IBM’s arrival in mailing services with lower rate may affect the market of Gmail and Internet Explorer.

IBM on Monday is likely to release its first Web-based e-mail offering, an enterprise-focused addition, called as ‘LotusLive iNotes’. The service will let users to pick their domain name and will debut at $3 per month, a price aimed directly at undercutting Google’s $50 per year and the $10 to $12 per month that Microsoft charges for its Webmail services. Though Microsoft offers one version of Webmail for $2 a month, IBM says that it would offer one gigabyte of storage, twice the amount of Webmail.

According to Google, although IBM is targeting business with the catchily titled LotusLive iNotes, it could well have a knock on effect for consumers. LotusLive iNotes will target to cash in on IBM’s reputation as a trusted outsourcer to show that it can do better. Sean Poulley, IBM’s Vice President of Online Collaboration Services said, “We run the world’s most mission critical systems for banks, telcos and utilities.” The service will cost $36 per user, which is around 25 percent less than Google enterprise offering.

Source:www.siliconindia.com

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They changed the lexicon for the word, search. Now the phrase “I’ll just Google it” has helped make the internet search giant become world’s first $100 billion brand beating other household names like Microsoft, and Coca Cola to McDonald’s.

The top 10 list is as follows:

Google

Rank 1

Company: Google

Value: $101.4 billion

Microsoft

Rank 2

Company: Microsoft

Value: $77.3 billion

Coca Cola

Rank 3

Company: Coca Cola

Value: $68.5 billion

IBM

Rank 4

Company: IBM

Value: $67.5 billion

McDonald’s

Rank 5

Cmpany: McDonald’s

Value: $67.3 billion

Apple Inc

Rank 6

Company: Apple Inc

Value: $63.9 billion

China Mobile

Rank 7

Company: China Mobile

Value: $62.2 billion

GE

Rank 8

Company: Energy major GE

Value: $59.9 billion

Vodafone

Rank 9

Company: Vodafone

Vaule: $50.2 billion

Marlboro

Rank 10

Company: Marlboro

Value: 50.1 billion

Courtesy: IANS

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International Business Machines (IBM) Corp. plans to lay off about 5,000 US employees, with many of the jobs being transferred to India, a media report said on Thursday.

The technology giant has been steadily building its work force in India and other locations while reducing the number of workers based in the US, The Wall Street Journal said citing people familiar with the situation.

Foreign workers accounted for 71 per cent of Big Blue’s nearly 400,000 employees at the start of the year, up from about 65 per cent in 2006.

Noting that outsourcing to India has long been a hot-button topic for IT employees in the US, the Journal said as US employers have shed millions of jobs in recent months, workers and politicians have stepped up their criticisms of the practice with little impact.

For IBM, shifting work to lower-cost countries has helped the company win overseas contracts and maintain healthy profits in its services business, which is its largest in terms of revenue and employment. IBM employed 74,000 people in India in 2007, the latest figures available.

IBM’s latest round of cuts show that even companies that have so far navigated the global recession profitably are continuing to slash costs, the financial daily said. In January, IBM reported $4.42 billion in quarterly profit.

Among other companies that are profitable, Microsoft Corp. announced plans for 5,000 layoffs earlier this year and Hewlett-Packard Co. is cutting some 25,000 people in the wake of its acquisition of Electronic Data Systems Corp., a rival of IBM’s services business.

Many of the IBM job eliminations are scheduled to take place in its global application-services group, which writes specialised software for businesses.

Some of these workers received a notice on Wednesday indicating that nearly 2,000 workers in that group were due to be told they would be “participating in IBM’s current resource reduction action”.

An IBM spokesman declined to comment, the paper said. The company has said it expects to spend about $300 million to $400 million on severance-related charges this year, with most of it in the first half.

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Sourced from: http://businesstoday.intoday.in

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IBM, India, jobcuts, jobs, US