Microsoft Prepares Cloud OS Updates

Cloud computing growing in the UAE gulfnews.com Dubai: As cloud computing gains traction in the Gulf, especially in the UAE, the key challenge for organisations in the region is optimise and fine-tune the infrastructure to best take advantage of the new technology. “It is an interesting market and a ... See all stories on this topic »

Global Government Cloud Computing Market 2012-2016 PR Newswire (press release) TechNavio's report, the Global Government Cloud Computing Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the ... See all stories on this topic »

The Perils of Cloud Computing E-Commerce Times We are still early in this cloud revolution, but there are reasons to tread carefully, whether you are an individual saving your personal data and files, or whether you are a company using the cloud to interact with all your employees or customers ... See all stories on this topic »

Cloud Computing Services in Russia Offer Huge Growth Potential, Finds Frost ... MENAFN.COM Jan 10, 2013 (Menafn - M2 PRESSWIRE via COMTEX) --Cloud computing has the potential to improve many aspects of business process. The availability of affordable IT infrastructure will have a positive impact on both small and large enterprises, while ... See all stories on this topic »

Live Blog: Tech Data TDCloud Partner Summit Talkin' Cloud At Tech Data (NASDAQ: TECD) TDCloud Partner Summit, nearly 100 VARs and managed services providers (MSPs) are set to discuss cloud services strategies, revenue models and marketing initiatives. TDCloud Director Bharath Natarajan just keynoted, ... See all stories on this topic » Talkin' Cloud

Microsoft Prepares Cloud OS Updates Talkin' Cloud Microsoft (NASDAQ: MSFT) will bang the drum for its Cloud OS initiative on January 15. The software giant plans to discuss new management products and services that "deliver against Microsoft's Cloud OS vision." When Windows Server 2012 launched in... See all stories on this topic »

OpenStack Brain Trust Gains $10M In New Funding InformationWeek Mirantis, a cloud consulting firm and one of the few OpenStack brain trusts outside of Rackspace, announced Thursday that it has received $10 million in funding from Intel, Dell and WestSummit Capital. The latter is a global investment firm with ties ... See all stories on this topic »

Talkin' Cloud

Cloud servers: Leading the pack in Linux VPS CloudTech Although Microsoft Windows still dominates the desktop operating system popularity, Linux has become a dominant force in cloud servers and virtual private servers (VPS). Linux is not only a cheaper way to host cloud applications, but it also comes in ... See all stories on this topic »

Consumer Electronics Recession

Walmart Defies 

Consumer Electronics are experiencing an uncharacteristic moment in the dog house as shoppers eschew hardware and entertainment devices, opting instead for mobile practicality. This trend is hitting retailers hard as the most popular products are easily obtained direct from manufacturers, service providers or less expensive online outlets. There is of course an exception — Walmart, it seems, is defying the CE recession.

We’re hearing a lot about new technology this week. With International CES underway in Las Vegas there’s plenty to marvel at, but precious little to drive shoppers into stores. CES is hot, but CE sales are not. Best Buy, GameStop, hhgregg, are all suffering from CE sales doldrums this holiday season.

But discounter Walmart is bucking the trend. According to this research note from Janney Capital Markets David Strasser:

We had a chance to learn more about WMTs CE business at CES, and we are impressed with what WMT is doing and where the company is going in this critical category. Our conversations with manufactures lead us to believe that WMT had a solid or a better holiday season in CE. We believe this holiday will show WMT is gaining share and traction in CE.

It makes sense as trends are decidedly in the discounter’s favor. Products are fully commoditized as HDTVs, Blu-ray players, sound bars and computers are well into their technology life cycles. Shoppers are making decisions based on price and Walmart has long been the low-price leader.

Future trends could also benefit Walmart as pre-paid smartphone sales heat up and contract based plans get a boost from lower-priced handsets. Even Apple is rumored to be developing a lower-priced iPhone. “The next phase of smart-phone adoption/penetration will likely come from the low end consumer which is WMT’s sweet spot – allowing them to grow the wireless business dramatically over the next few years,” wrote Strasser.

Target too, stands to benefit from these trends in the next couple of years. Today, Target announced it was extending holiday price matching through the year, promising to match competitors advertised prices on products found both in stores and online. Its move that could help establish price parity between big box retailers and Amazon.com.

But Walmart is even better positioned than Target to gain share in consumer electronics. It’s willingness to accept compressed margins across categories make it particularly adept at navigating the razor thin margins in CE whereas Target has been less reluctant to sacrifice margin for sales and share.

