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The Obama administration detailed an initiative which gives consumers more authority to control over their personal information that they store, share online, asking all the Internet companies such as Google and Facebook to together worked towards developing common privacy standards, Bloomberg reports. The government is enacting a privacy bill of rights for web users...

HP reported mixed first quarter earnings with the revenues for the period were $30.04 billion, down from $32.3 billion last quarter, its net income was $1.47 billion, and its earnings per share was $0.73. The GAAP diluted earnings per share (EPS) was $0.73, down 38% from the prior-year period. Non-GAAP diluted EPS was $0.92, down 32% from the prior-year period. First quarter non-GAAP earnings information excludes after-tax costs of $364 million, or $0.19 per diluted share, related to amortization of purchased intangible assets, restructuring...

We all know that political leaders from across the world uses the different social media sites from time-to-time – the latest in addition is that the French President Nicolas Sarkozy had opened a Twitter account – during which the course of time, certain several parody and critical accounts have been suspended by micro-blogging site over the last days, generating...

What it would be the “failed” turnover could cost the company as well as the company head – if you have not ever wonder – then here we are at this point to tell what happens in the case of AT&T’s failed takeover of T-Mobile which cost the company about $4.2 billion in breakup fees paid out in cash as well as in spectrum rights, AllThingsD reports. The...

Yandex, the Russian search giant which was known lately with the news that it has joined hands with the world’s largest micro-blogging site Twitter for sharing real-time information has announced its quarterly earnings and financial results for the full year 2011. The company generated the revenues of RUR 6.4 billion ($200.0 million1), up 56% compared with Q4 2010 in fourth quarter 2011 whereas generated the revenues of RUR 20.0 billion ($622.2 million1), up 60% compared with FY 2010 in the whole fiscal year 2011. Q4 2011 Financial...

We always or at least most of the time wonders that how the government organizations worked with software companies – in one of its sounding like a new first time thing – the US Central Intelligence Agency told software vendors that it plans to revolutionize the way it does business in order to keep up the “current faster” pace of technology advancement – instead of emphasising on the traditional “enterprise licensing agreements” way. Ira Hunt, the agency’s top technology officer, told an industry conference,...

Dell seemingly fall down on its fourth quarter earnings expectation, the company announced it quarter and fiscal year results – accounted revenue of $62.1 billion for the fiscal year, $16 billion in Q4, record enterprise solutions and services revenue of $18.6 billion for fiscal year whereas $4.9 billion in Q4 and Cash flow from operations of $5.5 billion for fiscal...

A surprisingly “freed” movement for the Megaupload founder Kim Dotcom who was jailed in New Zealand, has now been freed on bail but is not allowed to use the internet. A little over a month has passed US accused the major internet content hosting website, Megaupload.com of copyright infringement – charging seven individuals, including the site founder and two...

China, which is already known as the “biggest” mobile market in the world, and with the news reported that it’s only getting further bigger, as the country saw an increase of 1.2 percent monthly increase in total number of mobile subscribers to 987.58 million in January, as the data revealed from the country’s three telecom operators. The world’s largest...

According to WSJ report, the director of National Security Agency has stated that the hacker group Anonymous could have the ability to bring about a “limited power” outage through a cyberattack within the next year or two – Gen. Keith Alexander, the director, provided his assessment in meetings at the White House and in other private sessions – while he hasn’t publicly expressed his concerns about the Anonymous potential to disrupt power supplies. Anonymous Attacks so far: Since from the time when feds knocked out Megaupload...