As Internet evolves, so does vocabulary for those who use it

Most endeavors develop a vocabulary all their own. Computers and the Internet are no different. Here are some terms you may encounter as you use the Web.

Embed: To use computer code to place something, such as a YouTube video or song, on a Web site or blog. When a video or song is embedded on a page, the user can watch the video or listen to the song without having to leave that page.

Web 2.0: The term refers to the new breed of Web sites and Web services that focus on social networking and user-generated content, such as Facebook, YouTube, Flickr, Wikipedia and blogs. Web 2.0 also describes the shift to Internet-based applications, such as Google Docs, which is a free, Web-based word processing program.

With Web 2.0 sites and services, the user is an active participant because they post articles, videos or photos instead of just reading what has been written.

Internet meme: Pronounced "meem." Refers to an idea, concept, phrase or other unit of information that spreads quickly from one person to another through the Internet. Some well-known Internet memes include the Numa Numa Dance (a video of a teenager dancing to a pop song), a hoax e-mail about Bill Gates willing to pay money for forwarding the e-mail and a Web site showing hamsters dancing to music.

Flash memory: A kind of storage for camera memory cards, computers and other devices that does not include a traditional hard drive. Because there are no moving parts, flash storage is seen as more durable than traditional hard drives. IPods, other MP3 players and key-chain USB thumb drives all use flash memory, and more laptops are being made with flash memory as storage.

Digital SLR: It stands for "single lens reflex," a camera design that allows the user to view directly through the lens for more accurate framing and composition.

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Get Your Computer to Build Your Financial Future

You know you need to start saving. Your toddler will one day come to you with an acceptance letter from Dartmouth. You need a car. And retirement looms.

We may know we need to save, but those of us who don't have financial assets well into the six figures probably don't have a financial planner helping us make our savings and investment decisions.

Never fear! At virtually every stage in the financial planning process, a free or inexpensive online financial-planning service can help put you on the track to financial success.

Not that everyone's accessing them. A scant 44% of recent or soon-to-be retirees with less than $100,000 in assets have financial plans, according to a recent report from the Aite Group. More than 90% of those without plans aren't willing to pay for the services.

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Verizon increases professional consulting services

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CSI Announces Cash Dividend

PADUCAH, Ky., May 20 /PRNewswire-FirstCall/ -- Computer Services, Inc.
(CSI) (Pink Sheets: CSVI) announced that its Board of Directors declared a
quarterly cash dividend of $0.16 per share, representing an indicated
annual dividend rate of $0.64 per share. The cash dividend is payable on
June 25, 2008, to shareholders of record as of the close of business on
June 2, 2008.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20080418/CSILOGO )

    "Our Board of Directors remains focused on building long-term
shareholder value through our cash dividend program," stated Steven A.
Powless, President and CEO of CSI. "We have increased CSI's cash dividend
in each of the last 20 years and this payment represents a 23% increase
from the cash dividend paid in May of 2007."

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Broadband Access Opens Doors To Networking, Economic Development For Rural Areas

The report, "Broadband Internet Use in Rural Pennsylvania," examines broadband availability and adoption in four sectors -- health care, local government, education and business -- through case studies, interviews with key information-technology personnel and analysis of organizations' Web sites. While the report focuses on Pennsylvania, their recommendations hold true for any state with a large rural population, according to the researchers.

"Broadband services offer a huge opportunity for rural areas with significant payback in terms of economic development and community revitalization," said Amy Glasmeier, professor of geography and co-author of the report. "The Internet makes possible a whole range of processes which involve more than rapid access to information and which range from joint projects by municipalities and collaborations between schools to development of new business processes."

According to the researchers, while the number of rural users of broadband Internet services has been steadily increasing, access to broadband is not universal in rural areas, and in some places, dial-up remains the only affordable option. While dial-up allows for electronic access to information, its slower speed and lower bandwidth capacity limit organizations from developing Internet-enabled processes and collaborations -- what the researchers distinguish as "transformative" uses.

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Dell to push 'managed services' for computers

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Cable firm Comcast buys Plaxo website

US cable company Comcast has bought the website Plaxo as part of a strategy to bring social networking into the mainstream.

The value of the deal was not disclosed, but industry blogs have been predicting a sale since January and estimate Plaxo was sold for between $150m and $170m.

Plaxo offers an extensive online address book as well as a sister social networking site called Pulse and claims 50 million user accounts and 1.5 million regular unique users each month.

Comcast, the biggest cable firm in the US, plans to integrate Plaxo's online social networking services with its own subscriber base of 24.2 million customers through comcast.net, the film site Fandango and Fancast, an entertainment site.

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US may push IT cos for 50% local hiring

Mumbai, May 13 The US operations of top Indian IT Companies like Tata Consultancy Services (TCS), Infosys Technologies, Wipro, Satyam Computer Services and HCL Technologies are likely to take a hit, with the US keenly looking at introducing a “50:50” law, under which Indian IT Companies will have to employ 50% Americans in their US operations.

US Senator Chuck Grassley is expected to pursue the proposal and a final decision on this is largely dependent on the US presidential polls, according to senior industry sources.

Sources reveal that about 90% employees at the US offices of some top-rung Indian IT Companies are Indians. With the implementation of the “50:50” law, Indian IT Companies would have to shell out much more as salaries for foreign staff, which will have a bearing on the profitability of these Companies. Top-rung IT Companies, on an average, get 55%-60% of their revenues from the US. TCS derives 50% of its IT services revenues from the US (overall revenues of Rs 22,863 crore in FY 08), Infosys 62%, and Wipro 63%. TCS has about 14,000 employees in the US, Wipro has 8,100, Satyam 51,000 and Infosys has 91,000 employees globally, including the US.

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MYOB moves into domains, hosting

Accounting software vendor MYOB has launched an online services business offering domain registration and Web hosting services.

MYOB Business Web Hosting will offer its customers domain registration from A$35 (US$33) for two years, e-mail hosting from $14.95 per month, and Web hosting from $29.95 per month.

MYOB Australia's managing director, Tim Reed, said the new Web focus will give MYOB customers the opportunity to complete a range of business transactions online, including the ability to offer e-commerce services.

"Our customers are just starting to embrace the Web and are looking for a trusted provider to help them establish a professional online presence and then, in time, to integrate existing business processes, such as invoicing, into their Web site," Reed said.

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Mobile social networking space getting crowded

A few global web powerhouses, such as Google, Yahoo and eBay, are even turning their attention to this market. The majority of players, however, are smaller software companies that are developing applications or components designed to enable a mobile community feature. Many vendors in the sector - such as Gypsii (formerly Benefon) - have reinvented themselves as social-networking-technology providers after hitting dead ends in other areas.

The 200 companies focusing on mobile social networking do not include mobile network operators or companies focusing on the many social-networking opportunities on the fixed Internet exclusively.

Beginning this year and continuing for the rest of the decade, mobile operators and those with online communities will be expanding their investments and speaking more publicly about their participation in the mobile-social-networking ecosystem, analyst Christine Perey predicts in Mobile Social Networking: Communities and Content on the Move, a report recently released by MM publisher Informa Telecoms & Media.

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