Showing posts with label organizations. Show all posts
Showing posts with label organizations. Show all posts

Tuesday, January 26, 2010

Microsoft Misrepresentation

The "Get the facts" campaign argues that Windows Server has a lower TCO than Linux and lists a variety of studies in order to prove its case. Proponents of Linux unveiled their own study arguing that, contrary to one of Microsoft's claims, Linux has lower management costs than Windows Server. Another study by the Yankee Group claims that upgrading from one version of Windows Server to another costs a significant fraction (a quarter to a third) of the switching costs from Windows Server to Linux, even for large enterprises, and that the other major reasons for a switch away from Windows servers were the increased security and reliability of Linux servers and a chance to escape the Microsoft "lock-in."

In 2004, the Advertising Standards Authority (ASA) of the UK warned Microsoft that an ad from the campaign which claimed that "Linux was ... 10 times more expensive than Windows Server 2003", was "misleading", as the hardware chosen for the Linux server was needlessly expensive. The ASA's complaint was that "the measurements for Linux were performed on an IBM zSeries, which was more expensive and did not perform as well as other IBM series." The comparison was to Windows Server 2003 running on two 900 MHz Intel Xeon CPUs.

Previous Post's: Indian republic has much to be proud of

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Tuesday, December 15, 2009

Indian entrepreneurs are globally recognized

Bangalore: Indian entrepreneurs are globally recognized for building successful organizations right from scratch and this has projected India as a favorable location for entrepreneurship, but what do the entrepreneurs think about India and its future? Nearly 84 percent of respondents of a recent survey believe that India is headed in the right direction, while 87 percent feel that the country will be economically more powerful in the next five years. However, the two most important factors affecting India's future growth, the survey reveals, are making the government more business-friendly and cleaning up corruption.

The survey by the London based think tank Legatum Institute reveals how Indian entrepreneurs look at the economy, what they rate as important factors affecting its future growth and how they assess their own business roadmap, reports Mint. The survey involved 2,357 individuals with a majority of them saying that India is an ideal place for entrepreneurs to succeed, which reflects the optimism of the country's future.

According to the Legatum Institute, future iterations of the survey will allow India's business leaders, policymakers and thought leaders to track trends and understand how changes in the larger economy are affecting India's entrepreneurial population.

The survey also points out that family plays a crucial role in the growth of an entrepreneur. Apart from family, the start up funds, which avoid stifling rules and corrupt practices also help in building a favorable ecosystem in the country to foster entrepreneurism.

Previous Post's: India is the fourth largest illegal downloader

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Wednesday, November 25, 2009

Microsoft Diversity!

In 2005, Microsoft received a 100% rating in the Corporate Equality Index from the Human Rights Campaign, a ranking of companies by how progressive the organization deems their policies concerning LGBT (lesbian, gay, bisexual and transsexual) employees. Partly through the work of the Gay and Lesbian Employees at Microsoft (GLEAM) group, Microsoft added gender expression to its anti-discrimination policies in April 2005, and the Human Rights Campaign upgraded Microsoft's Corporate Equality Index from its 86% rating in 2004 to its current 100% rating.

In April 2005, Microsoft received wide criticism for withdrawing support from Washington state's H.B. 1515 bill that would have extended the state's current anti-discrimination laws to people with alternate sexual orientations. Microsoft was accused of bowing to pressure from local evangelical pastor Ken Hutcherson who met with a senior Microsoft executive and threatened a national boycott of Microsoft's products. Microsoft also revealed they were paying evangelical conservative Ralph Reed's company Century Strategies a $20,000 monthly fee. Over 2,000 employees signed a petition asking Microsoft to reinstate support for the bill. Under harsh criticism from both outside and inside the company's walls, Microsoft decided to support the bill again in May 2005.

Microsoft hires many foreign workers as well as domestic ones, and is an outspoken opponent of the cap on H1B visas, which allow companies in the United States to employ certain foreign workers. Bill Gates claims the cap on H1B visas make it difficult to hire employees for the company, stating "I'd certainly get rid of the H1B cap."

Previous post's: Google and TiVo know that you watch ads


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Sunday, November 22, 2009

Microsoft Business Division!

The Microsoft Business Division produces Microsoft Office, which is the company's line of office software. The software product includes Word (a word processor), Access (a personal relational database application), Excel (a spreadsheet program), Outlook (Windows-only groupware, frequently used with Exchange Server), PowerPoint (presentation software), and Publisher (desktop publishing software). A number of other products were added later with the release of Office 2003 including Visio, Project, MapPoint, InfoPath and OneNote.

The division also develops financial and business management software for companies. These products include products formerly produced by the Business Solutions Group, which was created in April 2001 with the acquisition of Great Plains. Subsequently, Navision was acquired to provide a similar entry into the European market, resulting in the planned release of Microsoft Dynamics NAV in 2006. The group markets Axapta and Solomon, catering to similar markets, which is scheduled to be combined with the Navision and Great Plains lines into a common platform called Microsoft Dynamics.

Previous post's: Nokia to acquire HTC


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Wednesday, November 11, 2009

Google to acquire Admob!

This morning we announced that AdMob has signed a definitive agreement to be acquired by Google. I'm obviously excited, and not only for our customers, partners, and employees. I'm excited because I believe this will be an important moment for everyone involved in producing, consuming, or monetizing engaging products on mobile. The truth is that the mobile industry has had no shortage of creative energy, amazing products, and talented entrepreneurs. But until now, it has always felt like those of us involved in this space played second fiddle to our online brethren. I believe that time is over.

I've been working in mobile for over 7 years now. Before AdMob, I founded two separate mobile startups that never got significant traction. It was so frustrating to build what I knew was an incredible service only to find myself unable to distribute or monetize the product without a carrier or handset deal. Turns out, I wasn't the only one. Talk to any veteran in mobile and they will tell you just how hard it was to get things done only a few years ago. I remember we used to have a cynical saying that summarized both the promise that mobile possessed and the monumental barriers we could not cross: "Mobile is the future, and always will be."

That frustration is what led me to found AdMob a few years ago while I was in grad school. Over the years I've been fortunate enough to gather a tremendously talented group of employees. Together we've been a part of helping to create a healthy and vibrant environment where developers and publishers, small and large, can both promote their services as well as benefit from the attention and usage their products attract. In our early days we were focused primarily on the mobile web, and gained immense satisfaction from each new business that our service made possible within the mobile browser.

