San Francisco: Good news is coming from Facebook Inc to all its users that the site is planning to test a discount service.  It will let consumers buy discount offers. The initiate will allow people to share their discount offer with their friends and other people as well.  It will give a boost to sale and attract consumers.

However, the service is introduced in 5 cities including San Francisco, Atlanta, Dallas, San Diego and Austin.

With the service, Facebook is seeking to expand US market. Users of Facebook will be able to buy the discount items through the Facebook partners including Gilt City, ReachLocal, Tippr, PopSugar City and Zozi.

It is expected that the social network site sale idea is going to get great hit and the companies can get a huge profit from it.

However, Red Army, the Chinese Military, close links to Huawei is expecting that it will raise fear among security experts. They are warning that Britain could be vulnerable to spying and cyber attacks.

It is expecting that the new fast broadband facility may increase security fears over the sharing of facility between Britain and China.

Dr. Kim Howells, former chair of the Parliament intelligence said “the matter is very annoying”.  He added “it gives the Chinese a key component at the heart of British communications.”

There are various remarks going on the issue from different Chinese officials.

The employees are excited with their bonus.

An employee also says “we are going to receive great bonus and it is based on our performance which is also in line with the company’s performance.”

Shankar Srinivasan, Cognizant chief people officer confirmed the announcement. He says, yes, the company has announced the bonus to all its associates, globally.

However, the bonus is on the basis of total revenue growth in the year 2010 which is more than the bonus payout in recent years.

The service will allow full Internet browsing via television, it would be free, and Google would work with a range of program producer and electronic firm to bring it to customers.

According to CEO Eric Schmidt “We will work with content providers, but it is very unlikely that we will get into actual content production.”
The deal between Sony and Google has been finalized and deal with Samsung is on commencing stage. Sony is ready to load application of Google TV on its gadgets and its competitor Samsung on is on a verge to launch the service.

The statement comes within a week once competitor Apple uncovered its newest Apple TV product and will exaggerate a clash for client’s consideration for the $180 billion worldwide TV marketing advertises.

Schmidt also said Google would proclaim joint venture later this year with manufacturer of tablet computers that would use Google’s Chrome operating system, due to be launched soon, pretty than its Android phone software, which has been used for mobile devices until now.
California based company “The Mountain View”, is planning to make Chrome, which will compete with Microsoft’s Internet Explorer and Mozilla’s Firefox, the centre of an operating system that would offer a substitute to Microsoft Windows.

The world’s No 1 search engine is tracking for new income prospect as growth in its core Internet selling slows and as new technologies such as smart phones and social networking services alter the way consumers access the Web.

When asked about condemnation over Google’s Street View in Germany, CEO Schmidt said he had estimated and accounted it and he had talks with some authorized members of the German government.

Google’s Street View cars are popular for crisscrossing the orb and captivating panoramic pictures of the city streets, which the corporation displays in its online Maps product.

Columnist and critics say the device encourage maltreatment. They squabble on the fact that thieves can explore or mark the idea of burglary, safety measures firms could use the data for sales pitches, professionals might find their homes examined by corporation and business houses, and banks could look over the abode of loan claimant.

The problem came to the Google when Germany government found out that Street View vehicles were collecting confidential data and later sent over unencrypted WiFi networks.

Singapore Telecommunication

Southeast Asia’s biggest telecom company Singapore Telecommunications is improbably to bid for Cable and Wireless Worldwide, the firm desires to focus on the Asia Pacific province, said Citigroup on Tuesday.

After a meeting with the Singapore firm, Pineda and Ravi Sarathy, Citi analysts Arthur said in a note to patrons that, “SingTel had clarified its preference to focus on acquisitions in the Asia Pacific region where it can build scale and drive revenue growth via penetration. This to us indicates that there is likely to be limited interest on the part of SingTel in acquiring C&W Worldwide, contrary to UK press reports.”

Since a revenue warning in July the shares of C&W grow to their highest level on Monday after a weekend report in the news paper, it said that the bid was considering by the Singapore firm.

