Tuesday, December 28, 2010

Year 2010 was eventful for IT

China is No. 1 in the supercomputer sector. The government was fair to target the three sectors with huge demand in domestic market disallowing monopolies to form. Still it's difficult for Chinese firms to compete Microsoft's software services and intel for it's chips.

In mid of November, China’s Tianhe-1 topped the world’s supercomputer rankings. The machine features thousands of graphics chips and is capable of achieving a sustained performance of 2.5 petaflops, or 2,500 trillion calculations per second. It was the first time China surpassed the United States in the sector. US-based Oak Ridge Leadership Computing Facility’s Jaguar system ranked No. 2.

The supercomputer, which requires high-end chips and server computing technologies, is a serious measure of a nation’s advanced IT technology and research ability. A supercomputer works for both industry and public sectors.

Wednesday, December 1, 2010

Google in talks to buy Groupon

Google Inc. may be close to buying online discount service Groupon in a deal worth as much as $6 billion in what would be the search company's largest acquisition ever, according to published reports.

The talks were reported by the technology blog All Things D and by The New York Times, which cited unnamed sources with knowledge of the matter.

Google and Groupon had no comment Tuesday.

The size of the deal would put it well above Google's largest acquisition to date, its 2008 purchase of DoubleClick for $3.2 billon.

Groupon, a 2-year-old startup based in Chicago, offers daily local bargains ranging from yoga classes to discounts from national retailers such as Gap and Nordstrom Rack. Buying Groupon would give Google an increasingly popular outlet for local merchants that hope to lure in more prospective customers. That's a lucrative space that Facebook entered recently with its Deals service. Google and Facebook are increasingly competing for online eyeballs and the ad dollars that follow them.

Source url : http://gadgets.ndtv.com/shownews.aspx?id=GADEN20100161804&Sec=NEWS&pfrom=Top-Tech