Global search engine and web services provider Yahoo! has started the retrenchment drive by terminating the services of 45 people in India. Company spokesperson said that the global financial crisis and slowdown impacted the growth of the company, forcing it to take extreme steps like retrenchment. It would also employ other cost cutting measures to mitigate the losses. It had already hinted in October about the job cuts.

With the intention to pass on the benefit of the excise duty cut announced by the administration, Samsung India, one of the top consumer durables companies in the country, has slashed prices of its liquid crystal display (LCD) televisions and refrigerators.

According to a company statement, the cut in TV prices will be up to 2.5%.

The 22-inch LCD model, which now comes with a tag of Rs 18,500, gets cheaper by Rs 500.

On the other hand, the company has reduced prices by Rs 10,000 on a 52 inch LCD model, which is now priced at Rs 2.9 lakh.

CyberSource Ltd., the UK-based CyberSource arm, declared that its Decision Manager anti-fraud solution has been chosen by FutureBazaar India Ltd, the online shopping portal of Pantaloon Retail, one of India's major retailers.

By making use of Decision Manager, FutureBazaar can now access more than 150 worldwide validation tests to screen for fraud and determine in real time whether online transactions should be accepted, rejected, or marked for further review.

An exclusive content licensing deal with Walt Disney Television International India (WDTVI- India) for three animated series – Twisted Whiskers, Ratman and Sandra has been made by DQ Entertainment (DQE), a Hyderabad-based animation, gaming and entertainment company.

All the three shows would be telecasted on Disney multiplex of channels in the coming months.

It is being recommended by the government and the technology industry panel on cyber-security that the government should stop trusting passwords for cyber security and adopt, what the industry describes as “strong authentication.”

Tom Kellermann, vice president for security awareness at Core Security Technologies and a member of the commission that created the report, informed, “We need to move away from passwords.”

Seagate has made announcement about the launching of 'at-your-doorstep' pick-up service for its products in India.

This latest customer-care offering from the world’s top maker of storage solutions intends to fortify its support for Seagate customers in far-flung areas. The service, which is offered through 43 SeaCare™ Centers across the country, offers up speedy pick-up and delivery for in-warranty Seagate® and Maxtor® products from customers' premises and entails no additional cost to the customer.