Larry Ellison is shopping spree this recession season. The world’ largest Tech acquisition at $7.5 billion has just finished and Oracle is ready for the next step — Governance Systems. AmberPoint is a new solution for providing oversight across development and operational environments. Featuring a discovery-driven approach, it automates most of the manual effort Read further »

The company that shook the industry, Apple, has now released its Q1 results via webcast revealing performance that is extremely well in almost every product. Apple CEO Steve Jobs quoted: “If you annualize our quarterly revenue, it’s surprising that Apple is now a $50+ billion company. The new products we are Read further »

The top chip designers had been in battlegrounds since decades. Finally, Intel and AMD on Thursday said they are willing to settle all the legal disputes including antitrust litigation, for $1.25 billion. The moment of joy was expressed by AMD CEO Dirk Meyer. He  said the settlement leads both companies will bring a  “new era”  in the chip industry. The two companies also sealed a five-year cross license deal and said they would give up any claims of breach from their previous license agreement. “While the Read further »

Oracle is grabbing huge attraction on it’s annual event: OpenWorld.  This year’s OpenWorld means more to Oracle than it, possibly, ever did. This time the hottest Sun-Oracle deal has grabbed whole Industry’s attraction, which many IT professionals, hope to be a Killer Deal for Open source and Read further »

Yahoo’s CEO Carol Bartz has not bought harmony to the company. Many Yahoo investors are losing interest and hopes over the brand which was once a word that meant Joy and excitement. Her credibility has been in question since a while. Investors were amazed when she quoted Yahoo was never a search company. As per the  Guardian news According to regulatory filings, Bartz has made two major stock sales in the past nine months – more than $830,000 (£500,000) in March and a further $1.14m in June. While executives are entitled to sell the options that Read further »

How far can one company go just to beat it’s (stronger) competitor? Hold Weekly meetings? It turns out Microsoft has been holding weekly “Screw Google” meetings, trying to figure out how to throw roadblocks in front of Google as they continue to dominate the search arena. It’s easy for me to say, but doesn’t it anymake a lot more sense to spend millions of dollars making something that’s actually better than Google rather than simply trying to make them look bad? Why? The Fact – Read further »

Accenture, being the leader in service industry, had been long driven by customer requirements. But now the era is taking a shift. Accenture, as per Andy Zimmerman is now looking into Product solutions: “Open source hardware from Bug Labs is helping our company expand in mobile communications software. Now we plan to build solutions for various industries before they come to us. We are shifting the approach.” To start the initiative, the consulting giant has teamed up with Bug Labs, a New York Hardware startup, to offer hardware and software packages unique to each customer. For Accenture the payoff is in getting these buyers to subscribe to its new software platform, AMOS, or Accenture Mobility Read further »

Over the recent conflicts rising between Google and Apple, Schmidt, Google CEO, Eric Schmidt, has finally resigned from the Apple Board. Both companies had been stepping forward in similar markets like Mobile platforms, PC OS; which have bought them into a Competition rather than a Partnership. Ofcourse, it wass nothing to do with Apple’s rejection of Google Voice App. Apple said in a statement that the company and Schmidt reached a mutual decision to split ties as Google enters new markets that directly compete with Apple’s iPhone and Mac operating systems. “I have very much enjoyed my time on the Apple Board; it’s a fantastic company,” said Read further »

Bill Gates is now living a life of a free man who is still looking into the betterment of the industry. Ofcourse, he’s still driving most of the things at Microsoft on the undercover. The Bill-ionaire, today, urged India to move away from the current strategy of low-cost labor towards high-end research and development to keep its giant IT sector competitive. On a visit to New Delhi, he called on the Indian government to speed up its commitment to R&D and to boost low number of home-grown PhD students. Gates told a panel discussion that India’s “IT success story” should strive to add value and move away from low-cost labor as other Read further »

Th famous Idiom of “Necessity is the mother of Invention” might see a change in future. The Recession brings cost cutting, tighter time schedules, faster deliveries, efficient utilization of resources and the most important, Innovation. As a result of recession, Innovation has to grow in every sector. It starts from smarter way of working, and is most seen at bringing new Innovative Ideas to industry where you can raise the margins and hence lower the operating cost. History is proof of the quote. After all, many of the world’s enduring, multibillion-dollar corporations, from Disney to Microsoft, were founded during economic downturns decades back. Generally speaking, operating costs tend to be cheaper in a recession. Talent is Read further »