May 2006 - Page 3 of 4 -

Watch out Oracle!

Posted by | Entrepreneurial | No Comments

According to the Wall Street Journal, SAP AG has announced that it plans to provide support to Oracle’s product at a far cheaper price than that of Oracle. Tomorrow Now Inc, a subsidiary of SAP will be providing support for that of Siebel systems, which Oracle had acquired as early as this year. The announcement came on the wake of the scenario, that Oracle has been charging too fat a price for support and up gradation. Companies who had acquired Oracle are thinking or forestalling further expenditure on its up gradation, the result being that companies like SAP are using these opportunities to its advantage and offering support at almost half the price as that of Oracle.

Oracle must learn from other companies and try to provide a competitive pricing strategy. Support and up gradation are such money making market, that Oracle must at once realise the situation and reverse its pricing strategy as far as technical support and up gradation are concerned.

Source: www.wsj.com

Yahoo turns to Washington for Help!

Posted by | Business | No Comments

Yahoo wants Washington to help it to get through to China. It had come under fire from the Chinese Government for certain sensitive news. Yahoo wants Washington to intervene and help it to get news across to China and said that pulling back was out of question. Google has already gone ahead and bowed to China law and has promised to refrain from publishing politically sensitive issues. Yahoo though wants more media freedom and wants to get across news.

www.reuters.com

Google welcomes Microsoft and Yahoo.

Posted by | World | No Comments

Google’s Chief Executive Eric Schmidt is of the opinion that he sees endless growth opportunity for google. Acknowledging the presence of Microsoft and Yahoo in the search Engine application Schmidt says that more competitiveness means more demand and hence increase in the price, not only for Google but also for others in the game. At present google is reigning as the most sought after search engines. All most all its revenue comes from the advertising that accompanies any search.

But with all that positive approach Google’s share fell 1.4%. With Microsoft’s new policy on online advertising and its expansion into search engine horizon, one needs to see the strategy that Microsoft adopts (hopefully nothing monopolistic in approach) to make itself more prominent than the others.

Source: www.reuters.com

Increase in Rate(U.S)

Posted by | World | No Comments

According to the Wall Street Journal, the Federal bank has increased its short-term rate to 5%. This is the 16th time that the Federal Reserve has increased its rates. The new increase is to curtail the present increase in the inflation rates. Though experts are of the opinion that the growth graph has been good for the economy. Stock and bond market has fallen after the news about the increased rate was announced. It is also agreed that in order to curtail further inflation, further increase in the rate might be necessary. Though Chairman, Ben Barneke is of the opinion that there might be a break from the continuous increase in the rate (though not totally stopping the increase).

Such an increase in interest rates are adopted by the economies to purposefully decrease investment rate, to curtail the flow of money in the economy such that inflation is curtailed. The federal bank or the central bank (whichever country is in question) might increase or decrease the rates to discourage investments, to reduce the supply of money or flow of money into the economy. The rates are one of the instruments that the central bank has to regulate the flow of money in the economy. Now with the increase in the gold rate, the demand for dollar has also reduced, thereby one has to wait and watch how this change is going to affect the U.S economy.

Source: www.wsj.com

GOLD HIGH

Posted by | World | No Comments

Gold has reached an all time high of $700 per ounce, from $500 an ounce last November. This is an all time high and investors are looking at more increase in the day s to come in fact even to cross the $1000 rate. We need to wait and see how this affects the Indian market. But as of now the increasing gold rate has led to a decrease in the $. This has led to more and more investors to switch to gold as it as an attractive investment option right now, especially since it is expected to rise even further. So all the people out there this is a best opportunity to invest in gold and to gain from the same.

Source: NDTVprofit.com

Novell to unveil the Bandit

Posted by | Technology | No Comments

According to Cnet news.com, Novell is all set to unveil Bandit, an open source identity management program. Later in the year Novell is to upgrade its desktop called suse Enterprise Linux Desktop 10. Open source is to concentrate on customers need. Open source is all set to concentrate on selected corporate users who are ready for adoption of the new identity management program. The other good news is that Open Enterprise server will use Xen virtualisation software to run Linux and Netware on the same machine. Bandit is hopeful to make the open source user-friendlier and widely used. Let us see if the new identity management program can create a niche for itself in the market and make it an alternate to Microsoft.

Source: Cnet News.com

GUESS WHO GATECRASHED INTO BILL’s WEALTH?

Posted by | Management, World | No Comments

Hey guess who is cash stacking these days…it is none other than that of Exxon. According to the Wall Street Journal, the oil giant is making money while the prices are good. Yes! With the help of increase in the oil prices cash resources are an all-time high in Exxon. Exxon pays its dividends to its shareholders, even after which it has around $31.9million at the end of March. Oops! Bill watch out for the new millionaire on the block.

Hey but all good things do attract some critical comments, like investors feel that the amassing of wealth only shows that Exxon is not into many investment activites or other energy related investment. Exxon’s counter argument is that its investments are on long-term basis and the amassing does not in anyway hampering its investment activities. Guess Exxon must take a cue from Mr. Bill Gates and go on a spending spree to reap benefits from its ‘long-term’ investment opportunities.

Source:www.wsj.com

DELL blames it on Price:

Posted by | Business | No Comments

Dell the largest PC manufacturer tasted bitter loss, after it failed to perform in the first quarter. Dell whose major clientele are the corporate, blames the strategy it adopted to increase sales. Dell along with other strategies had improved its pricing to capture the market and increase the sales, but this had given off warning bell and its shares fell. Its PC market fell to 29.8% to 32% this quarter, sending its shares tumbling down. Though its overseas sales saw an increase in activity, at the later stage the pricing strategy adopted by the company bought its market down. Let us see if any revision is underway and how the management handles this issue.

Source: www.wsj.com

Who is the fairest(better) of us all?

Posted by | Technology | No Comments

Hey guys I am not talking about Snow White, but real time online calendar, of Google and Yahoo. Of the recent survey held by news.com. Various features of both Google and Yahoo online calendar were compared. On the basis of Easy access, import export, integration, sharing. Google seems to score points over Yahoo on easy accessibility, integration and sharing. The researchers have found that it is easy to access Google calendar, easier to flip through, integration of various services offered by Google and one can share their schedule with other more effectively through Google online calendar. While Yahoo calendar helps in easy import and export of contents from other services like windows outlook express.

Hey whatever is the end result, only the individuals who use these respective calendars will be able to assess their effectiveness. Isn’t it enough that life has been made much more easier for people like me who spend most of their lifetime online? But no reason to complain, competitiveness leads to better effectiveness and the end benefactor would no doubt be us!

Source: Cnet News.com

Dollars hits all time low against the Asian Currencies

Posted by | World | No Comments

According to the Wall Street Journal, the dollar was all time low against the yen, in about seven months. The fall in dollar was due to various reasons, one being the G 7 meeting, which required a more flexible rate, indicating that they required a stronger Chinese Yuan, which had led to more and more people purchasing the Japanese Yen, because of its trade relationship with China

One more reason why the dollar fell was due to the trade deficit that U.S is facing, there are more dollars in the hands of the exporters. Combined with this is the factor that the employment rate has been slow in the U.S. The dollar though is supposed to stabilise at 110 Yen. Dollar is also all time low against the Singapore dollar, Malaysian ring it, the above said reasons might be the factors affecting the Dollar.

In order to stabilise the Dollar, the Government should either increase its employment rate or reduce the deficit, which is affecting the dollar.

Source: Wall Street Journal; www.wsj.com

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