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Microsoft and Yahoo said close to search deal |
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Written by Neena Sareen
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Friday, 17 July 2009 15:37 |
San Francisco - Microsoft and Yahoo are close to signing a deal to collaborate on search and advertising in a bid to challenge Google's overwhelming dominance.
Bloomberg financial news serfice Friday reported that the two companies could reach a deal as early as next week, though the deal could still disintegrate. The two companies refused to comment on the reports.
Google controls some 65 per cent of the US internet search with Yahoo ranked a distant second with 19.6 per cent and Microsoft third with 8.4 per cent.
Microsoft almost bought Yahoo last year for 47.5 billion dollars but the move was scuttled at the last minute by Yahoo co-founder and CEO Jerry Yang, who later resigned following widespread criticism. Microsoft has since refused to revive the buyout offer, but Yang's successor Carol Bartz confirmed in May that the two companies were holding talks on search collaboration.
News of the deal came just weeks after Microsoft launched its new search engine Bing, which has been widely praised as a worthy competitor to Google.
The All Things D blog on the Wall Street Journal said top Microsoft executives were in Silicon Valley to discuss the deal which involves the software giant paying Yahoo billions of dollars plus recurring payments to take over Yahoo's search advertising business.
Advertising linked to search terms is the most lucrative business strategy on the internet. On Thursday Web search giant Google reported a 19 per cent increase in second quarter profits to 1.48 billion dollars from 1.25 billion dollars a year ago.(dpa) |
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Sony launches wireless walkman series |
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Written by Administrator
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Wednesday, 15 July 2009 16:21 |
Leading electronic gadget manufacturer, Sony India, launched its new Walkman W series of mp3 players - NWZ-W202 - with colorful designs and all modern features, in a bid to attract Indian young generation. The firm aims at capturing 30 per cent market share, thereby becoming the number one company in the Indian MP3 market by 2010.
Masaru Tamagawa, the Managing Director of Sony India, said: "We aim to achieve a market share of 30 per cent in the estimated 9-lakh units in the Indian MP3 market. To achieve this, we will keep launching more innovative products and expand our sales network. We are also planning an aggressive strategy for the purpose."
The company, currently enjoying 20 per cent share in the Indian market, sold around 85,000 units MP3 last year and aims to sell around 1.8 lakh MP3 units by 2010. It is working out plans to increase its retail outlets to 3,000, opening company-owned centers, multi-brand stores and modern retail chains across various Indian cities. Mr. Tamagawa said: "Our products are present in around 1,000 outlets across the country which includes Sony centers, multi-brand stores and other modern retail." |
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Telecom subscribers’ base crosses 400-million mark |
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Written by Harpreet Verma
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Wednesday, 15 July 2009 16:18 |
The booming telecom sector has added yet another feather in its cap, crossing the landmark figure of 400 million telecom subscribers in the country. The country's telecom subscriber base, for the quarter ending March, stood at 429.7 million, as per the data released by Telecom Regulatory Authority of India (TRAI). This brings good news for Indian economy, which is doing well despite unfavorable market conditions of the global market due to the financial crisis.
India's wireless subscriber base was 346.89 during the quarter ending December 2008, which has increased to 391.76 million in the reporting quarter. Similarly, wire line subscriber base increased to 37.96 million, as compared to 37.90 million in the same period last year. However, it remained low for wire line connections in rural areas - where the subscriber base declined to 10.58 million from 10.68 million, reporting a marginal decrease of 0.93 per cent.
Number of Public Call Offices, in the country, increased 0.93 per cent, to 6.20 million from 5.98 million. Internet wire line subscriber base also increased to 13.54 million from 12.85 million, indicating the popularity of internet services in the country. |
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Sterlite Technologies to deploy FTTH Network for BSNL under Rs 372 crore contract |
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Written by Ajay Gupta
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Monday, 13 July 2009 16:54 |
The manufacturer of optical fibers, telecommunication cables and power transmission conductors – Sterlite Technologies today announced that it has bagged Rs 372 crore ($ 77 million) contract from BSNL for deploying a Fiber-to-the-Home (FTTH) Network based on Gigabit Passive Optical Network (GPON) technology; the project is slated to be completed within FY10.
With the current deployment of the FTTH network, the public sector telecommunication company, BSNL (Bharat Sanchar Nigam Limited) will be capable of offering high-speed internet, IPTV (Internet Protocol Television) solutions, VoIP (Voice over Internet Protocol), and other Value Added Services to is over 5,00,000 subscribers.
Additionally, BSNL is also looking to deploy the FTTH network over 25 cities across India by 2012. The project will benefit 2 million subscribers, who will be able to access to speeds as high as 100 mbps, along with a number of feature-rich applications including utility applications, like high-definition video conferencing or entertainment applications like high-speed gaming.
The largest telecommunication company of India, with 24% market share as on March 31, 2008, BSNL is going to be the first telecom company to deploy commercial scale FTTH network in the country. |
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