Top 10 Tech news of the week [Nov 18th- 24th]
Here’s a look at this week’s top 10 tech news.
- 1 Samsung Electronics’ shares hit lifetime high
- 2 Cisco to acquire Meraki for $1.2 billion
- 3 Orange launches Libon app for free calls, text
- 4 Logitech launches new products for Windows 8
- 5 Samsung launches 3G connected camera for Rs. 29,990
- 6 Facebook to share data with Instagram, proposes an end to voting on privacy issue
- 7 IBS Software enters into contract with Lufthansa Cargo
- 8 Unilever opens technology and innovation centre in Bangalore
- 9 Delhi High Court launches e-court fee system
- 10 Wipro named greenest electronic company by Greenpeace
Shares of Samsung Electronics Co Ltd hit a lifetime high of 1.419 million wong. Samsung’s market capitalization is now approximately $205 million. Its share price has climbed nearly 30% since July 2012. The company is listed on Korea Exchange, a bourse that saw the second highest number of equity trades in September 2012.
Cisco to acquire Meraki for $1.2 billion
Networking equipment manufacturer Cisco announced its intent to acquire Meraki, a company providing cloud networking infrastructure services. "The acquisition of Meraki enables Cisco to make simple, secure, cloud managed networks available to our global customer base of mid-sized businesses and enterprises.
These companies have the same IT needs as larger organizations, but without the resources to integrate complex IT solutions" said Rob Soderbery, Sr. VP, Cisco, in a press release. Cisco is set to pay approximately $1.2 billion in cash and retention based incentives.
Orange launches Libon app for free calls, text
Orange launched a global free calling and texting app called Libon. The app is likely to compete with established ones like Viber, Skype and WhatsApp.
"A free version of Libon is available with free HD calls and text messaging between Libon users, a visual voicemail with greetings customization for up to 3 different contacts or groups of contacts, Text-to-speech functionality, voicemails transcription for Libon contact messages, iPhone and email notification of missed voicemails received, etc" said a press release.
Logitech launches new products for Windows 8
Peripherals giant Logitech launched a range of new products made specifically to work with Windows 8. The line-up includes Touch Mouse T620, Zone Touch Mouse T400, Logitech Wireless Rechargeable Touchpad T650, Bluetooth Illuminated Keyboard K810 and Wireless Touch Keyboard K400R.
"We have a tradition of launching innovative products and believe in their superiority. Windows 8 allows users to move from one form factor to another, and hence we are offering mouse with horizontal navigation" said Subrotah Biswas, Country Manager, Logitech.
Samsung launches 3G connected camera for Rs. 29,990
Samsung launched a 3G connected Galaxy Camera in India for Rs. 29,900 and has reportedly tied up with Airtel to offer 1 GB free mobile data per month for two months. The camera allows pictures to be shared on social networking websites using 3G, Wi-Fi or Bluetooh connectivity.
"There is a large trend of consumers connecting online and sharing pictures and videos. This product is directed at people who like taking pictures and would want to share them with their friends on the go" said Asim Warsi, VP, Samsung Mobile.
Facebook is planning to share data with Instagram. Email restrictions between users of the social network and those of the popular photo sharing service will reportedly be relaxed. Facebook is also planning to change a 4 year old process in which the billion plus users of the social network can vote to change its policies on privacy and other terms and conditions.
"We will continue to post significant changes to our Data Use Policy and SRR and provide a seven-day period for review and comment. As always, we will carefully consider your feedback before adopting any changes" said a press release.
IBS Software enters into contract with Lufthansa Cargo
Trivandrum based IT solutions provider IBS Software entered into contract with Lufthansa Cargo AG to implement air cargo solution, iCargo.
"To be chosen by an iconic airline like Lufthansa is a significant step in our endeavour to make iCargo the No.1 air cargo management solution in the world. We expect to add substantial business value to LCAG and be a transformational partner in their quest to achieve increased operational efficiencies and growth" VK Mathews, Executive Chairman, IBS Group, in a press release. The company claims that this contract is one of the largest IT systems deals by the Lufthansa Group.
Unilever opens technology and innovation centre in Bangalore
Global FMCG giant Unilever opened a new technology and innovation centre in Bangalore. The 2.2 lakh sq feet facility hosts 1,400 staff members. The company plans to scale up the center’s capacity in the future.
Delhi High Court launches e-court fee system
Delhi High Court launched the e-court fee system to cut down delays in filing cases. Litigants and lawyers will reportedly be able to make payments for stamp papers electronically within or beyond office hours. "This is a historic step which will bring transparency in the administration of justice. The government would extend its support to make a modern judicial system" said Sheila Dikshit, CM, Delhi.
Wipro named greenest electronic company by Greenpeace
In Greenpeace’s annual Guide to Greener Electronics, Wipro was named the greenest electronic company in the world. "Wipro has set a new benchmark for sustainability, not only in India but across the globe, that will have a long-term impact in shaping the green energy debate in the electronics industry" said Abhishek Pratap, Senior Campaigner, Greenpeace India. Wipro was reportedly followed by HP, Nokia, Acer, Dell, Apple, Samsung, Sony, Lenovo and Phillips in the top 10.