As the countdown for the sale of Ford’s iconic brands Jaguar and Land Rover begins, the stage seems to be set for the Tatas to clinch another overseas acquisition in the automobile segment. According to the international media, speculation is rife that the Tata's will walk away with the prestigious brands. The UK-based Brinhmingam Post has reported that Tata will be named as the preferred bidder for Jaguar and Land Rover on Friday (Dec 21). It has further reported that the TATA group has had its £1 billion bid accepted by Ford, which is selling the luxury carmakers. Interestingly, the Canadian press has also reported that Ford Motors could name Tata Motors a "preferred bidder" by Friday. It's learnt that deliberations are on with the three potential buyers -- Tata Motors, Mahindra & Mahindra (M&M) and the American buyout group OneEquity. However, a final deal is not expected to be announced till early next year. Tatas reportedly have made a bid of $2.05 billion for the two brands, thwarting rival Mahindra & Mahindra’s bid of $1.9 billion. more...
Tatas to clinch another overseas acquisition
Most valuable pair of jeans(in Guinness World Record)
An original pair of Levi Strauss & Co (USA) 501 jeans aged over 115 years old were sold by Randy Knight (USA) to an anonymous collector (Japan) for $60,000 (£33,230) through internet auction site eBay on June 15, 2005.
In Pictures : Most Expensive Jeans
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iPhone will be 'primary target' for hackers in 2008
11 Dec 2007
Apple's iPhone will be a "primary target" for cybercriminals in 2008, a security company predicted today.
Arbor Network's Security and Engineering Response Team (ASERT) forecast that the iPhone will become "the victim of a serious attack" in 2008. According to the firm, these assaults are likely to be in the form of drive-by attacks – malware embedded into seemingly harmless information, images or other media that actually perform dangerous actions when rendered on the iPhone's web browser.
With the scrutiny the iPhone has received since its launch earlier this year over network lock-in, Arbor believes that hackers will be enticed by the possibility of attacking Apple users and the opportunity to "be the first" to hack a new platform. more...
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Microsoft accused on net browser
A complaint has been filed to the European Commission accusing Microsoft of stifling competition by tying its browser to Windows.
Opera Software said the close ties between Internet Explorer (IE) and Windows made it hard for rivals to be a serious choice for web users.
Opera also said Microsoft flouted web standards, making it much harder for browsers to be interoperable.
Microsoft said putting its browser in its operating system benefited users.
Unfair advantage
The EC confirmed that it had received the complaint from the Norwegian software firm and said it would be studied carefully.
The complaint said the bundling of IE with Windows gave the software giant an unfair advantage and made competition much more difficult. more...
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