2013-04-29

Yahoo! decides toclose its Chinese mail service

Yahoo!has decided its Chinese customers don't need their emailaccounts any more,and is closing the service in the country.

A statement from Yahoo!Mail tells users thatthey willhave four months,until 19August, to save their emails andswitch to another provider. Thecompany suggests moving to AliCloud -- if users do so,anymail sent to the old account address will still be received in the newAliCloud inbox up until the end of 2014.

AliCloud is provided byAlibaba,the giant web company that runsmany of China's largest ecommerce sites, including eBay-like Taobao(the tenth-most-viewed site in the world according to Alexa ) andthe payment platform Alipay, which had more than 700 million registered users as of September 2012(far surpassing the 128 million users ofPaypal ).

Yahoo!Mailhas been available in China for more than ten years, but Alibaba and Yahoo!struck astrategic partnership deal inOctober 2005 that saw the Chinese firm take responsibilityforrunning Yahoo!'s key Chinese web products. Yahoo! paid Alibaba $1billion (£656million), andin return gained a 40 percent share ofAlibabastock.

Despite having soldsome of that ,its remaining 24 percent of stock is ahighly-valuable asset -- Alibaba handled 1.1 trillion yuan of sales in 2012, more than eBayandAmazon combined. The companyis expected to undergo an IPO laterthis year, with an expected valuation somewhere between £36 billionto £78 billion.

Under new CEO MarissaMayer,Yahoo! has shedmany of itsservices in a bidto find amore content-focused business strategy .The company announced last week six more of these to be shuttered bythe end of April2013--Upcoming, Yahoo!Deals, Yahoo!SMS Alerts, Yahoo!Kids, Yahoo!Mailand Messenger feature phone apps andolder versions of its Yahoo! Mail app.

However,Yahoo!'s £20 million acquisition of Summly (and the hiring of itscreator, Nick D'Aloisio) last month shows the company isn'tsettling to just cut off redundant limbs, and is actively shiftingits focus.

The closure of Yahoo! Mailin China willleave Yahoo! with itshome web portalas its only presence in the most populous countryin the world. While Yahoo! Mail had reportedly had more than 200 million Chinese customers in 2009 ,its popularity has rapidly waned to the extent it is now only thesixth-most-populer emailservice in China serving only two percentof Chinese emailusers.

Domesticemailproviders,like Alibaba's AliCloud, are vastlymore popular,though millions of customers are still likely to beaffected by Yahoo!Mail's closure.

2013-04-16

HCL Tech third-quarter profit jumps 73 percent, beats estimates


BANGALORE (Reuters) - HCL Technologies Ltd, India's fourth-biggest software services provider, beat analysts' estimates with a 73 percent rise in quarterly profit after winning orders and reducing staff for the second quarter in a row.
Net profit rose to 10.4 billion rupees ($193 million) in its fiscal third-quarter ended March 31 from 6 billion rupees in the year-earlier period, said HCL Technologies, whose customers include Finnish mobile phone maker Nokia Oyj.
The result compared with the average forecast of 9.35 billion rupees in a survey of 16 analysts byThomson Reuters I/B/E/S. HCL follows a July-June fiscal year.
It was also much faster than a 3 percent rise in quarterly profit at larger rival Infosys Ltd, which has been losing market share to the likes of HCL and industry leader Tata Consultancy Services Ltd(TCS). Shares of Infosys plunged 21 percent on Friday after it issued lower-than-expected revenue guidance.
TCS is due to report March quarter results later on Wednesday.
During the quarter, HCL added 37 customers. The company reduced 791 staff, taking the total to 84,403 from 85,194 at the end of the December quarter, maintaining tight control of headcount after shedding jobs in the previous quarter as well.
The future of the IT industry lies in transforming traditional outsourcing into higher-value services that solve business problems with technology innovations, Vice Chairman Vineet Nayar said in a statement.
Exports in India's $108 billion IT outsourcing industry rose 10.2 percent in the fiscal year that ended in March, according to the National Association of Software and Services Companies (NASSCOM). The industry group expects export growth of 12 to 14 percent in the fiscal year that started this month.

Boston Marathon 2013: Explosions at finish line kill three, injure more than 130, police report


