Technology Sector

TiVo and Netflix join hands to deliver movies

TiVo and Netflix join hands to deliver movies In order to link the television sets with online entertainment, Netflix Inc and TiVo has decided to team up to deliver movies from a Netflix Internet service to TiVo digital-video recorders.

The service is expected to be available in early December.

There will be no extra charge for TiVo subscribers, who also have one of Netflix’s unlimited subscription plans, which start at $8.99 a month. However, the two companies have not disclosed the terms of the deal.

Allied Digital Q2 PAT Up 136%

Allied Digital Q2 PAT Up 136%Allied Digital Services Limited, systems integrator and an IT Infrastructure Management Services Provider company, has declared their consolidated unaudited quarter results with total revenue of Rs. 148.88 crores for the three month period ended September 30th, 2008, an increase of 110% as compared to total income of Rs 70.81 crores for the quarter ended September 07.

The Profit after Tax (PAT) for the period under review stood at was Rs. 24.05 crores as against a PAT of Rs. 10.18 Crores for the quarter ended September 2007, an increase of 136%

ZTE Pockets Exclusive WiMAX Deal In Africa

ZTE Pockets Exclusive WiMAX Deal In AfricaZTE Corporation, a leading worldwide provider of telecommunications equipment and network solutions, announced that it has pocketed an exclusive contract from Chinguitel, a telecom carrier under Expresso Telecom Group (ETG) to assist Mauritania build its first 2.5GHz Mobile WiMAX commercial network.

Under the deal, ZTE will be offering up core network equipment, wireless access devices, plus various communication terminals for indoor and outdoor use.

Moser Baer registers net loss of Rs 42 crore

Moser Baer registers net loss of Rs 42 croreMoser Baer, World's

Cognizant Technologies inks 5-year-pact with AstraZeneca

Cognizant Technologies inks 5-year-pact with AstraZenecaCognizant technologies, a leading provider of global consulting, technology and business process services, has entered into a five-year agreement with UK-based AstraZeneca, a leading pharmaceutical major, to provide application maintenance services in the business-critical areas of research, clinical development, and sales and marketing.

Under the extended agreement, Cognizant will work with AstraZeneca's Global Shared Services organization and implement world class, end-to-end application maintenance services. 

Amazon.com stock slides amid soaring profit

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