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Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

July 7, 2011

Apple seeks ban on import of Samsung devices in US


NEW YORK: Apple Inc has filed a US trade complaint to block Samsung Electronics Co from importing a variety of electronic devices, less than one week after Samsung sought to stop imports of Apple's popular iPads and iPhones. 
The complaint filed with the US International Trade Commission in Washington, DC escalates a patent infringement battle also being waged in South Korea, where Samsung is based

The complaint filed with the US International Trade Commission in Washington, DC escalates a patent infringement battle also being waged in South Korea, where Samsung is based. 

Apple began the fight, contending in an April 15 complaint filed in a San Jose, California federal court that Samsung's Galaxy line of tablets and mobile phones infringed several patents and "slavishly" copied its iPads and iPhones. 

"Samsung chose to copy Apple, not to innovate," Apple said in a July 1 court filing. It said Samsung is trying to trade off Apple's popularity by calling products, such as the Galaxy Tab 10.1 tablet and Galaxy S 4G smartphone, "just like an iPad" or "just like an iPhone." 

But Samsung countered that Apple infringed five patents, and on June 29 asked the ITC to block imports of such products as the iPhone 4, iPad 2 3G and iPod Touch. 

A copy of Apple's ITC complaint was not immediately available but the ITC website shows that one was filed. The ITC is an independent federal agency overseeing trade disputes. 

Apple, a lawyer for Apple and a lawyer for Samsung did not immediately respond to requests for comment. 

Galaxy products use Google Inc's Android operating system, which competes with Apple's mobile software. 

Apple had in 2010 been Samsung's second-largest customer, accounting for $5.7 billion of sales tied mainly to semiconductors, according to Samsung's annual report. 

Sony Corp is Samsung's largest customer. Last week, Apple asked the San Jose court for a preliminary injunction to block imports of infringing products. 

Apple is based in Cupertino, California, and Samsung in Suwon City, South Korea. Apple's complaint is In re: Certain Electronic Digital Media Devices and Components Thereof, US International Trade Commission, No. 2827. Samsung's complaint is In re: Mobile Electronic Devices, Including Wireless Communication Devices, Portable Music and Data Processing Devices, and Tablet Computers at the same agency, No. 2824. 

June 30, 2011

Skype introduces video calling for Android


London: Skype, which is being bought by Microsoft for $8.5 billion, introduced a new service on Thursday allowing users of Android phones to make free video calls to Skype contacts, including those on Apple iPhones.
The company whose name became synonymous with Internet calling in the mid-2000s said its updated Android app would initially support video calling on selected HTC and Sony Ericsson Phones, with more to follow soon.

"We are committed to bringing Skype video calling to as many platforms as possible," Skype's product and marketing chief Neil Stevens said in a statement.
The move will help makers of phones based on Google's Android software compete with Apple's FaceTime video-calling service launched last year for the iPhone and now available on its iPad 2 tablet and Mac computers.
Video calling could also help new Skype owner Microsoft promote its Windows Phone smartphone platform, which it is merging with Nokia's in an effort to become competitive with Android and Apple.
Skype had an average of 145 million connected users per month in the fourth quarter of 2010. Together, they made 207 billion minutes of calls in 2010, about 42 percent of which was video calls.
Mobile video calling is in its infancy, but the fixed-line Internet calling market grew 12.6 percent to $17.3 billion last year, according to UK-based telecoms research firm Point Topic.
With the new Android Skype app, users will be able to make free one-to-one video calls between Android phones, iPhones, Mac computers, Microsoft Windows PCs and televisions.
The first Android handsets to support Skype video calling are the HTC Desire 5, Sony Ericsson Xperia neo, Sony Ericsson Xperia pro and the Google Nexus S.

Google stops Google+ social network invitations


San Francisco: Google Inc stopped inviting users to join its new social network less than 48 hours after beginning a limited rollout of the service.

Google Senior Vice President of Engineering Vic Gundotra said the company had "shut down invite mechanism" for the Google+ service for the night, in a note he posted on Google+ on Wednesday evening.
"Insane demand. We need to do this carefully, and in a controlled way," Gundotra wrote.
Google unveiled Google+ on Tuesday, marking the company's boldest move to take on Facebook, the world's No.1 social networking company. The new Google+ service follows a string of failed attempts by Google to crack the social networking market with products such as Google Buzz and Wave.
A Google spokeswoman declined to say whether Google had resumed inviting people to join Google+ on Thursday or to specify what caused the suspension of invitations.
"We launched Google+ in a Field Trial in order to test the product out and gather more feedback," Google said in an emailed statement.
"As part of the Field Trial, we may open and close Google+ to new users at any time. We're thrilled so many people are interested in trying out a new approach to online sharing."

