Hours after World Bank made public that Wipro [Get Quote] has been debarred from doing any business with the global lender, the company’s chairman Azim Premji wrote to its over 100,000 employees saying that the company had not done anything unethical.

A number of news outlets reported yesterday that Apple had changed its longstanding stance that Macs don’t need anti-virus software. Given that one of Apple’s more prominent Get a Mac Ads touts the Mac’s immunity to viruses, the sudden change of heart seems newsworthy, except that Apple has been suggesting that users run anti-virus software [...]

- Hit by the global economic slowdown, Adobe Systems said Wednesday that it would cut 600 jobs and lowered its revenue expectations for the fourth quarter.

Microsoft will release on Monday the first of several of its hosted business-productivity services.
The company will launch Exchange Online and SharePoint Online at an event in San Francisco, according to an e-mail from its public relations firm. A spokeswoman from the agency confirmed that the services will be available Monday.

NEW YORK (Reuters) - Sun Microsystems Inc said on Friday it will cut 5,000 to 6,000 jobs, as the economic crisis compounds the company’s struggles with depressed demand for its high-end business computers.

LONDON: Britain’s BT Group has beaten second-quarter earnings forecasts and announced 10,000 job cuts and a possible boost to its pension scheme,
sending its shares up over 12 per cent just days after a profit warning.

Well, Motorola’s been in a lot of trouble, and were earlier reported to be in talks with Videocon for selling their handsets business. It appears that the company has sold its sofware development center in Cyberjaya to Satyam. The Kuala Lumpur based center has 128 employees, and will strengthen Satyam’s capabilities to cater to Network [...]

SAN FRANCISCO: Google Inc Chief Executive Eric Schmidt said Friday he would not serve as technology czar in Barack Obama’s administration if he was
asked.

SYDNEY, Australia - Yahoo Inc. shares dived nearly 13 percent after the chief executive of Microsoft Corp. said Friday the software giant is not interested in renewing its bid for the struggling Internet company.

- If an ancient writer was alive today, he might post something like this to his Twitter account: “Hell hath no fury like a software giant scorned.”