Then came the iPhone. Suddenly, Apple solved so many problems that had plagued mobile for so long. They showed all of us the way forward and their efforts have led to a landslide of rapid improvements in our space. We were so excited by the promise the iPhone represented that we shifted a significant portion of our attention to that device in its very early days. We launched the first iPhone ad units focused on the web and quickly added the capability to run ads in applications. Now with the addition of excellent devices from Palm, Nokia, RIM, and plethora of Android powered smartphones, we have all the preconditions necessary for what will be a tidal wave of mobile browsing and app usage. But let there be no mistake. Our business, and the mobile industry in general, owes Apple a debt of gratitude.

We now operate in an environment that is much more advanced than the one we entered into a few years ago. There are literally hundreds of competitors, small and large, with different areas of focus and expertise. Lately, it seems that almost every week we hear about a new idea or company in the mobile advertising space. This has led to rapid innovation, and we're excited about the positive attention this deal will bring to mobile advertising. We have no doubt this will bring even more players into the space and accelerate all the innovation that is already taking place.

There are so many people to thank for getting us to this point. We've benefited from the advice and support of the best investors and advisers in the world. We've had tremendous publishers, advertisers, and partners. We're very excited by all the very real benefits this will bring for them. Our ads will become more relevant, our products more robust, and our monetization capabilities more significant. Most importantly, I've had the honor of working with a team of people that were all, top to bottom, completely committed to our mission. I've never in my career seen such dedication, excellence, and passion. This is a group that is smart, fun, and very focused on building and launching amazing products. We've been able to keep the bar so high that I often tell people that I'm very lucky to have founded the company in the first place, as I am fairly certain I wouldn't have made it through the interviews. So let me be plain: None of this would have this happened without the team at AdMob, and I will be forever in their debt.

The best part of all this is what's next. We are not going away. After our deal with Google closes, we will work together to accelerate the pace of innovation in this area. Our product and engineering teams will keep building great products for all of our customers. Our business development team will keep working to maximize ad revenue for the more than 15,000 mobile Web sites and applications that make up AdMob's publisher network. Our sales teams will keep working with our thousands advertisers to deliver successful campaigns and our marketing group will keep pushing to get the word out about mobile. It's just that now we will be able to do an even better job for all of our customers.

I have one important thank you left and it is for Google. We've been blown away by their entrepreneurial attitude, their speed, and their insight. My management team and I have been lucky enough to spend time with some key people at Google, and we've always walked away excited about our shared values and similar cultures. In all of our interactions we've felt their passion for innovation and new ideas. Obviously this transaction represents only a part of their overall interest in mobile but all of us at AdMob are looking forward to working with them to make sure that the future of mobile is no longer so far away.

- Omar

News Source: www.admob.com

Previous Post's: The logos of the largest tech firms

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Monday, November 9, 2009

The logos of the largest tech firms

Bangalore: The logos of the largest tech firms are some of the most recognizable brands in the world. But where do the logos come from? And what do they mean? The history behind some of tech world's most recognizable corporate images are revealed by Techradar.com.

Adobe Systems

Adobe was founded in late 1982 by John Warnock and Charles Geschke. Both worked for Xerox PARC and wanted to develop PostScript - the first major step towards the desktop publishing revolution. The name came from Adobe Creek in Los Altos, California. The fledgling company didn't have much money and employed all means possible to save it - Geschke's 80-year-old father prepared shelving for their office, while Marva Warnock (John's wife) designed the company logo.

Doug Brotz, also from Xerox and Adobe's fourth staffer said, "Of all the companies that came out of PARC, I thought that this one was guaranteed to fail." But after PostScript, Adobe Illustrator appeared with Photoshop following in 1989. The second logo shows a progression from the original while retaining some of the "A" characteristics.

Apple

Most people think the original Apple logo was the striped Apple, but they'd be wrong. It was the intriguing black-and-white Isaac Newton 1976 design. It was drawn by Ronald Wayne, often described as the 'Third Founder' of Apple. He gave up his 10 percent share in the company for just $800 after only two weeks, as he didn't want to get saddled with debt.

Co-founder Steve Jobs was worried that the logo wasn't helping the slow sales of Apple I. Rob Janoff of the Regis McKenna agency was employed and came up with the iconic logo, which was refreshed as the monochrome logo we have today in the late 1990s. Interestingly, rumor has it that the bite out of the Apple is in homage to Alan Turing, a forefather of Computer Science who committed suicide by eating a cyanide-laced apple, but Janoff says he was swayed by the bite/byte concept.

Atari

While some might think the Atari logo is supposed to look like an "A", it actually is designed to replicate Mount Fuji. Indeed the logo was known as the 'Fuji.' Atari Founder Nolan Bushnell was a fan of the ancient strategy game Go, played on the lower slopes of the mountain.

Canon

Precision Optical Instruments Laboratory changed name several times before it became Canon Camera Company in 1947. The original Kwanon brand was never released. And like many other old brands, Canon hasn't changed its logo for years - the version still in use today was designed in 1955, though a similar design had been used since 1953. Interestingly, the sharpened "C" was bespoke and didn't exist in any standard typefaces.

Google

Stanford University Graduates Larry Page and Sergey Brin renamed their BackRub search engine as Google, a play on the word Googol (1 followed by 100 zeros). Brin created the first logo using GNU Image Manipulation Program (GIMP) before an exclamation mark was added to the design echoing a certain other search engine with a funny name.

The still-used and instantly recognizable logo of today was created in 1999 by Stanford Consultant Art Professor, Ruth Kedar. "There were a lot of different color iterations," says Kedar in David Vise's The Google Story. "We ended up with the primary colors, but instead of having the pattern go in order, we put a secondary color on the L, which brought back the idea that Google doesn't follow the rules." The guy who designs the Google Doodles is Dennis Hwang.

Microsoft

In 1975 Bill Gates and Paul Allen called their partnership "Micro-soft" and came up with the first logo for the future software giant.

As Microsoft aggressively marketed MS DOS in the early 1980s, it came up with the second logo - the one with the striped "O". Colloquially at Microsoft, it was known as the "Blibbet." In 1987 Scott Baker morphed the logo into today's Microsoft logo with its slashed "O" instead. On a 2005 blog page, Microsoft employee Larry Osterman reminisces, "When Microsoft announced that it would be retiring the blibbet, a number of employees mounted a fruitless 'Save the Blibbet' campaign to retain the corporate icon. Unfortunately, the suits won. "Apparently the slash between the "o" and the "s" is designed to accentuate the "soft" part of the name.

