Business

Wednesday, 11 September 2013

IIT grads plead Google to name Android version Lassi

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Google has depended on sweets when it comes to naming the various versions of its Android mobile operating system. With it naming the next version KitKat after a popular confectionery brand, some Indians now believe the next update could be named after one of the two popular Indian desserts.If the efforts of these groups...
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First look: iOS7 shines on new iPhones

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One of the best things about Apple's latest iPhones is the slick new iOS 7software that runs the devices. But that souped-up operating system could end up hurting sales because the free software upgrade will also work on iPhones released since 2010, giving owners of the older models less incentive to buy Apple's newest products. Perhaps...
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Ashok Vemuri to join iGate as CEO

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Ashok Vemuri will join iGate as CEO on Monday, sources close to the development told TOI. His last working day atInfosys is on Thursday, September 12.Nasdaq-listed IT company iGate's share price surged 6.5% to a 13-year high on Tuesday, seemingly in reaction to the imminent announcement of Vemuri as the company's CEO.With...
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Yahoo moves in 4,50,000 email accounts from Xtra

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Yahoo is reportedly moving Telecom's 4, 50,000 email accounts from the troubled site, Xtra to Yahoo's main email platform. Xtra, a joint venture web portal betweenTelecom and Yahoo, has been plagued by problems since 2007. Telecom retail boss Chris Quin had earlier said that he was confident Xtra would be...
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Intel’s new chip Quark to power wearable devices

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 Intel is working on a new line of ultra-small and ultra-low-power microchips for wearable devices likesmartwatches and bracelets, a bid by the company to make sure it will be at the crest of the next big technology wave after arriving late to the smartphone and tablet revolution.The new line of chips, called Intel Quark,...
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IBM to sell its customer care business to Synnex

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IBM said it will sell its customer-care outsourcing business to Synnex for $505 million.Synnex will pay $430 million in cash and $75 million in company stock, giving IBM a stake in Synnex, IBM said in a statement. In 2012 the business, which includes contact centers, generated $1.3 billion of revenue, which is over 1.0%...
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Huawei, PESIT College join hands over cloud SDNs

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Huawei, a global information and communications technology (ICT) solutions provider, recently announced the collaboration between Huawei's Indian R&D Centre and People's Education Society Institute of Technology, in the areas of cloud-based data centre and network optimization for software defined networks (SDN). "Applications...
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Nokia pokes fun at Apple‘s new iPhones

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 Apple has received some back-handed compliments from its rival Nokia for its new iPhones. As Apple's top brass took to stage to unveil company's new iPhones --iPhone 5S andiPhone 5C-- the team managing the official @nokia_UK Twitter ID had some light hearted fun at the company's new devices.The first tweet had...
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Airtel CEO: Trai’s proposal a step in right direction

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Manoj Kohli, Airtel’s CEO, international operations and joint managing director, in an interview to Anandita Singh Mankotia, said the proposals were a step in the right directio...
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BlackBerry cuts jobs in US: WSJ

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Struggling smartphone maker BlackBerry cut several dozen jobs from its US sales team, the Wall Street Journal reported, citing people familiar with the matter.The layoffs are part of rolling job cuts that have been ongoing for several weeks, the people told the paper."I can confirm a small number of employees were laid off today,"...
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Icahn out, Dell looks for new plan

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After a bruising shareholder battle, Dell appears set for a new path under a private equity buyout aimed at reviving the fortunes of the former number one computer maker.A shareholder vote on Thursday appears set to give control of the US tech giant to its founder, Michael Dell, in a go-private deal worth some $25 billion backed...
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Apple to enter internet radio market

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A decade ago, Apple transformed the music business with its iTunes store. Now what the music industry expects from Apple is less of a revolution than a helping hand. Apple's newest music feature, iTunes Radio, will be released September 18 as part of its iOS 7 system update, the company announced. The service is a sleek take...
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