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Amazon launched Kindle fire Tablet for $199
Sep 29th
Amazon’s Kindle fire tablet launched for $199 after much waiting. The kindle fire costs $199 and will run on modified version of Google’s Androd operating system which may prove as the latest and biggest challenger to Apple Inc.’s dominant iPad. The tablet has a 7-inch screen and can access Amazon’s app store, streaming movies and TV shows. The sales start from Nov 15 and the pre-orders started from 28th September.
Amazon’s CEO Jeff Bezos said during the launch, “We asked ourselves, Is there some way we can bring all of the things such as web service, Prime, Kindle, More >
Boeing 787 Dreamliner will take first flight on Monday
Sep 26th
Boeing delivers the first 787 Dreamliner on Sunday. The first one goes to Japan’s All Nippon Airways, which has been printing the 787 logo and “We Fly 1st” on its business cards for years. The new jet, which was supposed to be flying passengers three years ago, has been delayed by production and design problems.
Boeing expects to deliver a combined 25 to 30 of the 787s and new 747-8 this year. To meet the high demand Boeing has set an ambitious goal of building 10 per month by the end of 2013. No one has ever made a large plane that fast. The 787 list price runs between $185 million and $218 million. More >
Meg Whitman replaced Leo Apotheke as the new CEO of HP
Sep 23rd
HP named Meg Whitman, the former eBay Inc Chief Executive Meg Whitman as its president and CEO in the place of Leo Apotheker. Apotheker has been harshly criticized before and in a bid to restore investor confidence HP took this step.
Whitman is an Internet retail expert who transformed eBay from a few dozen employees in 1998 into a global Internet retail powerhouse. Her elevation surprised many with its hastiness and Apotheker becomes the third straight HP CEO shown the door.
“Some might be saying maybe Meg Whitman isn’t the right person, either. She’s not a hardware person,” said Auriga analyst Kevin Hunt. But HP “just needs someone to set the direction.”
Whitman said HP remained committed to completing a review of its PC division before the year ends, and expected to close the pricey $12 billion acquisition of British software maker Autonomy Corp Plc as planned.
HP’s shares closed down 4.8 percent at $22.80, wiping out much of Wednesday’s 6.6 percent gain.
“We would view any decision not to conduct a comprehensive search of internal and external candidates for a permanent CEO role as unsatisfactory and More >
Honda Motor to recall 72,115 City sedan cars in India
Sep 6th
Japanese Honda Motor Co stated that they are to recall 72,115 of its City sedan cars from India inorder to replace a power window switch. This is Honda’s second recall since 2010. ”Honda Siel Cars India Ltd is carrying out the part replacement as part of a global exercise by Honda Motor Company to ensure stringent quality standards for its products,” a company statement said on Monday. The recall affects cars manufactured between 2005 and 2007. The company recalled 8,532 City cars in January last year that had been manufactured in 2007, it said in the statement. More >
HP Tablet mania starts with the liquidation of HP Touchpads!
Aug 23rd
HP discounted tablets and Touchpad rates. The $99 HP tablet has arrived. Hewlett-Packard TouchPads are being liquidated in the wake of HP’s announcement that it is shuttering the WebOS device business. HP announced a fire sale over the weekend. The company’s website listed the 16 GB model at $100 and the 32 GB version at $150.
Across the Internet Sunday and Monday, people were frantically trying to find out where they might score that one $99 tablet. At this point, it appears that brick and mortar stores More >
HP acquiring Autonomy – The Enterprise Software Company
Aug 19th
HP, the largest computer manufacturer is in talks to buy Autonomy, an enterprise infrastructure software company. A report from Bloomberg states that HP is all set to buy the European infrastructure software company Autonomy for $10 billion.
Hewlett-Packard will discontinue its line of products running its WebOS operating system, including TouchPad tablets, the company said today.
Autonomy’s main technology, ‘Intelligent Data Operating Layer‘ (IDOL), allows search and processing of text taken from database, audio, video or text files or streams. The company’s software allows enterprises to provide insight and structure to electronic data, including unstructured information, such as text, email, web pages, voice, or video.
HP also reported that it is exploring ‘strategic alternatives’ for its Personal More >
Apple’s patent lawsuit against Samsung blocked sales of Samsung Galaxy Tab 10.1 in Europe!
Aug 10th
The Samsung Galaxy Tab 10.1 sales have been blocked by a patent law suit filed by Apple. A German court granted Apple a preliminary injunction against the Korean company Samsung Galaxy Tab 10.1 tablet sales in UK as well as Europe. Regional Court of Düsseldorf issued an injunction prohibiting the sale and importation of the Galaxy 10.1 throughout the European Union except for the Netherlands.
Samsung was sued by Apple over the look and feel of the Galaxy S products and the ruling was given on the grounds that it infringes the iPad’s design. Up to $350,000 fine for each violation and potential jail time for Samsung’s leadership if the infringement continues.
Apple issued a statement: “It’s no coincidence that Samsung’s latest products look a lot like the iPhone and iPad, from the shape of the hardware to the user interface and even the packaging. This kind of blatant copying is wrong, and we More >
News Corp opts out of BSkyB bid
Jul 13th
News Corporation withdrew its bid to BSkyB because of the pressure from the public and parliament on Wednesday. Rupert Murdoch’s media group News Corporation previously bid to take full control of pay-TV company BSkyB.
“It has become clear that it is too difficult to progress in this climate,” Chase Carey, News Corp.’s Chief Operating Officer, said in an e-mailed statement today. He said News Corp. remains a committed long-term shareholder in BSkyB.
This move shattered News Corp’s key strategy for UK corporate growth. The proposed £8bn deal has been in process for more than a year starting from June 2010. News Corp will have to pay BSkyB a break fee of around £38.5m after walking away from the deal.
More than £3bn has been loosed from the value of BSkyB shares since the Guardian revealed that News of the World journalists had More >
News of the World shutting down after Phone-hacking Scandal!
Jul 11th
New of the World is the biggest selling Sunday tabloid paper in Britain which is shutting down its publication after 10th July 2011. The paper started its publication in 1843 and is successfully popular for over 168 years.
British Prime Minister David Cameron’s ordered for two inquiries to start when police wrap up their investigations.
The family of a murdered British girl whose phone was hacked by people working for the News of the World will meet Britain’s deputy prime minister Monday, keeping the scandal in the public eye despite the abrupt closure of the best-selling tabloid on Sunday.
The owner of News of the World, media magnate Rupert Murdoch, flew into London Sunday, hours after the final edition of the 168-year-old newspaper hit the stands.
News of the World was the first British national newspaper More >