Friday 6 September 2013

G-20 pledges to raise global cooperation to combat corruption

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The G-20 Summit on Friday pledged to share information and increase international cooperation to combat the menace of corruption.

"We will continue to develop and strengthen frameworks to facilitate cooperation among G-20 member-countries in the fight against corruption," the G-20 Leaders' Declaration said.

"We have established a G-20 network to share information and cooperate in order to deny entry to our countries by corrupt officials and those who corrupt them, in accordance with national laws and regulations," it said.

To enhance international collaboration in the investigation and prosecution of corruption offences as well as in the recovery of proceeds of corruption, the heads of 20 developed and developing nations endorsed the High-Level Principles on Mutual Legal Assistance.

Noting that corruption severely impedes sustainable economic growth and poverty reduction, it said this "can threaten financial stability and the economy as a whole." Corruption is corrosive, destroying public trust, distorting the allocation of resources and undermining the rule of law, it said.

The leaders reiterated the determination to combat domestic and foreign bribery, as well as solicitation, and to endorse the non-binding 'Guiding Principles on Enforcement of the Foreign Bribery Offence and the Guiding Principles to Combat Solicitation.

Source..http://www.dnaindia.com/world/1885418/report-g-20-pledges-to-raise-global-cooperation-to-combat-corruption
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Thursday 5 September 2013

Microsoft buys Nokia mobile unit to fight Apple, Google

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As all know, Nokia is not performing well now days and they are not able to manage the mobile division smoothly, so they decided to collaborate with Microsoft. Microsoft announced that they have settled a $7.2 billion deal to acquire Nokia. 

This is good news for the Microsoft fans but whereof emotional attached with Nokia, they feel bad. Yes, it is good for both organizations because Nokia known as cellphone giants, and the MS as the software giant, if both are doing business together, it is true they will defeat their competitors such as Samsung and Google. Nokia has so far been the most amazing fittings creator for the Windows Operating System - an imperative accomplice for Microsoft to press on to flourish on the planet commanded by Apple's ios and Google's Android Operating Systems. Both these Microsoft's grandest adversaries in the portable registering have full responsibility for equipment. Fruit's been in sum control of their fittings since starting and Google understood that they require a control over equipment much later. That came about into Google's procurement of Motorola's portable division.

With the equipment assembling process in their check, Apple and Google now control each part of their telephone and that is a colossal point of interest in choosing which course programming improvement will bring with the ceaseless change in the fittings. Microsoft so far did not have this capacity and no other securing might have been as simpler as Nokia.

The arrangement works out energetic about Nokia simultaneously. The organization, which once commanded the characteristic telephone advertises internationally couldn't adapt up to the strike from the cell phone producers like Apple, Samsung and LG. They got out-improved in practically each part of the versatile registering diversion. By choosing to offer equipment business to Microsoft, Nokia can about-face to staging phases and figure out their corner.

32,000 of Nokia's representatives will exchange to Microsoft. Microsoft will likewise get full control of Nokia's ASHA telephone arrangement (which does not run Windows working framework) and HERE mapping administration. The mark "Nokia" will proceed. Nokia itself will press on to tackle mapping administrations, development LTE systems and other development advances. The organization will additionally investigate more current business chances. 

The industry has been recognizing developments in the versatile processing space at a breakneck speed. The by and large victor in the diversion will be the organization that offers the best general knowledge of versatile figuring. It'd be intriguing to perceive how Microsoft makes utilization of Nokia's fittings competencies to redefine Windows versatile experience. We'd want the procurement will place Microsoft in an improved position to get more piece of the overall industry for the Windows working frameworks.
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