Palm

Quite a history lies behind Palm. Established in 1992, U.S. Robotics bought it, who were in turn bought by 3com before it was spun off. The company then split and palmOne was then the name of the hardware arm. In between, the Founder Jeff Hawkins left to start Handspring.

Handspring and palmOne then merged and bought the operating system side of the business back. It's now just plain old Palm. The upshot of the upheaval is that the company had three different logos over the course of three years 2003-2005. Palm says its latest logo is designed to reflect the brand equity still remaining in the blue logo, while updating the typeface to one more suitable for the digital age.

Samsung

The 1993 rebranding of Samsung was designed as a new era for the company - one that has seen the Korean giant become one of the world's biggest consumer electronics companies. The elliptical design is supposed to symbolize the world moving through space. According to the company, "The first letter, 'S' and the last letter, 'G' partially break out of the oval to connect the interior with the exterior, showing Samsung's desire to be one with the world and to serve society as a whole."

Sony

One of the most recognizable brands in the world, the Sony logo was originally encased inside a square in 1955. But by the 1960s it had broken out and began its gradual modification to the design we still see today. In 1961 Sony Designer Yasuo Kuroki was asked to work on a new version of the logo in order for it to be displayed in neon in Hong Kong that year and by 1962 Sony had even come up with corporate identity rules for the use of the logo. Today's version dates back to 1973. In 1981 a change was proposed, but it never happened.

Previous Post's: Charger exchange programme for Nokia 7210 in India

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Monday, October 26, 2009

Microsoft Market Trend, october 26th, 2009

Microsoft corporation today market trend

28.76 +0.74 (2.65%)
Real-time: 2:14PM EDT
Range 28.11 - 29.02 52 week 14.87 - 29.35 Open 28.14 Vol / Avg. 89.45M/58.99M Mkt cap 255.38B P/E 18.66 Div/yield 0.13/1.81 EPS 1.54 Shares 8.88B Beta 0.97 Inst. own 61%

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Sunday, October 25, 2009

Microsoft Market Today; NASDAQ

Microsoft market status today on nasdaq

28.02 +1.43 (5.38%)
After Hours: 27.99 -0.03 (-0.11%)
Oct 23, 7:59PM EDT
Range 27.88 - 29.35 52 week 14.87 - 29.35 Open 29.05 Vol / Avg. 281.76M/51.41M Mkt cap 250.17B P/E 17.30 Div/yield 0.13/1.86 EPS 1.62 Shares 8.93B Beta 0.97 Inst. own 60%

Previous Post's: Google Adsense Webinar!

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Saturday, October 24, 2009

Microsoft; IBM; Cisco; Google; Yahoo; Oracle

A Special Coverage on the international IT giants Microsoft (software giant), IBM (international business machine) (software and hardware giant), Cisco (giant in network products and services), Google (most popular search engine) (internet giant), Yahoo (internet services company) (internet giant) & Oracle (software giant).



Microsoft

Microsoft Corporation (NASDAQ: MSFT, HKEX: 4338) is a multinational computer technology corporation that develops, manufactures, licenses, and supports a wide range of software products for computing devices. Headquartered in Redmond, Washington, USA, its most profitable products are the Microsoft Windows operating system and the Microsoft Office suite of productivity software.

The company was founded in 1975, to develop and sell BASIC interpreters for the Altair 8800. Microsoft rose to dominate the home computer operating system market with MS-DOS in the mid-1980s, followed by the Windows line of operating systems. Many of its products have achieved near-ubiquity in the desktop computer market. One commentator notes that Microsoft's original mission was "a computer on every desk and in every home, running Microsoft software." Microsoft possesses footholds in other markets, with assets such as the MSNBC cable television network, the MSN Internet portal, and the Microsoft Encarta multimedia encyclopedia. The company also markets both computer hardware products such as the Microsoft mouse as well as home entertainment products such as the Xbox, Xbox 360, Zune and MSN TV. The company's initial public stock offering (IPO) was in 1986; the ensuing rise of the company's stock price has made four billionaires and an estimated 12,000 millionaires from Microsoft employees.

Throughout its history the company has been the target of criticism, including monopolistic business practices and anti-competitive strategies including refusal to deal and tying. The U.S. Justice Department and the European Commission, among others, have ruled against Microsoft for various antitrust violations accordingly in today's political-cultural climate of mixed economies and "public interest of society".

IBM

International Business Machines Corporation, abbreviated IBM, is a multinational computer technology and IT consulting corporation headquartered in Armonk, Town of North Castle, New York, United States. The company is one of the few information technology companies with a continuous history dating back to the 19th century. IBM manufactures and sells computer hardware and software (with a focus on the latter), and offers infrastructure services, hosting services, and consulting services in areas ranging from mainframe computers to nanotechnology. It has been nicknamed "Big Blue" for its official corporate color.

IBM has been well known through most of its recent history as the world's largest computer company and systems integrator. With over 398,455 employees worldwide, IBM is the largest and most profitable information technology employer in the world. IBM holds more patents than any other U.S. based technology company and has eight research laboratories worldwide. The company has scientists, engineers, consultants, and sales professionals in over 170 countries. IBM employees have earned five Nobel Prizes, four Turing Awards, nine National Medals of Technology, and five National Medals of Science. As a chip maker, IBM has been among the Worldwide Top 20 Semiconductor Sales Leaders in past years.

Oracle

Oracle Corporation (NASDAQ: ORCL) specializes in developing and marketing enterprise software products — particularly database management systems. Through organic growth and a number of high-profile acquisitions, Oracle enlarged its share of the software market. By 2007 Oracle had the third-largest software revenue, after Microsoft and IBM.

The corporation has arguably become best-known due to association with its flagship product, the Oracle database. The company also builds tools for database development, middle-tier software, enterprise resource planning software (ERP), customer relationship management software (CRM) and supply chain management (SCM) software.

The founder and CEO of Oracle Corporation, Larry Ellison, has served as Oracle's CEO throughout the company's history. Ellison also served as the Chairman of the Board until his replacement by Jeffrey O. Henley in 2004. Ellison retains his role as CEO.

Ellison took inspiration from the 1970 paper written by Edgar F. Codd on relational database management systems (RDBMS) named "A Relational Model of Data for Large Shared Data Banks". He had heard about the IBM System R database from an article in the IBM Research Journal provided by Ed Oates (a future co-founder of Oracle Corporation). System R also derived from Codd's theories, and Ellison wanted to make his Oracle product compatible with System R, but IBM stopped this by keeping the error codes for their DBMS secret. Ellison co-founded Oracle Corporation in 1977 under the name Software Development Laboratories (SDL). In 1979 SDL changed its name to Relational Software, Inc. (RSI). In 1982, RSI renamed itself as Oracle Systems to align itself more closely with its flagship product Oracle Database. At this stage Robert Miner served as the company's senior programmer.

