Google stepped onto the internet music stage, unveiling a service for finding, listening to or buying songs online. Google announced an alliance with Lala.com and MySpace-owned iLike at Capitol Records headquarters in Los Angeles that could cut down on the number of mouse clicks it takes to sample or purchase a song on the web.
“We are very excited today to be introducing a music search feature,” Google vice president of search Marissa Mayer said before a demo of the service called OneBox. “The search results will allow you to do a whole song play to verify it is the song you are looking for,” rather than just the 30-second stream typical of most major online music providers.
Agencies
Friday, October 30, 2009
iGate expands Whitefield campus; To hire 1,500 by 2010
iGate on Thursday inaugurated the fourth phase of its global delivery facility at its campus in Whitefield, Bangalore. The new facility, set up at a cost of Rs 65 crore, provides 115,000 sq ft of additional workspace and can seat 1,050 people.
Phaneesh Murthy, CEO of the outsourcing solutions company, said iGate plans to hire about 1,500 people in 2010. The $220-million company currently has around 3,500 employees in Bangalore.
Murthy said he expected IT budgets to be up 2-4% in 2010.
“Discretionary project spends are starting to happen. The pricing environment is largely stable,” he said.
iGate’s campus has in the past sought to differentiate itself through the adoption of a host of environment friendly measures. The latest phase makes further advances on this front. It has LED lighting throughout and the lighting is solar powered. There’s an ozone-friendly air conditioning system, organic waste converter and a wastewater recycling system.
“We also made special efforts to procure green IT equipment,” the company said. The company has taken on a carbon footprint estimation study to determine the green house gas (GHG) inventory across all its global delivery facilities in India, Australia and Mexico.
Agencies
Phaneesh Murthy, CEO of the outsourcing solutions company, said iGate plans to hire about 1,500 people in 2010. The $220-million company currently has around 3,500 employees in Bangalore.
Murthy said he expected IT budgets to be up 2-4% in 2010.
“Discretionary project spends are starting to happen. The pricing environment is largely stable,” he said.
iGate’s campus has in the past sought to differentiate itself through the adoption of a host of environment friendly measures. The latest phase makes further advances on this front. It has LED lighting throughout and the lighting is solar powered. There’s an ozone-friendly air conditioning system, organic waste converter and a wastewater recycling system.
“We also made special efforts to procure green IT equipment,” the company said. The company has taken on a carbon footprint estimation study to determine the green house gas (GHG) inventory across all its global delivery facilities in India, Australia and Mexico.
Agencies
Thursday, October 29, 2009
Cisco to strenghten Web security with ScanSafe acquisition
Cisco Systems has announced to buy the privately held Web security company ScanSafe for about $183 million, a move that will intensify its battle with security giants Symantec and McAfee. ScanSafe sells Web-based services that protect business computer networks and PCs from hackers, saving companies the cost of buying and installing software on their own equipment.
The top two security software companies, Symantec and McAfee, already sell such products, which are known as "cloud" services and whose sales are growing at a far faster clip than traditional software. As reported by Reuters, Cisco announced the deal on Tuesday, saying that the transaction is expected to close in its fiscal second quarter that ends in January 2010. The $183 million price tag includes cash and retention-based incentives, as per Cisco.
The deal helps Cisco expand its security portfolio, which includes email and Web security software company IronPort that it bought in 2007. San Jose, California-based Cisco has recently stepped up its pace of acquisitions. It announced deals for wireless equipment maker Starent Networks for $2.9 billion and Norwegian video conferencing maker Tandberg for $3 billion. Chief Executive John Chambers has said that he was looking to do more.
Agencies
The top two security software companies, Symantec and McAfee, already sell such products, which are known as "cloud" services and whose sales are growing at a far faster clip than traditional software. As reported by Reuters, Cisco announced the deal on Tuesday, saying that the transaction is expected to close in its fiscal second quarter that ends in January 2010. The $183 million price tag includes cash and retention-based incentives, as per Cisco.
The deal helps Cisco expand its security portfolio, which includes email and Web security software company IronPort that it bought in 2007. San Jose, California-based Cisco has recently stepped up its pace of acquisitions. It announced deals for wireless equipment maker Starent Networks for $2.9 billion and Norwegian video conferencing maker Tandberg for $3 billion. Chief Executive John Chambers has said that he was looking to do more.
Agencies
Will Infosys rural BPO centers in Andhra payoff?
Infosys BPO, a subsidiary of IT major Infosys, has signed an agreement with the Andhra Pradesh government to open rural BPO centres in 22 districts of the Andhra Pradesh (AP) state. Infosys BPO CEO and Managing Director Amitabh Chaudhry and State Society for Elimination of Rural Poverty CEO T Vijaya Kumar signed a memorandum of understanding (MoU) in this regard in the presence of AP Chief Minister K Rosaiah.
