An early sign emerged on Wednesday that the mega IT acquisition of EDS by old behemoth Hewlett Packard Company (HP) would bring cheers to techies looking for better pay and prospects amid a US economic slowdown.
News & Views
HP to Acquire EDS for $13.9 Billion
Hewlett-Packard (HP), a global technology leader with major businesses operations in computer hardware, software, printing and services announced today that they will acquire Electronic Data Systems (EDS) for US$13.9 billion in an all cash deal.
iPhone India rollout to be largest in the world
The rollout of Apple, Inc’s iPhones in India is set to be the largest, anywhere in the world. It is understood from industry sources that Apple’s iPhones will be sold through about 2.5 lakh Vodafone and Airtel retail outlets including franchisee owned shops.
Microsoft Withdraws Its Bid for Yahoo
Microsoft has announced it is dropping its bid to acquire one of their Internet competitors, Yahoo, after a three-month courting effort by Microsoft.
Microsoft’s attempt to buy out Yahoo may never happen
Microsoft has been attempting to purchase Internet giant Yahoo! in hopes of leveraging the internet presence of Yahoo! in Microsoft’s battle with Google. However, Microsoft has seen a revenue drop this last quarter which could greatly affect the software giant’s ability to up the price again in hopes Yahoo! would accept.
PSLV rocket launches ten satellites
ISRO created history by successfully placing ten satellites in orbit in less than 20 minutes using the PSLV rocket. This is the 21st orbital launch of 2008, and the second to be conducted by a PSLV.