Showing posts with label Business news. Show all posts
Showing posts with label Business news. Show all posts

Thursday, June 19, 2008

Study links hours in front of TV to obesity


TORONTO -- Canadians who are spending lots of their leisure time in front of screens -- especially TV screens -- are more likely to be obese, a new study suggests.

It's been known for awhile that rising screen time, as it's called, is contributing to childhood obesity. But this study, drawing from data in Statistic Canada's Canadian Community Health Survey, is one of the first looking to see if there is a link between screen time and obesity among Canadian adults.

And there appears to be.

Adults who watch more than 21 hours of TV a week were 80 per cent more likely to be obese than people who watched five hours or less television. Men who spent a lot of their leisure time in front of a computer screen were 20 per cent more likely to be obese and women were 30 per cent more likely than people who didn't send much time in front of a computer.

"From this, we would suggest that decreasing television viewing time in particular may be to the advantage of people at risk of overweight or obesity,'' said Mark Tremblay, one of the authors and the director of the Healthy Active Living and Obesity Research Institute at the Children's Hospital of Eastern Ontario in Ottawa.

The study, based on a survey of 42,600 men and women aged 20 to 64, found that in 2007, nearly three out of every 10 Canadian adults reported they watched an average of 15 or more hours of television a week and nearly two in 10 said they watched 21 or more hours a week.

Frequent leisure time computer use was less common, with about 15 per cent of adults reporting they averaged 15 or more hours a week at their computers. Only six per cent reported 21 hours or more a week of leisure computer screen time and nearly a third said they spent none of their leisure time in front of a computer screen.

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Thursday, June 12, 2008

Yahoo-Google agree online ad deal


Yahoo has agreed a deal with Google which will see Yahoo use the search engine giant's advertising technology.

Under the agreement, Google ads will appear alongside some Yahoo search results in the US and Canada.

The announcement came after Yahoo said it had failed to persuade Microsoft to renew its bid to buy all of the internet company.

Recent talks concluded after Yahoo rejected a Microsoft proposal to buy just its online search business.

Potentially lucrative

Yahoo said the agreement with Google could be worth up to $800m (£410m) in additional revenue every year.

Alarm bells were already ringing on Capitol Hill over Yahoo's 'limited' trial in April of Google's technology
Rory Cellan-Jones, BBC Technology Correspondent


"This commercial agreement provides Yahoo with the opportunity to deliver more relevant ads to users and provide advertisers and publishers with better advertising technology," said Eric Schmidt, Google chairman and chief executive.

"We believe that the convergence of search and display is the next major development" in online advertising industry, said Yahoo chief executive Jerry Yang.

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Tuesday, June 10, 2008

Reliance Globalcom acquires U.K. based Global Managed Network Services provider VANCO Group Limited

  • Enhances Reliance Globalcom’s annual revenues by $ 365 million (Rs. 1,550 crores)
  • Adds over 220 MNCs to Reliance Globalcom customer base
  • Reliance Globalcom Managed Network footprint expands to 163 countries
  • Vanco’s peak Market Capitalisation was $ 750 million (Rs. 3,000 crores)

London / Mumbai, May 26th 2008: Reliance Globalcom Limited, subsidiary of India’s largest integrated telecom Service provider Reliance Communications, today announced signing of an agreement to acquire the London headquartered pioneering Global Managed Network Services, VANCO Group Limited through one of its wholly-owned subsidiary. The acquisition of VANCO would add $365 Million (Rs. 1,550 crore) to the annual revenue of Reliance Globalcom through secure Long-term contracts with largest enterprise customers.

“The acquisition of VANCO is in line with Reliance Globalcom’s vision to create one of the Top 5 Global Datacommunications Enterprises in the world”, said Mr. Anil Dhirubhai Ambani, Chairman, Reliance Communications. “The combination of Reliance Globalcom’s extensive capabilities and VANCO’s unique global experience would create a new breed of integrated services communications powerhouse”.

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