Archive

GE steals Honeywell away from United Tech.

By : CIOL Bureau

General Electric torpedoes Honeywell’s merger deal with United
Technologies. Hours after Honeywell announced the $36 billion merger agreement
with United, GE said it would be interested in a possible acquisition.

Google offers low-budget Internet ad service

By : CIOL Bureau

The new service allows advertisers to buy individual keywords that
would ensure that their advertisements appear whenever these words are entered
in a search. The low-cost service is targeted at small and local businesses.

Hitachi plumps for Crusoe chip in laptop

By : CIOL Bureau

Hitachi has said it will use Transmeta’s wonder chip, Crusoe, in
its new laptop. The endorsement comes close in the wake of a number of other PC manufacturers deciding to make the shift from Intel’s microprocessors to
Transmeta’s Crusoe.

Is it the beginning of an exodus?

By : CIOL Bureau

American dotcoms hit a trough in October as job cuts increase to
alarming levels. And, that’s not all. A report says that dotcoms are finding
it almost impossible to hold on to talented employees except at the highest
levels.

Lucent fires CEO

By : CIOL Bureau

Lucent fires Rich McGinn, replacing him with Henry Schacht as CEO
to arrest the company’s downward slide. The decision was prompted by the sharp
slide in its latest quarter profits from $768 million to $600 million.

RealNetworks launches new audio technology

By : CIOL Bureau

RealAudio 8 not only allows Web sites to deliver CD-like audio,
but also helps in reducing the size of the file to half that of a file encoded
with the MP3 format.

SAS gets new identity, renamed Sasken

By : CIOL Bureau

Silicon Automation Systems has been renamed as Sasken Communication
Technologies to reflect the re-alignment in its business focus.

SingTel, Bharti in cable project

By : CIOL Bureau

Singapore Telecommunications and Bharti Enterprises plan to float
a 50:50 joint venture which will set up a $650 million undersea cable network
that would link Singapore with Chennai and Mumbai.

Spice launches two new services

By : CIOL Bureau

Spice Telecom launches Planet Spice, a wireless Internet portal,
and Post Me, a person to person service that promises near instant message
delivery between Spice customers.

Programming with pointers

By : CIOL Bureau

How do you effectively handle different data structures like arrays, linked lists, trees and graphs? Using pointers, a unique concept in C, could be the answer to your problem.

Jumpstartup to invest in product support company

By : CIOL Bureau

Jumpstartup Fund Advisors plans to invest $2 million in a start-up
company that offers support services on IT product usage through chat, voice and
e-mail.

Lexmark profits down 14%, to cut 900 jobs

By : CIOL Bureau

The slide in third quarter earnings force printer manufacturer
Lexmark to resort to a $35 million-$45 million restructuring plan that will
involve 900 job cuts.

Sony to use RealNetworks in laptops, music players

By : CIOL Bureau

While Sony will bundle RealNetworks’ software in its music
players and Vaio laptops, in a quid pro quo gesture, RealNetworks will include
Sony’s ATRAC3 technology in its RealSystem 8.

AVO UPS to tap northern market

By : CIOL Bureau

Switching Electronics, which manufactures the AVO UPS, plans to set
up a production unit in Delhi to cater to one of the most lucrative markets for
computer-related products in India—the North.

Aptech Q3 net rises 68.6%

By : CIOL Bureau

Aptech’s net profit for the third quarter keeps pace with
analysts’ projections at Rs 25.35 crore on total revenues of Rs 157 crore.

Digital India’s Q2 revenues rise 86%

By : CIOL Bureau

Digital India’s second quarter net profit has risen by an
impressive 132% to Rs 13.40 crore on operating revenues of Rs 43.30 crore.

HP retakes No. 3 spot from IBM

By : CIOL Bureau

A Dataquest survey shows Hewlett-Packard pulling ahead of IBM to
emerge as the third largest PC maker in the world. In Q3, HP saw a 40.2% growth in PC shipments to 2.6 million as against IBM’s 2.5 million.

Online education clicks in India

By : CIOL Bureau

Tired of being cooped up in classrooms? Switch over to anytime,
anywhere learning through online education, fast emerging as a hot concept in a nation betting on knowledge industries to create skilled jobs.

SynfoSys to go public

By : CIOL Bureau

SynfoSys Business Solutions plans to raise Rs 2.5 crore through the
public issue for financing the expansion of its development center in Hyderabad and setting up offices in the US, Dubai and Singapore.

Tivoli to implement ESM for NetMagic

By : CIOL Bureau

Tivoli Systems’ Enterprise Systems Management will offer network,
server and Web management and service desk functionality to NetMagic Solutions.