Explosion near the finish line of the Boston Marathon


Two bombs exploded in the packed streets near the finish line of the Boston Marathon today, killing three people and injuring more than 130 in a terrifying scene of shattered glass, bloodstained pavement and severed limbs, authorities said.
A senior U.S. intelligence official said two other bombs were found near the end of the 26.2-mile course.
President Barack Obama vowed that those responsible will “feel the full weight of justice.”
A White House official speaking on condition of anonymity because the investigation was still unfolding said the attack was being treated as an act of terrorism.
Authorities shed no light on a motive or who may have carried out the attack, and police said they had no suspects in custody. Authorities in Washington, D.C., said there was no immediate claim of responsibility.
“They just started bringing people in with no limbs,” said runner Tim Davey, of Richmond, Va. He said he and his wife, Lisa, tried to keep their children’s eyes shielded from the gruesome scene inside a medical tent that had been set up to care for fatigued runners, but “they saw a lot.”
“They just kept filling up with more and more casualties,” Lisa Davey said. “Most everybody was conscious. They were very dazed.”
The fiery twin blasts took place almost simultaneously and about 100 yards apart, knocking spectators and at least one runner off their feet, shattering windows and sending dense plumes of smoke rising over the street and through the fluttering national flags lining the course.
When the second bomb went off, the spectators’ cheers turned to screams. As sirens blared, emergency workers and National Guardsmen assigned to the race for crowd control began climbing over and tearing down temporary fences to get to the blast site.
A pool of blood formed, and huge shards were missing from window panes as high as three stories.
Boston police said two people were killed. Hospitals reported at least 105 injured, at least 15 of them critically.
Some 23,000 runners took part in the race, one of the world’s oldest and most prestigious marathons. One of Boston’s biggest annual events, the race winds up near Copley Square, not far from the landmark Prudential Center and the Boston Public Library. It is held on Patriots Day, which commemorates the first battles of the American Revolution, at Concord and Lexington in 1775.
Boston Police Commissioner Edward Davis asked people to stay indoors or go back to their hotel rooms and avoid crowds as bomb squads methodically checked parcels and bags left along the race route. He said investigators didn’t know precisely where the bombs were planted or whether they were hidden in mailboxes or trash cans.
He said authorities had received “no specific intelligence that anything was going to happen” at the race.
The Federal Aviation Administration barred low-flying aircraft from within 3.5 miles of the site.
Obama was briefed on the explosions by Homeland Security adviser Lisa Monaco. Obama also told Mayor Tom Menino and Gov. Deval Patrick that his administration would provide whatever support was needed, the White House said.
“We still don’t know who did this or why,” Obama said, adding, “Make no mistake: We will get to the bottom of this.”
A few miles away from the finish line and around the same time, a fire broke out at the John F. Kennedy Library. The police commissioner said it may have been caused by an incendiary device but didn’t appear to be related to the bombings.
The first loud explosion occurred on the north side of Boylston Street, just before the photo bridge that marks the finish line. The second explosion could be heard a few seconds later.
They occurred about four hours into the race and two hours after the men’s winner crossed the line. By that point, more than 17,000 of the runners had finished the race, but thousands of others were farther back along the course.
The four-hour mark is typically a highly crowded time near the finish line — both because of the slow-but-steady recreational runners likely to be completing the race and because of all the relatives and friends clustered around to cheer them on.
Runners in the medical tent for treatment of dehydration or other race-related ills were pushed out to make room for victims of the bombing.
A senior U.S. intelligence official said the two other explosive devices found nearby were being dismantled. The official spoke on condition of anonymity because he was not authorized to discuss the findings publicly.
A woman who was a few feet from the second bomb, Brighid Wall, 35, of Duxbury, said that when it exploded, runners and spectators froze, unsure of what to do. Her husband threw their children to the ground, lay on top of them and another man lay on top of them and said, “Don’t get up, don’t get up.”
After a minute or so without another explosion, Wall said, she and her family headed to a Starbucks and out the back door through an alley. Around them, the windows off the bars and restaurants were blown out.
She said she saw six to eight people bleeding profusely, including one man who was kneeling, dazed, with blood coming down his head. Another person was on the ground covered in blood and not moving.
“My ears are zinging. Their ears are zinging,” Wall said. “It was so forceful. It knocked us to the ground.”
Competitors and race volunteers were crying as they fled the chaos. Authorities went onto the course to carry away the injured while race stragglers were rerouted away from the smoking site.
Roupen Bastajian, a 35-year-old state trooper from Smithfield, R.I., had just finished the race when they put the heat blanket wrap on him and he heard the blasts.
“I started running toward the blast. And there were people all over the floor,” he said. “We started grabbing tourniquets and started tying legs. A lot of people amputated. ... At least 25 to 30 people have at least one leg missing, or an ankle missing, or two legs missing.”
At Massachusetts General Hospital, said Alisdair Conn, chief of emergency services, said: “This is something I’ve never seen in my 25 years here ... this amount of carnage in the civilian population. This is what we expect from war.”
The Boston Marathon honored the victims of the Newtown, Conn., shooting with a special mile marker in Monday’s race.
Boston Athletic Association president Joanne Flaminio previously said there was “special significance” to the fact that the race is 26.2 miles long and 26 people died at Sandy Hook Elementary school.

