Igate annouces termination of certain staff from Patni

Patni employees have a bad news to hear this morning and this comes from the Company which is acquiring patni. IGate recently annouced in a filling to SEC (Securities and Exchange Commission of the United States), iGate has pegged the “onetime costs amounting to $14 million ($9.3 million net of tax) relating to the termination of the services of certain employees” post acquisition.

Well i feel this should be an alarming news for the employees of patni and i believe they should take no chance in getting terminated one sad day. This is again a bad move from another company after acquisition in an employee perspective not on management. And also one thing they confirmed is about retention of higher level employees (management).

I always believe there should be a prior notice to employees who may get terminated in future. Or they can still keep the employee with them paying low salary, till he gets an another job with in a limited period of time. Lets see how patni gonna deal with this.

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youtube is the second largest Search engine tool.

Youtube one of the favourite sites to hangout is been ranked as world's second largest search engine. And you know what, this is owned by world's first largest search engine none other than Google. Youtube gradually increased tremondous traffic after it has been aquired by Google. Now what makes it interesting is how is google getting profit out of this as it never declared youtube as a revenue center...


Coming to Youtube it is now completed 6years in the industry and became the second largest search engine and i believe it has lot of potential in this because coming to search engines, Google and youtube differ a lot and Google is being used in all the sectors like education, Information technology, Daily needs, Transport etc but coming to Youtube i guess even it has got diversified sectors to rely upon but it is only related to videos and it still managed to be ranked 2nd in search engines where as it has some tough competetores like Bing, etc.

youtube gets two billion views a day, up 50% since 2009 and in india it has got 20 million unique visitors. I believe Facebook which is the furious competetor for google, helped youtube to increase its traffic a lot. Facebook gained popularity in India mostly on sharing the videos on it publicly and facebook being an famous mobile app in India now, eventually youtube got its popularity through facebook. I believe Facebook missed out this strategy while competing with Google.

If you talk about monetizing on youtube, it has already got Google ads and other brands advertising on the website which can make good money to youtube. Well Well lets see how the other search engines improvise their strategies in bringing up their traffic , nevertheless acquiring youtube was a very good move by Google and it proved that it is worth while.

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whats all about Nokia and Microsoft Deal

Nokia confirmed its partnership with Microsoft which starts a news phase of mobile OS for Nokia. Now the question arises what happens to Symbian and its opensource project MeeGo.Wel Nokia has choseen Windows Phone 7 operating system on its mobile devices as its primary smartphone platform. With this deal, Microsoft Bing and other services are going to be featured on Nokia smartphones.Well what made Nokia to take this step???

Last couple of years , there is a huge competetion by Google and Apple. Specially Google Android is been a serious contendor for its competetors in the market and it has really captured the market to great extent. In the current scenarios Microsoft's windows phone 7 has done very good job in its sales, which may have attracted Nokia and not only market grip but also technical capabilities of window phone 7 os attracted Nokia, i believe.

Well Meego was much expected than what it is at present because Meego was a OS developed with the support of the chip maker giant "Intel". When Nokia says Meego would go down , Intel strongly contended saying it still has much scope and being an Opensource platform it can be much developed.Meego will still use QT where as Nokia developers are going to use Windows tools, Visual studio 2010 and XNA framework.

Now the big question is "what's the future of symbian". Well i see it doesnt have much future when looked on to this deal but still Nokia says it has a franchise model for symbian and it is still planning to release around 150 million symbian based phones in next year. Now i really wanted to look on what all the difference between symbian and Windows phone 7 OS and Android.

With all this happening around Nokia and Microsoft , lets see to what extent Nokia going to leverage the benefits of Microsoft OS and its gonna be a real game for Microsoft to show its capabilites, as it is paired up with one of the biggest mobilephone manufacturers and compete the opensource OS Android.

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Microsoft Windows phone 7 on October 21

Microsoft has annouced the much awaited news "Release of Windows phone 7". Microsoft is ready to launch a wide range of Windows phone 7 devices on October 21. Microsoft is gonna hold many launch events on oct 21 worldwide to launch windows phone 7.

