San Francisco - Internet portal Yahoo said Tuesday that it planned to cut 5 per cent of its workforce as the company struggles with the economic downturn and the dominance of Google in internet search.
Yahoo announced the job cuts as it reported quarterly income of 118 million dollars, down 78 per cent from a year ago but still above analysts' expectations. Sales for the Silicon Valley company fell 13 per cent to 1.6 billion dollars.
The company said the job cuts will affect between 600 and 700 workers, about the same number that were axed last year in an earlier bid to shore up profits.
MindTree Limited, a Rs 800-crore software and R&D services company, has entered into a global strategic alliance with Skytap Inc, a leading provider of cloud-based virtual lab solutions.
According to company officials, the partnership enables MindTree's customers to scale test labs on-demand through Skytap's virtual lab solution, resulting in reduced IT costs, accelerated lab provisioning, and effective collaboration among global teams.
Skytap provides testing teams with a complete virtual lab solution over the Web.
London, Apr 20: Recession has certainly changed how we surfed web, for instead of buying something, people are searching ways to save money.
Three years ago it was Armani, oysters and buy-to-let mortgages and today its Primark, grow-your-own veg and flat shares among the most searched topics on Internet.
The ongoing credit crisis has reduced people''s interest in organic food and they are now looking for ways to save money by using cheaper cuts of meat.
According to the Google Chrome Program Manager, Anthony Laforge, in the Thursday-released Chrome 2.0.174.0 update, the open source browser now includes a new feature that enables the users the "ability to remove thumbnails from the New Tab Page." Earlier, the option was accessible in default mode.
State-run telecom service provider MTNL intends to launch its third generation (3G) services in Mumbai next month as it targets a user base of 1,00,000 for the third generation mobile service by the year end.
The company has already embarked Rs 200 crore for building optic fiber networks in Delhi and Mumbai for providing fiber-to-the-home, or FTTH services.
The company had recently launched its 3G services `Jadoo' in central and some of parts of South Delhi. The company plans to expand its 3G services to the remaining parts of Delhi in the next two-three months.
The Bharti Telemedia subsidiary of the telecom giant Bharti Airtel is reportedly negotiating a deal with two infrastructure service providers Cisco and Alcatel-Lucent, related to outsourcing the 'last-mile' connectivity of its broadband operations.
The 'last-mile' concept essentially constitutes the last lap of delivering connectivity from an operator's end to the customer's place. In the case of broadband services, 'last-mile' connectivity can be either through wired lines or over the wireless. By outsourcing its 'last-mile' operations, Bharti will be able to not only reduce its operational costs, but also concentrate on its core competencies.