Saturday, October 17, 2009 LOS ANGLES: Google has reported its highest quarterly profit, suggesting that the Internet advertising market is bouncing back from the recession. Google reported net profit of $1.64bn (£1bn) between July and September, up 27% on the same period a year ago. "The worst of the recession is clearly behind us," said Google chief executive Eric Schmidt. US computer giant IBM also reported strong profits of $3.2bn for the period, up 14% on a year earlier. The company also delivered a more optimistic forecast for full year earnings. Management said they too were seeing some stabilisation in the overall economic environment.
Friday, August 14, 2009 MUMBAI: A 26-year-old woman died Thursday of H1N1 swine flu in the southern city of Bangalore, raising India's death toll from the virus to 20, authorities said.The death was the first reported in India's information technology capital, the Press Trust of India reported.Meanwhile in Pune, the worst-affected in India, two more victims of the virus died Thursday, raising the death toll in that western city near Mumbai to 12, the report said. The victims were an 11-month-old boy and a 75-year-old old woman.US media reported movie halls, schools and colleges were ordered closed Thursday for three days to a week in Mumbai, the commercial and financial capital of the country, as fear of the pandemic spread.Prajakata Lavangare, a spokeswoman for the government of Maharashtra state of which Mumbai is the capital, said similar orders were issued in Pune, which is also located in the state.The woman who died in Bangalore was identified only as Roopa, a teacher in...
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