Archive for May 18, 2008

Dell and its employees will donate up to RMB 2.1 million to aid relief efforts in the wake of the massive earthquake affecting China Monday – the second major disaster to hit Asia in less than a week.

The company’s contributions will come from Dell Inc., the Dell Foundation and Dell employees, whose funds will be matched by Dell through the company’s Direct Giving program.

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Facebook announced that it will block Google’s Friend Connect service from accessing data on its social network site because Friend Connect does not comply with their privacy policy.

Facebook said Google’s service is allowing third party sites to have access to the user information that is transmitted while exporting profile information.

The decision comes as a blow to the joint effort of the three companies, Facebook, Google and MySpace, to increase data portability over the internet.

Facebook has said that Google will be allowed access again as soon as it will solve the issues, but Google said it doesn’t understand what exactly it is expected to do.

Adobe has released the first beta of their upcoming Flash Player 10 edition.

This new release is codenamed Astro and it comes loaded with new features for both designers and developers.

Some new features are support for custom filters and effects, native 3D transformation and animation, extensible rich text layout and GPU hardware acceleration.

Adobe claims that the new player would provide “a new level of cinematic experiences across multiple browsers and operating systems.”

OLPC Laptops Will Use Windows

Posted: May 18, 2008 in Tech

Microsoft announced its plans to aid the One Laptop Per Child project by offering its Windows XP operating system for a fee of just $3 per unit.

The XP OS will be used by students in developing countries who will be given the low-cost notebook computers by the OLPC.

The collaboration between the two is called Unlimited Potential and according to Craig Mundie, Microsoft’s chief research and strategy officer, their plan is to find as many affordable computing solutions for education as possible in order to offer students everywhere a much more relevant, complete, accessible and affordable technology experience.

CBS Corporation has entered into an agreement to acquire CNET Networks, Inc., it was announced by Leslie Moonves, President and Chief Executive Officer, CBS Corporation.

Under the terms of the agreement, CBS will make a cash tender offer for all issued and outstanding shares of CNET Networks for $11.50 per share, representing an equity value of approximately $1.8 billion. The acquisition will make CBS one of the 10 most popular Internet companies in the United States, with a combined 54 million unique users per month, and approximately 200 million users worldwide.

CNET Networks owns many of the Internet’s leading entertainment, news and information sites including CNET, ZDNet, GameSpot.com, TV.com, mp3.com, CNET news.com, UrbanBaby, CHOW, Search.com, BNET, MySimon and TechRepublic. The company, which reported significant profits in 2007 on revenues of $406 million, has a large international footprint, particularly in China.