Cisco eyes second-highest slot in blade server mkt

Networking giant Cisco is looking at the rapid growth in demand for cloud computing services as an opportunity to corner the second-highest slot in the blade server market globally. Cisco had forayed into the blade server space about two years ago with its Unified Computing System (UCS) and is currently the third-largest player globally, after HP and IBM. "Over the last 12 months, our market share has ramped up. We are now placed third globally. In fact, we are in sitting distance of being the number two as far as the blade server market is concerned," Cisco Senior Vice-President (Data Centre, Virtualisation and Cloud Business) Rajesh Rege...

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Ratan Tata exhorts youth to fight graft

At a time when Team Anna is piling up pressure on the government over the Lokpal Bill, Tata Group Chairman Ratan Tata today said the youth of India need to fight to root out corruption.Tata, who generally maintains a silence over the issue at public platforms, tweeted: "The youth of today will need to recognise that they shoulder a great responsibility...They will need to fight for rooting out corruption, for ensuring that no one is above the law, and uniting the citizens of India as 'Indians first' instead of communal or geographic factions". Stating that the youth of India can shape the country's future, he said they will need to strive for...

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Kingfisher not operating 175 daily departure flights

Kingfisher airlines was not operating 175 of the 418 daily departure flights approved for it during winter schedule 2011 leading to cancellation of its slots.“Directorate General of Civil Aviation (DGCA) has issued letters to Kingfisher for violation of Rule 140 A of aircraft Rules 1937," Civil Aviation Minister Ajit Singh said in reply to a question in the Lok Sabha today. “Kingfisher Airlines has informed that they have initiated reconfiguration of their aircraft due to which some of their aircraft are out of service for a few weeks," Singh told the House. The slots alloted to Kingfisher had been cancelled, the Minister said. In reply to another...

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US stocks spike on jobs news

US Stocks closing: Stocks are closing higher on encouraging economic reports. The number of Americans that applied for unemployment benefits dropped last week to the lowest level since April 2008, in the latest sign that the job market is healing.The Dow Jones industrial average closed up 62 points Thursday, or less than 1 percent, to 12,170. The S&P 500 index rose 10 points, also less than 1 percent, to 1,254, while the Nasdaq was up 21, or less than a percent, at 2,599. Applications for unemployment fell for the third week in a row. The Conference Board also reported that its measure of future economic activity had a big increase in November....

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NASA discovers Tatooine, but not in a galaxy far, far away

Astronomers say a bit of science fiction is now reality. They've spotted a planet orbiting two suns. The discovery was made by NASA's planet-hunting telescope Kepler. Scientists describe the find in Friday's issue of the journal Science. They are calling the new planet Tatooine after the fictional body in the Star Wars films that boasts a double sunset. The alien world, about the size of Saturn, is frigid and inhospitable. It orbits two stars 200 light-years from Earth. Though there have been past hints of the existence of other planets that circled double stars, scientists said this is the first confirmation. Kepler was launched in 2009 to find...

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