Tata Consultancy Services (TCS), largest IT services provider in India, has further expanded its operations in China by inaugurating its fourth global delivery centre at Tianjin, which will have capacity of 300 seats. The other centres in China are at Bejing, Shanghai and Hangzhou. With this, the company will have a staff strength of over 1,300 in the region.

Leading networking company, Cisco Systems has announced to halt recruitment of fresh staff following global slowdown. The move would enable it to cut costs by 2 billion dollar. It would also employ other cost cutting measures to deal with the situation. Cisco has 30% market share in the Unified Communications (UC) domain and it is facing stiff competition from Microsoft and Avaya.

Cisco Systems Executive Vice-President and Chief Globalisation Officer, Wim Elfrink ruled out any retrenchment but maintained that it would not hire new staff. He was addressing reporters in the side lines of the World Economic Forum's function in New Delhi.

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.