Google+ Project: It’s Social, It’s Bold, It’s Fun, And It Looks Good — Now For The Hard Part


Last night, you may have heard talk of a mysterious black bar appearing on the top of Google.com. Or you may have even seen it yourself. No, you weren’t hallucinating. It was a sign of something about to show itself. Something big. Google+.

What is Google+? It’s the super top-secret social project that Google has been working on for the past year. You know, the one being led by General Patton (Vic Gundotra) and General MacArthur (Bradley Horowitz). Yes, the one Google has tried to downplay as much as humanly possible — even as we got leak after leak after leak of what they were working on. Yes, the one they weren’t going to make a big deal about with pomp and circumstance. It’s real. And it’s here.
Sort of.
You see, the truth is that Google really is trying not to make a huge deal out of Google+. That’s not because they don’t have high hopes for it. Or because they don’t think it’s any good. Instead, it’s because what they’re comfortable showing off right now is just step one of a much bigger picture. When I sat down with Gundotra and Horowitz last week, they made this point very clear. In their minds, Google+ is more than a social product, or even a social strategy, it’s an extension of Google itself. Hence, Google+.
How’s that for downplaying it?
“We believe online sharing is broken. And even awkward,” Gundotra says. “We think connecting with other people is a basic human need. We do it all the time in real life, but our online tools are rigid. They force us into buckets — or into being completely public,” he continues. “Real life sharing is nuanced and rich. It has been hard to get that into software,” is the last thing he says before diving into a demo of Google+.
What he proceeds to show me is a product that in many ways is so well designed that it doesn’t really even look like a Google product. When I tell Gundotra and Horowitz this, they laugh. “Thank you,” Gundotra says very enthusiastically. Clearly, they’ve put a lot of work into both the UI and UX of Google+.


The first thing Gundotra shows me about Google+, and the first thing you’re likely to interact with, is something called “Circles”. You may recall that talk of this feature leaked out a few months ago — though it wasn’t exactly right. In fact, our story from months prior about a feature of Google +1 (the name of the network at the time which ended up being the name of the button — more on that in a bit) called “Loops” may have been a bit closer. That is, Circles isn’t actually a stand-alone product, it’s a feature of Google+ — an important one. “It’s something core to our product,” Gundotra says.
It’s through Circles that users select and organize contacts into groups for optimal sharing. I know, I know — not more group management. But the truth is that Google has made the process as pleasant as possible. You simply select people from a list of recommended contacts (populated from your Gmail and/or Google Contacts) and drag them into Circles you designate. The UI for all of this is simple and intuitive — it’s so good, that you might even say it’s kind of fun. It beats the pants off of the method for creating a group within Facebook.
Gundotra realizes that many social services have tried and failed to get users to create groups. But he believes they’ll succeed with Circles because he says they’re using software in the correct way to mimic the real world. More importantly, “you’re rewarded for doing this,” he says. How so? A big feature of Google+ is the toolbar that exists across the top of all Google sites (yes, the aforementioned black one). Once your Circles are set, sharing with any of them from any Google site is simple thanks to this toolbar.
Speaking of this black toolbar, which was codenamed the “Sandbar” as Google was working on it, Horowitz explains that it arose from the fact that sharing models on different sites are all different. The toolbar is an attempt to unify them. This toolbar will exist across all Google properties (though it may take some time to fully roll out). And down the road, you can imagine browser extensions, mobile versions, etc. But again, we’re on step one here.


