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  • HP raises outlook for 2013

    Hewlett-Packard raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services. While fiscal second-quarter profit plummeted 32 per ...

  • Murthy scandal iGate staff gets social media code

    iGate employees in India received an email from the company's communication team at around 8 am, explaining the situation and telling them not to discuss it on social ...

  • Twitter adds two-step verification process

    Twitter is adding an extra security measure to users' accounts in an effort to prevent unauthorized logins. Twitter said in a blog post Wednesday that users will be able to enroll in a login verification program. For those who sign up, Twitter will send a six-digit code using a text message each time they sign in to Twitter.com. Besides their username and password, users will have to enter ...

  • How Lenovo outshines PC rivals

    Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades. Lenovo, a sliver away from unseating Hewlett-Packard Co as the world's top PC maker by shipments, posted on Thursday an estimate-beating 90 percent rise in quarterly ...

  • Indian company blamed for global cyber attacks

    NEW DELHI: A Norwegian cyber security firm has alleged that a sophisticated cyber attack infrastructure appears to originate from India, conducted by private actors with no evidence of state-sponsorship. Norman Shark, Norwegian firm, has also named an Indian company that is known to work with Indian military and intelligence as one of the possible suspects behind the attacks. The Indian company, ...


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Movie Review

Payback

About the only mean thing Mel Gibson doesn't do to prove his badness in "Payback" is steal candy from a baby. In the first five minutes alone, he brusquely pushes apart a loving couple holding hands, steals money from a homeless Vietnam veteran, stiffs a waitress on her tip, snatches a businessman's wallet, and proceeds to use the driver's license to take money from the man's bank account and the ... ...

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  • SAP hunts for autistic workers

    SAP said that it will provide job coaches to act as mediators between autistic workers and their colleagues. In a statement, the company said that it wanted to find workers that "think different", and will recruit hundreds of people with autism within the next few years. It wants to train 650 workers with autism to become IT specialists by 2020. The figure amounts to one percent of ...

  • Lenovo says quarterly profit up 90 percent

    BEIJING - Computer maker Lenovo Group says its latest quarterly profit rose 90 percent as sales of smartphones and mobile computing technology expanded.Lenovo Group said Thursday it earned $127 million, or 1.22 cents per share, in the three months ending March 31. Revenue rose 4 percent over a year earlier to $7.8 billion.Lenovo ranks a close second behind Hewlett-Packard Co. as the biggest ...

  • Phaneesh Murthy scandal iGate to face tough time

    It has been a tough two days for IT services firm iGate, which fired its chief executive Phaneesh Murthy for not disclosing a relationship with his ...

  • Start and sell India’s new Valley success stories

    Abheek Anand is no ordinary product manager working out of Facebook's California headquarters. The 32-year-old, along with fellow IITian Sohan Majumdar, sold the mobile-based customer loyalty startup Tagtile, which they had jointly launched, to Facebook last year. Anand and Majumdar represent the new generation of tech entrepreneurs in Silicon Valley. This breed thrives by soaking up the ...

  • PEs may look at CEO penalty clause in deals

    Private equity and entrepreneurs form a heady mix. While private equity firms look for individuals with cracker business ideas, the latter look for capital to back their dreams. And so in their attempt to strike gold, private equity takes risks on the entrepreneur as well as on the project. London-based Apax Partners, which manages assets worth $35 billion globally, also did the same. ...

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