Cisco

Cisco Systems, Inc. (NASDAQ: CSCO, SEHK: 4333) is a multinational corporation with more than 65,000 employees and annual revenue of US$36.10 billion as of 2009. Headquartered in San Jose, California, it designs and sells networking and communications technology and services. Cisco's stock was added to the Dow Jones Industrial Average on June 8, 2009. It replaced General Motors which had filed for Chapter 11 bankruptcy.

In fiscal year 2009, Cisco realized $13.50 Billion in network services sales (mostly from “SMARTnet”), of which $7 Billion was revenue for 2009 and the remaining $6.50 Billion is documented as deffered revenue for multi-year SMARTnet service contracts. Network maintenance services now accounts for 20% of Cisco's annual revenue - an all-time high.

Google

Google Inc. is an American public corporation, earning revenue from advertising related to its Internet search, e-mail, online mapping, office productivity, social networking, and video sharing services as well as selling advertising-free versions of the same technologies. Google has also developed an open source web browser and a mobile operating system. The Google headquarters, the Googleplex, is located in Mountain View, California. As of March 31, 2009 (2009 -03-31), the company has 19,786 full-time employees. The company is running thousands of servers worldwide, which process millions of search requests each day and about 1 petabyte of user-generated data every hour.

Google was founded by Larry Page and Sergey Brin while they were students at Stanford University and the company was first incorporated as a privately held company on September 4, 1998. The initial public offering took place on August 19, 2004, raising $1.67 billion, implying a value for the entire corporation of $23 billion. Google has continued its growth through a series of new product developments, acquisitions, and partnerships. Environmentalism, philanthropy and positive employee relations have been important tenets during the growth of Google. The company has been identified multiple times as Fortune Magazine's #1 Best Place to Work, and as the most powerful brand in the world. Alexa ranks Google as the most visited website on the Internet.

Google's mission is "to organize the world's information and make it universally accessible and useful". The unofficial company slogan, coined by former employee and Gmail's first engineer Paul Buchheit, is "Don't be evil". Criticism of Google includes concerns regarding the privacy of personal information, copyright, and censorship.

Yahoo!

Yahoo! Inc. (NASDAQ: YHOO) is an American public corporation headquartered in Sunnyvale, California, (in Silicon Valley), that provides Internet services worldwide. The company is perhaps best known for its web portal, search engine (Yahoo! Search), Yahoo! Directory, Yahoo! Mail, Yahoo! News, advertising, online mapping (Yahoo! Maps), video sharing (Yahoo! Video), and social media websites and services.

Yahoo! was founded by Jerry Yang and David Filo in January 1994 and was incorporated on March 1, 1995. On January 13, 2009, Yahoo! appointed Carol Bartz, former executive chairperson of Autodesk, as its new chief executive officer and a member of the board of directors.

According to Web traffic analysis companies (including Compete.com, comScore, Alexa Internet, Netcraft, and Nielsen Ratings), the domain yahoo.com attracted at least 1.575 billion visitors annually by 2008. The global network of Yahoo! websites receives 3.4 billion page views per day on average as of October 2007. It is the second most visited website in the world in May 2009.


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Friday, October 23, 2009

N.R. Narayana Murthy has sold 800,000 shares

Bangalore: Infosys Technologies chief mentor and chairman N.R. Narayana Murthy has sold 800,000 shares, valued at Rs.177 crore (Rs.1.77 billion/$37.9 million), from his holding in the company to fund young entrepreneurs with brilliant ideas. "Murthy intimated to the company that the proceeds of the sale will be used as seed capital for the proposed venture capital fund to be set up in India," Infosys said in a regulatory filing to the Bombay Stock Exchange (BSE) Thursday.

The blue chip company's share of Rs.5 on par ended at Rs.2,211 on the BSE Thursday, an increase of 2.13 percent over Wednesday closing. "The fund will primarily invest in India and may on a case-to-case basis consider investing overseas," Infosys said in the statement. As one of the co-founders of the global software major, Murthy's holding in the company post-selling will be around 2.38 million shares.

"Murthy wants to encourage young entrepreneurs to start companies to transform India. I am sure it will inspire other industry leaders to start such funds," Infosys director T.V. Mohandas Pai told IANS. Terming Murthy's proposal a path-breaking initiative, Pai said the venture fund would help budding entrepreneurs to set up innovative start-ups that can capitalise on the emerging opportunities. "Murthy believe that entrepreneurship creates jobs and that is the only way to escape cycles of poverty for a country like India," Pai added.

Murthy, who is travelling in the U.S., was unavailable for comment.

Previous Post's: Aricent and Sapient to hire 1500 people

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Thursday, October 22, 2009

Google generates most revenue from the consumers

Orlando: Till now, Google generates most of its revenue from the consumers, but Chief of Google, Eric Schmidt, believes that business customers are the company's next big opportunity for growth after selling ads.

"Enterprise is a huge priority for the management team and me personally. It's the next big billion-dollar opportunity after our display (ad) business," said Schmidt. Google might not be at the core of every company's operations, but Schmidt has some roots in the information technology community that assembles in force at Gartner Symposium. Before Google, he was Chief Technology Officer (CTO) at Sun Microsystems and CEO of Novell.

Google has a variety of business-oriented products and services - Postini for security, Checkout for online shopping and a search appliance for in-house search. But the highest profile effort is Google Apps, which in its premium incarnation delivers Gmail and an online office application suite for $50 per user per year.

Schmidt argues that there's not so much difference between enterprise and consumer markets as there once was, and the gap is narrowing. Gmail is one example. "Gmail's growth is accelerating from its current position of users as we seem to be gaining share from everybody else. That's a good example of the consumer and enterprise growing together," said Schmidt. When it comes to pricing, Google wants to fund its own work but not charge much. The biggest constraint from customers is feature availability, not price. "Most of the sales activity is a discussion about strategy. Our prices are so much lower than everybody else's that there will never be a price discussion," said Schmidt.

The company considered giving its enterprise applications away for free but rejected the idea. "We looked at ad-supported enterprise applications and decided most corporations would not be comfortable with random ads showing up on somebody's desktop," said Schmidt.