Well they going to showcase their product on Oct 11 in Newyork city. Microsoft devices are going to hit the retails markets of France, Germany, Italy, UK and spain.

This time Microsoft is coming with a bang again i guess after their successful release of IE 9 and Windows 7. They have partnered with London based Radio station to promote this phone and also with twitter and youtube.

.. "This has been one of the most incredible product development efforts I’ve ever been a part of" said Myerson.

I have seen recenlty in a post where Microsoft employees celebrated funeral of iphone and blackberry. They strongly believe this will be one of their best products ever

So all those gadgets freeks and Microsoft lovers, lets wait and watch for the release of this coool Gadget from Microsoft.

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Mahindra satyam back into Recruitements

Mahindra satyam is all set to strike back to the industry , i mean to say they are ready to recruit the fresh talent from the educational institutes.
Yeah after a freez on hiring nearly 20 months now Mahindra satyam has declared looking for 3000 fresh graduates. This is first time that Mahindra Satyam, the new brand entity of Satyam, will visit campuses to hire talent after the Satyam Computer scam erupted in January, 2009.

Its good to hear the company which was almost lost the race is again coming back with a strong message saying it has got enough trust from the existing clients and ready to recruit. At present, the attrition rate is going upto 20 to 30 % and if satyam looks for experience candidates with a decent packages, i guess satyam can bag enough talent with it.

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Internet Explorer Rises And Firefox Falls ???

Microsoft IE is gaining its hold in the market again. Yes the news is out by Net Applications which released its statistics of Browser market share.Internet Explorer extended its usage share gains by another .42% in July, gaining about 1% global share since May.

Well i always felt IE had a better perfomance compared to firefox specially in suporting the applications in hardwards perspective.Firefox has gradually picked up its momentum in getting hold of the market in past few years. BUt in this browser war microsoft has really came back strong with its IE 9. It has got more than 2 million downloads in the initial stage of its release. and received a very good feedback from the users.

Firefox has really got somethign to worry about... its not only about IE but also it needs to look on to the usage of Chrome and safari.Internet Explorer 9, which boasts superior hardware-accelerated speed and strong support for open standards, is yet to be let off the leash. Firefox is also pumping itself up by adding new feature to Firefox 4. The battle will be mighty; one will stand while the others fall.

Well i am going to publish the key differences between IE 9 and Firefox 4 soon.Keep watching :)

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Google App Inventor for Android

Google the internet giant has taken another step in approaching the masses for in developing Andriod software. This can be a really good step by google where i was talking about the major problem which is being faced by Microsoft, i.e Opensource. Google is offering a software tool, that is intended to make it easy for people to write applications for its Android smartphones.

Andriod OS has really picked by the opensource community and as i said always Mobile is the next big thing, sorry its already a big thing :), Google is concentrating more on Mobile technologies. Recently HP annouced the cloud technology which is focused mainly towards the mobile users where user can create some tasks on the cloud and they can use it even with mobiles which arent enabled for internet.

Now Google says the user should be a creater not just a consumer .. sounds cool :).Google wanted to allow its users to create applications on the mobile and then use them. They release free software called Google App Inventor for ANdriod.

The freesoftware called Google App Inventor for Android (http://appinventor.googlelabs.com/about/), has been under development for a year. User testing has been done mainly in schools with groups that included sixth graders, high school girls, nursing students and university undergraduates who are not computer science majors.

“The goal is to enable people to become creators, not just consumers, in this mobile world,”

The interesting fact about this software is, even a non technical user can develop any application on his or her mobile phone just by dragging some code snippets and put them together which results in as a new application :) so simple.

The Google application tool for Android enables people to drag and drop blocks of code —shown as graphic images and representing different smartphone capabilities — and put them together, similar to snapping together Lego blocks. The result is an application on that person’s smartphone.