Next, Gundotra showed off a feature called “Sparks”. He was quick to note that even though it’s a search box, this is not some sort of new search engine. Instead, he calls is a “sharing engine”. “Great content leads to great conversations,” he says. With Sparks, you enter an interest you have and Google goes out and finds elements on the web that they think you’ll care about. These can be links to blog posts, videos, books — anything that Google searches for. If you find something you like, you can click on an item to add it to your interest list (where it will stay for you to quickly refer to anytime you want). Or you can see what others are liking and talking about globally in the “Featured interests” area.
“Our goal here is to connect people. And everyone has a camera in their pocket,” Gundotra says as he shows me “Instant Upload”. This feature of Google+ relies on the use of an Android devices to take photos or shoot video. From a new app, you’ll do either of these things and the content will automatically be uploaded to Google+ in the background and stored in a private album (which you can share with one click later).
Another feature of Google+ is called “Huddle”. It’s essentially a group messaging app that works across Android, iPhone, and SMS to allow you to communicate with the people in certain Circles. When I asked why they wouldn’t just use Disco, the group messaging app that the Slide team within Google built, Horowitz would only smile and pretend that he didn’t know what I was talking about.
Finally, there’s a feature called “Hangouts”. “Everyone has high-speed networks these days, but how many use group video chat?,” Gundotra asks. “Not a lot.” He notes that while there are technical challenges, and some cost money, the biggest problem is that it’s socially awkward to video chat with someone. The Google+ team set out to fix this by thinking about neighbors sitting out on porches. If your neighbor is sitting there, you know that they’ll likely be interested in striking up a conversation. In fact, it would be rude for you to walk by and not say anything.
With that in mind, Google+ Hangout attempts to solve the social problem of video chat by making it easy for you to let others know that you’re interested in chatting. And if you’re already chatting with a Circle, everyone else in that Circle will get an alert to come hang out. This works for up to 10 people. And seeing it in action is a bit magical. Gundotra starts a Hangout with some co-workers and as they join, conversations start between multiple people. But the Google+ system is smart enough to focus on who is controlling the conversation in any given minute. This makes the conversation easy to watch. It was almost as if an editor is working behind the scenes, cutting between people.


Even cooler is that you can share a piece of content, like a YouTube clip, and everyone in the Hangout can watch it together while talking about it. It sounds a bit cheesy, but it’s really pretty great.
After the rundown of all of these features, Google+ may sound a bit convoluted. But the key to the project is the attempt to unify everything. This is done via the toolbar (which features a drop-down showing you all of your relevant Google+ activity), but also on the mobile apps (again, Android and iPhone), and, of course, on the web. The Google+ site is the main stream on which you’ll find everything. From here, you can easily switch between all of your Circles, share content with any of them, start a Hangout, look up Sparks, etc.
All of the information flowing through the system does so in real time. As something is shared with you, it appears at the top of your stream. It’s a bit like FriendFeed, in this regard (which I love).
You’ll also find a link to your Google+ Profile, which will replace your old Google Profile if you have Google+ enabled. On this profile you’ll find not only a stream of everything you’ve shared across Google+, but also your +1 content. That’s likely important. While there has been plenty of speculation (by myself and others) that the +1 Button is already a dud, the larger picture is still a bit hidden. While Gundotra and Horowitz declined to specifically talk about it too much, you’ll see a +1 button on all Google+ content — the +1 Button clearly ties deeply into all of this. It is going to be their Facebook “Like” button.
All of this sounds great so far, but what about the downsides? Whether they’ll admit it or not, Google is making a bold and perhaps risky move by attempting to attack social from scratch. What if they flop again?
From the little that I’ve seen so far, Google+ is by far the best effort in social that Google has put out there yet. But traction will be contingent upon everyone convincing their contacts to regularly use it. Even for something with the scale of Google, that’s not the easiest thing in the world — as we’ve seen with Wave and Buzz. There will need to be compelling reasons to share on Google+ instead of Facebook and/or Twitter — or, at the very least, along with all of those other networks. The toolbar and interesting communication tools are the most compelling reasons right now, but there will need to be more of them. And fast.


Speaking of Buzz, one thing that strikes me about Google+ is that it seems a bit like Google Buzz done right. When I asked if Google+ would be the official death of Buzz, Horowitz declined to say, but did note that it was still being decided how those pieces will play together.
And that could be a bigger issue for Google. With much of Google+, they’re simply creating a new layer rather than utilizing Google’s existing services. For example, when you upload pictures to Google+, they don’t just go to Picasa (though they do go there as well), they also reside on Google+. On one hand, that will confuse some users. On the other, it’s quite refreshing to see Google attempt to start fresh with this new project.
What about Twitter, Facebook, or other social integration? Horowitz wouldn’t go into too much detail as it sounds like tie-ins are still being discussed. As I understand it, right now, Google+ will largely be a stand-alone network with some low-level third-party social network integration.
So when can you try Google+? Here’s the thing that will be a kick in the pants to some users: Google is beginning to roll it out today, but it will only be a very limited field trial. You can submit your email address here to be entered into the system and notified as roll-outs continue, but Google says that they have no set time table for a full rollout. Again, this is phase one of what Google hopes to do with Google+, so they’re taking it slow.
“It’s not about one particular project, it’s about Google getting better. We know this is going to take us a considerable amount of time. But we want to make Google better by connecting you with your relationships and interests,” Gundotra reiterates. He declined to state how big the team within Google currently working on the project is, but says that it’s a “decent sized team”.
“Today’s web is about people. To organize the world’s data, you have to understand people,” Gundotra concludes, noting that newly crowned CEO Larry Page has been heavily involved in this project from the get-go.
As it is unveiled to the world, Google+ sounds and looks great. But we’ve seen that before from Google. Now comes the hard part.


