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Tuesday, September 27, 2011

Infosys, TCS hire in big numbers; students pick only top-end performers


It is an all-out war at engineering campuses and only outperformers are winners. While a grim global macro-economy has not prevented IT firms from hiring record numbers from topengineering colleges, students at these institutions are vetting offers very carefully and picking firms with a strong growth track. On their part, top IT recruiters are sharing first slots at campuses in their keenness to tap into the best talent. 

Take the case of Amrita University which has campuses in Bangalore, Coimbatore and Kochi. India's second largest IT exporter Infosys and Nasdaq-listedCognizant shared the first slot. While Cognizant picked up 1,263 students, Infosys went for 1,255. Around 970 students had common offers and finally, 83% of them opted for Cognizant while the remaining chose to go with Infosys. 

A similar trend could be seen at Institute of Engineering and Management, Kolkata, Vellore Institute of Technology, BS Abdur Rahman University (formerly Crescent Engineering College), Chennai and many other tech campuses. The trend is expected to be reinforced even in Karnataka and the National Capital Region where campus placement is going to take place soon. Recruiting has kicked off in a big way in Tamil Nadu, Rajasthan and West Bengal last month. It's in full steam in Maharashtra and Andhra Pradesh now. 

With a recession looming large, students are not taking any chances. They are watching every IT company closely as a brand and then choosing where to go very carefully. Around 15 students whom ET spoke to across campuses had one thing in common to say: what matters to them is being in a high growth company which offers job stability and has a good brand name. "I chose Cognizant as they survived reces-sion period two years back," says R Lakshmi of BS Abdur Rahman University.

Sunday, September 25, 2011

HCL Tech to create 10k jobs in US & EU

ImageHCL Technologies said it will create 10,000 jobs in the US and the EU in the next 5 years, emphasizing that it does not want to be "seen as a company which takes away jobs". The announcement comes at a time when anti-outsourcing campaign against Indian tech companies is gaining momentum in a slowing US and European Union. 

Politicians and governments in these countries have been objecting to offshoring work, and in the US, President Barack Obama had threatened to cancel tax breaks to companies shipping away jobs. 

"It is our stated position to create 10,000 jobs in the US and the EU. We don't want to be seen as a company which takes away jobs, instead seen as creating new ones," Vineet Nayar, vice-chairman and CEO, HCL Technologies, said. "The jobs will be created over a five-year period." The company already has 85,000 employees in these regions. 

"The story of our glocalisation is based on the principle of reverse investment in local economies. We follow a three-point approach - investing in local delivery centers, tie-ups with local universities and local hiring and lastly, collaboration with customers," Nayar said. 

HCL Tech announced the setting up of a development centre in Redmond, US and another one in Dublin, Ireland. While the US centre will have 350 seats, the Irish centre will have 80. On plans are to open centres in Columbia and Cape Town, South Africa. 

The company said it will go to campuses in these countries to hire for the first time during this placement season. Among the universities which have been shortlisted includes, University of Washington (Bothell and Tacoma campuses), Seattle University and Seattle Pacific University. 

Most Indian tech companies have been consistently hiring more and more in western countries over the past few years, to blunt the criticism of 'taking away' jobs. The proportion of the recruit in the US and the EU has seen a marked increase . In HCL's case, the targeted ratio is 50:50.

HCL Tech to create 10k jobs in US & EU

ImageHCL Technologies said it will create 10,000 jobs in the US and the EU in the next 5 years, emphasizing that it does not want to be "seen as a company which takes away jobs". The announcement comes at a time when anti-outsourcing campaign against Indian tech companies is gaining momentum in a slowing US and European Union. 

Politicians and governments in these countries have been objecting to offshoring work, and in the US, President Barack Obama had threatened to cancel tax breaks to companies shipping away jobs. 

"It is our stated position to create 10,000 jobs in the US and the EU. We don't want to be seen as a company which takes away jobs, instead seen as creating new ones," Vineet Nayar, vice-chairman and CEO, HCL Technologies, said. "The jobs will be created over a five-year period." The company already has 85,000 employees in these regions. 

"The story of our glocalisation is based on the principle of reverse investment in local economies. We follow a three-point approach - investing in local delivery centers, tie-ups with local universities and local hiring and lastly, collaboration with customers," Nayar said. 

HCL Tech announced the setting up of a development centre in Redmond, US and another one in Dublin, Ireland. While the US centre will have 350 seats, the Irish centre will have 80. On plans are to open centres in Columbia and Cape Town, South Africa. 