Previous Post's: After the success of its first Chandrayaan moon mission

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Wednesday, October 21, 2009

Mahindra Satyam secured big contracts

Mumbai: IT firm Mahindra Satyam announced that it has secured contracts worth $79 million in the second quarter in the Middle East and North Africa (MENA) region, and is looking at doubling its business there in the next two years. The company has secured sizeable contracts in the MENA region totalling to AED (Arab Emirates Dirham) 30 million in the second quarter of FY'10, reports PTI. It is looking at doubling its business in the region in the next 18-24 months, the company said in a filing to the Bombay Stock Exchange.

"The Middle East continues to be a key component of Mahindra Satyam's growth and part of our growth plans for the region, we are looking into strengthening our operations in the region given the significant contribution of this market to our revenues," said Manojeet Chowdhury, Head of MENA Region, Mahindra Satyam.

Currently UAE accounts for 38 percent of the company's Middle East revenue, while Kuwait gives 18 percent, Qatar and Bahrain contribute 13 percent each, the filing said. The new contracts follow the recent launch of Mahindra Satyam's new corporate identity. "We are targeting growth of around 100 per cent in the first year and we are confident of the prospects that lie ahead for us in the region," said Chowdhury.

Further, the company has also signed important clients from Morocco, Jordan and Oman.

Previous Post's: Windows 7 sales more than Vista

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Sun Microsystems will cut 3,000 jobs over the next 12 months

New York: Sun Microsystems will cut 3,000 jobs over the next 12 months because of the delay in its takeover by software giant Oracle. The company is waiting for the verdict an European Union (EU) probe regarding the takeover. Sun Microsystems in a filing with the U.S. Securities and Exchange Commission (SEC) said that the layoffs are part of a restructuring plan brought in by the delay in its acquisition by Oracle. The company said the move will result in charges of between $75 million and $125 million over the next several quarters.

The $7.4 billion deal, for a one-time Silicon Valley star and developer of the Java programming language, was approved by its shareholders in July and the U.S. Department of Justice in August. The EU is still investigating the case, and a decision is due by January 19, 2010. Oracle had said last month that Sun was losing $100 million every month as it waited for the probe.

The EU is concerned that the deal, if approved, could breach competition rules, which will lead to rise in prices and less choice for customers. The major concern lies on Oracle having control over Sun's MySQL database business.

EU Competition Commissioner, Neelie Kroes, said the EU is obliged to investigate "when the world's biggest proprietary database company proposes to take over the world's leading open-source database company". On the other hand, Oracle maintains that MySQL did not compete against each other, and said it would not sell MySQL to get the deal approved.

Oracle will look to strengthen its position against rival IBM, which gave up on its own attempts to buy Sun earlier this year.

Previous Post's: Chandrayaan 1 mission in finding evidence of water on the Moon

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Saturday, October 17, 2009

Microsoft Acquires Yahoo!

This topic was done at 2008, news may be old but the topic in this issue was very interesting, a small recap to 2008's Microsoft proposal to Yahoo! Below is the Proposal!

News Recap
Transaction valued at approximately $44.6 billion in cash and stock; provides 62 percent premium to current trading price for Yahoo! shareholders; combined entity to create a more competitive company, providing superior value to shareholders, better choice and innovation for customers and partners.

REDMOND, Wash. — Feb. 1, 2008 — Microsoft Corp. (NASDAQ:MSFT) today announced that it has made a proposal to the Yahoo! Inc. (NASDAQ:YHOO) Board of Directors to acquire all the outstanding shares of Yahoo! common stock for per share consideration of $31 representing a total equity value of approximately $44.6 billion. Microsoft’s proposal would allow the Yahoo! shareholders to elect to receive cash or a fixed number of shares of Microsoft common stock, with the total consideration payable to Yahoo! shareholders consisting of one-half cash and one-half Microsoft common stock. The offer represents a 62 percent premium above the closing price of Yahoo! common stock on Jan. 31, 2008.

“We have great respect for Yahoo!, and together we can offer an increasingly exciting set of solutions for consumers, publishers and advertisers while becoming better positioned to compete in the online services market,” said Steve Ballmer, chief executive officer of Microsoft. “We believe our combination will deliver superior value to our respective shareholders and better choice and innovation to our customers and industry partners.”

“Our lives, our businesses, and even our society have been progressively transformed by the Web, and Yahoo! has played a pioneering role by building compelling, high-scale services and infrastructure,” said Ray Ozzie, chief software architect at Microsoft. “The combination of these two great teams would enable us to jointly deliver a broad range of new experiences to our customers that neither of us would have achieved on our own.”

The online advertising market is growing at a very fast pace, from over $40 billion in 2007 to nearly $80 billion by 2010. The resulting benefits of scale along with the associated capital costs for advertising platform providers make this a time of industry consolidation and convergence. Today this market is increasingly dominated by one player. Together, Microsoft and Yahoo! can offer a competitive choice while better fulfilling the needs of customers and partners.

“The combined assets and strong services focus of these two companies will enable us to achieve scale economics while reaching R&D critical mass to deliver innovation breakthroughs,” said Kevin Johnson, president of the Platforms & Services Division of Microsoft. “The industry will be well served by having more than one strong player, offering more value and real choice to advertisers, publishers and consumers.”

The combination will create a more efficient company with synergies in four areas: scale economics driven by audience critical mass and increased value for advertisers; combined engineering talent to accelerate innovation; operational efficiencies through elimination of redundant cost; and the ability to innovate in emerging user experiences such as video and mobile. Microsoft believes these four areas will generate at least $1 billion in annual synergy for the combined entity.

Microsoft has developed a plan and process that will include the employees of both companies to focus on the integration of the combined business. Microsoft intends to offer significant retention packages to Yahoo! engineers, key leaders and employees across all disciplines.

Microsoft believes this proposed combination would receive all necessary regulatory approvals and expects that the proposed transaction would be completed in the second half of calendar year 2008.

Microsoft is also committed to working closely with Yahoo! management and its Board of Directors as they, along with Yahoo! shareholders, evaluate this compelling proposal.
Below is the text of the letter that Microsoft sent to Yahoo!’s Board of Directors:

January 31, 2008

Board of Directors
Yahoo! Inc.
701 First Avenue
Sunnyvale, CA 94089
Attention: Roy Bostock, Chairman
Attention: Jerry Yang, Chief Executive Officer

Dear Members of the Board:
I am writing on behalf of the Board of Directors of Microsoft to make a proposal for a business combination of Microsoft and Yahoo!. Under our proposal, Microsoft would acquire all of the outstanding shares of Yahoo! common stock for per share consideration of $31 based on Microsoft’s closing share price on January 31, 2008, payable in the form of $31 in cash or 0.9509 of a share of Microsoft common stock. Microsoft would provide each Yahoo! shareholder with the ability to choose whether to receive the consideration in cash or Microsoft common stock, subject to pro-ration so that in the aggregate one-half of the Yahoo! common shares will be exchanged for shares of Microsoft common stock and one-half of the Yahoo! common shares will be converted into the right to receive cash. Our proposal is not subject to any financing condition.