Sean Parker interview On Why Myspace then $1.5 billion now ~$30 million ..

With reports of social network Myspace about to sell for ~$30 million, the tech world eagerly awaits the HBS study for why the service, which was bought in 2006 by Newscorp for $580 million and was at some point valued at $1.5 billion (a quote in a Business Week article referred to it as “one of the best acquisitions ever”) ultimately failed.



For those that can’t wait for the inevitable GSB white papers, former Facebook President and Napster co-founder Sean Parker explained why Myspace succumbed to Facebook in an interview with Jimmy Fallon at the NExTWORK Conference in New York.
While the entire interview is a delight to watch, the highlight is when Fallon starts asking Parker about whether Facebook is “it,” (“Is Facebook the end game?”) bringing up the failed Myspace for comparison. Parker answers,
“It’s never the end game. Facebook is now a platform upon which all kinds of applications are being built it’s definitely not it. It would be incredibly presumptuous and self-serving of me to believe that Facebook was the end of history. The only way it could possibly be the end of history is if it becomes some sort of artificial super intelligence that takes over the world.”
Able to put being the possibility that it was victim of some artificial super intelligence aside, at minute 20:54 Fallon asks Parker, “Where did Myspace go wrong?”
“The failure to execute product development,” Parker replies. “They weren’t successful in treating and evolving the product enough, it was basically this junk heap of bad design that persisted for many many years. There was a period of time where if they had just copied Facebook rapidly, they would have been Facebook. They were giant, the network effects, the scale effects were enormous.”
Parker goes on to credit the ingenious move of targeting college kids for Facebook’s eventually market dominance, “Facebook entered the market through college and the reason we went in through college was that college kids were generally not Myspace users. College kids were generally not Friendster users …”
Taking an almost Machiavellian tone, Parker also alludes to the latter social network’s displacement being deliberate, “It was this completely open market and it was a real longshot. Nobody actually believed, outside of us three or four people in Palo Alto, that you could enter the market through this niche market and then gradually through this carefully calculated war against all the social networks become the one social network to rule them all.”
“Carefully calculated war against all social networks” is a very interesting word choice by Parker especially when coupled with the extremely self-aware statement that “if they had just copied Facebook rapidly, they would have been Facebook,” a line which seems like it came straight out of The Social Network.
Well now is as good as a time as any to mark the end of that war; Myspace is selling for comparative peanuts while Facebook is valued at $70 billion. To the victor go the spoils, at least for the moment.

June 27, 2011

Motorola launches Android 3.0-powered Xoom tablet in India

NEW DELHI: Motorola Mobility India Private has launched Motorola XOOM tablets in India. Motorola XOOM is the world's first device powered by Android 3.0 (Honeycomb). 

Motorola Mobility India has launched Motorola XOOM tablets in India

Motorola XOOM is powered by a 1GHz dual-core processor and packs 1 GB of RAM, front- and rear-facing cameras, multi-tasking functionality and the latest Google Mobile services on a 25.6 cm (10.1-inch) widescreen HD display. 

The tablet offers an interactive, customizable homescreen with moveable widgets, notifications and tabbed browsing. 

The latest Google Mobile services include Google Maps and access to over 200,000 apps fromAndroid Market. Motorola XOOM also supports a beta version of Adobe Flash Player 10.2 downloadable from Android Market. The tablet also has a built-in gyroscope, barometer, e-compass, accelerometer and adaptive lighting. Xoom supports up to 10 hours of video playback. 

