Word: quartered
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...their multinational clients expand into developing countries, they are finding it imperative to follow. New customers are also surfacing among large firms and financial institutions from emerging countries as they seek to professionalize their operations. A study by NASSCOM and consulting firm McKinsey figured that by 2020 about a quarter of potential IT- and business-services revenues for outsourcing firms will be generated in the so-called BRIC countries: Brazil, Russia, India and China. Although the U.S. still accounts for 60% of the export revenue of India's IT sector, emerging markets are growing faster. NASSCOM data show that...
...Google's plan for world domination is far from complete. Scheduled to launch in the fourth quarter of 2010 are netbooks that will run on Chrome OS rather than Windows or some other operating system. These devices will be optimized for the Web and will boot up directly into the browser, with no desktop as we know it today. It's unclear whether Google will license the operating system to manufacturers like HP and Acer or put out its own hardware in the form of an official Google Chrome OS netbook. Either way, you won't be able to purchase...
...force the country to agree to reimburse the British savers. "The British government used gunboat diplomacy, putting us in the same category as al-Qaeda and the Taliban," says Magnus Arni Skulason, a founding member of InDefence, a grass-roots campaign that helped secure 62,000 names - over a quarter of Iceland's 320,000 people - on a petition calling for the referendum. Skulason says Iceland has become the whipping boy in the financial meltdown. "Yes, there was a regulatory problem in Iceland. But this is a joint responsibility: the financial authorities in the U.K. and the Netherlands should have...
...million debit and credit cards - around a quarter of all those in circulation in Germany - have been rendered unreadable by the software bug, causing chaos across the country. The situation harks back to the fears over the so-called millennium bug, which many experts thought would cause computer systems around the world to crash when the year switched over from 1999 to 2000. The difference: the millennium bug turned out to be a false alarm. In Germany, the Year 2010 bug has left millions of people fuming at the ATM. (See the top 10 panics...
...which works to elect Republicans to the House, was in even worse shape, with just $4.3 million on hand at the end of November and more than $2 million in debt (their Democratic counterparts ended November with a net of $12.7 million). In the Senate, Republicans ended the third quarter with $7.3 million, compared with $11.9 million for the Dems...