Kobian, one of the well-known vendors in the IT hardware sector, announced that it has been awarded ‘Best PC Casing (Cabinet)’ and ‘Best Speaker for its Mercury iXA range of Speakers’  by VARIndia at its Annual Star Nite Awards, held in the Hotel Eros InterContinental on Nov 14, 2008.
 
IXA speaker range is the fresh range rolled out by the company. The lifestyle product range from Mercury has been branded as iXA with Sub Woofers and Home Theatre systems being the first of the range announced in India.
 

With Yang out, Microsoft may come back

On Monday many sources reveled that the resignation of Jerry Yang as chief executive of Yahoo might invite another offer from Microsoft.

Eric Jackson, an activist Yahoo shareholder who was among the investors angry with Yahoo's management for not accepting Microsoft's previous bid, reported, "I would expect Microsoft to come back within the next three or four months. I think Microsoft will come back because Microsoft needs Yahoo, despite what they've been saying publicly, and I think they know that."

NETGEAR®, Inc., a global provider of technologically innovative, branded networking solutions, declared that The Tolly Group, the industry’s premier independent IT test lab, certified two of its Fully Managed 10/100/1000 Switches for growing Small- to Medium-sized Businesses (SMBs) as "Up to Spec," a designation that indicates these products perform "as advertised."

London, Nov 18: Jerry Yang, the co-founder of Yahoo, will step down from his role after the company finds a replacement, the Internet company has announced.

Yang’s departure follows long criticism of his company’s stewardship, which has seen its share price collapse to about 10 dollars.

Early this year, the man fought off a hostile takeover bid from Microsoft which offered 33 dollars a share.

Yang told the workforce that he would be participating in the search for his successor.

The information technology industry suffered most from the ongoing world economic crisis. But it is still optimistic to recover to high growth rate in coming times. IT sector would use the situation for advantage in next growth cycle.

Sun Microsystems announced a slash in the employee headcount yet again - this time a little deeper to appease investors and to get back to profitability. On Friday, the company talked of a restructuring that involves layoff of 15 percent to 18 percent of its global workforce, which works out to approximately 5,000 to 6,000 employees.