"The first such BPO centre will be set up in the next six weeks, which will provide a testing ground for this model. The capital expenditure and other details will be worked out subsequently," said Chaudhry. He also added that all the 22 districts would have one BPO each. "Over 1,000 people would get direct employment through the rural BPO centers in the next 12-15 months. Statistics suggests that direct employment generates 1.4 times indirect employment as well," said
Noting that Andhra Pradesh would be the first state where Infosys would be setting such facilities, Chaudhry said, "We are in talks with some other states as well for similar ventures but I can't disclose the names at this stage."
Agencies
"The first such BPO centre will be set up in the next six weeks, which will provide a testing ground for this model. The capital expenditure and other details will be worked out subsequently," said Chaudhry. He also added that all the 22 districts would have one BPO each. "Over 1,000 people would get direct employment through the rural BPO centers in the next 12-15 months. Statistics suggests that direct employment generates 1.4 times indirect employment as well," said
Noting that Andhra Pradesh would be the first state where Infosys would be setting such facilities, Chaudhry said, "We are in talks with some other states as well for similar ventures but I can't disclose the names at this stage."
Agencies
Can supercomputers unravel universe's secrets?
Scientists are using the world's fastest supercomputer to model origins of the unseen universe including dark energy. Understanding dark energy is the number one issue in explaining the universe, according to Salman Habib of the Laboratory's Nuclear and Particle Physics, Astrophysics and Cosmology Group.
Even though it's looking at only a small segment of the 'accessible' universe, Habib's 'Roadrunner Universe' model requires a petascale computer because like the universe, it's very large, reports ANI. The model's basic unit is a particle with a mass of approximately one billion suns (in order to sample galaxies with masses of about a trillion suns) and it includes more than 64 billion of those particles.
The model is one of the largest simulations of the distribution of matter in the universe, and aims to look at galaxy-scale mass concentrations above and beyond quantities seen in state-of-the-art sky surveys.
According to Habib, as the universe is expanding and at the same time accelerating, either there is a huge gap in our understanding of physics, or there is a strange new form of matter that dominates the universe - 'dark energy' - making up about 70 percent of it. "In addition, there is five times more of an unknown 'dark matter' than there is ordinary matter in the universe, and we know it's there from many different observations, most spectacularly, we've seen it bend light in pictures from the Hubble Space Telescope, but its origin is also not understood," he added.
The Roadrunner Universe model relies on a hierarchical grid or particle algorithm that matches the physical aspects of the simulation to the hybrid architecture of Roadrunner. Habib and his team wrote an entirely new computer code that aggressively exploits Roadrunner's hybrid architecture and makes full use of the PowerXCell 8i computational accelerators.
Agencies
Even though it's looking at only a small segment of the 'accessible' universe, Habib's 'Roadrunner Universe' model requires a petascale computer because like the universe, it's very large, reports ANI. The model's basic unit is a particle with a mass of approximately one billion suns (in order to sample galaxies with masses of about a trillion suns) and it includes more than 64 billion of those particles.
The model is one of the largest simulations of the distribution of matter in the universe, and aims to look at galaxy-scale mass concentrations above and beyond quantities seen in state-of-the-art sky surveys.
According to Habib, as the universe is expanding and at the same time accelerating, either there is a huge gap in our understanding of physics, or there is a strange new form of matter that dominates the universe - 'dark energy' - making up about 70 percent of it. "In addition, there is five times more of an unknown 'dark matter' than there is ordinary matter in the universe, and we know it's there from many different observations, most spectacularly, we've seen it bend light in pictures from the Hubble Space Telescope, but its origin is also not understood," he added.
The Roadrunner Universe model relies on a hierarchical grid or particle algorithm that matches the physical aspects of the simulation to the hybrid architecture of Roadrunner. Habib and his team wrote an entirely new computer code that aggressively exploits Roadrunner's hybrid architecture and makes full use of the PowerXCell 8i computational accelerators.
Agencies
Wednesday, October 28, 2009
Nasscom sees great opportunity for SaaS in product cos
Nasscom believes that cloud computing and software-as-a-service (SaaS) provide excellent paradigms for software product companies to reach out to the mass of small businesses that require IT solutions.
SaaS allows small businesses to pay for what they need at the time they need it, instead of spending large sums upfront on IT solutions that are implemented onsite. This could substantially reduce the costs of IT, as also increase the ability of small businesses to access IT solutions.
Som Mittal, president of Nasscom, urged software product companies to rework their business models to provide their solutions as services.
Sharad Sharma, chairperson of the product forum of Nasscom and part of VC fund Canaan Partners, said the small business segment was opening up “really well”. “There’s a lot of opportunity for Indian software product companies in this because many of these companies have solutions that are world class,” he said.
