Even as the discussions are on whether the technology called 'mouse', which is celebrating its birthday on next Wednesday (December 10), would soon be an extinct species in another couple of years, leading mouse manufacturer Logitech announced that it has shipped its billionth mouse.
"We've just done something that makes us all very proud at Logitech – we've shipped our one billionth mouse. How cool is that!?," read a blog posting by Rory Dooley, senior vice president, Control Devices, Logitech. "When all of this started for Logitech back in the early '80s, the mouse was primarily a tool for CAD (computer-aided design applications). Since then, the mouse has become something much more – it is truly the key to the kingdom – the device that unlocked the power of the computer."
He said the mouse opened up computing to the average person by providing a simple, intuitive way to interact with the computer.
Logitech has enthusiastically driven nearly every major innovation in mouse technology – persistently refining this ubiquitous interface between people and their digital experiences, said a press release.
With more than a billion people currently using computers worldwide and another billion expected to begin using computers by 2014, according to a report by analyst firm Gartner, Logitech continues to pursue compelling innovation to delight users of the next billion mice and input devices of the future, it said.
Founded in a farmhouse in Apples, Switzerland in 1981 and shortly thereafter establishing strong ties in Silicon Valley, Logitech introduced its first retail mouse in 1985 and reached the 100 millionth mouse mark in 1996, the company said.
"Since the first click of the Logitech P4 mouse in 1982, Logitech mice have played an indispensable role in the evolution of the personal computer," said Gerald P. Quindlen, Logitech president and chief executive officer.
"During the last few decades, the way people use computers has changed dramatically – what was once strictly a business tool has become highly integrated into our personal lives," he added.
Quindlen said Logitech has continually pursued innovations to meet those changing conditions, introducing – in the last five years alone – the world's first laser mouse, hyper-fast scrolling and the nano-receiver.
In celebration of its billionth mouse, Logitech is launching a worldwide contest that invites people to follow the travels of this notable mouse – from the manufacturing line to its final destination – and to try to figure out where in the world it will end up.
Logitech also said that the mouse's journey will be chronicled on Logitech's blog, Blogitech (blog.logitech.com).
Thursday, December 4, 2008
Here is how Google is cutting costs!
Feeling the pinch of the global economic slowdown and the US recession in particular, Google, the Internet search engine giant, is resorting to austerity measures, The Wall Street Journal reported.
Prominent among them include cutting new projects, ratcheting back spending, chipping away at perks and reducing employee strength. Such measure from Google, which is known for its generous perks, has come as a surprise to many industry watchers.
The latest Google measures are understandable as its revenue growth has slowed down dramatically over the past one year.
“We have to behave as though we don't know what's going to happen,” Google chief executive Eric Schmidt was quoted as saying by The Wall Street Journal.
The company will curtail the “dark matter,” Schmidt said, projects that “haven't really caught on” and “aren't really that exciting.”
Schmidt said the company is “not going to give” an engineer 20 people to work with on certain experimental projects anymore. Popular social networking site Orkut was a product of this experiment by Google. Schmidt, however, promised to get this back when things improve.
Google executives had started preparing for the slowdown about a year ago, but things have now accelerated. In recent weeks, Schmidt has held meetings with top executives to determine where to focus investment more narrowly, the Journal said.
Top priorities include display ads, which use graphics and appear on Web pages; advertising on mobile phones; and the company's online business software.
Schmidt says the company is shifting more engineering and sales resources to those areas, and away from less-promising projects. Teams on projects the company is merely "fiddling with," he says, will get "naturally smaller as people get plucked off,” the report said.
The Wall Street Journal said the financial crisis has created a new sense of urgency within the company. Top executives say they remain committed to projects they believe hold long-term potential, but are prepared to “starve” lesser ones.
Prominent among them include cutting new projects, ratcheting back spending, chipping away at perks and reducing employee strength. Such measure from Google, which is known for its generous perks, has come as a surprise to many industry watchers.
The latest Google measures are understandable as its revenue growth has slowed down dramatically over the past one year.
“We have to behave as though we don't know what's going to happen,” Google chief executive Eric Schmidt was quoted as saying by The Wall Street Journal.
The company will curtail the “dark matter,” Schmidt said, projects that “haven't really caught on” and “aren't really that exciting.”
