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Who said outsourcing is going to end?

Bangalore: Be it the H1B visa price hike or the anti-offshoring policy that breezed past the U.S senate, India seems to be the offshoring abode for U.S companies to outsource despite all odds. As per a survey done by Harvey Nash of a UK-based IT staffing and managed services firm, 90 percent of CIOs will be maintaining or increasing offshore outsourcing projects in 2010 and 2011. In the first quarter of this year, financial services companies reported 40 outsourcing deals, versus 26 in the previous quarter. Notable deals in early 2010 include Deutsche Bank's $114 million contract with GFT Technologies in which GFT will take responsibility for applications that handle payment transactions, online banking, credit card management and securities transactions; and the multiyear contract that U.S. Bank signed with TSYS for card processing services. Cheap labor and quality output seems to drive U.S companies to India as they face simultaneous pressures of cost savings and software-cen...

WebP, a new image format for the Web

Cross-posted from the Chromium Blog As part of Google’s initiative to make the web faster, over the past few months we have released a number of tools to help site owners speed up their websites. We launched the Page Speed Firefox extension to evaluate the performance of web pages and to get suggestions on how to improve them, we introduced the Speed Tracer Chrome extension to help identify and fix performance problems in web applications, and we released a set of closure tools to help build rich web applications with fully optimized JavaScript code. While these tools have been incredibly successful in helping developers optimize their sites, as we’ve evaluated our progress, we continue to notice a single component of web pages is consistently responsible for the majority of the latency on pages across the web: images. Most of the common image formats on the web today were established over a decade ago and are based on technology from around that time. Some engineers at Google deci...