Technology Sector

PC shipments rose marginally at 1.7% in Q3

PC shipments rose marginally at 1.7% in Q3Personal computer (PC) shipments showed a marginal increase of 1.7% for the period ended September 2008. It indicates about 9 per cent drop in the PC shipments as compared to the previous data. Meanwhile, note book shipment has shown 38% increase in the third quarter according to the recently compiled data of research firm, IDC.

Wipro To Acquire Citi IT Arm For $127 Million

Wipro, CitigroupIndian software and outsourcing giant Wipro Technologies, is all set to buy the IT arm of Citigroup for around $127 million. Citi Technology Services deals with IT services and solutions of City group's Indian operations.

Citigroup would outsource all future infrastructure management contracts to Wipro. The Indian firm would also absorb about 2000 employees of City in its Mumbai and Chennai offices. It would provide all infrastructure and development related aids to the bank for six years, to assure revenue of at least $500 million.

World Bank Bans Satyam For 8 Years

World Bank Bans Satyam For 8 Years The World Bank has decided to ban, India's top computer software services provider Satyam Computer, for eight years, starting from September this year. The company has been charged with the data theft and paying bribes to its staff for its vested interests. The bank has decided to snap all business ties with the computer giant, following a flood of complaints.

Hexaware Revamps Biz Structure

Hexaware Revamps Biz StructureIT services firm Hexaware Technologies has appointed new heads for its business units and has strengthened its organisational structure and the management team.

The software exporter shall now focus on three specific business areas, banking, financial services and insurance (BFSI); travel and transportation; and Emerging verticals.

The Emerging verticals unit will concentrate the manufacturing and healthcare areas and the existing non BFSI and non travel and transportation activities at one place, for better management.

Holes Punched In Font By Dutch Company In Order To Save Ink

A new font has been developed by a Dutch company, which had been long looking for ways to reduce the environmental costs of printing.

According to the company, the new font cuts ink usage by about 15 percent. Basically the new font, dubbed as "Ecofont" has little holes in the letters.

The font was designed by Spranq, the Utrecht-based marketing and communication company, which struck on a Swiss-cheese design after failures with the earlier experiments using thin letters and partial letters - like the stripes of a zebra.

Company co-founder Gerjon Zomer said, "It turns out that it's necessary to preserve the size and outline of the letters to keep them readable."

PM Stresses On The Role Of Technology In Supporting Counter Terrorism

PM Stresses On The Role Of Technology In Supporting Counter Terrorism  The role of technology in supporting the counter terrorism and internal security efforts was highlighted today by the Prime Minister Dr Manmohan Singh.

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