Monthly Archives: April 2009

Swine Flu vaccine update: WHO raises alert level to 5

Posted on April 30, 2009 by MyOrbit-Team| 3 Comments

New swine flu cases continue to emerge, and its not clear who exactly is the patient zero in this case, and when it really started. For now, we will continue to go with the proposed name of a Mexican boy.

This is a new strain of the flu virus and currently there is no tested/proven Swine Flu vaccine, though Tamiflu, which was tested for Bird Flu, could be used to strengthen the immunity. Learn more here: Swine Flu Vaccine- Tamiflu

U.S. scientists hope to have a key ingredient for a swine flu vaccine ready in early May, though commercial production can only happen by September.

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Posted in Geo-Americas, Geo-APAC, Geo-Europe, Healthcare & Medicine, MyOrbit Blogs, Pharma

Tech Mahindra Acquisition of Satyam and Next Steps

Posted on April 16, 2009 by MyOrbit-Team| 1 Comment

Here’s an update on the Satyam corporate incident from Dec-Jan, on which we had shared our thoughts. Tech Mahindra has emerged as the winning bidder for the 51% equity stake sale in Satyam. Tech Mahindra is also an IT outsourcing services company, and this development is a relief for Satyam’s employees and customers worldwide.

Kiran Karnik, the interim chairman of the Indian government appointed board of Satyam, said that it is up to Tech Mahindra to decide the way forward for Satyam. And of course, it shouldn’t be any other way. Tech Mahindra now has a wide array of restructuring projects as it tries to merge/rationalize Satyam’s services into its overall IT services portfolio.

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Posted in BPO-KPO, Business Strategy, Capital Markets, Contracts & Legal, Geo-APAC, IT Services, Market News, Outsourcing, Project Management

EBay Plans IPO for Skype in 2010

Posted on April 14, 2009 by MyOrbit-Team| Leave a comment

Great News. Okay, so how much for 400+ million loyal Skype users worldwide? And for the the market leadership position in VOIP? Lots of value for sure. Will it be more than the $2bn they paid for Skype? That’s we can’t say yet. But we can say this: its probably a good time to buy EBay stock, because they will surely earn back a good amount on Skype.

Here are the details. Continue reading →

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Posted in Business Strategy, Innovation, Internet, Market News, Start-ups, Web 2.0