Corporates looking for more datacenter space

Corporates looking for more datacenter spaceA report formulated by the Digital Realty suggests that there is a continuous need for expansion of datacenters.

A survey conducted by the Campos Research and Analysis for Digital Realty with taking into consideration the senior decision makers said that as much as 83 per cent of respondents are planning datacenter extensions in the next 12 to 24 months.

36 per cent of the respondents have distinct plans to make extensions during 2010, and 73 per cent plan to add two or more facilities as part of their strategic datacenter extension.

Cost overruns forces EADS into deep losses, scraps dividend

EADS-LogoTroubled by cost overruns on two of its biggest airplanes - European Aeronautic, Defence & Space Co. has scrapped its annual dividend for the first time since 2000 when the company was formed by the merger of DaimlerChrysler Aerospace of Germany, Aérospatiale-Matra of France, and Construcciones Aeronáuticas of Spain.

Intel, Newegg to investigate on sale of fake chips

Intel, Newegg to investigate on sale of fake chipsNewegg and Intel have said that they are investigating on the whole issue of the sale of fake chips. According to the company, it is going to check is and every aspect of the supply chain. The company has acted fast to find out links using which, the processor came in to the company and then sold to the market as an Intel processor.

Obama takes potshots at insurers in an effort to mobilize public support

Barack-ObamaEven as the health care bill, once the top priority of President Barack Obama, is still in a limbo, all the president's men stepped up attacks on the insurers asking them to justify premium hikes.

In an attempt that is widely viewed as a tactic to mobilize public support and persuade lawmakers to push US health-care legislation, Obama administration's top health asked the insurance companies to "publicly justify premium hikes."

White House officials are garnering support of American public for the biggest reform in US health care that still faces opposition from Republicans and some Democrats.

Billabong taken to court by CVBB

BILLABONGBillabong International has been taken to a court by its former Indonesian licensee. The case against the largest publicly traded surfwear marker is that even though its distribution license has expired in the country, it has continued to do business.

The name of the licensee is CV Bali Balance (CVBB).

As per the claims made by CVBB, it has lost millions because of the termination of license and now wants $53 million for specific losses and $100 million for unspecified damages that have happened.

HP’s Windows 7 slate to take on Apple’s iPad

HP’s Windows 7 slate to take on Apple’s iPadJust hours after Apple released its first iPad commercial during the live telecast of the Academy awards; HP released a video of its new touch screen tablet, the Slate.

Taking a jibe on Apple's iPad, which cannot support Flash, the HP's Slate will run on the Windows 7 operating system and can run Flash-based sites or videos.

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