The company said it will go to campuses in these countries to hire for the first time during this placement season. Among the universities which have been shortlisted includes, University of Washington (Bothell and Tacoma campuses), Seattle University and Seattle Pacific University. 

Most Indian tech companies have been consistently hiring more and more in western countries over the past few years, to blunt the criticism of 'taking away' jobs. The proportion of the recruit in the US and the EU has seen a marked increase . In HCL's case, the targeted ratio is 50:50.

Fired HP CEO's letter to employees


Until the news of his sacking broke, Leo Apotheker, who was fired by Hewlett-Packard's board, was unaware that his credibility as a CEO was under scanner. Apotheker, who was ousted barely 11 months after joining the company, is being replaced by HP director and former eBay Inc CEO Meg Whitman. 

HP, which has hastily removed two CEOs in the past two years, is left in the lurch to cope up with dented investor confidence and its future strategies. 

In a letter addressed to all HP employees, Apotheker expressed his confidence in HP's future and Whitman's strategic vision. Here's the text of the letter as published on the site The Next Web. 
TO/ All HP Employees 
FROM/ Leo Apotheker 

Dear HP Employees: 

This afternoon, HP issued a press release announcing my resignation as president and CEO, positions I have held with great honor this past year. Meg Whitman will assume the role of president and CEO. 

As you know, Meg is a technology visionary with a proven track record of execution and has served HP well as a member of the board for the past eight months. Meg will be supported by a broad and deep management team, and I have the utmost confidence that HP will succeed in executing its strategic evolution. 

On a personal level, I cannot begin to express the admiration I have for all of you - and what you have accomplished together. Over the past year, we were tasked with developing a strategic vision for HP and I know we have made important contributions to the company's future. 

Your efforts on behalf of HP and your dedication to our customers have inspired me - and I am confident that HP has a bright future because of the talented people that come to work here every day. Thank you for your commitment to HP and for your dedication in serving HP's customers and partners. It has been a tremendous honor and a pleasure to work with you here at HP. 

Sincerely, 
Leo Apotheker  

Fired HP CEO's letter to employees


Until the news of his sacking broke, Leo Apotheker, who was fired by Hewlett-Packard's board, was unaware that his credibility as a CEO was under scanner. Apotheker, who was ousted barely 11 months after joining the company, is being replaced by HP director and former eBay Inc CEO Meg Whitman. 

HP, which has hastily removed two CEOs in the past two years, is left in the lurch to cope up with dented investor confidence and its future strategies. 

In a letter addressed to all HP employees, Apotheker expressed his confidence in HP's future and Whitman's strategic vision. Here's the text of the letter as published on the site The Next Web. 
TO/ All HP Employees 
FROM/ Leo Apotheker 

Dear HP Employees: 

This afternoon, HP issued a press release announcing my resignation as president and CEO, positions I have held with great honor this past year. Meg Whitman will assume the role of president and CEO. 

As you know, Meg is a technology visionary with a proven track record of execution and has served HP well as a member of the board for the past eight months. Meg will be supported by a broad and deep management team, and I have the utmost confidence that HP will succeed in executing its strategic evolution. 

On a personal level, I cannot begin to express the admiration I have for all of you - and what you have accomplished together. Over the past year, we were tasked with developing a strategic vision for HP and I know we have made important contributions to the company's future. 

Your efforts on behalf of HP and your dedication to our customers have inspired me - and I am confident that HP has a bright future because of the talented people that come to work here every day. Thank you for your commitment to HP and for your dedication in serving HP's customers and partners. It has been a tremendous honor and a pleasure to work with you here at HP. 

Sincerely, 
Leo Apotheker  

Friday, August 12, 2011

The fastest aircraft ever made


Falcon Hypersonic Technology Vehicle

Falcon Hypersonic Technology Vehicle 2 (HTV-2), the fastest aircraft ever built is designed to fly anywhere in the world in less than 60 minutes, crashed into the Pacific Ocean, although officials said they were able to gather "unique data" that will guide the development effort.



darpa-htv-120811-01


Falcon Hypersonic Technology Vehicle 2 (HTV-2), the fastest aircraft ever built is designed to fly anywhere in the world in less than 60 minutes, crashed into the Pacific Ocean, although officials said they were able to gather "unique data" that will guide the development effort.




darpa-htv-120811-03








Flight one achieved many firsts: Deployed largest number of sea, land, air and space data collection assets in support of hypersonic flight test Maintained Global Positioning System (GPS) signals while traveling 3.6 miles per second; Validated two-way communication with the vehicle; Verified effective use of the Reaction Control System (RCS).