On user testing of this app, a student created an application which automatically replies to the text messages while driving .. i mean to say "custom messages" like "please do message me iam on driving"... guys i have an idea include Artificial intelligence which starts chatting with your freinds while you perform some other task... :) sounds creepy ha but that day is not too far away i guess.....

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Microsoft Planning for Layoff's?????

Microsoft is an hot topic always, this time it is sad one again... Yes the news is Microsoft is planning for layoff's. This is the news reveiled from zdnet.com.

There are no confirmations yet will this be implemented accross the map or to any specific location only.AS of now they didnt come up with the number but they are expecting somewhere near by 1000.

This is done with the new fiscal year and last time microsoft laid off employess in two rounds and count was nearly upto 5000.

Experts say this is a Strategy by which microsoft can remove highly paid employees and get some newbies at a cheaper price :).

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Is Microsoft stumbling to capture the market?????

Microsoft the software giant has got another hit(i mean a bad one) on its business. Well Microsoft was trying too hard to capture the market filled up with technologies floating around. The classic examples are Microsoft kin, Microsoft bing, Microsoft IE9,Microsoft Windows 7, Microsoft Windows Phone 7 , so on......

what i wanted to say is, Microsoft is trying its best in diversified sectors starting from its own game OS war to browser War and from playstations to Mobile industry. Microsoft’s engineers and executives spent two years creating a new line of smartphones with playful names that sounded like creatures straight out of “The Cat in the Hat” — Kin One and Kin Two.

It is clear that Microsoft wanted to increase the sales of its products which attract the youngsters who look for socialnetworking features and flashy features with the mobiles. But interestingly Kin didnt succeed which Microsoft never expected. This shows Microsoft is poor in providing gadgets for youngsters.

I really dont know why such a big technology company is struggling to produce the gadgets where Apple, Amazo,.Google are succeeded to lot extent. May be it is due to opensource strategy followed by other companies, they are getting succeeded.

The Kins’ flop adds to a long list of products — from watches to music players — that have plagued Microsoft’s consumer division, while its business group has suffered as well through less-than-successful offerings like Windows Vista and Windows for tablet computers.


Steve ballmer has really got a tough job to do here. As Microsoft is totally failed on captalising the changing trends with the market.

In 2008, Microsoft acquired a start-up, Danger, that had built popular mobile phone software, hoping that technology would revitalise its waning phone software business. But Microsoft stumbled as it took longer than expected to create a new product with the technology. In April, Microsoft finally introduced the fruits of this labour when it unveiled the Kin phones.

In contrast, Google, a chief Microsoft rival, also bought a mobile technology start-up — Android. Both Android and Danger were co-founded by Andy Rubin, who joined Google. That sounds cool...

Microsoft, however, has reassigned the Kin development team and put them to work on Windows Phone 7, yet another mobile phone platform, expected later this year.

The basic problem is Opensource is strongly impacting the microsoft's growth.The vast majority of technology start-ups today rely on open-source software.
And so the technology-minded people coming out of college have started learning their craft on free software and betting their careers on non-Microsoft wares.

For example, if young group of entreprenuers want to startup a technology company it will be a tough task to buy Microsoft software and so they opt for open source. Microsoft has tried to court young developers and young companies. In November 2008, it created a pair of programs that give students free access to Microsoft’s business and developer software. In addition, Microsoft allows some start-ups to run their operations on its software at no cost over a limited period.

About 35,000 start-ups have been involved in the program since it began, the company said.

“For the most part, Microsoft has been great to work with,” said Mark Davis, the chief executive of Virsto, a software start-up that received aid from Microsoft. “It’s funny to be in Silicon Valley and say that.”

Others, however, laugh at the idea that Microsoft requires the start-ups to meet certain guidelines and jump through hoops to receive software, when its free software competitors simply allow anyone to download products off a Web site with the click of a button.

