Technology Sector

HTC launches Rs 45,990-priced Butterfly smartphone in India

HTC launches Rs 45,990-priced Butterfly smartphone in India

HTC has recently launched one of the most expensive smartphones in India --- the HTC Butterfly handset, which will be available to the interested buyers with a staggering retail price-tag of Rs 45,990.

The sturdy 140-gram HTC Butterfly will run the Android OS 4.1 `Jelly Bean' version; and some of its most impressive features will include a 5-inch full HD 1080-pixel Corning Gorilla Glass 2 screen with a resolution of 440 pixels per inch; a 1.5GHz Qualcomm S4 Pro quad-core processor; the HTC Sense 4+ User Interface; and Beats Audio technology.

Canon India unveils first-of-its-kind ‘Out-of-Home’ initiative

Canon India unveils first-of-its-kind ‘Out-of-Home’ initiative

Unveiling a first-of-its-kind `Out-of-Home' (OOH) initiative in India, Canon has recently notched up its standing as a technology innovator by setting up unique neon signage at three international airports in the country.

In a recent announcement, Canon India revealed that it has set up neon signs - which were first put up in 1956 in Times Square - at the International Airports in New Delhi, Mumbai, and Bengaluru. Involving an investment of Rs 70 lakh, the setting up of neon signage was part of Canon India's ongoing marketing initiatives.

Apple reports lower-than-expected iPhone sales; stock slips

Apple reports lower-than-expected iPhone sales; stock slips

Cupertino, Calif.-based Apple Inc has reported lower-than-expected iPhone sales for the Christmas quarter, despite a whopping jump of 67 per cent in the Chinese market.

The tech giant announced that it sold 47.8 million iPhones in the three months through December 29. The reported figure is considerably lower than analysts' forecast average of nearly 50 million.

Revenue grew 18 per cent the quarter year-on-year to $54.5 billion, down from analysts forecast average of 54.9 billion, while profits remained flat on the previous year at $13.1 billion.

Security Explorations finds two bugs in latest Java version

Security Explorations finds two bugs in latest Java version

In a disclosure which caps one week of bad security news for users of Java software, it has been revealed by Security Explorations that it has discovered two bugs in the latest Java version which can be combined to circumvent the software's sandbox.

Wipro reports better-than-expected quarterly earnings

Wipro reports better-than-expected quarterly earnings

Wipro Ltd, India's third largest software services provider, on Thursday joined TCS Ltd and Infosys Ltd in reporting better-than-expected quarterly earnings.

Wipro announced that its net profit for the quarter through December 2012 jumped 18 per cent year-on-year, from 14.56 billion rupees to 17.16 billion rupees. The reported net profit figure is much better that analysts' average estimate of 16.45 billion rupees.

TCS shares rally on better-than-expected Q3 results

TCS shares rally on better-than-expected Q3 results

Stock in Tata Consultancy Services (TCS) gained around 5 per cent to Rs 1,400 on National Stock Exchange (NSE) in opening trades on Tuesday after the software giant reported better-than-expected results for the third quarter of the current fiscal.

TCS announced that its consolidated net profit jumped 1 per cent quarter-on-quarter to Rs 3,552 crore in the three months through December 2012. On year-on-year basis, consolidated net profit jumped by a whopping 23 per cent.

Windows 8 Available for Download to Developers, IT Pros

Windows 8 Available for Download to Developers, IT Pros

Developers and IT professionals can now download Windows 8, along with its Visual Studio 2012 and .NET 4.5 tooling, from the Microsoft Developer Network (MSDN).

The Redmond-based software giant initially released Windows 8 operating system to manufacturing (RTM version of the new operating system) on August 1, but the bits didn't become available until August 15.

This availability of the Windows 8 will enable developers to start creating apps for the new software early so they can start offering the apps when Microsoft ships Windows 8 at the end of October.

Motorola to shed 20% of its global workforce

Motorola to shed 20% of its global workforce

Handset maker Motorola Mobility, a subsidiary of Google Inc., will shed 20 per cent of its global workforce to boost chances of sustaining profitability over the long-term.

The announcement of job cuts was made by Google, which at the time of Motorola purchase had assured that it would allow the handset maker to operate independently.

As many as 4,000 Motorola employees loose their jobs. Two-thirds of the cuts will be outside the United States. At Motorola's Sunnyvale facility, nearly 160 employees will be affected by the move.

Google acquires Frommer’s line of travel guidebooks

Google acquires Frommer’s line of travel guidebooks

Continuing its aggressive push into the travel business, Google Inc. on Monday confirmed its acquisition of the Frommer's line of travel guidebooks.

With its latest acquisition, which is the newest evidence that Google wants to control all the experiences around travel, the world's leading Internet search giant will get Frommers. com, its guidebook content, and mobile apps.

The Frommer's travel brand will join Google's travel assets like Zagat Survey, a restaurant reviewer it bought in 2011, and ITA Software, an airfare search and pricing system that it acquired in 2010.

U.S. judge orders Apple, Samsung attorneys to meet on Monday

U.S. judge orders Apple, Samsung attorneys to meet on Monday

The U. S. federal judge presiding over the high-profile Apple-Samsung patent infringement trial has ordered attorneys of the two rivals to meet and confer in person.

U. S. District Judge Lucy Koh said the court was frustrated with the two parties' respective reports about their meet and confer efforts on final jury instructions.

In her order, the frustrated judge said, "Lead trial counsel shall meet and confer in person today and file joint and disputed final jury instructions by Monday, August 13, 2012 at 8 a. m."