Worldwide PC Shipments Grow 3.2 Per cent in Third Quarter of 2011: Gartner

By Vikram Sethi Worldwide PC shipments totaled 91.8 million units in the third quarter of 2011, a 3.2 per cent increase from the third quarter of 2010, according to preliminary results of...

Google’s ‘Automagical’ Quarter

By Sudarshana Banerjee “When I look back over the last quarter, the word that springs to mind is ‘gangbusters”, said Larry Page, announcing the results for Google’s third fiscal quarter. “We had...

Social Media Revenues Worldwide Set To See 41.4 Per Cent YoY Growth

Worldwide social media revenue is on track to reach $10.3 billion in 2011, a 41.4 per cent increase from 2010 revenue of $7.3 billion, according to Gartner. Social media revenue is...

Smartphones and Tablets Drive Nearly 7 Per cent of Total U.S. Digital Traffic

Nearly 7 per cent of the total digital traffic in the country is driven by smarphones and tablets, says comScore. Apple is the still the market leader with its iOS present on...

Facebook For IPad Is Finally Here

By Adam. E. John “Today, its finally here,” writes Leon Dubinsky, an engineer with the company,  on the Facebook Blog. The words are especially appropriate, as the app has been a long time...

RIM Unveils BlackBerry Tag ‘Tap To Share’

Research In Motion (RIM) Co-CEO Jim Balsillie unveiled a new way for BlackBerry smartphone users to connect with one another and share multimedia content during his keynote presentation at the GITEX...

Venture Capital Fund-Raising Continues to Show Signs of Weakness

Venture capital fund-raising was cut in half after the 2008 recession and has yet to rebound in both the U.S. and Europe, according to new statistics from Dow Jones. 32 U.S....

European Commission Gives Go-Ahead To Microsoft-Skype Deal

The European Commission has given the go-ahead to the Microsoft-Skype deal. Brad Smith, General Counsel and Executive Vice President, Microsoft Corporation, called the move an important milestone, and said that the company...

iPhone 4S Pre-Orders – 1 Million In First 24 Hours, And Still Counting

Apple says pre-orders of its iPhone 4S have topped one million in a single day, surpassing the previous single day pre-order record of 600,000 held by iPhone 4. The first day...

Indian ICT Minister Unveils Draft Of Country’s New IT Policy; Invites Comments

Kapil Sibal, the Indian Minister of Communications and IT released a draft of the country’s new National Policy on Information Technology, 2011. “The policy seeks to achieve the twin goals of bringing...

SecondMarket Shareholders Sell $13 Million in Shares on SecondMarket

SecondMarket traded on SecondMarket, as part of its first internal liquidity program. “It was a resounding success” says Barry Silbert, founder and CEO with the company. The secondary transaction was led...

Indian Insurers to Spend $1.8 Billion on IT in 2012

Indian insurance companies will spend $ 1.8 billion on IT products and services in 2012, an increase of 11.7 per cent over 2011 revenue of $ 1.6 billion, according to Gartner....

Best Buy To Hire 200

Best Buy plans to hire more than 200 information technology professionals, with over 100 new positions to be posted in the next several weeks, said the company. The new hires will join...

Non-Compete Clauses May Be Worse Than You Think

A new study of more than 1,000 engineers, conducted by an MIT professor, shows that non-compete agreements come with a high cost for employees: When those workers do shift jobs, roughly...

Oracle Unveils Public Cloud

Oracle announced  the Oracle Public Cloud , a broad set of integrated services that provide customers with subscription-based, self-service access to Oracle Fusion Applications, Oracle Fusion Middleware and Oracle Database, all completely...