Motorola XOOM is available in two variants in India -- Wi-Fi and 3G version. While Motorola XOOM Wi-Fi version is available at an MRP of Rs 34,490 and the 3G version has an MRP tag of Rs 39,990. 

Additional specs: 
• Connectivity: 3.5 mm, micro USB 2.0 HS, Corporate Sync, Bluetooth 2.1 + EDR + HID 
• Messaging/Web/Apps: Email (Corporate Sync, Google Mail, POP3/IMAP embedded, Push Email,
Yahoo Mail), WebKit w/ Flash 
• Audio: AAC, AAC+, AMR NB, AMR WB, MP3, XMF 
• Video: 720p capture/1080p playback/streaming, H.263, H.264, MPEG4 
• Camera: 5 MP rear-facing camera with dual LED flash/2 MP front facing camera 
• Memory: Up to 32GB on board user memory, up to 32 GB micro SD removable memory, 1GB DDR2 RAM 

Is the US in denial over its $14tn debt ?

Is America in denial about the extent of its financial problems, and therefore incapable of dealing with the gravest crisis the country has ever faced?

This is a story of debt, delusion and - potentially - disaster. For America and, if you happen to think that American influence is broadly a good thing, for the world.
The debt and the delusion are both all-American: $14 trillion (£8.75tn) of debt has been amassed and there is no cogent plan to reduce it.

The figure is impossible to comprehend: easier to focus on the fact that it grows at $40,000 (£25,000) a second. Getting out of Afghanistan will help but actually only at the margins. The problem is much bigger than any one area of expenditure.
The economist Jeffrey Sachs, director of Columbia University's Earth Institute, is no rabid fiscal conservative but on the debt he is a hawk:
"I'm worried. The debt is large. It should be brought under control. The longer we wait, the longer we suffer this kind of paralysis; the more America boxes itself into a corner and the more America's constructive leadership in the world diminishes."
The author and economist Diane Coyle agrees. And she makes the rather alarming point that the acknowledged deficit is not the whole story.
The current $14tn debt is bad enough, she argues, but the future commitments to the baby boomers, commitments for health care and for pensions, suggest that the debt burden is part of the fabric of society:
"You have promises implicit in the structure of welfare states and aging populations that mean there is an unacknowledged debt that will have to be paid for by future taxpayers, and that could double the published figures."
Richard Haass of the Council on Foreign Relations acknowledges that this structural commitment to future debt is not unique to the United States. All advanced democracies have more or less the same problem, he says, "but in the case of the States the figures are absolutely enormous".
Mr Haass, a former senior US diplomat, is leading an academic push for America's debt to be taken seriously by Americans and noticed as well by the rest of the world.
He uses the analogy of Suez and the pressure that was put on the UK by the US to withdraw from that adventure. The pressure was not, of course, military. It was economic.
Britain needed US economic help. In the future, if China chooses to flex its muscles abroad, it may not be Chinese admirals who pose the real threat, Mr Haass tells us. "Chinese bankers could do the job."
Because of course Chinese bankers, if they withdrew their support for the US economy and their willingness to finance America's spending, could have an almost overnight impact on every American life, forcing interest rates to sky high levels and torpedoing the world's largest economy.
Not everyone accepts the debt-as-disaster thesis.
David Frum is a Republican intellectual and a former speech writer to President George W Bush.
He told me the problem, and the solution, were actually rather simple: "If I tell you you have a disease that will absolutely prostrate you and it could be prevented by taking a couple of aspirin and going for a walk, well I guess the situation isn't apocalyptic is it?
"The things that America has to do to put its fiscal house in order are not anywhere near as extreme as what Europe has to do. The debt is not a financial problem, it is a political problem."
Mr Frum believes that a future agreement to cut spending - he thinks America spends much too big a proportion of its GDP on health - and raise taxes, could very quickly bring the debt problem down to the level of quotidian normality.
'Organised hypocrisy'
I am not so sure. What is the root cause of America's failure to get to grips with its debt? It can be argued that the problem is not really economic or even political; it is a cultural inability to face up to hard choices, even to acknowledge that the choices are there.
I should make it clear that my reporting of the United States, in the years I was based there for the BBC, was governed by a sense that too much foreign media coverage of America is negative and jaundiced.
The nation is staggeringly successful and gloriously attractive. But it is also deeply dysfunctional in some respects.
Take Alaska. The author and serious student of America, Anne Applebaum makes the point that, as she puts it, "Alaska is a myth!"
People who live in Alaska - and people who aspire to live in Alaska - imagine it is the last frontier, she says, "the place where rugged individuals go out and dig for oil and shoot caribou, and make money the way people did 100 years ago".
But in reality, Alaska is the most heavily subsidised state in the union. There is more social spending in Alaska than anywhere else.
To make it a place where decent lives can be lived, there is a huge transfer of money to Alaska from the US federal government which means of course from taxpayers in New York and Los Angeles and other places where less rugged folk live. Alaska is an organised hypocrisy.
Too many Americans behave like the Alaskans: they think of themselves as rugged individualists in no need of state help, but they take the money anyway in health care and pensions and all the other areas of American life where the federal government spends its cash.
The Tea Party movement talks of cuts in spending but when it comes to it, Americans always seem to be talking about cuts in spending that affect someone else, not them - and taxes that are levied on others too.
And nobody talks about raising taxes. Jeffrey Sachs has a theory about why this is.
America's two main political parties are so desperate to raise money for the nation's constant elections - remember the House of Representatives is elected every two years - that they can do nothing that upsets wealthy people and wealthy companies.
So they cannot touch taxes.
In all honesty, I am torn about the conclusions to be drawn. I find it difficult to believe that a nation historically so nimble and clever and open could succumb to disaster in this way.
But America, as well as being a place of hard work and ingenuity, is also no stranger to eating competitions in which gluttony is celebrated, and wilful ignorance, for instance regarding (as many Americans do) evolution as controversial.
The debt crisis is a fascinating crisis because it is about so much more than money. It is a test of a culture.
It is about waking up, as the Americans say, and smelling the coffee. And - I am thinking Texas here - saddling up too, and riding out with purpose.

