In the latest oil rig explosion in the Gulf of Mexico, rig owner Mariner Energy Inc. seems to be in fault, but there is no oil spill reported. The oil rig explosion took place off the coast of Louisiana, and there was a fear that this too could be another BP oil spill.

Mariner Energy Inc. has taken full responsibility of the accident and has stated that it is at fault, and the workers at the rig were not actively drilling. It is also said there was a mile long oil sheen spotted from the explosion spot, but there is no oil spill.

Last month, the BP oil spill was sealed, and had created a hell like situation in the gulf of Mexico. There was a fear among the people, whether they were seeing another spill in the making, but its been reported that there is officially no oil spill.

Apple has done it again, and today it has unveiled the new iPod Touch and slashed down the price of the Apple TV box, which is used for watching TV from the web in high definition. The unveiling took place on Wednesday at the Yerba Buena Center of Arts in San Fransisco.

Apple brought down the price of the Apple TV box from $229 to on $99, plus the box is a second generation Apple TV device. The event was hosted by Apple Chief Steve Jobs. He also added that the viewers on the Apple TV can rent shows at 99 cents only.

The next big thing he came up with is the new iPod Touch, as there is a huge change in it. The new iPod enable the users now to access video calling and has two camera’s, one in the front and the other at the rear. It has now become a video chat device too. Then there was the all new iPod Nano too, which had a touch screen feature in it, priced at $149 and the iPod shuffle starting from $49. The new iPod is priced at $299 for 32GB and $399 for 64GB.

Reports have come up that American processor giant, Intel is on the verge of finalizing the deal with the German company Infineon Technologies, in order to take over the wireless sector of company. Infineon is also a wireless technology company in Germany, and Intel has presented it with a $1.91 billion deal for the take over.

As per the experts, Intel-Infineon deal was suppose to happen earlier in August, but it is in process now. If Intel and Infineon come together it will be boosting Intel’s scope in wire less technology sector, and may be Intel may step into the smartphone market in sometime.

The smartphone market is the only sector where Intel is not visible, this can be a strong scenario where the worlds largest chip maker will be stepping in this market. Infineon is one company which most companies are looking after, as it is already supplying chips to Apple for their gadgets. Infineon can boost the company’s presence and development in smartphone technology.

Toyota Motor Corp. has recalled 1.3 million Corolla cars from the US and Canada, as a part of a safety recall. Toyota made the recall on Thursday, and the recall include the Corolla and the Corolla Matrix models. The recall has been done due to some engine control module that has been improperly manufactured and fixed in the vehicle.

The massive recall includes the models from the year 2005-2008, and is due to three accidents reported due to the engine control problem. Though Toyota knew the issue but it had recalled some 200-300 cars only previously, but now it has called in some 1.3 million units.

Earlier in 2010, Toyota had recalled some 8.5 million vehicles due some technical snag in their cars. These recalls this year has hampered the reputation of one of the worlds biggest car manufacturer. Toyota will be replacing the engine control module part, and they will not be charging the customer any fee. If there are more questions about the recall then one can visit the following website – www.toyota.com/recall.

The Samsung Galaxy Tab will be a worthy contender to the Apple iPad, in context with its specifications and features. But what if they go head on, and they are compared straight forward, who can win out of these two. Well we can put then this way -

The size of the Samsung Galaxy Tab is smaller compared to the iPad, which has an advantage to be quite handy during travel. The Samsung comes with a 7 inch screen and the iPad comes with a 9.7 inch screen but there is a very small resolution difference between the two, so even though the Samsung is small it has good picture quality.

The iPad runs on a 1Ghz A4 processor and the Galaxy Tab too runs on a 1Ghz but on an ARM processor, so no difference here. Opearating system, the iPad has iOS 3.2.2 but will soon be upgraded to the iOS 4 which will come with a host of new features. On the other hand Samsung Galaxy Tab runs on the Android 2.2 OS which too has a many features already in it.

But there is one area where the Galaxy runs ahead of the iPad, it comes with front and rear camera’s which makes video chat possible, plus it is reported that it will have Adobe Flash for video streaming. So with all these goodies one can say even though the name of Samsung in the market of Tablets is not so strong, but for sure it will be making a mark with the Galaxy Tab, as for now it looks just a bit better than the iPad. Wow Samsung has done it again.

