Archive

Sun sees huge year-end charge on goodwill

By : CIOL Bureau

Computer maker Sun has said that it expects a huge year-end charge as it reconsidered the value of its investments and acquisitions in Q2. This could potentially result in a non-cash goodwill impairment charge of up to approximately $2.2 billion.

IBS bags Rs 20 cr contract

By : CIOL Bureau

Kerala-based IBS Software Services has won a Rs 20 crore contract from the air cargo division of Emirates Airways. The software is called ‘Chameleon’ and Emirates Airways, Dubai Airport and Dinata Airlines would deploy it.

Mobile phones will not cause brain cancer

By : CIOL Bureau

A federal court dismissed the testimony and scientific evidence offered by a Maryland doctor, Christopher Newman, who filed an $800 million lawsuit against Motorola Inc., alleging its cellular phone caused brain cancer.

VIA licenses Ericsson bluetooth tech

By : CIOL Bureau

Taiwanese chip designer company VIA technologies has signed a deal licensing Ericsson’s Bluetooth networking technology. Under the agreement, VIA Technologies can access Ericsson’s intellectual property in radio and baseband cores for Bluetooth technology.

Tech firms set up Linux shop for City of London

By : CIOL Bureau

A group of technology firms would be setting up a Linux software services shop in the City of London financial district. The Linux centre will be located at walking distance from the City’s square mile.

EDS considering cost cuts, spin-offs

By : CIOL Bureau

Owing to a weak earnings forecast, Electronic Data Systems is considering cost cutting measures and spinning off divisions. The company is also investigating how it failed to foresee the huge drop in earnings and revenue.

Panasonic to launch its first color screen mobile

By : CIOL Bureau

Panasonic would be soon launching its new GD 68 color-screen mobile phone. The phone would come with a full color display screen, 16 tone polyphonic ringer, enhanced message serving and GPRS.

ViewSonic to sell PDAs on Microsoft’s OS

By : CIOL Bureau

ViewSonic will start selling a new handheld computer featuring the software giant’s Pocket PC operating system. The new PDA would sport Intel 300MHz X-Scale processor, have 32 megabytes of flash memory, a 64,000-color display and a Secure Digital (SD) slot.

Siemens, Motorola silent on telecom swap report

By : CIOL Bureau

Siemens AG and Motorola Inc. declined to comment on a report they would swap the Siemens’ wireless telephone unit for Motorola’s mobile networks business, a deal analysts say would benefit both.

LIC increases holding in HCL Info to 5%

By : CIOL Bureau

LIC has increased its holding in HCL Infosystems to 5.04% of the total share capital. The Insurance giant currently has 16,09,595 shares.

Internet, mobile phones taking off in Africa -UN

By : CIOL Bureau

According to the UN Information and Communication Technologies task force report, the Internet and mobile telephony is taking off in Africa. The number of dial-up Internet subscribers in Africa rose 20 percent over the past 18 months and cell phone activations are on the rise.

CMC to provide end-to-end e-learning solutions

By : CIOL Bureau

CMC is gearing up to strengthen its position in the e-learning domain. The company is in the process of designing e-learning solutions in areas of consultancy, implementation, content development and service offerings.

FORE students develop analytical CRM package

By : CIOL Bureau

Students of the FORE School of management have developed a CRM package that is available at half the price of SAS analytical CRM package. The package has been developed under the guidance of Dr. S Chandrasekhar.

Gaming industry headhunts Hollywood talent

By : CIOL Bureau

Gaming is serious business and video games are developed by architects or creative and tech-savvy artists. Apart from the techies, the industry is now attracting a lot of talent from Hollywood for sets and visual and sound effects in the games.

Why the search engine isn’t always right

By : CIOL Bureau

Search results on Google may not yield favorable results always. In a recent case, a search query for the term “go to hell,” took the user to the home page of the world’s largest software maker, Microsoft Corp.

Tata Infotech to invest in BPO

By : CIOL Bureau

Tata Infotech has announced its plans to invest in the fast growing business
process-outsourcing segment. Currently its businesses include system
Integration, electro-mechanical contract manufacturing and education services.

Wipro to buy Ericsson’s R&D centers in India

By : CIOL Bureau

Wipro has signed a letter of intent to acquire Ericsson’s Indian research and development centers in Bangalore, Hyderabad and New Delhi. Ericsson has also signed a similar contract with Wipro to purchase its consultancy services.

IT services demand not worsening- HP

By : CIOL Bureau

Surpassing EDS’s warning of declining demand for IT services, HP has declared that although the market has remained tough, it has not witnessed deterioration.

EU approves high-tech chip JV

By : CIOL Bureau

The joint venture between Infineon Technologies, Motorola and Agere Systems called StarCore, has got the permit from the European Commission. The JV would focus on building high-speed number-crunching chips known as digital signal processors.

HP delivers first Linux cluster on Oracle

By : CIOL Bureau

HP ProLiant server has become the first industry-standard server platform to offer enterprise-class performance for a clustered Oracle database in a Linux environment.