SUBMITTED BY : PUSHP SAMBYAL MBA-2B BUISNESS NEWS 25TH OCT – 31TH OCT 2010
Microsoft Q1 net incomerises 51% Microsoft Corp. said that its net income in the latest quarter rose 51 percent, boosted by higher sales of Windows and Office software to businesses. In last year's quarter, Microsoft deferred some revenue from Windows sales. Had it not done so, net income would have been only 16 percent higher this year in comparison. For the fiscal first quarter, which ended in September, net income rose to $5.4 billion, or 62 cents per share, from $3.6 million, or 40 cents per share, in the same period last year. Revenue increased 25 percent to $16.2 billion, from $12.9 billion a year ago.
Microsoft to acquire 3-D chipmaker, price unknown CanestaInc.which makes 3-D imaging chips , has agreed to be bought by Microsoft Corp. for an undisclosed amount. Microsoft is set to start selling Kinect, an add-on for Xbox 360 that can interpret players' body movements, using them to control what happens in the game. Kinect will allow people to play video games without having to mash buttons on a plastic controller. Redmond, Washington-based Microsoft worked with another 3-D sensor company, PrimeSense, in building Kinect. It had also acquired 3DV, a PrimeSense competitor, but did not end up using its technology.
Tata Indicom launches Blackberry Bold 9650 for CDMA users Indicom , the CDMA arm of telecom service provider Tata Teleservices, Friday launched Blackberry Bold 9650, the first combined CDMA-GSM smartphone. The smartphone offers global roaming, an optical trackpad and enhanced wi-fi and GPS capabilities. Customers purchasing the handset in October will be given a special data usage offer. For the first two months they will receive a free data pack worth Rs.900 per month, as well as 500 MB of tethered modem data usage per month.
BlackBerry to provide 'final solution' by Jan-end NEW DELHI: The Centre on Friday said that BlackBerry messenger (BBM) services will continue to be available to customers in India after handset maker Research In Motion (RIM) assured the government that it would provide “final solution” to legal interception to this service by January 31. The government, however, remained silent on whether RIM would provide complete access to its enterprise email services offered to corporates by January-end. “RIM has set up an interim arrangement for lawful interception of BBM services and also assured the government that they will provide the final solution for the lawful interception of BBM services by January 31, 2011,” the home ministry said in a statement.