He also noted the growing eagerness of large system integrators to work with software product companies to add value to their offerings. Product companies, he felt, could use such partnerships to reach global customers.
Agencies
SaaS allows small businesses to pay for what they need at the time they need it, instead of spending large sums upfront on IT solutions that are implemented onsite. This could substantially reduce the costs of IT, as also increase the ability of small businesses to access IT solutions.
Som Mittal, president of Nasscom, urged software product companies to rework their business models to provide their solutions as services.
Sharad Sharma, chairperson of the product forum of Nasscom and part of VC fund Canaan Partners, said the small business segment was opening up “really well”. “There’s a lot of opportunity for Indian software product companies in this because many of these companies have solutions that are world class,” he said.
He also noted the growing eagerness of large system integrators to work with software product companies to add value to their offerings. Product companies, he felt, could use such partnerships to reach global customers.
Agencies
Thursday, October 1, 2009
Banks, social networks new target for computer viruses
Cyber criminals are increasingly focusing their attacks on the hundreds of millions of users of social networks and on loopholes in bank security systems, security software vendors said on Wednesday. At the same time, spam e-mail messages rose sharply in the third quarter, Symantec Corp said.
And as Facebook reached 300 million accounts in September, social networks and social media continued to attract criminals, smaller research firm F-Secure said in its quarterly virus report. "As Twitter has grown in popularity, it has been increasingly targeted by worms, spam and account hijacking," F-Secure said.
Cyber criminals choose targets that are widely used, allowing them to go after the largest number of potential victims. "Cyber criminals continue to follow the money," said Yuval Ben-Itzhak, technology chief at a small security software vendor Finjan, who on Wednesday revealed a new method criminals use to steal money from bank accounts and hide their tracks.
Finjan said it expects a growing trend of using new software that forges on-screen bank statements, concealing the true transaction amount to dupe account holders and their banks, and then sends the stolen money to money mules accounts.
"With the combination of using sophisticated Trojans for the theft and money mules to transfer stolen money to their accounts, they minimize their chances of being detected," Ben-Itzhak said.
The amount of spam in all e-mail traffic rose to 88.1 percent in the third quarter from 81 percent a year ago, said Symantec's MessageLabs in its quarterly report. MessageLabs said botnets are now responsible for sending 87.9 percent of all spam. Hackers take advantage of the PC vulnerability by booby- trapping websites with a malicious code that loads onto computers.
Infected PCs are commandeered into a botnet, a network of hijacked computers. They are used for identity theft, spamming and other cyber crimes. "Over the past year, we have seen a number of ISP's (Internet service providers) taken offline for hosting botnet activity resulting in a case of sink or swim and an ensuing shift in botnet power," MessageLabs analyst Paul Wood said in a statement.
"However, this won't always be the case as botnet technology has also evolved since the end of 2008 and the most recent ISP closures now have less of an impact on resulting activity as downtime now only lasts a few hours rather than weeks or months as before," Wood said.
Agencies
And as Facebook reached 300 million accounts in September, social networks and social media continued to attract criminals, smaller research firm F-Secure said in its quarterly virus report. "As Twitter has grown in popularity, it has been increasingly targeted by worms, spam and account hijacking," F-Secure said.
Cyber criminals choose targets that are widely used, allowing them to go after the largest number of potential victims. "Cyber criminals continue to follow the money," said Yuval Ben-Itzhak, technology chief at a small security software vendor Finjan, who on Wednesday revealed a new method criminals use to steal money from bank accounts and hide their tracks.
Finjan said it expects a growing trend of using new software that forges on-screen bank statements, concealing the true transaction amount to dupe account holders and their banks, and then sends the stolen money to money mules accounts.
"With the combination of using sophisticated Trojans for the theft and money mules to transfer stolen money to their accounts, they minimize their chances of being detected," Ben-Itzhak said.
The amount of spam in all e-mail traffic rose to 88.1 percent in the third quarter from 81 percent a year ago, said Symantec's MessageLabs in its quarterly report. MessageLabs said botnets are now responsible for sending 87.9 percent of all spam. Hackers take advantage of the PC vulnerability by booby- trapping websites with a malicious code that loads onto computers.
Infected PCs are commandeered into a botnet, a network of hijacked computers. They are used for identity theft, spamming and other cyber crimes. "Over the past year, we have seen a number of ISP's (Internet service providers) taken offline for hosting botnet activity resulting in a case of sink or swim and an ensuing shift in botnet power," MessageLabs analyst Paul Wood said in a statement.
"However, this won't always be the case as botnet technology has also evolved since the end of 2008 and the most recent ISP closures now have less of an impact on resulting activity as downtime now only lasts a few hours rather than weeks or months as before," Wood said.
Agencies
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