Suzuki Motors Indian Pvt. Ltd, have taken a new step to boost their presence in the Indian bike market, for they have launched a new 125cc bike called Slingshot. Its a new bike with new styling and Suzuki wishes that this bike can do something what its previous bikes could not.

Suzuki has brought this bike into the Indian bike market as a very special package. It is power packed and has good fuel efficiency, and one will not need to sacrifice all this on the looks. The new Slingshot comes in two models, one offers alloy wheels and the other spoke wheels.

The bike has a 124cc heart and pumps out 8.5 bhp, with a five speed gear box, plus Suzuki has also promised that this bike gives a decent overall mileage. The bike will come in four colours, Yellow, Orange, Red and Black, and is priced between Rs.45,000 to Rs 47,000. Overall the bike is predicted to give a good competition in the Indian 125cc bike market, but for now we can just keep our fingers crossed.

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HP has done it again and this time it outran dell in the bid of acquiring 3Par, a data storage company. Dell had kept forward $1.13 billion to acquire 3Par, but HP brought in a little more with a mind blowing $1.5 billion to acquire 3Par. Both the computer giants are in the intention of expanding their business from mere computer production.

If these companies are able to acquire 3Par then they will be able to provide their corporate customers with a software service that will be organizing data for them. 3Par provides its services from the web,with online subscription facility called ‘cloud computing’.

HP has agreed to pay $24 per share and 33% higher premium than Dell’s $18 per share. HP in todays date is the world largest computer manufacturer and dell is placed 2nd. HP is now eying to get in software market through the acquisition of 3Par.

In a sensational decision by the Andhra Pradesh High Court, Ramalinga Raju one of the main convicts in the mammoth financial scandal in Satyam, has been granted bail on unbelievable grounds. Along with Raju, who was the managing director of the company, four other accused also have been granted bail.

Ramalinga Raju, along with Vadlamani Srinivas who was the financial officer and three other too has been granted bail, by Justice Raja Elango of the Andhra Pradesh High Court on unbelievable grounds. These convicts had been surrounded in the multi crore financial scandal that had taken place in the IT company Satyam.

The Satyam financial scandal had been officially announced by the company in the month of February 2009.  During this period of speculation, the Chairman Mr. Ramalinga Raju had confessed in his own words that he had falsified the accounts of the Satyam Company.

In one of the greatest debates which are going on in the US regarding the jobs to Indians and Chinese, the US Chamber of Commerce has stated that India is for sure not taking away the jobs from the American citizens. Another claim by the US is that the Indian companies acquire most of the H-1B visas and thus are able to take away most the jobs from the American’s.

Now the US Chamber of Commerce, which is the worlds largest commerce chamber, as it contains more than three million members, stated that the claim stated on India that they are stealing away the jobs is clearly a hyperbole. And it said that this is not the truth against the Indian companies.

The fact is that the Indian companies do not in fact provide green cards to all of its employees. The figures of the H-1B visas are such that they literally disqualify the claims of the people. The shocking fact is that the Indian companies had issued only 4809 H-1B visas to its employees, that is almost 0.003% of the whole US civilian work force. And the worse part is that between the year 2006 to 2009 there is about 70% decline in the issue of H-1B visas to Indians.

India is going to have upgraded Samsung smartphones. Samsung Champ and Samsung Omnia Lite B7300 are making waves in the market for their great functions combined with low price.

Samsung Champ has already become the centre of attraction for its cost as it is the cheapest smartphone available in India and touchscreen facility that usually is not found at such low cost. Samsung Omnia Lite B7300 will be mid priced hanset.

At the launch of these handsets, Samsung divulged that these phones have been specially designed by keeping Indian market in mind, as the people here want best at a low cost. Samsung mobiles did the same, they are offering the best with Samsung Champ and Samsung Omnia Lite at a relatively low cost, as compared to its competitors in the mobile market.

Samsung Champ is priced at Rs. 4,100 for facilities like QVGA 2.4 touchscreen, 240×320 pixels display, 1.3 MP camera, 8GB expandable memory and muc more.

Whereas, Samsung Omnia Lite costs, Rs. 17,000 for TFT resistive touchscreen at 3 inches screen size and 240X400 pixels display, 250 internal memory and microSD expandable support of 32GB.
Microsoft Windows Mobile 6.1 professional Operating system will be pre-loaded on Samsung Omnia Lite and 800Mhz processor that will help faster processing on this handset.