Monday, 6 June 2011

Aftershocks hit New Zealand.

An aftershock has rocked earthquake ravaged city of Christchuch, New Zealand. No serious damage or injuries have been reported.

The Geological Survey U.S  says the 5.5-magnitude quake struck Monday 14 miles west of Christchurch at a depth of just under 2 mile.

Christchurch has been rocked by scores of aftershocks since a devastating earthquake struck the city in February, killing 181 people. The February quake was New Zealand's most expensive natural disaster, costing an estimated $15 billion.

Monday's quake knocked items off store shelves, but officials say there have been no reports of serious damage or injuries.

Newstalk ZB's Amanda South says it was the biggest aftershock she's experienced since February 22nd.

Wednesday, 1 June 2011

Google's Unsuccesssful Attempt to team with Facebook.

Google Executive Chairman Eric Schmidt confessed at a conference on Tuesday that it tried unsuccessfully to team up with social networking site Facebook in order to adapt with shifting technology and strives to maintain growth.

Executive Chairman maintained that he has not pushed hard enough to address the threats posed by Facebook during his tenure as CEO as facebook was not willing to do the deal.

Schmidt, who ended his 10-year run as CEO in April and handed the reins to 38-year-old Google co-founder Larry Page, made the comments at the D9 conference organized by the blog AllThingsD.

Google, generated $29 billion gross revenue last year is the world's no 1 Search Engine. Rapidly growing upstarts such as Facebook and groupons are becoming threats to its core advertising business.

In a 90 minutes onstage interview, Schmidt discussed the increasingly competitive landscape, as well as the growing privacy and regulatory scrutiny it is facing. Google recently renewed a partnership with Apple in which Google provides map technology featured on the iPhone, he said.