Our proposal represents a 62% premium above the closing price of Yahoo! common stock of $19.18 on January 31, 2008. The implied premium for the operating assets of the company clearly is considerably greater when adjusted for the minority, non-controlled assets and cash. By whatever financial measure you use - EBITDA, free cash flow, operating cash flow, net income, or analyst target prices - this proposal represents a compelling value realization event for your shareholders.

We believe that Microsoft common stock represents a very attractive investment opportunity for Yahoo!’s shareholders. Microsoft has generated revenue growth of 15%, earnings growth of 26%, and a return on equity of 35% on average for the last three years. Microsoft’s share price has generated shareholder returns of 8% during the last one year period and 28% during the last three year period, significantly outperforming the S&P 500. It is our view that Microsoft has significant potential upside given the continued solid growth in our core businesses, the recent launch of Windows Vista, and other strategic initiatives.

Microsoft’s consistent belief has been that the combination of Microsoft and Yahoo! clearly represents the best way to deliver maximum value to our respective shareholders, as well as create a more efficient and competitive company that would provide greater value and service to our customers. In late 2006 and early 2007, we jointly explored a broad range of ways in which our two companies might work together. These discussions were based on a vision that the online businesses of Microsoft and Yahoo! should be aligned in some way to create a more effective competitor in the online marketplace. We discussed a number of alternatives ranging from commercial partnerships to a merger proposal, which you rejected. While a commercial partnership may have made sense at one time, Microsoft believes that the only alternative now is the combination of Microsoft and Yahoo! that we are proposing.

In February 2007, I received a letter from your Chairman indicating the view of the Yahoo! Board that “now is not the right time from the perspective of our shareholders to enter into discussions regarding an acquisition transaction.” According to that letter, the principal reason for this view was the Yahoo! Board’s confidence in the “potential upside” if management successfully executed on a reformulated strategy based on certain operational initiatives, such as Project Panama, and a significant organizational realignment. A year has gone by, and the competitive situation has not improved.

While online advertising growth continues, there are significant benefits of scale in advertising platform economics, in capital costs for search index build-out, and in research and development, making this a time of industry consolidation and convergence. Today, the market is increasingly dominated by one player who is consolidating its dominance through acquisition. Together, Microsoft and Yahoo! can offer a credible alternative for consumers, advertisers, and publishers.

Synergies of this combination fall into four areas:

Scale economics: This combination enables synergies related to scale economics of the advertising platform where today there is only one competitor at scale. This includes synergies across both search and non-search related advertising that will strengthen the value proposition to both advertisers and publishers. Additionally, the combination allows us to consolidate capital spending.

Expanded R&D capacity: The combined talent of our engineering resources can be focused on R&D priorities such as a single search index and single advertising platform. Together we can unleash new levels of innovation, delivering enhanced user experiences, breakthroughs in search, and new advertising platform capabilities. Many of these breakthroughs are a function of an engineering scale that today neither of our companies has on its own.

Operational efficiencies: Eliminating redundant infrastructure and duplicative operating costs will improve the financial performance of the combined entity.

Emerging user experiences: Our combined ability to focus engineering resources that drive innovation in emerging scenarios such as video, mobile services, online commerce, social media, and social platforms is greatly enhanced.

We would value the opportunity to further discuss with you how to optimize the integration of our respective businesses to create a leading global technology company with exceptional display and search advertising capabilities. You should also be aware that we intend to offer significant retention packages to your engineers, key leaders and employees across all disciplines.

We have dedicated considerable time and resources to an analysis of a potential transaction and are confident that the combination will receive all necessary regulatory approvals. We look forward to discussing this with you, and both our internal legal team and outside counsel are available to meet with your counsel at their earliest convenience.

Our proposal is subject to the negotiation of a definitive merger agreement and our having the opportunity to conduct certain limited and confirmatory due diligence. In addition, because a portion of the aggregate merger consideration would consist of Microsoft common stock, we would provide Yahoo! the opportunity to conduct appropriate limited due diligence with respect to Microsoft. We are prepared to deliver a draft merger agreement to you and begin discussions immediately.

In light of the significance of this proposal to your shareholders and ours, as well as the potential for selective disclosures, our intention is to publicly release the text of this letter tomorrow morning.

Due to the importance of these discussions and the value represented by our proposal, we expect the Yahoo! Board to engage in a full review of our proposal. My leadership team and I would be happy to make ourselves available to meet with you and your Board at your earliest convenience. Depending on the nature of your response, Microsoft reserves the right to pursue all necessary steps to ensure that Yahoo!’s shareholders are provided with the opportunity to realize the value inherent in our proposal.

We believe this proposal represents a unique opportunity to create significant value for Yahoo!’s shareholders and employees, and the combined company will be better positioned to provide an enhanced value proposition to users and advertisers. We hope that you and your Board share our enthusiasm, and we look forward to a prompt and favorable reply.
Sincerely yours,

/s/ Steven A. Ballmer
Steven A. Ballmer
Chief Executive Officer
Microsoft Corporation

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Friday, October 16, 2009

Microsoft Market Trend

When the microsoft debuted its IPO in March 13, 1986, the stock price was US $21. By the close of the first trading day, the stock had closed at $28, equivalent to 9.7 cents when adjusted for the company's first nine splits. The initial close and ensuing rise in subsequent years made several Microsoft employees millions.

The stock price peaked in 1999 at around US $119 (US $60.928 adjusting for splits). While the company has had nine stock splits, the first of which was in September 18, 1987, the company did not start offering a dividend until January 16, 2003. The dividend for the 2003 fiscal year was eight cents per share, followed by a dividend of sixteen cents per share the subsequent year. The company switched from yearly to quarterly dividends in 2005, for eight cents a share per quarter with a special one-time payout of three dollars per share for the second quarter of the fiscal year.

Despite the company's ninth split on February 2, 2003 and subsequent increases in dividend payouts, the price of Microsoft's stock largely remained steady for the next several years, with a rise in stock price around the release of Windows Vista and a fall during the economic crisis of 2008.