June 24, 2011

iPhone 3GS price cut to Rs 19,990 only in India !!

NEW DELHI: Yes, you read that right. According to cellphone dealers, Apple is "re-launching" its two-year-old iPhone at a price of Rs 19,990 in India. The move is likely to counter cheap Android smartphones that have flooded the market recently. This particular version of iPhone will come with 8GB internal storage.

June 23, 2011

China's billionaires: Madame Zhou Xiaoguang


Zhou Xiaoguang says that in China women entrepreneurs are entitled to special assistance in starting companies
As a teenager Zhou Xiaoguang hauled a 50kg bag of trinkets around China on night trains selling her wares. Now her company, Neoglory, is the world's market leader in costume and fashion jewellery.

June 20, 2011

10 best tricks of fooling myself to work


In order to be successful, we have to work hard, no matter what. We can’t always be at the mercy of our motivation.

June 14, 2011

Now, a car that can run on all surfaces - All-terrain wonder

Imagine a car that you can drive on sand, ice and even on water. Well, your fantasy may soon become a reality.

A 21-year-old Chinese inventor has come up with a new design for an all-terrain vehicle which can be run on roads as well as on sand, ice and even water.


June 7, 2011

TuneCore CEO: Apple Has Just Monetized Pirated Content

At WWDC 2011, Steve Jobs unveiled iTunes in the Cloud and “one more thing” goodie iTunes Match, a move that TuneCore CEO and founder Jeff Price believes will monetize piracy and reset the music industry.
iTunes in the Cloud will allow users to download any songs purchased in iTunes to all of their devices, at no extra charge (up to 5GB of music). Once the service is launched — likely Monday — any music purchased on iTunes from here will be synced automatically.

June 6, 2011

Facebook employees 'most stressed'

SAN FRANSISCO: Facebook Inc employees are the youngest and most satisfied, and yet the most stressed, among workers at big US technology companies, a survey found. 


May 25, 2011

Twitter acquires TweetDeck for over $40 million

NEW YORK (CNNMoney) -- Twitter has acquired TweetDeck, an application for organizing the display of tweets, for more than $40 million in a mix of cash and stock, according to sources close to the deal. 

May 11, 2011

Microsoft confirms takeover of Skype

Microsoft has confirmed that it has agreed to buy internet phone service Skype.

The deal will see Microsoft pay $8.5bn (£5.2bn) for Skype, making it Microsoft's largest acquisition.

May 3, 2011

Attrition trouble: Infosys to hire more in US, China

MUMBAI: Infosys Technologies Ltd, India's second-largest software exporter, plans to step up hiring in the US, China and other overseas markets as it seeks to check rising employee turnover and boost profit.

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