Displaying posts written by

Arvind Nair

who has written 56 posts for ABH News.

Feb
22
2010

Chinese hackers in Google attack?

U.S. investigators have zeroed in on an Asian group, probably Chinese, who hacked into Google and 33 other US companies in December.
Google first reported of the “highly sophisticated and targeted attack” in January saying the incidents took place in December.
No sooner the investigators revealed the electronic infiltration techniques of a prominent Asian hacking group [...]

Feb
22
2010

Credit card reforms come into force

A new credit card regulation aimed at protecting consumers from “unfair” and “deceptive” practices used by issuing companies came into effect Monday.
President Barack Obama’s Credit Card Accountability, Responsibility and Disclosure Act (CARD Act) will have more effect on youngsters than other age groups.
The Act protects gullible youths by controlling the marketing of unsolicited credit card [...]

Feb
22
2010

Endeavour returns safely

“Houston, it’s great to be home. It was a great adventure”, space shuttle Endeavour commander George Zamka radioed after completing a rare night time landing at Kennedy Space Center in Florida today.
Endeavour’s STS-130 mission, which made a 13-day successful trip to the International Space Station, was carrying six astronauts. It landed at Cape Canaveral at [...]

Feb
19
2010

Kindle comes free with BlackBerry

Amazon has unveiled Kindle for BlackBerry, a free e-book application that lets users read over digital 420,000 books bought from the online retailer, including over 100 New York Times bestsellers, on various BlackBerry devices.
It also lets the user to synchronize bookmarks with the Kindle electronic reader and other supported devices.
The Research In Motion’s BlackBerry [...]

Feb
19
2010

Dell profits drop but revenue rises

Computer giant Dell has reported a handsome increase in revenue in the fourth quarter but at the same time it could not make it reflect on the bottom line and reported a 5% drop in profits.
The Texas-based company’s net income dropped to $334 million, or 17 cents per share, on revenue of $14.9 billion for [...]

Feb
19
2010

AT&T too going the Android way

AT&T and Motorola are to launch a new Android-based smartphone on March 7, the telecom major announced.
With this, all four major U.S. wireless carriers will be offering Android-based phones. The Motorola Backflip will become the first Android-powered smartphone to run on AT&T’s 3G network.
The Motorola Backflip will feature a 3.1 inch high-resolution screen, 5 megapixel [...]

Feb
18
2010

Pension fund is $1 trillion short

U.S. states have a huge problem on hand. They face a shortfall of at least $1 trillion ($1000 billion) in their funds for employees’ pensions and retirement benefits.
According to a research released Thursday by Pew Center on the States, the states’ financial problems are quickly mounting too.
The gap in the funding for the promised retirement [...]

Feb
18
2010

Toyota may recall Corolla

This is a crisis embattled automaker Toyota can clearly do without. In what seems to be its never-ending problems, the US government has decided to investigate the power steering of the world’s top-selling Corona cars.
There have been complaints from drivers about steering problems with the 2009-10 Toyota Corolla cars.
The Japanese auto giant said it would [...]

Feb
18
2010

Economy continues to grow

In what could indicate that the economy is firmly on its way to recovery, economic growth in the US continued in January as manufacturing and housing activity looked up.
As a dampener, however, Fed officials at a meeting last month projected that high unemployment will persist.
To add to the worry, some Fed officials suggested that the [...]

Feb
18
2010

Drug firm Medicines Co. loss rises

Drugs maker The Medicines Co.’s loss in the fourth quarter and the whole year increased despite higher revenues.
The company attributed this increased loss to a number of one-time costs, including a tax reserve charge and acquisition expenses.
The company lost $73.5 million, or $1.40 per share, during the quarter. That compares with a loss of $4.2 [...]