BUt Microsoft has to seriously think upon their startegies to hold the grip on the market. I believe they are trying too many ways to gain the grip but i believe such a technology giant doesnt need too much of diversified plans to penetrate into markets. All they need to do is look onto their conditions, strategies and plan. Thats it... i can say that's is bcz its easy to say but i know its very tough to do :)

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HP acquires Palm

HP has completed the Palm acquisition. with this acquisition may be this HP is looking to utilise the technology of Palm with the netbooks, smartphones or more than that. Basically Palm release WebOS in 2009 which is an mobile os which runs on Linux kernal.

But here the interesting part of this acquisition is

Palm will be responsible for webOS software development and webOS based hardware products, from a robust smartphone roadmap to future slate PCs and netbooks. “With HP’s full backing and global strengths, I’m confident that webOS will be able to reach its full potential,” said [Jon] Rubinstein [Former CEO of Palm]"

webOS's graphical user interface is designed for use on devices with touchscreens. It includes a suite of applications for personal information management and makes use of a number of web technologies such as HTML 5, JavaScript, and CSS

webOS includes a feature called Synergy that integrates information from many sources. webOS allows a user to sign in to accounts on Gmail, Yahoo!, Facebook, LinkedIn, and Microsoft Outlook (via Exchange ActiveSync). Contacts from all sources are then integrated into a single list. Calendars from multiple sources can be viewed together or one at a time. For messaging, Synergy combines all conversations with each contact into a single chat-style window.

WebOS is much more pretty than Andriod as per some sources and Well we need to wait n watch for the updates from the market with the new technology choosen by HP.

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Infosys To Reward Its Employees

Infosys going to achieve a huge milestone of its career. Yes its gonna be 30 year old company by this Jul 2 2010. This software giant is going to celebrate this occassion in a way which brings a happy news to its employees too..

To celebrate the occasion, the trustees of the Infy Employee Welfare Trust (an independent trust) have informed the company, that they have decided to distribute the corpus of the trust held in the form of equity shares to the beneficiaries (employees of Infosys Technologies and its subsidiaries).

This is applicable to all the employees who are on the payrolls of the company as of 31st march 2010. and who are not under the notice period and continue to be in the rolls of the company on the distribution date (around second week of August 2010) would be eligible for this distribution.

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Misuse of Unique identity leads to punishment of 1Crore fine!

UIDAI (Unique Identification Authority of India ) has announced its way of punishing the culprits who commits the fraud in usage of this unique identity. This is the highest punishment as per the law


The Authority has proposed strict punishment for certain crimes related to attempts to damage the central database containing biometric information of people, with the highest punishment being Rs 1 crore in fine, coupled with a three-year jail term.

The draft law says that if any person "intentionally discloses, transmits, copies or otherwise disseminates any identity information collected in the course of enrollment or authentication to any person not authorized," he will be punished by imprisonment for a term which may extend to three years or with a fine which may extend to Rs 10,000. In the case of a company, the fine may extend to Rs 1 lakh.

Now the question is, if this unique identity is given to below middle class or even below that.. and if with out knowledge, any person disclosed his information and if the committee comes back and saying they are doing fraud, that would be totally injustise. Bcz they never asker for this process, Govt is throwing this process on to innocent poor public and imagine if they start collecting fines every now and then from different sections of people.

I strictly believe , keeping in mind the population of our nation and different sections of people , they need to come up with different mode of punishment. Even Governing bodies doesnt have such a big fine for the fraud they are commiting and this is totally bad to thrown such huge punishments on to public.

Intitially there gonna be lots of hicups in this process of assinging identity and usage of identity. And if they bring in their law of punishing the people for misusing the card , i think its not gonna work out...

Any ways The Authority has also sought suggestions from the public on the bill, saying, "Comments and suggestions may be sent to lawresponse@uidai.Gov.In or to the UIDAI office addressed to Deepika Mittal, Assistant Director General, Unique Identification Authority of India, 3rd Floor, Tower II, Jeevan Bharti Building, Connaught Circus, New Delhi-110001." The bill would become a law once it has been passed by both the Houses of the Parliament.

