Antivirus Software Launched By Kaspersky Lab

MOSCOW, RUSSIA (GaeaTimes.com)- Those who are looking for an affordable ye effective protection for their PC and laptops in India have something to look forward to. Kaspersky Lab has launched its latest version of anti virus and internet security software for the Indian users. The 2011 versions of Kaspersky Antivirus and Kaspersky Internet Security … Read more >>.

Avago Technologies to sell 26.8 million shares in secondary offering by existing shareholders

Avago Technologies holders to offer 26.8M shares

SAN JOSE, Calif. – Avago Technologies Ltd. on Tuesday said it plans to sell 24.8 million shares in a secondary offering.
All of the shares are being sold by existing stockholders, the chipmaker said.
The underwriters will have a 30-day option to purchase up to 3.7 million more shares from existing … Read more »»».

Avago Technologies narrows fiscal 3rd-qtr outlook; now expects $550M revenue, tops Street view

Avago Technologies narrows fiscal 3Q revenue view

SAN JOSE, Calif. – Chip maker Avago Technologies Ltd. on Tuesday narrowed its guidance for fiscal third quarter revenue, but the new forecast remains above Wall Street expectations.
Avago said it now expects revenue for the three months ended Aug. 1 to be about $550 million.
Previously, the company said it …. Original article  : Avago Technologies narrows fiscal 3rd-qtr outlook; now expects $550M revenue, tops Street view.

Ambac Financial, Intel, Fossil, Grand Canyon Education among big market movers Tuesday

Ambac Financial, Intel, Fossil big market movers

NEW YORK – Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Gartner Inc., up $2.67 at $28.23
The information technology research firm posted a better-than-expected quarterly profit and raised its forecast for the year.
Ambac Financial Group Inc., down 20 cents to … Read the original article on Gaea Times at : Ambac Financial, Intel, Fossil, Grand Canyon Education among big market movers Tuesday.

Marquee deal: Netflix to pay nearly $1 billion to stream movies from Paramount, Lionsgate, MGM

Netflix to stream Paramount, Lionsgate, MGM movies
LOS ANGELES – Netflix Inc. will pay nearly $1 billion during the next five years for the online streaming rights to movies from Paramount, Lionsgate and MGM in a deal that could help Netflix attract even more subscribers.
The agreement announced Tuesday marks another breakthrough in Netflix’s bid …. Source article on Gaea Times at  : Marquee deal: Netflix to pay nearly $1 billion to stream movies from Paramount, Lionsgate, MGM.

Worries about weak back-to-school PC demand hurts shares of chipmakers Intel, AMD, Nvidia

Intel, other chip makers suffer on PC sales fears
SAN FRANCISCO – Shares of chipmakers Intel Corp., Advanced Micro Devices Inc. and Nvidia Corp. dropped Tuesday as analysts said demand for computers looks shaky heading into the all-important back-to-school season.
The stocks tumbled as J.P. Morgan analyst Christopher Danely warned investors that personal computer orders … Read more »».

Almost Half of the Student Notebook Buyers Go for Mac

According to the new survey by Student Monitor this weekend, almost half of the college students are planning to buy Macs as their notebook purchase plan. Out of the 87 percent of prospective buyers, 47 percent are keen to get some type of MacBook. This is an all-time high number for [..] Read the original article: here.

Goldman Sachs upgrades Akamai, downgrades Nuance after disappointing quarter

Goldman Sachs upgrades Akamai in place of Nuance

NEW YORK – Shares of Nuance Communications Inc. took a hit Tuesday after the speech-recognition and digital imaging software maker posted disappointing results for its fiscal third quarter and was downgraded by Goldman Sachs.
Meanwhile, analyst Derek R. Bingham upgraded Akamai Technologies Inc. to “Buy” from “Neutral” and said … Read more »».

IT research firm Gartner says it will repurchase up to $500 million outstanding shares

Gartner plans to buy back up to $500M in shares

STAMFORD, Conn. – Information technology research firm Gartner Inc. plans to buy back up to $500 million of its common stock under a newly authorized repurchase plan.
The company said Tuesday it will use cash and possibly debt to pay for the stock. The buyback will boost …. Original source  : IT research firm Gartner says it will repurchase up to $500 million outstanding shares.

