According to a report, Nokia Siemens Network (NSN) is successful in raising more than 1.2 billion euros from a group of 14 U.S. and European banks. Actually amount the group was seeking is 1.5 billion euros, but market turmoil results in settling them to a smaller amount. The joint group needed the amount to restructure its business and pay costs of a big redundancy. As per Reuters, Nokia Siemens Network has faced aggressive pricing from rivals and an economic downturn that has even forced telecom companies to cut spending. JPMorgan,...

The takedown of Megaupload by the feds last week saw online storage service Filesonic disabling its file sharing service between its users starting from today. Banner on the company website reads, “All sharing functionality on Filesonic is now disabled. Our service can only be used to upload and retrieve files that you have uploaded personally.” Filesonic has...

The weekend saw many of developers gathered together for the second Cleanweb Hackathon in New York City. Programmer builds different mobile and web apps spreading new ways to manage the world’s resource problems – water, energy, fuel and food. The event demonstrates the impact of applying information technology to resource constraints with the goal to build apps...

Activision Blizzard, over the weekend unveiled two new multiplayer maps which will be the first downloadable content for Call of Duty Modern Warfare 3. Activision showed off the first two content drops for Modern Warfare 3 on GTTV with Geoff Keighley show. The new maps will launch on Tuesday, January 24. Robert Bowling, creative strategist at Infinity Ward, said...

Own an Android phone and you most of the time is in search of app, that not only suits your phone but also loved by you. An app store, Appitalism, in its recent moves, tailored for all phone platforms, has made more than 3,00,000 free Android Market apps available for download through its service. The New York based Appitalism’s site was launched in September 2010...

With the takedown of Megaupload last week by the feds, Hacker Group Anonymous continues it strikes with shutting down CBS website for approximately 20 minutes on Sunday. Last week, online content sharing website, Megaupload was shut down by feds, resulting in a reaction from the Anonymous shut down various government agencies and big companies website. The CBS site...

The Window version of the “Absinthe” GreenpoisOn jailbreak tool is out now. Those with only windows-based computers can now jailbreak their A-5 powered iDevices, iPhone 4s, iPad 2 and iOS 5. It might not be easy for you to download it from the GreenpoisOn website, but you can download it from here to the windows version of the Absinthetool. Before running the...

The Linux Foundation, in partnership with Yeoman Technology Group, recently conducted an invitation-only survey of 1893 enterprise Linux users. The survey pool was comprised of The Linux Foundation End User Council, as well as other companies, organizations and government agencies selected by The Linux Foundation and Yeoman, revealed Linux was gaining popularity...

Delicious, a popular social bookmarking website, had announced four new features – collaborate on stacks, comments and suggest on stacks, stack responses and private stacks. Stacks are always a great way to organize and present that content a user is passionate about and will add your voice why it matters. Collaborate on stacks will allow others in your group...

When news aggregator Summify announced last week that is was being acquired by Twitter, the company mentioned that the current version of the service would be shut down. The company News.me, known for its iPad newsreading app, somehow similar to Summify, published a blog post telling Summify users, “We’re here for you,” outlining upcoming features like Facebook...