Schmidt said the company is “not going to give” an engineer 20 people to work with on certain experimental projects anymore. Popular social networking site Orkut was a product of this experiment by Google. Schmidt, however, promised to get this back when things improve.
Google executives had started preparing for the slowdown about a year ago, but things have now accelerated. In recent weeks, Schmidt has held meetings with top executives to determine where to focus investment more narrowly, the Journal said.
Top priorities include display ads, which use graphics and appear on Web pages; advertising on mobile phones; and the company's online business software.
Schmidt says the company is shifting more engineering and sales resources to those areas, and away from less-promising projects. Teams on projects the company is merely "fiddling with," he says, will get "naturally smaller as people get plucked off,” the report said.
The Wall Street Journal said the financial crisis has created a new sense of urgency within the company. Top executives say they remain committed to projects they believe hold long-term potential, but are prepared to “starve” lesser ones.
40pc of large businesses cut their IT budgets
More than 40 percent of large businesses have cut their IT budgets this year due to the global economic slowdown, according to a new survey by Forrester Research. The Forrester Business Data Services report surveyed nearly 950 senior IT managers across North America and Europe regarding their IT services spending and overall services strategies and priorities.
The economy’s affect on IT spending is evident in some specific data points contained in the report: Forty-three percent of firms have already cut their overall IT budgets in 2008 in reaction to the slow down in the global economy, while 24 percent of firms have put discretionary spending on hold. Twenty-eight percent of respondents said the economy has had no impact on their IT budgets.
Asked how the economy will affect IT services spending, 70 percent of respondents said they will likely negotiate lower rates with suppliers, and 16 percent said they have already cut their IT services spending.
IT departments in the financial services industry were hit hardest — 49 percent of IT shops in the financial services sector have cut their budgets. At the other end of the spectrum is the media, entertainment, and leisure industry, where only 39 percent of respondents said they have had to reduce spending.
IT departments in North America have been affected by the economy more than their European counterparts: 49 percent of North American firms have cut their IT budgets compared with 31 percent of respondents in Europe; although it should be noted that the Forrester survey was fielded in Q2 2008 prior to the deteriorating economic conditions in Europe.
“This is not an across-the-board spending slowdown; the impact of the economy on IT budgets varies widely by industry and geography,” said Forrester Research vice president and principal analyst John C. McCarthy, who is in India at present for a workshop. “With regard to the services sector, the slowdown has firms renegotiating rates, being more selective in choosing vendors, and examining spending plans more thoroughly, but they are still expecting to pay more for services. The demand for enterprise IT services has not dropped significantly.”
Regarding the state of spending on enterprise IT services, the report illustrates a number of trends: The demand for services holds steady. Forty-five percent of firms plan to increase their use of applications outsourcing, while 43 percent of firms are increasing their use of infrastructure outsourcing. Forty-three percent of respondents said they are moving more work offshore.
Infrastructure outsourcing expects to grow. Convergent telecommunications and network management is a hot area of growth as 20 percent of firms will outsource this service in 2008.
Few firms have fully tapped into offshore resources. Only 9 percent of firms use offshore resources wherever and whenever possible. A growing number of firms are interested in exploring more offshore work, with 14 percent ramping up use, 19 percent piloting, and 22 percent not using offshore but actively tracking developments. Of those firms not sending work offshore, a majority cite the questionable quality of the work done.
Satisfaction with outsourcing remains low. While overall firms are satisfied with their decision to use a third party, 52 percent say their biggest challenge with existing IT services and outsourcing relationships is that cost savings are lower than expected. Other noteworthy challenges include inconsistent or poor service quality (40 percent) and the inability of the vendor or contract structure to respond rapidly to changing business needs (35 percent).
The economy’s affect on IT spending is evident in some specific data points contained in the report: Forty-three percent of firms have already cut their overall IT budgets in 2008 in reaction to the slow down in the global economy, while 24 percent of firms have put discretionary spending on hold. Twenty-eight percent of respondents said the economy has had no impact on their IT budgets.
Asked how the economy will affect IT services spending, 70 percent of respondents said they will likely negotiate lower rates with suppliers, and 16 percent said they have already cut their IT services spending.
IT departments in the financial services industry were hit hardest — 49 percent of IT shops in the financial services sector have cut their budgets. At the other end of the spectrum is the media, entertainment, and leisure industry, where only 39 percent of respondents said they have had to reduce spending.