None of this bodes well for the specialists and Best Buy’s future remains grim, fraught with problems both of its own making and those of the industry at large. The CE industry is cyclical and eventually new technology will reach the market at compelling price points to keep retailers in business. But for now, Walmart looks to be sitting pretty.

Stranded Motorist Photos Are Metaphor for Hurricanes, Recession and Loneliness Wired If you're ever broken down on the side of an American highway and a woman with a light meter around her neck stops her car and approaches you, don't be afraid. She's not there to rob or hurt you. It's just Amy Stein, and all she wants to do is take ... See all stories on this topic »

France is in a mild recession, says central bank Telegraph.co.uk The latest estimate from the Bank of France differs from data from the national statistics office which suggests that France has just averted recession this year by showing marginal intermittent growth. Together the sets of data suggest that the ... See all stories on this topic » Telegraph.co.uk

Study: Degrees a hard-times buffer Boston Globe It was a defining image of the Great Recession: floundering college grads stuck back home, living in mom and dad's basement. But while rooted in some truth, that picture doesn't show fully how the prolonged downturn affected people in their early 20s, ... See all stories on this topic »

Europe's recession puts Italian women's workplace gains on ice Christian Science Monitor Later, she was hired as a teacher of Italian as a second language, but the recession hit, and her hours were cut back. When she had her second child, her position wasn't extended, again leaving her without maternity benefits. Now, in her early 30s, she ... See all stories on this topic »

Fewer Americans saw docs during 'Great Recession' NBCNews.com (blog) Americans made fewer trips to their doctors' offices during the Great Recession than they did earlier in the decade, according to new research. "These are not dramatic drops, but in our healthcare system we're used to our numbers going up... So just ... See all stories on this topic »

Orphanides Says ECB Should Cut Rates to Fight Worst Recession Bloomberg Former European Central Bank Governing Council member Athanasios Orphanides said ECB officials should cut interest rates today as the euro area battles the worst recession in its history. “The ECB should cut rates,” Orphanides said in a telephone ... See all stories on this topic »

Gaithersburg Business Property Vacancy Rates Lowest Since Recession Patch.com Gaithersburg's commercial real estate vacancy rates reached a post-recession low in Q4 2012, the city's Director of Economic Development Tom Lonergan said at Monday's mayor and City Council meeting. Of the 163 class A and B office spaces housed ... See all stories on this topic »

Walmart Defies Consumer Electronics Recession Forbes Consumer Electronics are experiencing an uncharacteristic moment in the dog house as shoppers eschew hardware and entertainment devices, opting instead for mobile practicality. This trend is hitting retailers hard as the most popular products are ... See all stories on this topic »

Graduating from recession? ChicagoNow (blog) The annual Harvard Crimson survey of seniors showed in 2011 that just under two-thirds of students planning to work after graduation had a job lined up -- up from 58% the year before, but still down from 73% in 2007, just as the economy started to dip. See all stories on this topic »

Young college grads fared better than peers in recession Today.com (blog) “Having a college degree really helped individuals weather the recession at much better rates … than for those with lesser credentials,” Diana Elliott, research manager with the Pew Economic Mobility Project, said in a conference call with journalists ... See all stories on this topic »

No Work No Salary ? Kingfisher Airlines Ltd faced Fresh Trouble

No Work No Salary ? 

Beleaguered Kingfisher Airlines on Wednesday faced fresh trouble with its employees deciding to move court seeking a formal closure of the company if it did not spell out future plans giving a time-line for clearing their salary dues of eight months.

The employees are also learnt to have moved the Directorate General of Civil Aviation (DGCA), informing the aviation regulator of their plans which also include seeking the intervention of the President and the Prime Minister, Airline sources said.

"We demand that the management should share the revival plan with us. We also want it to spell out a payment schedule for our salary dues. If we don't find their explanation satisfactory, we will file a winding up petition in the court under section 433 of the Companies Act," sources said.

The employees of Kingfisher Airlines also moved the DGCA over their salary dues for over eight months.

The decision was taken following a meeting of the Kingfisher Airlines Maintenance Engineers Association, which lasted for two hours in New Delhi. The staffers have also decided to write to the Kingfisher management asking them to sell assets of the Airline and clear salary dues running into several months, they said. There was no immediate response from the airlines management to the employees' decision.

Kingfisher, whose flying license (Scheduled Operator's Permit) expired on December 31, 2012, suffered another blow with the Mumbai International Airport Limited (MIAL) giving away six of 11 of flying slots, with sources saying most of them have gone to Indigo, official sources said.

Its bankers, which have been discussing recovery measures during the past few months, have also decided to take legal action against the airline company for its failure to repay over Rs 7,000 crore debt despite repeated reminders.