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Thursday, October 15, 2009

Microsoft Corporate Structure

Microsoft Corporation (NASDAQ: MSFT, HKEX: 4338) is a multinational computer technology corporation that develops, manufactures, licenses, and supports a wide range of software products for computing devices. Headquartered in Redmond, Washington, USA, its most profitable products are the Microsoft Windows operating system and the Microsoft Office suite of productivity software.

The company was founded to develop and sell BASIC interpreters for the Altair 8800. Microsoft rose to dominate the home computer operating system market with MS-DOS in the mid-1980s, followed by the Windows line of operating systems. Its products have all achieved near-ubiquity in the desktop computer market. One commentator notes that Microsoft's original mission was "a computer on every desk and in every home, running Microsoft software." Microsoft possesses footholds in other markets, with assets such as the MSNBC cable television network, the MSN Internet portal, and the Microsoft Encarta multimedia encyclopedia. The company also markets both computer hardware products such as the Microsoft mouse as well as home entertainment products such as the Xbox, Xbox 360, Zune and MSN TV. The company's initial public stock offering (IPO) was in 1986; the ensuing rise of the company's stock price has made four billionaires and an estimated 12,000 millionaires from Microsoft employees.

Throughout its history the company has been the target of criticism, including monopolistic business practices and anti-competitive strategies including refusal to deal and tying. The U.S. Justice Department and the European Commission, among others, have ruled against Microsoft for various antitrust violations accordingly in today's political-cultural climate of mixed economies and "public interest of society".

Corporate Structure

The company is run by a Board of Directors consisting of ten people, made up of mostly company outsiders (as is customary for publicly traded companies). Current members of the board of directors are: Steve Ballmer, James Cash, Jr., Dina Dublon, Bill Gates, Raymond Gilmartin, Reed Hastings, David Marquardt, Charles Noski, Helmut Panke, and Jon Shirley. The ten board members are elected every year at the annual shareholders' meeting, and those who do not get a majority of votes must submit a resignation to the board, which will subsequently choose whether or not to accept the resignation. There are five committees within the board which oversee more specific matters. These committees include the Audit Committee, which handles accounting issues with the company including auditing and reporting; the Compensation Committee, which approves compensation for the CEO and other employees of the company; the Finance Committee, which handles financial matters such as proposing mergers and acquisitions; the Governance and Nominating Committee, which handles various corporate matters including nomination of the board; and the Antitrust Compliance Committee, which attempts to prevent company practices from violating antitrust laws.

There are several other aspects to the corporate structure of Microsoft. For worldwide matters there is the Executive Team, made up of sixteen company officers across the globe, which is charged with various duties including making sure employees understand Microsoft's culture of business. The sixteen officers of the Executive Team include the Chairman and Chief Software Architect, the CEO, the General Counsel and Secretary, the CFO, senior and group vice presidents from the business units, the CEO of the Europe, the Middle East and Africa regions; and the heads of Worldwide Sales, Marketing and Services; Human Resources; and Corporate Marketing. In addition to the Executive Team there is also the Corporate Staff Council, which handles all major staff functions of the company, including approving corporate policies. The Corporate Staff Council is made up of employees from the Law and Corporate Affairs, Finance, Human Resources, Corporate Marketing, and Advanced Strategy and Policy groups at Microsoft. Other Executive Officers include the Presidents and Vice Presidents of the various product divisions, leaders of the marketing section, and the CTO, among others.

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Wednesday, July 1, 2009

350.org :: 350 Mission

350.org is an international campaign dedicated to building a movement to unite the world
around solutions to the climate crisis--the solutions that justice demand.

Our mission is to inspire the world to rise to the challenge of the climate crisis--to create a new sense of urgency and of possibility for our planet.

Our focus is on the number 350--as in parts per million, the level scientists have identified as the safe upper limit for CO2 in our atmosphere. But 350 is more than a number--it's a symbol of where we need to head as a planet.

To tackle climate change we need to move quickly, and we need to act in unison--and 2009 will be an absolutely crucial year. This December, world leaders will meet in Copenhagen, Denmark to craft a new global treaty on cutting emissions. The problem is, the treaty currently on the table doesn't meet the severity of the climate crisis--it doesn't pass the 350 test.

In order to unite the public, media, and our political leaders behind the 350 goal, we're harnessing the power of the internet to coordinate a planetary day of action on October 24, 2009. We hope to have actions at hundreds of iconic places around the world - from the Taj Mahal to the Great Barrier Reef to your community - and clear message to world leaders: the solutions to climate change must be equitable, they must be grounded in science, and they must meet the scale of the crisis.

If an international grassroots movement holds our leaders accountable to the latest climate science, we can start the global transformation we so desperately need.

Below is the Video Presentation about how 350.org works:

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Sunday, June 7, 2009

ISRO: Indian Space Research Organisation

The Indian Space Research Organisation is the primary body for space research under the control of the government of India. It was established in its modern form in 1969 as a result of coordinated efforts initiated earlier. Under the guidance of a number of scientists, ISRO has conducted a variety of operations—supported by its launch vehicle fleet—for both Indian and foreign clients. ISRO has several field installations at its disposal and cooperates with the international community as a part of several bilateral and multilateral agreements.

Goals & Objectives

The prime objective of ISRO is to develop space technology and its application to various national tasks. The Indian space program was driven by the vision of Dr Vikram Sarabhai, considered as the father of Indian Space Programme. As stated by him:

There are some who question the relevance of space activities in a developing nation. To us, there is no ambiguity of purpose. We do not have the fantasy of competing with the economically advanced nations in the exploration of the moon or the planets or manned space-flight. But we are convinced that if we are to play a meaningful role nationally, and in the community of nations, we must be second to none in the application of advanced technologies to the real problems of man and society.

As also pointed out by Dr. APJ Kalam:

Many individuals with myopic vision questioned the relevance of space activities in a newly independent nation, which was finding it difficult to feed its population. Their vision was clear if Indians were to play meaningful role in the community of nations, they must be second to none in the application of advanced technologies to their real-life problems. They had no intention of using it as a mean to display our might.
India's economic progress has made its space program more visible and active as the country aims for greater self-reliance in space technology. Hennock etc. hold that India also connects space exploration to national prestige, further stating: 'This year India has launched 11 satellites, including nine from other countries—and it became the first nation to launch 10 satellites on one rocket.'

