Ajay Banga is the new COO of MasterCard
MasterCard has announced the appointment of Ajay Banga as their new president and chief operating officer.
Banga was previously the chief executive officer of Citigroup Inc.’s Asia Pacific unit.
He would now join MasterCard on August 31.
He would be directly reporting to Robert Selander who is leaving the [...]

Lenovo said to be cutting jobs in domestic market
Chinese personal computer maker Lenovo has set to begun cutting jobs in their domestic operations.
Market sources say that the company is laying off 200 staff in its Beijing-based headquarters.
This was reported in a news item by China Tech News.
Reports further say that the company [...]

Open Source becoming popular in corporate
Gartner researchers have found that Eighty-five percent of companies are already using open-source software in some form or the other.
The report added that most of the remaining entities are also planning to start using open source applications in the coming months.
The surprising part of the research was that just around [...]

Dell expanding in Asia Pacific market
Dell Inc. has revealed that they are growing in the Asia Pacific market at a rapid face.
The company added that the outlook for laptop computers continues to be bright in this region.
Dell CEO Michael Dell had this to say: “Dell experienced 41 percent unit growth in Asia Pacific [...]