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Top 10 tech news of the week

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As Microsoft unveiled its plans to slowly bid farewell to its iconic email service Hotmail, this week was abuzz with exciting tech news from all over the place.

Top Tech News

Here’s a recap of the top 10 tech news of the week.

Microsoft launches Outlook: New email service to replace Hotmail

Microsoft unveiled its latest email service called Outlook.com in a bid to regain first spot from Gmail. Over a million users signed up within hours of its launch amidst news that Outlook.com will eventually replace Microsoft’s iconic Hotmail. "We think the time is right to reimagine personal email, from the data centre to the user experience" said Chris Jones, Corporate VP, Microsoft.

Facebook in the news: Carbon Footprint, Timeline, Fake Accounts and plunging shares

Facebook began the week on a positive note when it was revealed that its carbon footprint for 2011 was less than Google. In doing so, the social network earned respect from environmentalists and various organizations across the globe. From August 8, Facebook will also make Timeline compulsory, which attracted positive and negative feedback from users. Just today, it was also revealed that Facebook could potentially have 83 million fake accounts within its 995 million user base. ET also reported that FB shares plunged below $20 a share for the first time since its hyped IPO and debut share price of $38.

Snapdeal.com expecting Rs. 600 crore revenue in FY13

Snapdeal.com’s VP Marketing Sandeep Komaravelly announced earlier in the week that the e-tailer was expecting revenues of Rs. 600 crore during FY13. In addition, the company also plans to add 500 employees to its existing 1,500 plus workforce and seems keen on value-adding acquisitions. Just around this time, at Trak.in, we talked about how certain reports are putting the e-commerce in India to become a $125 billion plus industry by 2025.

Nimbuzz membership surpasses 100 million

Dutch owned chat platform Nimbuzz, which supports multiple IM services, crossed the magic 100 million mark in membership. Based in Gurgaon, Nimbuzz is very popular in the Middle East, Africa and Asia, including a 1.7 crore user base in India.

Microsoft pays hacker in excess of Rs. 1 crore

A Ph.D student was winner of Microsoft’s Blue Hat prize earlier this week and was given $200,000 or approximately Rs. 1.1 crore in helping the software giant thwart off hacking attempts. The award function was held at a trendy club in Las Vegas. $50,000 or approximately Rs. 25 lakh was awarded to the person who came in 2nd.

Karbonn Mobiles to launch sub Rs. 7,000 tablet called Smart Tab 1

Bangalore and Noida based Indian company Karbonn Mobiles announced that it will be launching Smart Tab 1, a budget android tablet later this month. Smart Tab 1 will cost Rs. 6,990 and will feature 17.8 cm or approximately 7 inch capacitive touch screen, 2 MP front camera, 3D gravity sensor, WiFi, 3G via USB and a 1.2 GHz processor, reports ET.

Mahindra Satyam posts Rs. 352 crore net profit for Q1 2012-13

Mahindra Satyam announced a net profit of Rs. 352 crore for quarter ending 30 June 2012. The 56% jump comes along with news that the company increased its 35,000 plus workforce by 2,643 employees during the quarter.

Apple accuses Samsung of copying technology

The two global IT giants locked heads as Apple accused Samsung of taking technology from its iPhone and incorporating it into its products, including the Galaxy series. In a battle that heated up on Wednesday, an Apple attorney said that Samsung copied the ‘design and user experience’ from iPhone. A Samsung attorney responded by saying ‘Samsung is not some copyist’ and that "There is nothing wrong with looking at what your competitors do and being inspired by them" as reported by ET.

NIIT wins 35 crore contract to create platform for auctioning of tobacco

After its much publicized partnership with Google to start the Google Web Academy in India last fortnight, NIIT was again in the news for winning a Rs. 35 crore contract from the Indian Tobacco Board. In a move that aims to bring in transparency and efficiency, the IT giant will be setting up a platform where farmers will be able to sell tobacco to cigarette manufacturers via a bidding process. NIIT will continue to offer extended support for 6 years.

Amazon.com announces enhanced digital music service to compete with iTunes

Amazon.com announced the launch of a new digital music service which will scan users’ computers and automatically add ‘matching versions of those songs’ to be stored in their cloud drives. The first 250 songs will be free, after which there will be a $24.99, or approximately a Rs. 1,350 fee to store up to 2.5 lakh songs. Industry experts can’t help but seeing this as a move to claw some of Apple’s market share. The former e-tailer unveiled Kindle Fire last year which was significantly cheaper than the iPad. Now, the scan and match music service after Apple’s own iTunes match was launched last year.

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