Symantec rates Microsoft Vista as Highly Secure OS

According to the SymantecSymantec’s 11th Internet Security Threat Report, Microsoft Vista has been ranked as the most secure operating system than its competitors. During its initial three months, Windows Vista offered huge security success as compared to other OS like Windows XP, Mac OS X and Red Hat Enterprise Linux 4 Workstation etc, and hence, helping the different organizations to achieve their business and computing goals with confidence. The second best performer, during the initial 90 days, was Red Hat Linux which took an average of 58 days to address a total of 208 vulnerabilities.

LG Phones To offer Google Services

LG ElectronicsNow users will enjoy Google services on LG mobile phones. Both the companies have declared a universal association to pre-install Google’s services on LG handsets.

The affiliation will permit LG’s phone users to search for information, discover locations, update web logs and manage email while on the move.

Bank of China Opens Private Banking Service For Millionaires Only

Bank of ChinaBank of China (BOC) instigated a private banking service targeting millionaires only in Beijing and Shanghai.

The clients owing financial assets valuated over US $1 million are qualified for the service offered along with the Royal Bank of Scotland that possesses a 4.4 percent stake in the bank.

“It is a bank for the top rich,” Yue Yi, GM of the bank’s retail business stated.

Sony Ericsson Launches Z750 & W580

Sony Ericsson Sony EricssonMobile Communications, known for its pioneering and feature-rich mobile phones, accessories, & PC cards, introduces two new mobile phones at the CTIA trade i.e. clamshell-style Z750 and sliding-style W580. Z750 is Sony Ericsson’s first Tri-band HSPDA and Quad-band Edge enabled phone, whereas W580 is a Walkman mobile phone. With mirror like finish, Z750 is available in pink and gray colors, and can access high-speed networks anywhere, whereas, the slider W580 comes in orange-and-white color, and supports corporate push email from MS Exchange servers.

Fujitsu Launches Solid State Drives

After the recent Fujitsurelease announcement of cheap SSDs made by Intel, Fujitsu also announced its entry in the field of solid state drives. At present, there are two major established companies in the SSD market i.e. SanDisk and Samsung. Fujitsu Computer Systems introduced this offer for the first time as an option in its ultra-portable computers. With this offer, the machines are expected to become more durable for work in the field.

Bajaj, Allianz Signs Up 50-50 Partnership For MFs, Loans

Bajaj AllianzBajaj Auto and Allianz annunciated the partnership plan for distributing credit cards, mutual funds, home loans and personal loans.

Unlike the former joint ventures for their insurance business, the novel partnership plan is a 50-50 partnership between the two companies.

The company-Bajaj Allianz Financial Distributors will have a paid up capital of Rs 2.4 crore. It will allocate financial products of different asset management companies, banking and non-banking (financial) institutions.

The recently made venture is yet in discussions with parties and did not reveal the products it will be dealing out.

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Indians Go For Credit Cards Rather Than Debit Cards

Credit CardsThe credit card market is emerging at a rapid velocity in India. The RBI’s latest monthly report reveals that approximately, one-fifth of the total retail electronic payments is being conceded through credit cards, whereas, debit cards’ share is just 4%.

The Metro cities like Delhi and Mumbai are highly penetrated by credit cards. The credit card issuers found excellent business prospects in Kolkata, Bangalore, and Hyderabad as well because of their IT/ITeS groups. With increase in the number of commercial activities and the growing swanky malls in smaller cities give bankers another target for their credit card market.

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