IT departments in North America have been affected by the economy more than their European counterparts: 49 percent of North American firms have cut their IT budgets compared with 31 percent of respondents in Europe; although it should be noted that the Forrester survey was fielded in Q2 2008 prior to the deteriorating economic conditions in Europe.
“This is not an across-the-board spending slowdown; the impact of the economy on IT budgets varies widely by industry and geography,” said Forrester Research vice president and principal analyst John C. McCarthy, who is in India at present for a workshop. “With regard to the services sector, the slowdown has firms renegotiating rates, being more selective in choosing vendors, and examining spending plans more thoroughly, but they are still expecting to pay more for services. The demand for enterprise IT services has not dropped significantly.”
Regarding the state of spending on enterprise IT services, the report illustrates a number of trends: The demand for services holds steady. Forty-five percent of firms plan to increase their use of applications outsourcing, while 43 percent of firms are increasing their use of infrastructure outsourcing. Forty-three percent of respondents said they are moving more work offshore.
Infrastructure outsourcing expects to grow. Convergent telecommunications and network management is a hot area of growth as 20 percent of firms will outsource this service in 2008.
Few firms have fully tapped into offshore resources. Only 9 percent of firms use offshore resources wherever and whenever possible. A growing number of firms are interested in exploring more offshore work, with 14 percent ramping up use, 19 percent piloting, and 22 percent not using offshore but actively tracking developments. Of those firms not sending work offshore, a majority cite the questionable quality of the work done.
Satisfaction with outsourcing remains low. While overall firms are satisfied with their decision to use a third party, 52 percent say their biggest challenge with existing IT services and outsourcing relationships is that cost savings are lower than expected. Other noteworthy challenges include inconsistent or poor service quality (40 percent) and the inability of the vendor or contract structure to respond rapidly to changing business needs (35 percent).
Wednesday, December 3, 2008
US slides in slowdown in December 2007; Longer than average
The United States economy officially sank into a recession last December, which means that the downturn is already longer than the average for all recessions since World War II, according to the committee of economists responsible for dating the nation’s business cycles.
In declaring that the economy has been in a downturn for almost 12 months, the National Bureau of Economic Research confirmed what many Americans had already been feeling in their bones. But private forecasters warned that this downturn was likely to set a new postwar record for length and likely to be more painful than any recession since 1980 and 1981.
The Dow Jones Industrial average plummeted 443.80 points (5.03%) to 8,385.24 at 1807 gmt after five winning sessions. The techheavy Nasdaq slid 94.57 points (6.16%) to 1,441.00 and the broadmarket Standard & Poor’s 500 index dropped 53.86 points (6.01%) to 842.38. Part of the drop may have reflected profit-taking after last week’s surge in stock prices,but it also came in response to new data showing that manufacturing activity dropped to its lowest point in 26 years.
Both the chairman of the Federal Reserve, Ben S Bernanke, and the Treasury secretary, Henry M Paulson Jr, vowed to use all the tools at their disposal to restore a measure of normalcy to the economy.
Bernanke, speaking to business leaders in Austin, Tex, said it was “certainly feasible” to reduce the Fed’s benchmark overnight lending rate below its current target of 1%, signaling that the Central bank would lower the rate at its next policy meeting in two weeks.
Investors reacted to Bernanke’s remarks by pouring money into longer-term Treasury bonds, which briefly pushed already-low yields on 10-year and 30-year Treasuries to new record lows. Investors appeared to be reacting mainly to the clear signal from Bernanke that the Fed was preparing to pump money into the economy by buying up longer-term bonds.
Paulson, in a speech in Washington on Monday, vowed to look at new ways to use the $700 billion bailout fund that Congress approved in October. In Congress, Democratic leaders are drawing up a huge new fiscal stimulus plan that could total more than $500 billion. Democrats said they planned to have the measure ready as soon as Congress convened with a strengthened Democratic majority in January. Meanwhile, Democrats could take up legislation next week that would provide financial assistance to the automobile industry.
President Bush, increasingly the odd man out in the last weeks of his term, said his administration would do whatever was necessary to safeguard the system.
