Archive

Christmas boosts Amazon’s German unit

By : CIOL Bureau

Amazon.de, the German unit of Amazon.com, Inc. has had a bumper
Christmas in 2001 with over 100,000 deliveries a day during the busiest days of
the holiday season. Hefty discounts on brand name products have boosted the
sales of many an Internet retailers this season.

Cross-platform development tool chain system launched

By : CIOL Bureau

KPIT Infosystems has launched a cross-platform development
tool-chain for embedded system developers based on GNU open source standard. The
tool chain, "GNU-SH" version 0101, contains C/C++ cross-compiler,
linker and binary utilities and is available for Windows 98/NT/2000 users.

Yahoo on acquisition spree for survival

By : CIOL Bureau

Yahoo after scooping up much of the available traffic on the Web,
is now struggling to make money. It has launched an aggressive strategy to
acquire surviving dot-coms at bargain prices in businesses from job postings to
music. Yahoo now faces the challenge of converting the new partnerships and
acquisitions into profits.

Major Japan chipmakers may build joint plant

By : CIOL Bureau

Eleven of Japan’s major semiconductor makers are looking at
possibilities of a joint company to produce next-generation chips. Japanese
media also reported that the project, the first of its kind, could start
building a plant to produce next-generation chips as early as next year.

India seeks to become world’s back-office

By : CIOL Bureau

A McKinsey study has estimated that e-enabled services could be
worth over half a trillion US dollars globally by 2008. India is aiming to
become "the world’s back-office" with its cheaper, skilled,
English-speaking and IT-savvy workforce attracting a lot of attention.

Ericsson seen meeting cash flow target

By : CIOL Bureau

Ericsson has signed a deal that will ensure a boost in cash flow by
$750 million indicating that the company’s executives may have met their key
goal of positive cash flow to the tune of $1.23 billion in the fourth quarter.

MP’s rural schools get special software

By : CIOL Bureau

To expand computer-enabled education in rural schools of Madhya
Pradesh, especially designed educational software prepared under "Headstart"
will be released by Dr Murli Monohar Joshi, Union Minister. It is reportedly the
first major effort in the country for creating contextualised educational
software in Hindi for rural schools.

Yahoo on acquisition spree for survival

By : CIOL Bureau

Yahoo after scooping up much of the available traffic on the Web,
is now struggling to make money. It has launched an aggressive strategy to
acquire surviving dot-coms at bargain prices in businesses from job postings to
music. Yahoo now faces the challenge of converting the new partnerships and
acquisitions into profits.

The technology saga of the year: Thirst for more

By : CIOL Bureau

Despite a poor year for the markets and most businesses looking down, on the
technology front, innovations, product releases and inventions moved on. Let’s
look at the technologies that clouded 2001 – from Ginger to 3G, broadband to
Bluetooth.

A tumultuous, yet mixed start to the millennium

By : CIOL Bureau

2001 – a year most would like to forget. However, it is imperative that we
look back into a turbulent, slow and challenging year, for there are lessons in
those 365 days. The most talked about topics of the year in the global and
Indian tech sectors? How did they influence the year? Slowdown, layoffs,
antitrust, Dewang and dotcoms – CIOL takes you through them. All that happened
in 2001.

AxsWorld unveils free Internet awareness program

By : CIOL Bureau

AxsWorld has launched two programs, "IT for Masses" and
"e-Associates Program", aimed at educating the common man on the use
and benefits of IT and Internet. The program would be launched across 10 cities
initially and then cover about 100 centers across the country.

Rashi to market new ASUS P4S333 motherboard

By : CIOL Bureau

Rashi Peripherals, a Mumbai based distributor, will be marketing
ASUS P4S333 socket 478 Pentium 4 motherboard in India. P4S333 incorporates the
SiS 645 chipset to latest Pentium 4 processors along with high-bandwidth DDR
memory up to 333 MHz.

SISL launches ‘TeleMaster’ voice logger

By : CIOL Bureau

Siemens Information Systems Ltd. has launched a voice logger called
"TeleMaster" for call centers. It enables a call center to keep
effective record of calls made or received.

AOL worldwide membership surpasses 33 m

By : CIOL Bureau

America Online, Inc. now has more than 33 million subscribers, the
world’s largest Internet services provider said on Friday. AOL said its roll-out
of high-speed access over cable in Time Warner Cable’s 20 largest markets drove
growth, as did the introduction of AOL 7.0 software with advanced high-speed
content.

Computer orders up on low interest rates

By : CIOL Bureau

Demand for computers and electronic products rose two per cent in
November over the previous month as companies seized on low interest rates to
place orders, giving the battered technology sector a shot in the arm,
economists said. The tech sector has been bloodied by recession and a brutal
downturn this year, and a number of large tech companies have warned of a
drawn-out capital spending crunch next year.

Infotech Enterprises: Gaining strength

By : CIOL Bureau

Markets seem to have got a whiff of the developments taking place
at InfoTech Enterprises. The scrip has almost quadrupled on the NSE from around
Rs 100 at the beginning of October 2001 to Rs 358 on December 27, 2001.

The US is out. It is time to move to Japan

By : CIOL Bureau

Pune is increasingly becoming the hot seat for learning Japanese.
This is especially so since the first teacher deputed by the Japanese government
to the city came way back in 1971. And with the IT community of India turning
its focus towards Japan, this activity is expected to open another avenue of
offshore development in India.

ModiCorp shows interest in VSNL

By : CIOL Bureau

Diversified telecoms firm ModiCorp is interested in bidding for the
government’s stake in telecoms giant VSNL after a series of regulatory changes
made it more attractive. The company has approached the Department of
Disinvestment, with a formal intent to acquire shares of VSNL.

Oracle may cut upto 800 jobs

By : CIOL Bureau

Database software giant Oracle Corp. would cut between 400 to 800
jobs, mainly its North American consulting and sales operations. The exact
number of jobs cut will not be known because some of those affected may be
transferred to other areas of the company.

Zee Telefilms to feel the pinch

By : CIOL Bureau

Zee Telefilms Ltd. and its promoters may be tied down for funds
with the Prasar Bharati encashing the Rs 68-crore bank guarantee of Zee’s
erstwhile subsidiary Buddha Films Pvt. Ltd. Buddha Films, which bagged the
domestic airtime marketing rights for cricket matches to be telecast on
Doordarshan between 2000 and 2004 for Rs 450 crore, still owes Prasar Bharati a
sum of Rs 260 crore.