IT news
Wishtel launches tablets Ira and Ira Thing
26 Mar 2012
Tech Mahindra - Mahindra Satyam merger: marriage made in heaven, honeymoon to start
By By Jagannadham Thunuguntla | 21 Mar 2012
Apple’s hot new iPad overheats during use
21 Mar 2012
Users and technology equipment review sites said the newest iPad was becoming physically hot to touch during use, specifically in the lower lefthand corner.
Tech Mahindra, Mahindra Satyam to merge at a swap ratio of 2:17
21 Mar 2012
Shareholders of Mahindra Satyam, the erstwhile Satyam Computers, will get 2 shares of face value Rs10 each for every 17 Mahindra Satyam shares.
Apple to reward investors with dividends, stock buybacks
20 Mar 2012
Apple announced yesterday that it would start the process of liquidating its cash pile to shareholders by way of dividends and stock buybacks, at a cost over $10 billion a year over the next three years
Vista Equity Partners to acquire Misys for £1.27 bn
19 Mar 2012
British banking software services firm Misys today agreed to be acquired by Vista Equity Partners for £1.27 billion ($2 billion), after its Swiss rival Temenos backed out from merger talks
Apple stock touches $600, adds $253 bn market value after Steve Jobs
16 Mar 2012
With a market capitalisation of $347 billion, Apple is worth more than all the 32 Eurozone banks, which were last month collectively valued at $340 billion
112 government sites hacked in the last three months: Sachin Pilot
By By Ravi Kunder | 15 Mar 2012
Foreign analysts wonder why the Indian government does not involve its top tier IT professionals, recognised as among the world's best, in providing security against foreign hackers By Ravi Kunder
SalesCrunch makes audacious $1 bid for Cisco's WebEx
14 Mar 2012
SalesCrunch, a two year-old internet meeting platform, has offerred to buy WebEX from Cisco for $1 plus a 15-per cent stake in itself
Google pushing developers to use Google Wallet
10 Mar 2012
Insight Venture to acquire Quest Software for $2 bn
10 Mar 2012
Insight, which raised over $5 billion to invest in the software and internet verticals, will pay a premium of 19 per cent to Quest's closing stock price
`Watson’ to help IBM, Citi offer solutions for finance industry
07 Mar 2012
IBM expects Watson, which understands and processes natural language, consults vast volumes of unstructured information, and accurately answers questions with humanlike cognition to help it generate billions in new revenue by 2015
Yahoo mulling major job cuts: report
06 Mar 2012
Yahoo is considering a major restructuring including the elimination of thousands of jobs, as part of its new CEO Scott Thompson's plans to recover the glory of the stumbling internet giant
Cloud Computing to create 2 mn jobs in India; 14 mn globally:Microsoft-IDC study
06 Mar 2012
According to the study, the revenues from cloud could reach $1.1 trillion a year by 2015 from $400 billion in 2011