| Technology- Embracing world in arms |
Compiled by Devika Chhibber
Bill Gates once rightly said, `Technology makes it possible for people to gain control over everything, as science today, is technology tomorrow`.
Technology has revolutionized the world. Whether we talk of handy mobile sets, smart PC`s or simple gadgets used in our daily routines, technology has transformed the way we think, work, contribute and achieve.
Imagine you are having a chat with your friends suddenly you receive a picture email in your phone from your mother of some occasion she last attended. Or another time suppose you are far away from your office and all of a sudden you get to know about this important meeting with your VIP delegates, no worries you can go for a video-conferencing on your slender notebook.
With so many gizmos and gadgets forming part of your curricular activities life has become so convenient, so handy, and so trouble-free as if the whole world has come into your pockets and all the problems could be effectively solved with just the click of a mouse. The mouse, which turned 40 this year. Technology has transformed our lives in a manner, we never imagined before. Be it our kitchen or our bedroom technology can be credited with the role of changing our lives tremendously.
Let`s give a take at the tech & net world:
Rumbling Giants: Google, Yahoo and Microsoft
Yahoo’s Microsoft bid
Microsoft withdrew their offer to acquire Yahoo after talks between the two companies and their advisors broke down after a failure to come to agreement on price and other terms.
A final meeting occurred at Microsoft headquarters in Redmond, between Jerry Yang and David Filo from Yahoo, and Kevin Johnson and Steve Ballmer from Microsoft. At that meeting, Yahoo said the lowest price they could accept was $37/share. Microsoft reportedly went as high as $33/share. Yang and Filo returned to California shortly after the meeting, and Yang then had a subsequent phone conversation with Ballmer. At that very time Ballmer withdrew the offer.
Ballmer had even threatened to takeover the company by share purchase. Yahoo, after much thinking, rejected Microsoft`s multibillion-dollar buyout offer, saying that it undervalued the company.
Google, Yahoo strike ad deal
The non-exclusive deal united the online advertising businesses of Google and Yahoo and came as a setback to Microsoft, which tried hard to acquire all or part of Yahoo to strengthen its own online business and compete better with Google.
Yahoo expects the deal to generate $250 million to $450 million in operating cash flow during the first 12 months, and that it represents an annual revenue opportunity for Yahoo of $800 million. The deal was announced after Yahoo said earlier that it had ended its talks with Microsoft over a possible investment by the software giant.
Yahoo said it ended the talks because Microsoft was interested only in acquiring Yahoo`s search business, not the entire company.
Yahoo and Google had been in talks over a potential deal for months. It was seen as a way for Yahoo to strengthen its advertising business and alleviate the pressure to be acquired by Microsoft. Microsoft had cited any deal with Google as a potential deal-breaker in its talks with Yahoo. It had also called it a bad business decision that would only serve to strengthen Google, the online ad market leader. |
|
|