ABN $1 Billion Contracts

$ 1 billion deal is set to renew with Infosys, Tata Consultancy Services, an Indian outsourcers and IBM by Nationalized Dutch bank ABN AMRO ABRGPA.UL, according to a report published news paper on Tuesday.

To managing computer hardware systems and software applications of banks the contract will renew by the bank with three firms, quoting unidentified sources familiar with the decision, the news paper said.

The news paper said that the previous contract of $ 2 billion had been signed with 5 software companies together with India’s Patni Computer Systems and Accenture.

But still no comments reached from officials of TCS and Infosys.

The company said in a press release, “LG will integrate Tegra 2 into its smartphones, providing them with unprecedented power, speed and graphics capability”. The company added, Tegra 2 refers to NVIDIA’s mobile processor that consists of a dual-core CPU, powered through complex tasks to achieve significant hike in performance.

A new line of innovative mobile products, the newly launched model will be part of LG’s Optimus Series. Vice President of LG’s Marketing Strategy Team, Ma Chang, said, “LG is committed to making its Optimus Series smart devices the de facto standard in speed and graphics performance”. He further added, “We selected NVIDIA because it is the visual computing leader and has a long history of creating amazing consumer experiences”.

In the fourth quarter of the year, LG’s Optimus Series smartphones featuring the NVIDIA Tegra 2 mobile processor is scheduled to make its debut.

Taiwan's HTC Sales

TAIPEI: Taiwan’s HTC one of the largest Smartphone manufacturer firm said on Monday that company’s consolidated sales in August over the double to T $ 24.2 billion from last year.

The HTC is selling various smart phones in the market across the world and with its Google’s Android based mobile phones get much better response in the world smart phone market.

But in the statement the company did not elaborate to the Taiwan stock exchange.

Google Announced

Effective from Oct 3, Google on Friday announced that it will be streamlining its privacy policy. The search engine is removing redundant sections and launching a new privacy policy and it is not going to make any material changes to its policy.

Mike Yang, associate general counsel at Google, wrote in a blog post, “Long, complicated and lawyerly that’s what most people think about privacy policies, and for a good reason”. “So we are simplifying and updating Google’s privacy policies.”

The two different type of changes Google will make, it includes deleting 12 product-specific policies which the company finds repetitive. Yang wrote, “These changes are also in line with the way information is used between certain products – for example, since contacts are shared between services like Gmail, Talk, Calendar and Docs, it makes sense for those services to be governed by one privacy policy as well”.

Google also plans to make phrasing more user-friendly and cut out some of the more redundant languages. Yang said, “For example, we’re deleting a sentence that reads: ‘The affiliated sites through which our services are offered may have different privacy practices and we encourage you to read their privacy policies,’ since it seems obvious that sites not owned by Google might have their own privacy policies”.

He said, Google will also add a new privacy tools page Google Privacy Center so that “our most popular privacy tools are now in one place”. Now Google has a preview of the updated version online and it will replace the existing version on Oct 3.

Yang concluded, “Our undated privacy policies still might not be your top choice for beach reading (I am, after all, still a lawyer), but hopefully you’ll find the improvements to be a step in the right direction”. From a California based consumer group Google’s privacy policy came under fire. Similar to “do not call” lists, the group wants Congress to enact “don’t track me” legislation.

Google settled a class-action case regarding its Buzz social-networking feature on Friday. Around $8.5 million the company will hand over, which after covering expenses and attorneys fees will be given to Internet privacy and education groups.

The new Galaxy Tab is a fully functioning phone means you can use it to receive and make calls and also able to make and receive video calls in addition SMS, MMS and email too.

It has two cameras one at front and second at rear, the Galaxy offers 3 MP camera on rear side for taking photo and a VGA camera on front for video calls. It also features number of Google services including Google Places, Google Goggles and Google Navigation and it also has built in GPS.

The Galaxy will be available in two sizes one with 16 GB of inbuilt storage and second one with 32 GB inbuilt storage capacity, till now the price of Galaxy Tab not declared but it expected around $ 200 to 300.