2013-04-05

Facebook built "Home" app to take over the smartphone from Gooogle


By Gerry Shih
MENLO PARK, California (Reuters) - Facebook Inc on Thursday unveiled its most ambitious attempt yet to enter mobile computing without a phone of its own, introducing a new app that replaces the home screen on some Android smartphones.
Called "Home," the new software lets users comprehensively modify Android, the popular mobile operating system developed by Google, to prominently display their Facebook newsfeed and messages on the home screens of a wide range of devices - while hiding other apps.
"Why do we need to go into those apps in the first place to see what's going on with those we care about?" Facebook Chief Executive Mark Zuckerberg told the hundreds of reporters and industry executives gathered at the company's Menlo Park campus.
"We want to bring all this content to the front."
The "Home" software will be available for download for free fromGoogle Play starting April 12. In addition, AT&T Inc has exclusive rights to sell for $100 the first handsets, made by Taiwan's HTC Corp, that come pre-installed with the software starting the same day. France Telecom's Orange will be offering the phone in Europe.
Shares in Facebook finished trading up 82 cents, or 3.1 percent, at $27.07; Google stock closed at $795.07, down $11.13 or 1.38 percent.
Analysts say should the new software take off, it may begin to draw users away from Google services. Offering Facebook messaging, social networking and photos on the very first screen that Android users see could divert attention from the panoply of services, such as search and email, which generate advertising revue for Google.
Instead of traditional wallpaper or a "lock screen," users with Home installed will see a new Facebook "cover feed" that displays a rolling ticker-tape of photos, status updates - and eventually, ads - from Facebook's network.
Facebook's executives, acknowledging that messaging and communications remain the most fundamental use for smartphones, also showed off a new "chat heads" messaging interface, which would combine SMS text messages and Facebook chat messages under one tool.
"On one level, this is just next mobile version of Facebook," Zuckerberg said. "At a deeper level, this can start to be a change in the relationship with how we use these computing devices."
People who used the software and the HTC phone on Thursday appeared impressed by the highly visual design and interface that featured a multitude of pictures. But analysts say the jury is still out on whether Home has appeal beyond habitual Facebook users.
Some were skeptical consumers would leap at the chance to make Facebook so central to their lives.
"Facebook thinks it's more important to people than it actually is," said Charles Golvin, an analyst at Forrester Research.
Golvin said that in markets like Spain and Brazil, mobile users spend far more time in messaging apps like Whatsapp compared to the Facebook app.
"For the vast majority of people, Facebook just isn't the be-all and end-all of their mobile experience. It's just one part," he said. "I see a more apathetic response among Facebook users than Facebook might be expecting."
COMPETITION WITH GOOGLE
Facebook's wide-reaching mobile strategy could heighten its competition with Google, the dominant Internet search engine and the developer of Android with whom it is locked in a battle for Internet users' time online and for advertising dollars. But if it proves to be popular among Android users, Home could also place the two companies in something of an uneasy partnership.
More than 750 million mobile devices featuring Android have been activated to date, according to Google, more than gadgets based on Apple Inc's iOS, the runner-up.
Zuckerberg downplayed the rivalry even as he praised Google's willingness to let other companies tinker with Android. He said he was confident Google would not make changes to Android that would hamstring Facebook.
"If 20 percent of time people are spending on their phones is in Home, I really think they're going to have a hard time making a rational decision" to limit Home's functionality, Zuckerberg told reporters.
Google issued a neutral statement, saying the new phone demonstrated Android's openness.
"The Android platform has spurred the development of hundreds of different types of devices," the company said. "This latest device demonstrates the openness and flexibility that has made Android so popular."
Not everyone is sure that Google will remain neutral.
"Google has made Android open, but as they release the next version, are they going to be as open?" said Simon Mansell, the chief executive of TBG Digital, an advertising technology provider. "Facebook is hiding all the Google stuff with their own stuff, and how Google will respond is interesting."
For Facebook - founded in Zuckerberg's dorm room in 2004 as a website - bolstering its mobile presence is critical. Nearly 70 percent of Facebook members used mobile devices such as smartphones and tablets to access its service at the end of 2012, and 157 million of Facebook's roughly 1 billion users accessed the service solely on a mobile device.
The company has stepped up efforts to ensure that its revenue-generating ads can be viewed on mobile devices and Zuckerberg has said that the company's engineers are now focused on creating "mobile-first experiences."
Zuckerberg said features like cover feed will be ad-free initially, but he envisioned advertising as another form of content that will eventually be integrated. Analysts say the company treads cautiously when introducing ads into any of its services, wary of infuriating users.
"This is about becoming more deeply embedded in the operating system on mobile devices, and creating a broader platform," said Jan Dawson, chief telecoms analyst for the research firm Ovum. "It will allow Facebook to track more of a user's behavior on devices, and present more opportunities to serve up advertising."
But "that presents the biggest obstacle to success for this experiment: Facebook's objectives and users' are once again in conflict. Users don't want more advertising or tracking, and Facebook wants to do more of both."
Reports that Facebook was developing its self-branded smartphone have appeared sporadically and Zuckerberg has shot them down, as he did again on Thursday.
But with specialized software that adds a layer on top of Android, Facebook may get many of the benefits of having its own phone without the costs and risks of actually building a hardware device, analysts said.
"It's much lower risk than developing a phone or an operating system of its own, and if it turns out not to be successful, there will be little risk or loss to Facebook," Dawson said. "If it does turn out to be successful, Facebook can build on the model further and increase the value provided in the application over time."