Kingfisher is burdened with a loss of Rs 8,000 crore and a debt burden of another over Rs 7,524 crore, a large part of that has not been serviced since January.

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Kingfisher employees may not gain from liquidation Moneycontrol.com HP Ranina, senior advocate, Supreme Court, says that the employees are eligible to file a petition for winding up of the company under the Act. However, the chances of employees getting their claim is limited as bank stands a first chance of getting ... See all stories on this topic »

Kingfisher employees may move court with winding-up petition NDTV Kingfisher Airlines employees today threatened the management to pay all their pending dues or they would go to court with a winding-up petition, sources told NDTV Profit. The employees also sought a status update on the renewal of the airline's ... See all stories on this topic »

Six Kingfisher slots in Mumbai intl airport given to Indigo Firstpost Kingfisher Airlines is fast losing its slots in the Mumbai International Airport (MIAL). In the near future, it is likely that the grounded airline will lose them all. In the latest instance, MIAL has given away to Indigo six of the 11 slots Kingfisher ... See all stories on this topic » Firstpost

HOT: Ex-Miss India Kanishtha Dhankar sizzles Kingfisher Calendar 2013 Daily Bhaskar Model Kanishtha Dhankar shot to fame after she was crowned as the Miss India in 2011. However, she couldn't win the Miss Wold contest, but made it to the list of Top 30. After staying away from the work for a little while, Kanishtha is back on the ... See all stories on this topic »

Kingfisher Air down 4% after losing slots at Mumbai Airport Moneycontrol.com Shares of Kingfisher Airlines slipped 4% to Rs 13.35 after the Mumbai Airport authorities gave away six out of 11 of its slots to Indigo. As per reports, it is learnt that Mumbai International Airport Ltd may give away remaining slots to other carriers ... See all stories on this topic » Moneycontrol.com

Mumbai International Airport gives away six Kingfisher slots to IndiGo Routes News The Airports Authority of India (AAI) has warned Kingfisher that it will start taking away space allotted to it across airports, if it fails to submit a concrete revival plan by mid-January. Kingfisher stopped flying on October 1 following a strike by ... See all stories on this topic » Routes News

Nevana Pejatovic - The 2013 Kingfisher Calendar Girl Parda Phash Bangalore: The model from Serbia, Nevena Pejatovic, has been picked as the 2013 Calendar Girl for Kingfisher. In the “Hunt for the Kingfisher Calendar Girl 2013”, she pipped 12 other gorgeous ladies to shine in limelight. The scantily clad model ... See all stories on this topic »

Kingfisher flies into more trouble The Hindu Kingfisher Airlines is heading for more trouble with its employees now planning to head to court, a move that comes after the management delayed in paying pending salaries, if a time-line is not given on clearing all dues. A section of engineers from ... See all stories on this topic »

Kingfisher employees move court seeking company's closure IBNLive Mumbai/New Delhi: Beleaguered Kingfisher Airlines on Wednesday faced fresh trouble with its employees deciding to move court seeking a formal closure of the company if it did not spell out future plans giving a time-line for clearing their salary dues ... See all stories on this topic »

Kingfisher Airlines' employees seek closure of cash-strapped carrier Economic Times NEW DELHI: Let down on several occasions by unfulfilled promises to clear several months of salary dues, the employees of Kingfisher Airlines in Delhi have sought closure of the cash-strapped carrier by initiating legal proceedings against the company... See all stories on this topic » Economic Times Kingfisher row: employees move court seeking company's closure Hindustan Times Beleaguered Kingfisher Airlines on Wednesday faced fresh trouble with its employees deciding to move court seeking a formal closure of the company if it did not spell out future plans giving a time-line for clearing their salary dues of eight months. See all stories on this topic » Kingfisher Airlines' employees to seek closure of company, want management to ... Economic Times NEW DELHI: In yet another blow to cash-strapped Vijay Mallya-led KingfisherAirlines, the company's employees will meet in the national capital on Wednesday to seek closure of the airline. According to ET Now, the employees are expected to write to the ... See all stories on this topic » Economic Times Shut down Kingfisher Airlines, demands desperate staff as it escalates ... Indian Express Mumbai/New Delhi: Beleaguered Kingfisher Airlines today faced fresh trouble with its employees deciding to move court seeking a formal closure of the company if Vijay Mallya did not spell out future plans giving a time-line for clearing their salary ... See all stories on this topic » Kingfisher employees to move court; seek revival plan details Newstrack India New Delhi, Jan 9 (IANS) Employees of cash-strapped Kingfisher Airlines Wednesday decided to move court, asking for disclosure of the passenger carrier's future plans of restating operations and payment of dues, falling which they will also demand for ... See all stories on this topic »

Missoni's Cessna 402 Jet went missing on Friday. Vittorio Missoni's Son Dismisses Plane Crash As 'Least Plausible' Scenario

The family of missing Fashion Executive Vittorio Missoni believes that a plane crash is the "least plausible" scenario in his disappearance.