Many analysts said they saw no signs yet that the economy was nearing a bottom. American consumers, who for decades have been the country’s tireless source of growth when all else failed, have cut back on their spending more sharply than at any time since the early 1980s.
In officially declaring that the current recession began in December 2007, the National Bureau of Economic Research paid little heed to the fact that the nation’s GDP product actually expanded slightly in the first and second quarters of 2008.
Source: Agencies
In declaring that the economy has been in a downturn for almost 12 months, the National Bureau of Economic Research confirmed what many Americans had already been feeling in their bones. But private forecasters warned that this downturn was likely to set a new postwar record for length and likely to be more painful than any recession since 1980 and 1981.
The Dow Jones Industrial average plummeted 443.80 points (5.03%) to 8,385.24 at 1807 gmt after five winning sessions. The techheavy Nasdaq slid 94.57 points (6.16%) to 1,441.00 and the broadmarket Standard & Poor’s 500 index dropped 53.86 points (6.01%) to 842.38. Part of the drop may have reflected profit-taking after last week’s surge in stock prices,but it also came in response to new data showing that manufacturing activity dropped to its lowest point in 26 years.
Both the chairman of the Federal Reserve, Ben S Bernanke, and the Treasury secretary, Henry M Paulson Jr, vowed to use all the tools at their disposal to restore a measure of normalcy to the economy.
Bernanke, speaking to business leaders in Austin, Tex, said it was “certainly feasible” to reduce the Fed’s benchmark overnight lending rate below its current target of 1%, signaling that the Central bank would lower the rate at its next policy meeting in two weeks.
Investors reacted to Bernanke’s remarks by pouring money into longer-term Treasury bonds, which briefly pushed already-low yields on 10-year and 30-year Treasuries to new record lows. Investors appeared to be reacting mainly to the clear signal from Bernanke that the Fed was preparing to pump money into the economy by buying up longer-term bonds.
Paulson, in a speech in Washington on Monday, vowed to look at new ways to use the $700 billion bailout fund that Congress approved in October. In Congress, Democratic leaders are drawing up a huge new fiscal stimulus plan that could total more than $500 billion. Democrats said they planned to have the measure ready as soon as Congress convened with a strengthened Democratic majority in January. Meanwhile, Democrats could take up legislation next week that would provide financial assistance to the automobile industry.
President Bush, increasingly the odd man out in the last weeks of his term, said his administration would do whatever was necessary to safeguard the system.
Many analysts said they saw no signs yet that the economy was nearing a bottom. American consumers, who for decades have been the country’s tireless source of growth when all else failed, have cut back on their spending more sharply than at any time since the early 1980s.
In officially declaring that the current recession began in December 2007, the National Bureau of Economic Research paid little heed to the fact that the nation’s GDP product actually expanded slightly in the first and second quarters of 2008.
Source: Agencies
Fourteen Indians commit suicide every hour!
Fourteen people commit suicide every hour in India due to various reasons, ranging from failure in relationships, bankruptcy, illness and social disrepute. One among every three suicide victims is a youth and one among five is a house wife.
These are some of the findings of the National Crime Records Bureau (NCRB) which came out with the latest figures on accidents and suicides in the country.
According to the 'Accidental Deaths and Suicide in India – 2007' report, the country witnessed an increase of 3.8 per cent in the incidents of suicide with 1,22,637 people ending their lives last year. The number of women was 43,342.
Maharashtra has reported the highest number of suicides with 15,184 cases accounting for 12.4 per cent of such incidents followed by Andhra Pradesh with 14,882 (12.1 per cent). The report said 264 deaths came under common pact of mass or family suicides consisting 118 men and 146 women.
The highest number of such cases were reported from Kerala (39), followed by Andhra Pradesh (34) and Madhya Pradesh (12).
Family problems and illness were other causes for suicide, accounting for 23.8 per cent and 22.3 per cent respectively. Failure in relationships (2.8 per cent), bankruptcy (2.7) and dowry dispute (2.6) were other major factors.
Ending life due to ideological affiliations and hero worship, a disturbing trend witnessed in the late 1970s and early '80s, claimed 261 lives.
Out of a total of 27,332 people who committed suicide due to illness, 952 had AIDS or other sexually transmitted diseases while 794 had cancer and 496 were paralysed. Among AIDS or STD patients who committed suicide, 334 were women. The maximum number of people who took their life in this category were in the age group of 30 to 44 years.
