1. SUBMITTED BY :
PUSHP SAMBYAL
MBA-2B
BUISNESS NEWS
25TH OCT – 31TH OCT 2010

2. Microsoft Q1 net income rises
51%
 Microsoft Corp. said that its net income in the latest
quarter rose 51 percent, boosted by higher sales of
Windows and Office software to businesses.
In last year's quarter, Microsoft deferred some
revenue from Windows sales. Had it not done so, net
income would have been only 16 percent higher this
year in comparison.
For the fiscal first quarter, which ended in September,
net income rose to $5.4 billion, or 62 cents per share,
from $3.6 million, or 40 cents per share, in the same
period last year.
Revenue increased 25 percent to $16.2 billion, from
$12.9 billion a year ago.

3. Microsoft to acquire 3-D chipmaker, price
unknown
 Canesta Inc.which makes 3-D imaging chips , has agreed to
be bought by Microsoft Corp. for an undisclosed amount.
 Microsoft is set to start selling Kinect, an add-on for Xbox
360 that can interpret players' body movements, using them
to control what happens in the game.
 Kinect will allow people to play video games without having
to mash buttons on a plastic controller.
 Redmond, Washington-based Microsoft worked with another
3-D sensor company, PrimeSense, in building Kinect. It had
also acquired 3DV, a PrimeSense competitor, but did not end
up using its technology.

4. Tata Indicom launches Blackberry Bold 9650
for CDMA users
 Indicom , the CDMA arm of telecom service provider
Tata Teleservices, Friday launched Blackberry Bold
9650, the first combined CDMA-GSM smartphone.
 The smartphone offers global roaming, an optical
trackpad and enhanced wi-fi and GPS capabilities.
 Customers purchasing the handset in October will be
given a special data usage offer. For the first two
months they will receive a free data pack worth Rs.900
per month, as well as 500 MB of tethered modem data
usage per month.

5. BlackBerry to provide 'final solution' by
Jan-end
 NEW DELHI: The Centre on Friday said that BlackBerry
messenger (BBM) services will continue to be available to
customers in India after handset maker Research In Motion
(RIM) assured the government that it would provide “final
solution” to legal interception to this service by January 31.
The government, however, remained silent on whether RIM
would provide complete access to its enterprise email
services offered to corporates by January-end.
“RIM has set up an interim arrangement for lawful
interception of BBM services and also assured the
government that they will provide the final solution for the
lawful interception of BBM services by January 31, 2011,”
the home ministry said in a statement.

6. THANKS…