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Google acquired Future Predicting company

Google the internet giant comes to news once again with an aquisition of a future predicting company named "Recorded Future". "future predicting COmpany" sounds strange ... Well as said earlier Google policy is to acquire a small company every month and go with bigger acquisitions every 6 months.

The company, Recorded Future, based out of Boston, has developed a data analytics technology that could be used to try to predict future stock market events or even terrorist activity.

On a the company’s YouTube channel it explains:

“Recorded Future allows financial analysts, intelligence analysts, and predictors to organize and aggregate future observations with ease,”

On its LinkedIn page, the startup says it has “some of the top government agencies and trading firms in the world,” according to a February profile in The Boston Globe.

Christopher Ahlberg, co-founder and CEO of Recorded Future, is the founder of business intelligence firm Spotfire, which was Spotfire was acquired by Tibco in 2007, for $195 million in cash. Similar to Spotfire, Recorded Future seems to have operations both in Boston and in Sweden, Ahlberg’s country of origin.

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HCL bags $500 mn Contract from Merck & Co.

HCL tech, the fifth-largest Indian IT giant has bagged an excellent contract from a US Firm. HCL has got contract of $500 mn from Company named Merck which is major pharmaceutical company. Merck has been an HCL client for six years but the deal marks a substantial enhancement of the relationship.

“HCL’s deal with Merck is one of the largest strategic engagements in HCL history. We will add jobs in north Carolina for the project"
Well this is one of the biggest deals in the recent times i guess, as this contract will pan out for 5 years. I see Indian IT giants are picking pretty big deals in the recent times as TCS had a pada deal with UK government is pegged around $600 million although it did attract political backlash. Patni in the mid size space also bagged $200 million deal from the insurance company Universal American.

For the past two years i can see like Indian IT sector was really missing the bigger deals , i mean to say the deals which are near and above $500 mn , the average size of the deals was reduced to $50-$200 million range. But the recent deals from TCS, Patni or HCl can give hope to Indian IT sector is market is still open for the bigger deals.

Well i see HCL is doing a great business, Last year, HCL bagged a $350-million outsourcing deal from media house Readers’ Digest and now it has got much bigger deal than that :-).

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MINDTREE bags first UID project.

Mind tree the Banglore based company has bagged the appl development servics segment of the Nandan Nilekani-headed Unique Identification (UID) project, renamed as ‘Aadhaar’.

Well this multi-crore project will be a fruitful thing to the employees as this has got complete application lifecycle and also supporting the UID application to providie help desk services from the UIDAI’s (Unique Identification Authority of India) Bangalore Technology Centre.

Mindtree will be expected to work as a development partener to build the UID application, in collaboration with the technology team of UIDAI and other stakeholders. It will also be expected to carry out the ongoing services of development and enhancement to the core UIDAI application.

The interesting thing about this bidding is ,Indian software giants like TCS, INFY and HCl has been eliminated as these companies lost out on ‘technical’ grounds.

Other strong contenders for this bid were Accenture and IBM.The final bid placed by Mindtree is 20 crore.

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Novell gets with an $2B takeover offer from Elliot

Novell Inc. shares has gone up to 28 % in a day as Novell has received an unsolicited offer from private equity firm
Elliot Associates LP, a company stockholder, to acquire the Waltham enterprise software company for $5.75 per share in cash, amounting to about $2 billion.

Well Elliot holds about 8.5 percent of Novell Common stock till date and it stated that its acquisition offer constitutes a 49 percent premium over its current value.

The Waltham-based open-source network software company confirmed the proposal in a press release Tuesday and noted that its board of directors would review the acquisition offer.

In a letter to the Novell board of directors, Elliot Associates noted Elliot owns about 8.5 percent of Novell common stock to date.

