Tech Terrain

Traditionally known as F*ckFBIFriday, this weekend's eve turned into F*ckCIAFriday, as hacktivists downed the official website for the Central Intelligence Agency of the United States cia.gov. At approximately 3:10 p.m. Eastern time one of twitter accounts related to the hackers' group announced "cia.gov DOWN. #UMAD?#Anonymous."   The CIA website became the latest victim in a series of attacks conducted by the elusive group of hackers against US law enforcement agencies and copyright holders.

Flipkart, India's biggest online retailer of books and electronics gadgets, has acquired smaller rival Letsbuy, seeking to consolidate its position ahead of Amazon.com Inc's planned entry into the Indian market. Flipkart did not disclose the value of the deal, but a person with direct knowledge of the matter said it was "somewhere in the range" of $20 million to $25 million.

Facebook founder and CEO Mark Zuckerberg will get millions of dollars in salary, bonuses and stock options, but cannot work on creating a rival to the social networking giant. This has been disclosed in Facebook's amended registration document for its upcoming IPO, filed with the US market regulator Securities and Exchange Commission (SEC) . According to Zuckerberg’s employment agreement with Facebook, his job can be terminated “at any time for any reason or no reason”, either by him or by the company. Besides, the company's employment agreement does not allow Zuckerberg to “assist any person or entity in competing with the company, in preparing to compete with the company or in hiring any employees or consultants of the company”. Similar clauses apply to Chief Operating Officer Sheryl Sandberg, Chief Financial Officer David Ebersman and Vice-President (Engineering) Mike Schroepfer for the period they render their services to Facebook. The agreements are silent on w...

Coming down heavily on the India based unit of the American Internet giant ' Google Inc ', the Directorate of Enforcement (ED) has served notice to Google India Private Limited for illegal mode of money transfer from the country. Taking serious note of the issue, the ED initiated probe into the matter and found that Google India has swindled Rs 12 crores in the last six years. As informed by one of the senior ED official, Google India has been transferring the income generated in India to its Ireland office without keeping Reserve Bank of India (RBI) in the loop. Recently, Google India hogged the limelight when Delhi High Court sought removal of objectionable content from the search engine. As a matter of fact, the Google India generates crores through advertisements which it directly transfers to its associate body in foreign countries without paying the tax to the RBI. Interestingly, to transfer the revenue, Google India has established two other companies in the countr...

Rochester (New York): Eastman Kodak Co said Thursday that it will stop making digital cameras, pocket video cameras and digital picture frames, marking the end of an era for the company that brought photography to the masses more than a century ago. Since  Kodak  has filed for bankrupt  protection as of last month, the company has decided to stop producing some of its products for 2012.

Source:   http://www.bbc.co.uk/news/technology-16907104 A 3D printer-created lower jaw has been fitted to an 83-year-old woman's face in what doctors say is the first operation of its kind. The transplant was carried out in June in the Netherlands, but is only now being publicised. The implant was made out

Nikon, one of the world’s well know company for its digital imaging products, has unveiled another new flgship Digital-SLR, called the Nikon D4. The new digital SLR is specially designed for professional multimedia photographers, who look for speed and accuracy with unparalleled image quality, low-light capability and Full HD video.