Seven boys and three girls below 14 years also "committed suicide" as they had AIDS or STD, the report said.
Consuming poison and hanging were the means mostly adopted by those who committed suicide. While 34.8 per cent of the total victims chose to consume poison, 31.7 per cent preferred hanging.
The report said housewives accounted for 55.7 per cent (24,162) of the total female victims which are nearly 19.7 per cent of total who committed suicide.
While government servants were merely 1.5 per cent, private and public sector personnel have accounted for 8.2 per cent and 2.2 per cent respectively.
Source: Expressindia.com
These are some of the findings of the National Crime Records Bureau (NCRB) which came out with the latest figures on accidents and suicides in the country.
According to the 'Accidental Deaths and Suicide in India – 2007' report, the country witnessed an increase of 3.8 per cent in the incidents of suicide with 1,22,637 people ending their lives last year. The number of women was 43,342.
Maharashtra has reported the highest number of suicides with 15,184 cases accounting for 12.4 per cent of such incidents followed by Andhra Pradesh with 14,882 (12.1 per cent). The report said 264 deaths came under common pact of mass or family suicides consisting 118 men and 146 women.
The highest number of such cases were reported from Kerala (39), followed by Andhra Pradesh (34) and Madhya Pradesh (12).
Family problems and illness were other causes for suicide, accounting for 23.8 per cent and 22.3 per cent respectively. Failure in relationships (2.8 per cent), bankruptcy (2.7) and dowry dispute (2.6) were other major factors.
Ending life due to ideological affiliations and hero worship, a disturbing trend witnessed in the late 1970s and early '80s, claimed 261 lives.
Out of a total of 27,332 people who committed suicide due to illness, 952 had AIDS or other sexually transmitted diseases while 794 had cancer and 496 were paralysed. Among AIDS or STD patients who committed suicide, 334 were women. The maximum number of people who took their life in this category were in the age group of 30 to 44 years.
Seven boys and three girls below 14 years also "committed suicide" as they had AIDS or STD, the report said.
Consuming poison and hanging were the means mostly adopted by those who committed suicide. While 34.8 per cent of the total victims chose to consume poison, 31.7 per cent preferred hanging.
The report said housewives accounted for 55.7 per cent (24,162) of the total female victims which are nearly 19.7 per cent of total who committed suicide.
While government servants were merely 1.5 per cent, private and public sector personnel have accounted for 8.2 per cent and 2.2 per cent respectively.
Source: Expressindia.com
Is the computer mouse on the verge of extinction at 40?
The computer mouse, which was invented back in 1968 by Doug Engelbart and his team at the Stanford Research Institute in California, is facing extinction since the new technology might replace it. The computer mouse, which is now 40 years old, was developed after the team realized that there was a need for a simpler way of controlling computers than the standard light pen which had been used since the Second World War.
The mouse got its name since it quite resembled the animal and it was termed such by one unnamed researcher.
However, sadly it comes to light that on the eve of its 40th birthday, which is being celebrated next week when Engelbart returns to Stanford, the mouse could be facing death at the hands of new technology. The future is quite certain with the control methods of both the Wii and iPhone creeping in.
It is a well known fact that many laptop users already choose to use the built-in touchpad rather than a mouse. Moreover, touchscreens are now a reality rather than a science fiction. So sadly we may say that the mouse would be no more around us, since it would be replaced with a much more natural and user-friendly way of controlling the technology we use every day.
The mouse got its name since it quite resembled the animal and it was termed such by one unnamed researcher.
However, sadly it comes to light that on the eve of its 40th birthday, which is being celebrated next week when Engelbart returns to Stanford, the mouse could be facing death at the hands of new technology. The future is quite certain with the control methods of both the Wii and iPhone creeping in.
It is a well known fact that many laptop users already choose to use the built-in touchpad rather than a mouse. Moreover, touchscreens are now a reality rather than a science fiction. So sadly we may say that the mouse would be no more around us, since it would be replaced with a much more natural and user-friendly way of controlling the technology we use every day.
Severe shortage; Canada woos skilled Indian workers!
Here's good news for engineers, technicians and other skilled workers wanting to work abroad. Canada is trying to attract young talent from countries like India by relaxing norms for visas in this category, says a Canadian immigration expert.