darpa-htv-120811-06




Three technical challenges exist within this HTV-2 flight regime. They are categorized as aerodynamic; aerothermal; and guidance, navigation and control. And each phase of flight introduces unique obstacles within these areas.




darpa-htv-120811-02




DARPA’s Falcon Hypersonic Technology Vehicle 2 (HTV-2) program is a multiyear research and development effort to increase the technical knowledge base and advance critical technologies to make long-duration hypersonic flight a reality.Mastery of three key technical challenges stands between the DoD and long-duration hypersonic flight: Aerodynamics; Aerothermal effects; and critical guidance, navigation and control.




darpa-htv-120811-05


Historic first launch puts HTV-2 into suborbital flight.




darpa-htv-120811-04




KIRTLAND AIR FORCE BASE, N.M. (AFMCNS) - Artist's drawing of the Falcon Hypersonic Technology Vehicle-1. (Courtesy photo of Russ Partch)









Wednesday, August 3, 2011

Internet Explorer Users Have Lower IQs Than Other Browser Users, Says a Study


Internet Explorer users scored lower than average on the IQ tests conducted by AptiQuant Psychometric Consulting company. Chrome, Firefox and Safari users had just a teeny bit higher than average IQ scores. And users of Camino, Opera and IE with Chrome Frame had exceptionally higher IQ levels.
Internet Explorer has traditionally been considered a pain in the back for web developers. Any IT company involved in web development will acknowledge the fact that millions of man hours are wasted each year to make otherwise perfectly functional websites work in Internet Explorer, because of its lack of compatibility with web standards.
The continuous use of older versions of IE by millions of people around the world has often haunted web developers. This trend not only makes their job tougher, but has also pulled back innovation by at least a decade. But with the results of this study, IT companies worldwide will start to take a new look on the time and money they spend on supporting older browsers.
A Vancouver based AptiQuant, has released a report on a trial it conducted to measure the effects of cognitive ability on the choice of web browser. AptiQuant offered free online IQ tests to over a 100,000 people and then plotted the average IQ scores based on the browser on which the test was taken. And the results are really not that surprising. With just a look at the graphs in the report, it comes out pretty clear that.


Read more at TECK.IN: http://teck.in/internet-explorer-users-have-lower-iqs-than-other-browser-users-says-a-study.html#ixzz1TxY9iwCs

Google Chrome Overtakes Firefox in UK Browser Share‎


Chrome LogoGoogle’s Chrome became the number two browser in the UK during the month of July for the first time, according to StatCounter, the free website analytics company. Chrome took 22.1% of the UK market, up from 3.9% in July 2009 and Microsoft’s Internet Explorer fell significantly from 61% to 46% globally and Firefox dropped slightly from 27% to 22%.
Chrome is also performing particularly well in Ireland where it overtook Firefox in May to become the number two browser. In July it reached 27.7%, ahead of Firefox’s 24.2% but still behind IE at 39.9%.
StatCounter Global Stats are based on aggregate data collected on a sample exceeding 15 billion page views per month (830 million from the UK and Ireland) from the StatCounter network of more than three million websites.


Read more at TECK.IN: http://teck.in/google-chrome-overtakes-firefox-in-uk-browser-share.html#ixzz1TxXvon8F

College student strip-searched. Why?


In shocking incident, a college girl was stripped and searched, just to find a cell phone. This happened at the Prince Venkateshwara College of Arts and Sciences near Selaiyur. The student was taken to rest room and stripped by the physical education teacher. Following the incident 150 students went to the Vice Chancellor of Madras University to file a complaint. A woman’s modesty shaken and a student’s trust breached, all this just to find a concealed cell phone. If we don’t respect college students how can we expect the world to change its attitude towards women? What action should be taken against the college authorities? Share your views.
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    Biggest-ever series of cyber attacks uncovered, U.N. hit