Ottavio Missoni Jr., the 28-year-old son of the fashion mogul, told an Italian newspaper that the missing plane carrying his father, mother, two friends, and two crew members, crashed, the Guardian reported.

"My father will come back; we are waiting for him," he told the Corriere della Sera. "I am not speaking with my head but with my heart. A plane cannot vanish in this way, on a short route, without leaving any trace."

The family has no succession plan in place, New York Post reported.

Vittorio Missoni and his entourage were traveling on the Venezuelan coast Friday when their plane went missing.
Despite massive search efforts, authorities haven't found a trace of the missing plane or party.

A pilot who took off shortly after the missing Cessna 402 said the plane appeared to be absorbed into a large storm cloud.

But the son of another passenger received an eerie text message saying "Call now, we are reachable," that he believes was from his father.

The Missoni family suggested the plane's wealthy passengers could have been kidnapped by local drug dealers, but authorities said they aren't investigating the possibility.

Controversy Looms As Work Begins On Polish Film About SmolenskPlane Crash RadioFreeEurope/RadioLiberty Director Antoni Krauze told reporters in December that he hoped his film would present "new evidence that this tragedy was not just a plane crash." Conspiracy theories abound in Poland about the air disaster, which claimed the lives of dozens of the ... See all stories on this topic » RadioFreeEurope/RadioLiberty

Wind, loss of control factors in Yellowknife plane crash CBC.ca The Arctic Sunwest Twin Otter float plane crashed on a city street following an attempted landing at the Old Town float base, killing both pilots and injuring seven passengers. The report concludes airspeed fluctuations at touchdown, coupled with gusty ... See all stories on this topic » CBC.ca

Man identified in deadly plane crash - | News for Yuma, Imperial Valley, El ... KSWT-TV WOODY, CA. - An Imperial Valley man died in an airplane crash near Bakersfield over the weekend. The Kern County Sheriff's Office tells KSWT News 13 Jacob Curiel was one of two passengers on-board the plane. The plane went down about two miles ... See all stories on this topic »

Vittorio Missoni's Son Dismisses Plane Crash As 'Least Plausible' Scenario Business Insider The family of missing fashion executive Vittorio Missoni believes that a plane crash is the "least plausible" scenario in his disappearance. Ottavio Missoni Jr., the 28-year-old son of the fashion mogul, told an Italian newspaper that the missing plane ... See all stories on this topic »

Technical failure to blame for Vnukovo plane crash – sources Tne Moscow News The most likely cause of the Red Wings Tu-204 plane crash on December 29 in Vnukovo is a failure in the reverse system, Kommersant reported. A source in the technical commission involved in the crash investigation said it is the first version of the... See all stories on this topic » Tne Moscow News

Pilot error, bad weather caused fatal Yellowknife plane crash: safety board Edmonton Journal YELLOWKNIFE - The Transportation Safety Board has concluded that a fatal plane crash on a Yellowknife street was caused by pilot error and bad weather. Two people were killed and seven injured in September 2011 when a Twin Otter float plane tried to ... See all stories on this topic »

A trainee pilot and an instructor walked away unhurt from this crashed Tucano ... The Press, York A TRAINEE pilot and an instructor had a dramatic escape when their plane crash-landed at a North Yorkshire air base. The two-person Tucano trainer crashed on its approach to the runway at RAF Linton-on-Ouse. Its undercarriage failed to come down, but ... See all stories on this topic »

Clovis contractor Floyd Johnston dies Fresno Bee Mr. Johnston, 72, died Sunday when the plane he was flying crashed in the foothills of Kern County southeast of Porterville as he returned from a weekend of riding motorcycles in Imperial, a few miles north of the California-Mexico border. Also killed ... See all stories on this topic »

Lawsuit filed in Rivera plane crash deaths San Antonio Express Latina Magazine reports that the family of Jacob Yebale — Jenni Rivera's friend, makeup artist and person who posted a photo of the banda star right before the plane they were in crashed— has filed a multi-million dollar lawsuit against the company ... See all stories on this topic »

Tory Burch's Ex-Husband Disses Her Right After The End Of Their Bitter Lawsuit

Sears CEO Abruptly Steps Down, Citing 'Family Health Matters' — Eddie Lampert Will Take Over

HEIDI KLUM: Young Models Need To Be Careful — Photographers Often Try To Get You To Take Off Everything