'There is an acute shortage of skilled workers in Canada and the situation will worsen in the next 5-10 years unless the government makes an effort to attract talent from a young country like India,' said Curtis Panke, director of global operations for the Ontario-based Global Placement Services.
Pointing out that the retirement age for most occupations in Canada is 55 years, he said in the next five years, more than 20 percent of the country's engineers, doctors, professors and geologists would retire.
'This huge void cannot be filled with domestic talent alone. If we do not attract the talent from outside, there will be a talent vacuum of up to 70 percent in the next 10 to 15 years,' Panke told the media.
Keeping all this in mind, he said, the Canadian government has made vital changes in its immigration policy and relaxed certain norms for a Canadian visa in the skilled worker category.
The latest fast track processing of visa applications in the federal skilled worker category ensures a Canadian visa in a shorter period of just 6-12 months, pointed out Panke.
The Canadian government has issued a list of 38 high-demand occupational categories, including health, finance, engineers, heavy-duty mechanics, industrial technicians, food service managers and other skilled trades.
Panke is in Punjab to gauge the talent pool available and to conduct seminars all over the state in collaboration with the city-based World Wide Immigration Consultancy Services (WWICS), which has sent over 60,000 families and around 250,000 individuals to Canada till date.
'There are thousands of Punjabis in Canada, who are doing extremely well in their professions and contributing to the country's economy. Comparatively, we have more applicants from this region if we compare it with other states in India,' stated Panke.
Asked about the impact of global recession on the Canadian economy, Panke said a majority of the organisations and companies there would be unaffected in the long run. 'There is some impact but all this is a temporary phase and will pass very soon. Moreover, there is no impact on the openings available under skilled category there and Canada is looking forward to employ skilled workers in a big way.'
Talking about Canada's federal investor category for permanent residency in the country, Lt Col (retd) B.S. Sandhu, chief managing director of WWICS, said: 'An investor is only needed to invest Rs.5 million in some flourishing trade in Canada and can relocate there under the Canadian Investor Program.'
The applicant, under this category, only needs to have a work experience of two years and no language proficiency test like IELTS is required, he added.
Source: Agencies
'There is an acute shortage of skilled workers in Canada and the situation will worsen in the next 5-10 years unless the government makes an effort to attract talent from a young country like India,' said Curtis Panke, director of global operations for the Ontario-based Global Placement Services.
Pointing out that the retirement age for most occupations in Canada is 55 years, he said in the next five years, more than 20 percent of the country's engineers, doctors, professors and geologists would retire.
'This huge void cannot be filled with domestic talent alone. If we do not attract the talent from outside, there will be a talent vacuum of up to 70 percent in the next 10 to 15 years,' Panke told the media.
Keeping all this in mind, he said, the Canadian government has made vital changes in its immigration policy and relaxed certain norms for a Canadian visa in the skilled worker category.
The latest fast track processing of visa applications in the federal skilled worker category ensures a Canadian visa in a shorter period of just 6-12 months, pointed out Panke.
The Canadian government has issued a list of 38 high-demand occupational categories, including health, finance, engineers, heavy-duty mechanics, industrial technicians, food service managers and other skilled trades.
Panke is in Punjab to gauge the talent pool available and to conduct seminars all over the state in collaboration with the city-based World Wide Immigration Consultancy Services (WWICS), which has sent over 60,000 families and around 250,000 individuals to Canada till date.
'There are thousands of Punjabis in Canada, who are doing extremely well in their professions and contributing to the country's economy. Comparatively, we have more applicants from this region if we compare it with other states in India,' stated Panke.
Asked about the impact of global recession on the Canadian economy, Panke said a majority of the organisations and companies there would be unaffected in the long run. 'There is some impact but all this is a temporary phase and will pass very soon. Moreover, there is no impact on the openings available under skilled category there and Canada is looking forward to employ skilled workers in a big way.'
Talking about Canada's federal investor category for permanent residency in the country, Lt Col (retd) B.S. Sandhu, chief managing director of WWICS, said: 'An investor is only needed to invest Rs.5 million in some flourishing trade in Canada and can relocate there under the Canadian Investor Program.'
The applicant, under this category, only needs to have a work experience of two years and no language proficiency test like IELTS is required, he added.
Source: Agencies
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