TCS increases CEO's monthly salary to Rs 15L/ IBM buys SoftLayer, creates new cloud division


TCS increases CEO monthly salary to Rs 15L
News Picture Tata Consultancy Services, India's largest software services exporter, said it has raised the chief executive N Chandrasekaran's maximum salary limit by 50% to Rs 15 lakh a month with effect from April 1, 2014, to "compensate for the additional ..more
IBM buys SoftLayer, creates new cloud division
News Picture International Business Machines (IBM) said on Tuesday it would acquire web hosting company SoftLayer Technologies and create a new division for clients interested in so-called cloud services, a move to better compete with larger rivals in the space.&..more
Zynga to cut 30 jobs in India
News Picture Online gaming company Zynga is laying off at least 30 of its over 400 employees in India as part of a global restructuring. Globally, Zynga , creator of the once wildly popular FarmVille and City-Ville games, is laying off 520 employees, about 18% of..more
eBay to open shoppable windows in New York
News Picture EBay Inc is launching virtual stores called "shoppable windows" this month that the e-commerce company hopes will help retailers generate more sales from their existing physical store networks.
The first four of these screens wil..more
Official says data show US cyber attacks on China
News Picture China's Internet security chief has told state media that Beijing has amassed large amounts of data about US-based hacking attacks against China but refrains from blaming the White House or thePentagon because it wo..more

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