    Biggest-ever series of cyber attacks uncovered, U.N. hit

    reuters

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    On Wednesday 3 August 2011, 9:55 AM
    By Jim Finkle
    BOSTON (Reuters) - Security experts have discovered the biggest series of cyber attacks to date, involving the infiltration of the networks of 72 organizations including the United Nations , governments and companies around the world.
    Security company McAfee, which uncovered the intrusions, said it believed there was one "state actor" behind the attacks but declined to name it, though one security expert who has been briefed on the hacking said the evidence points to China.
    The long list of victims in the five-year campaign include the governments of the United States, Taiwan, India, South Korea , Vietnam and Canada; the Association of Southeast Asian Nations (ASEAN); the International Olympic Committee (IOC); the World Anti-Doping Agency; and an array of companies, from defense contractors to high-tech enterprises.
    In the case of the United Nations , the hackers broke into the computer system of the UN Secretariat in Geneva in 2008, hid there unnoticed for nearly two years, and quietly combed through reams of secret data, according to McAfee.
    "Even we were surprised by the enormous diversity of the victim organizations and were taken aback by the audacity of the perpetrators," McAfee's vice president of threat research, Dmitri Alperovitch, wrote in a 14-page report released on Wednesday.
    "What is happening to all this data ... is still largely an open question. However, if even a fraction of it is used to build better competing products or beat a competitor at a key negotiation (due to having stolen the other team's playbook), the loss represents a massive economic threat."
    McAfee learned of the extent of the hacking campaign in March this year, when its researchers discovered logs of the attacks while reviewing the contents of a "command and control" server that they had discovered in 2009 as part of an investigation into security breaches at defense companies.
    It dubbed the attacks "Operation Shady RAT" and said the earliest breaches date back to mid-2006, though there might have been other intrusions as yet undetected. (RAT stands for "remote access tool," a type of software that hackers and security experts use to access computer networks from afar).
    Some of the attacks lasted just a month, but the longest -- on the Olympic Committee of an unidentified Asian nation -- went on and off for 28 months, according to McAfee.
    "Companies and government agencies are getting raped and pillaged every day. They are losing economic advantage and national secrets to unscrupulous competitors," Alperovitch told Reuters.
    "This is the biggest transfer of wealth in terms of intellectual property in history," he said. "The scale at which this is occurring is really, really frightening."
    CHINA CONNECTION?
    He said that McAfee had notified all the 72 victims of the attacks, which are under investigation by law enforcement agencies around the world. He declined to give more details, such as the names of the companies hacked.
    Jim Lewis, a cyber expert with the Center for Strategic and International Studies, was briefed on the discovery by McAfee. He said it was very likely that China was behind the campaign because some of the targets had information that would be of particular interest to Beijing .
    The systems of the IOC and several national Olympic Committees were breached in the run-up to the 2008 Beijing Games, for example.
    And China views Taiwan as a renegade province, and political issues between them remain contentious even as economic ties have strengthened in recent years.
    "Everything points to China. It could be the Russians, but there is more that points to China than Russia ," Lewis said.
    He added that the U.S. and Britain have capabilities to pull off this kind of campaign, but said, "We wouldn't spy on ourselves and the Brits wouldn't spy on us."
    McAfee, which was acquired by Intel Corp this year, would not comment on whether China was responsible. Security researchers who work for large corporations are often reluctant to link governments to cyber attacks out of fear it could hurt their business in those countries.
    HACKERS CONFERENCE
    The UN said it was aware of the report, and that it has started an investigation to ascertain if there was an intrusion.
    "The idea is to look into the entire Geneva network," said Farhan Haq, Deputy Spokesperson for the UN Secretary-General, adding that it was difficult to quantify the potential damage without knowing exactly what had been attacked.
    He declined to be drawn on who might be behind the attacks. When asked what would happen if it turned out to be China, he said: "We'll have to cross that bridge once we find out what happened to our network."
    McAfee released the report to coincide with the start of the Black Hat conference in Las Vegas on Wednesday, an annual gathering of security professionals and hackers who use their skills to promote security and fight cyber crime.
    In the scorching desert heat, they will meet to talk about a series of recent headline-grabbing hacks, such as on Lockheed Martin Corp, the International Monetary Fund, Citigroup Inc, Sony Corp and EMC Corp's RSA Security.
    Experts will disclose security vulnerabilities in commonly used software, computers, services and electronics to help companies and governments combat criminal hackers.
    The activist groups Anonymous and Lulz Security have recently grabbed the spotlight for temporarily shutting down some high-profile websites and defacing others.
    But attacks like Operation Shady RAT are far more costly and often undisclosed, as victims fear reputational damage or attention from other hackers. McAfee sees Operation Shady RAT as the tip of the iceberg.
    "I am convinced that every company in every conceivable industry with significant size and valuable intellectual property and trade secrets has been compromised (or will be shortly), with the great majority of the victims rarely discovering the intrusion or its impact," Alperovitch wrote in the report.
    "In fact, I divide the entire set of Fortune Global 2000 firms into two categories: those that know they've been compromised and those that don't yet know."
    (Additional reporting from Tom Miles in Geneva, editing by Tiffany Wu, Martin Howell)