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Friday, June 5, 2009

NASA

The National Aeronautics and Space Administration is an agency of the United States government, responsible for the nation's public space program. NASA was established on July 29, 1958, by the National Aeronautics and Space Act.
In addition to the space program, it is also responsible for long-term civilian and military aerospace research. Since February 2006 NASA's self-described mission statement is to "pioneer the future in space exploration, scientific discovery, and aeronautics research." NASA's motto is "For the benefit of all".

History

After the Soviet space program's launch of the world's first human-made satellite (Sputnik 1) on October 4, 1957, the attention of the United States turned toward its own fledgling space efforts. The U.S. Congress, alarmed by the perceived threat to U.S. security and technological leadership (known as the "Sputnik crisis"), urged immediate and swift action; President Dwight D. Eisenhower and his advisers counseled more deliberate measures. Several months of debate produced an agreement that a new federal agency was needed to conduct all non-military activity in space. The Advanced Research Projects Agency (ARPA) was also created at this time.
From late 1957 to early 1958, the National Advisory Committee for Aeronautics (NACA) began studying what a new non-military space agency would entail, as well as what NACA's role might be, and assigned several committees to review the concept. On January 12, 1958, NACA organized a "Special Committee on Space Technology," headed by Guyford Stever. Stever's committee included consultation from the ABMA's large booster program, referred to as the "Working Group on Vehicular Program," headed by Wernher von Braun. Von Braun became a naturalized citizen of the United States after World War II.
On January 14, 1958, NACA Director Hugh Dryden published "A National Research Program for Space Technology" stating“ It is of great urgency and importance to our country both from consideration of our prestige as a nation as well as military necessity that this challenge [ Sputnik ] be met by an energetic program of research and development for the conquest of space.... It is accordingly proposed that the scientific research be the responsibility of a national civilian agency.... NACA is capable, by rapid extension and expansion of its effort, of providing leadership in space technology. ”
Launched at 10:48 pm EST on January 31, 1958, Explorer 1, officially Satellite 1958 Alpha, became the U.S.'s first artificial satellite of Earth.
On March 5, PSAC Chairman James Killian wrote a memorandum to President Eisenhower, entitled "Organization for Civil Space Programs," encouraging the creation of a civil space program based upon a "strengthened and redesignated" NACA which could expand its research program "with a minimum of delay." In late March, a NACA report entitled "Suggestions for a Space Program" included suggestions for subsequently developing a hydrogen fluorine fueled rocket of 1-million-pound thrust designed with second and third stages.
In April 1958, President Eisenhower delivered to the U.S. Congress a formal executive address favoring the notion of a national civilian space agency and submitted an Administrative bill to create a "National Aeronautical and Space Agency." NACA's former role of research alone would change to include large-scale development, management, and operations. The U.S. Congress passed the bill, somewhat reworded, as the National Aeronautics and Space Act of 1958, on July 16. Only two days later von Braun's Working Group submitted a preliminary report severely criticizing the duplication of efforts and lack of coordination among various organizations assigned to the United States' space programs. Stever's Committee on Space Technology concurred with the criticisms of the von Braun Group (a final draft was published several months later, in October).
On July 29, 1958, President Eisenhower signed the National Aeronautics and Space Act, establishing the National Aeronautics and Space Administration. When it began operations on October 1, 1958, NASA absorbed the 46-year-old NACA intact; its 8,000 employees, an annual budget of US$100 million, and three major research laboratories — Langley Aeronautical Laboratory, Ames Aeronautical Laboratory, and Lewis Flight Propulsion Laboratory — and two small test facilities.
Elements of the Army Ballistic Missile Agency, of which von Braun's team was a part, and the Naval Research Laboratory were incorporated into NASA. A significant contributor to NASA's entry into the space race was the technology from the German rocket program (led by Wernher von Braun) which in turn incorporated the technology of Robert Goddard's earlier works. Earlier research efforts within the U.S. Air Force and many of ARPA's early space programs were also transferred to NASA. In December 1958, NASA gained control of the Jet Propulsion Laboratory, a contractor facility operated by the California Institute of Technology.
NASA's earliest programs involved research into human spaceflight and were conducted under the pressure of the competition between the U.S. and the USSR (the Space Race) that existed during the Cold War. Project Mercury, initiated in 1958, started NASA down the path of human space exploration with missions designed to discover simply if man could survive in space. Representatives from the U.S. Army (M.L. Raines, LTC, USA), Navy (P.L. Havenstein, CDR, USN) and Air Force (K.G. Lindell, COL, USAF) were selected/requested to provide assistance to the NASA Space Task Group through coordination with the existing U.S. defense research and defense contracting infrastructure, and technical assistance resulting from experimental aircraft (and the associated military test pilot pool) development in the 1950s. On May 5, 1961, astronaut Alan Shepard—one of the seven Project Mercury astronauts selected as pilot for this mission—became the first American in space when he piloted Freedom 7 on a 15-minute suborbital flight. John Glenn became the first American to orbit the Earth on February 20, 1962 during the 5 and a quarter-hour flight of Friendship 7.
After the Mercury project, Project Gemini was launched to conduct experiments and work out issues relating to a moon mission. The first Gemini flight with astronauts on board, Gemini 3, was flown by Gus Grissom and John Young on March 23, 1965. Nine other missions followed, showing that long-duration human space flight was possible, proving that rendezvous and docking with another vehicle in space was possible, and gathering medical data on the effects of weightlessness on human beings.
During this time NASA also began to explore the solar system with unmanned probes. As with the manned program, the Soviets had the first successes, such as the first photographs of the lunar far side, but NASA's Mariner 2 was the first space probe to visit another planet, Venus, in 1962.

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IBM : International Business Machines Corporation

International Business Machines Corporation, abbreviated IBM and nicknamed "Big Blue" (for its official corporate color), is a multinational computer technology and IT consulting corporation headquartered in Armonk, New York, United States. The company is one of the few information technology companies with a continuous history dating back to the 19th century. IBM manufactures and sells computer hardware and software, and offers infrastructure services, hosting services, and consulting services in areas ranging from mainframe computers to nanotechnology.
IBM has been well known through most of its recent history as the world's largest computer company and systems integrator. With over 388,000 employees worldwide, IBM is the largest and most profitable information technology employer in the world. IBM holds more patents than any other U.S. based technology company and has eight research laboratories worldwide. The company has scientists, engineers, consultants, and sales professionals in over 170 countries. IBM employees have earned three Nobel Prizes, four Turing Awards, five National Medals of Technology, and five National Medals of Science. As a chip maker, IBM has been among the Worldwide Top 20 Semiconductor Sales Leaders in past years, and in 2007 IBM ranked second in the list of largest software companies in the world.

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