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Latest Techno News

2011-06-25T05:40:00.001+05:30

The search engine, Google is encircled with the number of government investigations. Its supremacy in search advertising has raised speculations that it’s destroying competition by misusing its dominance.
An insider has revealed that at least three state attorneys general including California, Ohio and New York have begun antitrust probes into Google. According to the sources, the internet giant has been accused by rivals of supporting its own services over others in its search results.

Google, however, refused to comment on the report. Even the attorneys general of three states couldn’t be reached for comment.

Google’s search advertising was under the microscope by European Commission since last November.

Google rivals who specialize in vertical searches like price comparison websites, which are widely seen as a threat to Google's position as a key gateway to online information, are filing the complaints with regulators.
Google has been seeing a stock plunge. The company's shares were above $600, in the beginning of the year but are now below $500.

Latest Techno News

2011-06-25T05:36:00.002+05:30

Oracle Corp. which has successfully surpassed the analysts’ expectations has now raised concern for the investors who believed that it would we difficult for the software maker to keep up to those expectations.
Insiders have revealed that world’s leading software company is facing shaky economies across the globe. The company has already earned huge benefits from the buyout of Sun Microsystems over a year ago.

Investors are arguing to keep up the same figures is going to be tad difficult for Oracle. In past five years, Oracle has been continuously showing great results, helped by the series of acquisitions.

According to the latest report, analysts are estimating an 18 per cent rise in profit for Oracle’s fiscal fourth quarter, ended May 31. However, many are concerned about the company's outlook for the current quarter’s new software sales, which are important for long-term growth.

It is assumed that Oracle’s forecast for the current quarter will be lower than the analysts’ expectations. Recently, Oracle's shares saw 10 percent dip since the end of April, sources cited.

Latest Techno News

2011-06-25T05:34:00.000+05:30

Dell’s Chairman Suresh Vaswani is eying on the valuable talent pool of Wipro, his ex-employer, a source revealed. Recently, Vaswani met the head of Wipro's BPO division - Ashutosh Vaidya and if rumors are to be believed then Vaidya may soon leave Wipro to be the head of Dell's BPObusiness.

Dell’s Vaswani see Vaidya as the most suitable candidate for carving Dell's BPO strategy. However, no official announcement has been made by any of the company.

Vaswani quit Wipro after 25 years of serving the company and now is helping Dell grow its nearly $8 billion services and BPO business. Dell, which marked late entry in the outsourcing market, purchased Perot System in 2009 for $3.9 billion to take on its rivals IBM and HP.

It is reported that Vaswani, who directs Dell's global services business as its Executive Vice-President, aims to build a team of senior and veteran leaders to outline company's outsourcing strategy. That’s why he is hunting for experienced talent in the industry.