Category: Business
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News Headings

Buffett has eyes on British insurance
Dubai World opens talks with small creditors
Land port loads to double by 2013
Bextex to buy 50pc of power company
Investments grow 127 pc in July
BB tightens withdrawal rules
Denmark-based services giant ISS considering IPO
Some non-banks cry over BB rule
Hong Kong tycoon buys prime land for top dollar
India's Tata Motors swings to quarterly profit
Bank of Japan keeps interest rate steady at 0.1pc
Siemens wins billion-dollar NAmerica wind power orders
BMW sales rose 9.1pc in July
US Chrysler reports quarterly net loss of $172m
EU's 440b euro safety fund up and running
India okays 0.5m tonnes grain export to Bangladesh
Govt disburses Tk 100cr for sugar production
Toyota to post Q1 operating profit Y100 billion: Nikkei
New monetary policy---------BB Governor
GDF working on $9.8b bid for Int'l Power
Electro Mart launches sales campaign
Malaysia to issue first Islamic bonds in eight years
Agents push up costs of migration
Wal-Mart steps up India rollout
The fear factor: Energy crisis
BB launches e-tendering system today
BB to hike bank reserve ratio
Committee to define SME
Volcano ash: EU ministers review air traffic control
Spain unemployment rate hits 20%
US economy grows by 3.2% in first quarter
General Election result 'will impact on personal finances'
Volcano ash: EU ministers review air traffic control
Qatar Airways celebrates 10th anniversary of its Privilege Club
India restricting Chinese telecom purchases
Bharti Airtel reports dip in profit
Shell reports $5.48b profit in Q1
IMF mulls giving extra 10b euros to Greece
Honda Motor sees annual profits surge
Auto battery market heats up
Profit taking sends Asian shares lower
India raises interest rates to curb inflation rupees
Corporate demand for technology fuels IBM profit
Citigroup returns to black with $4.4bn profit
Remitting by mobile comes on stream
China Southern swings back to profit in 2009
Telecom Italia chief rules out merger with Telefonica
Lengthy process sets back power projects
Muhith sees far-reaching impacts of energy crisis
Microsoft debuts 'social' phone
Sinopec invests $4.65bn in Canadian oil project
Prepaid tickets for bus travellers
Benapole port to be automated
Import of used cars from Japan declines by 50pc
Eurozone unemployment rate rises to 10%
Revenue target aims high
China's gold consumption to double
Dubai World to get state bail-out
Support for small units to make world-class leather products
Google stops censoring search results in China
Greek economy 'to worsen' in 2010 says central bank
SME loan target set for 2010
Crude oil prices dive in volatile trade
British PM blasts BA strike, airline vows to keep flying
Lehman administrator files plan to end record bankruptcy
holdings amid tensions
Euro falls amid risk aversion
holdings amid tensions
Stocks sputter as confidence at low ebb
Innovative TV ads in spotlight
Travel tax collections dip
India invests $10b in IMF notes
Weekly Currency Roundup
Cement makers up for expansion
Mexican Carlos Slim now the world's richest
JCI gets new national president
Banglalink issues more bonds on high demand
Duty free export on 18 farm products
Bangladesh hit by sharp fall in exports
High hopes and big risks in tech earnings
Aftershock: One year on from the collapse of Lehman Brothers
Bank execs vow to work with Obama on recovery plan
Remittances Fall In Bangladesh From U.S., EU in February
Jobless rate bolts to 8.1 percent, 651000 jobs lost
Obama to sign stimulus bill today in Denver
How Banks Are Worsening the Foreclosure Crisis
How the economic stimulus plan could affect you
Obama to sign $787 billion stimulus bill Tuesday
Russia's super-rich are super-losers, too
Canada grants work permit to Chinese fugitive
Bangladesh Taka Appreciates Marginally Against U.S. Dollar
Bangladesh exports down 10 pct as clothes exports fall
Panasonic cutting jobs as it slips into red
Britain launches new bank bailout to boost lending
Report: New York to lead US cities in job losses
Man cuts off finger in court over debt
Will Google and Microsoft Own the Web? (PC World)
Obama wants $500 tax cut for most workers
New breed of elite prostitutes cater to India`s rich
Policy dilemma holds back e-commerce takeoff
Esquire to set up Tk180cr chemical plant
Stocks end lower for second day
business report
Telecoms sector must be further liberalised: Azizul
Jan 15, 2009
Source: Yahoo.com
Will Google and Microsoft Own the Web? (PC World)
It's something of an open secret that Mozilla, the organization behind the open source Firefox Web browser, gets most of its funding from Google -- 91 percent, to be exact. The deal gives Google top placement in Firefox's search engine bar. But now that Google is also shipping Chrome, its own branded browser, some critics are asking whether the search engine giant's deep pockets have allowed it to gain too much influence over the Web browser market.

This week, Mozilla CEO John Lilly admitted that his organization's relationship with Google is "more complicated than it used to be" in light of the current funding arrangement. But Sun Microsystems CEO Jonathan Schwartz goes even further, claiming that because the market is controlled by just a few giant companies -- namely Google and Microsoft -- the Web browser has become "hostile territory" for application developers. Could the days of an open Web be coming to an end?

The technologies used to build Web pages -- including HTML, JavaScript, and Cascading Style Sheets (CSS) -- are all open standards, maintained by industry consortia. No one company owns them. But experimental features often appear in new browser releases first, then are integrated into the official standards later. One example is Google's Gears technology, which is built into Chrome and is available as a plug-in for Firefox and Internet Explorer. Gears is widely expected to influence the upcoming HTML 5 standard.

That's all well and good, except that arguably only Microsoft can compete with Google's share of the browser market. For example, Opera is a longstanding alternative browser that is often praised for its compliance with Web standards, but its market share is but a fraction of that of Firefox or IE. Because of Opera's narrower reach, a new feature introduced in Opera might be seen as less significant, and therefore be less likely to become part of the public standards.

Sun's Schwartz has good reason to fear a market where large companies wield an undue influence over widely-used technologies. A few years ago, Sun fought a protracted legal battle with Microsoft over the Redmond-based giant's nonstandard implementation of Sun's Java programming language. Sun argued -- successfully -- that Microsoft's actions amounted to an attempted hostile takeover of Java.

Rather than see the same scenario play out on the Web, Schwartz argues that developers should avoid the "hostile territory" altogether. Instead of the browser, he says, developers should build applications using Sun's new JavaFX technology. But this seems somewhat disingenuous, considering that JavaFX is so far almost entirely the brainchild of Sun, and is therefore less open than any browser.

But there are other reasons to be concerned about Google's stake in Firefox and Chrome, too. Some privacy advocates worry that Google's influence over the browser market gives it access to too much user data, which the company collects for the purposes of its massively lucrative online advertising business.

What do you think? Does the overwhelming influence of Google and Microsoft on the browser market mean the Web is destined to become just another proprietary platform? Or will the influence of open source and open standards bodies ensure that the Web remains a free, public resource? Sound off in the PC World community forums.

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