Siemens to slash nearly 2,000 jobs
German conglomerate Siemens has planned to slash close to 2,000 jobs at its various divisions in Germany as part of restructuring measures.
These measures are reportedly being taken due to the decline in the market for certain products.
According to the German company, as many as 1,140 jobs could be eliminated till the year end at its Drive Technologies Division. “By the end of 2012, a total of roughly 840 jobs at the Division’s location in Bad Neustadt an der Saale (Germany) are to be cut,” it announced.
Further in a statement, it added, “At the Division’s Erlangen (Germany) location, some 300 jobs are to be eliminated.”
Another 850 jobs would be slashed at the Industry Solutions Division.
Twitter blocked in China
Unconfirmed reports suggest that Twitter co-founder Evan Williams said on Saturday that he has been informed that his microblogging site has now been partially blocked in China. The reports haven’t been confirmed as yet.
On being asked for the official word on the same, Williams said, “That’s what I’ve been told.” He further added that the company hasn’t received any direct or official confirmation.
Williams remarked that China could use a firewall to block access to its service.
When asked about media reports that Twitter was developing ways to get around the firewall, Williams said “We’re not actively developing any way to get around it.” He however stressed, “We’re for the free exchange of information.”
Microsoft profit up 60% to 6.7bn
Microsoft Corp. said on Thursday that the company’s earnings in the most recent quarter jumped as mush as 60 per cent. The earnings have reportedly been boosted by the rebound in personal computer sales.
During the holiday shopping season back in 2009, the sales of PC industry bounced back after almost a year long rough sales.
Microsoft’s earnings have been closely tied to computer sales because its two most profitable divisions make the Windows OS and the Office business software.
Microsoft’s net income for the second financial quarter, ending Dec. 31, rose to USD 6.7 billion as compared to the USD 4.2 billion in the year-ago period.
The company revenues grew 14 per cent to USD 19 billion.
The revenue from Windows grew 70 per cent as the latest version of Windows, called Windows 7, was released during the quarter.
iPad, the latest from Apple
Apple Inc.’s chief executive Steve Jobs, on Wednesday unveiled the latest and the most hyped gadget from Apple, iPad!
iPad, a touchscreen tablet computer is the latest buzz from the highly innovative company which has shaped up many trend setting products in the two and a half decades.
After innovations like the Macintosh computers, iPod, itunes, iPod, iTunes Store, iPhone, The App store, the Cupertino, California based company has now come up with the latest iPad, half inch thin, the slimmest tablet with 9.7 inch diagonal screen and 1024×768 display resolution.
The device shall have 16 to 64 GB flash storage, built in speaker and microphones, accelerometer and compass. It offers 10 hours battery with one month standby.
China says no limits on use of Google’s Android
Google’s Android operating system has got a clean chit from China’s government!
According to the government’s remark on Wednesday, Google’s android phone will face no limits on its use by China’s phone companies as long as it complies with Chinese regulations.
The Chinese government has assured that the dispute over the web censorship would not affect their relationship. Google Inc. had postponed the launch of its own smart phone in China following its Jan. 12 announcement that it will no longer censor search results.
While many other companies in China are also developing Android-based phones, penalizing Google could hurt their market too.
At a news briefing, Zhu Hongren, a spokeman for the Ministry of Industry and Information Technology said, “As long as it fulfills Chinese laws and regulations and has good communication with telecom operators, I think its application should not have restrictions.”
Google Chrome 4.0 stable version released for Windows
Google has released a better, stable version of Google Chrome 4.0 browser for Windows.
The extensions, about 1,500 of them, were already released in December last year for the users of Chrome 4.0 bowers beta version. However, now the gallery is available for all the Windows users. While the extensions are already available for Linux, the process is still under development for Apple Mac. It might be released in another year’s time.
Ian Fette, Google’s Product Manager ensured that the new extensions use a multi-process technology that’ll ensure they do not slow down the browser or cause a crash.
Indeed extensions are among the most popular features that have gained Mozilla Firefox such huge popularity, allowing the users to add functions and other helpful shortcuts for common tasks.
Google claims that its new release Chrome 4.0 browser is much faster and boosts the speed by almost 42 percent over the last stable release. Chrome 4.0 has been tested faster than Mozilla Firefox 3.6 in three of the four tests.
The stable version of Chrome 4.0 can be downloaded from Google’s website.
Ericsson to axe 1500 employees
Wireless equipment maker LM Ericsson AB announced on Monday the company’s plans to reduce another 1,500 employees this year after reporting a colossal 92 per cent drop in fourth-quarter profits as mobile operators slashed spending.
Ericsson reported that the company’s net profit in the October-December quarter was USD 43.4 million (314 million kronor). This was down from 3.9 billion kronor in the same quarter one year back. On the other hand the yearly profits dropped 67 per cent to USD 512 million, or 3.7 billion kronor.
For Ericsson, the quarterly sales were down by as much as 13 per cent to USD 8.1 million or 58.3 billion kronor as compared to the figures a year earlier. The sales for 2009 dropped by a per cent USD 28.6 million or 206.5 billion kronor from 208.9 billion kronor.
Ericsson profit falls 92%
Ericsson AB, the world’s largest maker of wireless networks, has reported a 92 per cent drop in the company’s fourth quarter profit, as the phone companies reduced spending.
Ericsson’s net income dropped to USD 43.4 million or 314 million kronor from 3.89 billion kronor a year earlier, the company said in a statement.
The Stockholm based company was however anticipating a profit of 2.5 billion kronor.
Twitter disables widgets over security flaw
Popular microblogging site Twitter has temporarily disabled one of the features on its website following a security researcher’s warning of a programming flaw, leaving the login details of the users vulnerable to hackers.
Biz Stone, Twitter co-founder, announced that his company had temporarily cut off access to a feature that lets users display Twitter updates on their websites by using Flash technology. “Our team has disabled the Flash widget while we look into the problem,” Stone said in an email.
A senior security analyst with Foreground Security of Orlando, Mike Bailey, said that the problem exploits a widely known vulnerability in Adobe Systems Inc’s Flash programming language. This was first discovered in 2006 but by and large it has been noted that the operators of many websites have failed to respond to those warnings.
Twitter, with millions of users including celebrities across arenas, is a soft target to hackers looking to spread malicious software.
Airtel warns of fraudulent calls
India’s largest mobile services provider Bharti Airtel warned the mobile users to avoid responding to any suspicious or fraudulent calls which ask them to provide their personal information.
India’s largest telecom operator, Airtel, said that reportedly, some customers are being arbitrarily targeted by callers who pretend to be calling on behalf of the company and inform the recipient regarding a lottery he has won conducted by the respective operator.
The company has urged the subscribers to avoid responding to such suspicious calls and SMSes, requesting them to refrain from sharing their personal information, identity proof or SIM number to unknown callers.
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