J.P. Morgan is serving as Novell’s financial advisor, with legal counsel coming from Skadden, Arps, Slate, Meagher & Flom LLP.

to get more details on this click here

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The New Intel Reader

Intel has come up with innovational gadget that is worthfull for the people who are visually challenged or reading-related disabilities. Earlier Amazon Kindle was a gadget which stormed into the market as a best Ebook reader. But now Intel has taken this to new level.

The New intel reader has an digital camera combined with an Intel Atom processor, the Intel Reader allows users to photograph printed text and then listen to the words read aloud by a computer-generated voice.

This has been developed by Intel’s Digital Health Group (the original concept came from an Intel researcher with dyslexia), the new reader costs a steep $1,500.

Intel on its website says that, Intel Corporation has announced the Intel® Reader, a mobile handheld device designed to increase independence for people who have trouble reading standard print. The Intel Reader can assist the estimated 55 million people in the U.S. who have dyslexia or other specific learning disabilities, or have vision problems such as low-vision or blindness, which makes reading printed words difficult or impossible. The Intel Reader, about the size of a paperback book, converts printed text to digital text, and then reads it aloud to the user. Its unique design combines a high-resolution camera with the power of an Intel® Atom™ processor, allowing users to point, shoot and listen to printed text.

Check out the Demo Here

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Dell To acquire Perot Systems For $3.9 Billion

Dell is aiming to strengthen their IT services, this time it is doing so by acquiring a global provider of IT services and business solutions Perot Systems in a transaction valued at approximately $3.9 billion.
Under the terms of the agreement, Dell will commence a tender offer to acquire all of the outstanding Class A common stock of Perot Systems for $30 per share in cash. With this acquisition.

After the acquisition , Perot systems will become Dell services unit and led by peter altabef, the current CEO of Perot systems. At the same time, Dell directors are expected to consider Ross Perot Jr., Perot Systems' chairman of the board, for appointment to the Dell board. Based on current estimates, the transaction is expected to be accretive to Dell's GAAP earnings in its fiscal 2012

Michael Dell said, "We consider Perot Systems to be a premium asset with great people that enhances our opportunities for immediate and long-term growth. "

Michel Dell said This significantly expands Dell's enterprise-solutions capabilities and makes Perot Systems' strengths available to even more customers around the world. There will be efficiencies from combining the companies, but the acquisition makes such great sense because of the obvious ways our businesses complement each other.


"This transaction represents a great opportunity for our company and our associates. Today's announcement is the next step in formalising a relationship that has flourished for some time. When my father founded Perot Systems he envisioned a global information-technology leader. The new, larger Dell builds on that promise and its own successes by taking Perot Systems' expertise to more customers than ever," added Ross Perot Jr., chairman, board, Perot Systems.

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Google sued by BharatMatrimony.com

Google the online search engine Leader has faced a law suit by an Indian Company Consim info. This time the case has been filed against the ads displayed on google search. Consim info. which owns BharatMatrimony.com has filed a case before the Madras High Court alleging that Google has infringed on its trademark by displaying ads directing to its competitors.

They say that when a user types bharatmartimony.com the results were displayed inlcuding the ads which shows about its direct competetors like Shaadi.com, by which the other sites are getting benifited when user wants direct information about Bharatmatrimony. Even this site gets benifited in the same way but what they say is this gonna directly effect their business.They say that Google was not doing the right thing by allowing advertisers to bid for Consim trademarks through its advertising platform, Google AdWords.

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IBM Acquires RedPill Solutions to Boost Analytics Services

IBM announced an agreement to acquire the business of RedPill Solutions, a privately-held company headquartered in Singapore.RedPill provides advanced customer analytics services to businesses in industries such as financial services, telecommunications, technology and hospitality.

Analytics play an important role in enhancing companies work to improve in speed and quality, same is with redpill, Redpill's data models and expertise, developed through the successful execution of multiple analytics project.Analytics services are also an integral part of IBMs Smarter Planet strategy, which helps companies turn information into a strategic asset, make smarter business decisions and better understand the outcomes of those decisions. The transaction further enhances IBMs consumer marketing and risk management capabilities in the previously mentioned industries.

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