding GBP firm.

Rate needs to hold above 1.4700 area to keep bulls happy. Statement suggests that the BOE is not happy with a lower GBP. Traders note stops and active buying above the 1.4480 area and the rate rallies to highs above 1.4930 area. Tech resistance now at 1.5000 area likely to cap near term but stops are building above and the 1.5000 handle is a big psychological number.