US accelerators in demand: Tech startups prefer foreign cos for funding
Source: The Economic Times
Bangalore :: India | updated 2013-05-20 17:21:23 -0700 | technology-news
A number of Indian technology startups are turning to overseas accelerators in search of mentoring and access to capital despite a plethora of domestic choices. These firms, with businesses ran-ging from personal healthcare services to specialised networking platforms, are joining...
Googling for legal glitches in India
Source: The Economic Times
Bangalore :: India | updated 2013-05-17 23:25:28 -0700 | technology-news
This week, Google faced fresh demands by regulators in two different countries. German regulators wanted the company to clean up its so-called insta-search results after a businessman went to court complaining that the search engine made defamatory accusations.
Microsoft says upgrade to Windows 8 or spend more
Source: The Economic Times
Bangalore :: India | updated 2013-05-16 17:36:11 -0700 | technology-news
In an attempt to encourage enterprises to upgrade computer operating systems to the latest version of Windows, Microsoft said companies that fail to migrate from Windows XP to Windows 7 or 8 could end up spending over three times the...
PC Shipments Shrink 20% in Europe
Source: The Economic Times
Bangalore :: India | updated 2013-05-15 05:43:41 -0700 | technology-news
Shipment of personal computers in Western Europe totaled 12.3 million units in the first three months of 2013, registering decline of 20.5% from the year ago period, technology market researcher Gartner Inc said on Wednesday. On Tuesday, IDC had revised...
8KMiles acquires FuGen Solutions for $7.5 mn
Source: The Economic Times
Bangalore :: India | updated 2013-05-15 01:39:42 -0700 | technology-news
Cloud computing firm 8KMiles founded by Indian entrepreneur Suresh Venkatachari has acquired US-based technology company FuGen Solutions for $7.5 million (Rs 41 crore)...Though 8KMiles has expertise in cloud solutions, the acquisition will further enhance its security services platform in...
After ATM heist, India's IT sector again in unwelcome spotlight
Source: Reuters
Bangalore :: India | updated 2013-05-14 21:17:56 -0700 | technology-news
A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the Asian nation.
India IT watchdog investigating breach in ATM...
Source: Arab News
Bangalore :: India | updated 2013-05-12 22:43:47 -0700 | technology-news
The Indian government's cyber watchdog is investigating how security at two companies that are part of the country's vast IT services industry was breached in a global ATM heist that saw $45 million stolen from two banks in the Middle...
Why Singapore is turning out to be India's data bank
Source: The Economic Times
Bangalore :: India | updated 2013-05-09 22:57:48 -0700 | technology-news
Share More At the end of March Facebook had 78 million active users in India, a growth of 50% from a year ago but the social networking portal does not own a data centre in the country still. India is...
Mindtree co-founder Anjan Lahiri quits, sells most of holdings in co
Source: The Economic Times
Bangalore :: India | updated 2013-05-09 10:09:03 -0700 | technology-news
Mindtree co-founder Anjan Lahiri, who announced his decision to resign from the board and from his position as president of IT services few days ago, said he wants to pursue a career in technology but outside of IT services. "It...
Central Bank of India Taps IBM Analytics to Accelerate the Enterprise, Reduce Risk
Source: PR Newswire
Bangalore :: India | updated 2013-05-08 22:46:03 -0700 | technology-news
today announced that Central Bank of , a premier bank in , is leveraging IBM analytics to radically transform its financial management processes which includes activities ranging from budgeting to forecasting to liquidity management. The convergence of a number of...
US visa: Mid-sized IT cos like Zensar, Infotech may be spared penalties
Source: The Economic Times
Bangalore :: India | updated 2013-05-07 15:55:17 -0700 | technology-news
Share More Although the draft immigration bill has the support of President Barack Obama, there is no guarantee that it will become law in its present form. Unlike outsourcing powerhouses such as Tata Consultancy Services , Infosys or Wipro ,...
A game called Polly is designed to promote literacy
Source: Pittsburgh Post-Gazette
Bangalore :: India | updated 2013-05-05 22:49:55 -0700 | technology-news
The research came out of continuous brainstorming to develop technologies for developing regions, with a focus on illiterate or low literate people. The research sought to reach out to illiterate people in the developing world. Taking 1 1/2 years to...
By next elections, Facebook users could equal Congress? 2009 vote
Source: The Hindu
Bangalore :: India | updated 2013-05-05 14:09:16 -0700 | technology-news
Leveraging social media is top-of-the-agenda for many political strategists When the general elections are held in mid-2014, the number of Indian users of social media networks, largely Facebook, could touch 120 million equal to the Congress' popular vote in the...
British exam board outsources marking to India
Source: Zee News
Bangalore :: India | updated 2013-04-29 08:39:42 -0700 | technology-news
A major exam board has become the first in Britain to outsource marking to India as part of a cost-cutting project aimed at speeding up the assessment process. City & Guilds has been sending off thousands of papers to be...
6WIND and ALTEN Group Announce Partnership to Provide NFV and SDN Solutions
Source: PR Newswire
Bangalore :: India | updated 2013-04-29 07:14:36 -0700 | technology-news
Group, the European leader in Technology Consulting and Engineering, today announced a partnership to deliver best-in-class Network Functions Virtualization (NFV) and Software-Defined Networking (SDN) solutions to network equipment manufacturers (NEMs) and telecom operators worldwide....
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