Gartner hits high after firm posts strong 2nd-qtr results, raises forecast, announces buyback

Gartner shares hit high on strong 2Q, buyback plan

STAMFORD, Conn. – Shares of Gartner Inc. hit a year-high on Tuesday after the information technology research firm posted better-than-expected second-quarter profit.
The company also raised its earnings and revenue forecast for the year, and said it will buy back $500 million in shares.
The stock reached $28.58 before … Read this article on Gaea Times at : Gartner hits high after firm posts strong 2nd-qtr results, raises forecast, announces buyback.

As Saudi and UAE cite BlackBerry security threat, efforts to clamp down on flow of data seen

Info freedom at center of Gulf’s BlackBerry debate
DUBAI, United Arab Emirates – The militants who carried out the 2008 terror attacks in Mumbai, India, used mobile phones and other handheld gadgets to coordinate an assault that left 166 dead.
Cell phones with video cameras helped bring the world the iconic footage of a young … Read the original article on Gaea Times at : As Saudi and UAE cite BlackBerry security threat, efforts to clamp down on flow of data seen.

SAIC will provide IT services to Agriculture Dept. under deal worth up to $52M over 5 years

SAIC gets USDA contract worth up to $52M
McLEAN, Va. – Government contractor Science Applications International Corp. said Tuesday it will provide information technology services to the U.S. Department of Agriculture’s Farm Service Agency under a contract worth about $52 million over five years.

SAIC said the contract is for one year with options to renew in [..] Read the original article: here.

Human rights groups ask WikiLeaks to censor files, remove names of Afghans put at risk

Human rights groups ask WikiLeaks to censor files

LONDON – Human rights groups said Tuesday they’ve asked WikiLeaks to censor secret files on the Afghanistan war to protect civilians who’ve worked alongside the U.S. and other foreign forces from reprisals.
The Afghan Independent Human Rights Commission, Amnesty International and three other groups have sent a series of … Original article on : Human rights groups ask WikiLeaks to censor files, remove names of Afghans put at risk.

Enterprise 2.0 Overshadows Web 2.0 as the Latest Buzz

When Enterprise tools 2.0 first hit the arena, the social networking tools usher a different flavor of collaborative behavior across the enterprises. According to a report by Ovum, the social collaborative tools like profiles, wikis, blogs, microblogs, tagging are widely available in Enterprise 2.0 products and embedded in office productivity and they have made … Read more »»».

Google and Verizon Join Hands for Net Neutrality: Implications Behind Openness

The net neutrality deal by Google and Verizon has created ripples over the future of Internet Services. Google has been the promoter of open standards all through and the new proposal is just another extension. With the proposal, both the companies would be trying to influence regulators and lawmakers in the debate over the …. Read the original article  : Google and Verizon Join Hands for Net Neutrality: Implications Behind Openness.

Google to introduce ‘Street View’ in 20 German cities this year despite privacy concerns

Google to introduce ‘Street View’ in Germany
BERLIN – Google will introduce its “Street View” mapping feature for 20 of Germany’s largest cities before the end of the year, the company announced Tuesday, launching a new debate over privacy in Germany.
German officials have been one of the harshest critics of the “Street View” program, …. Source  : Gaea News Network.

Yahoo gets a bump with patent infringement verdict

Yahoo heartened by patent verdict
NEW YORK – Yahoo Inc. said it is pleased with a jury verdict that found it did not infringe a patent held by Bright Response LLC.
A U.S. District Court jury in Texas found that Yahoo and Google Inc. did not infringe Bright Response’s patent covering the routing of electronic … Read more : Yahoo gets a bump with patent infringement verdict.

SKorean police raid Google Korea on suspicion of violating communications and privacy laws

SKorea police raid Google over Street View service
SEOUL, South Korea – South Korean police investigators raided Google’s Seoul offices on Tuesday on suspicion the Internet search company was illegally gathering personal information for its street mapping service.
Police official Ahn Chang-soo says a cybercrime unit is investigating Google Korea for possibly violating South Korean …. Source  : Gaea News Network.

What would Mom say? NY-based website takes wagers from students on their own grades

Website sponsors gambling on grades at 36 colleges

LAS VEGAS – Think you’re going to ace freshman year? Want to put money on that?
A website called Ultrinsic is taking wagers on grades from students at 36 colleges nationwide starting this term.
Just as Las Vegas sports books set odds on football games, Ultrinsic will pay you top … Read : What would Mom say? NY-based website takes wagers from students on their own grades.