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Indian minister says IT outsourcing raked in $12.5 billion

Indian officials today disclosed details on revenues from IT outsourcing for the last year.

Reports out of New Delhi today say IT outsourcing accounted for some $12.5 billion in revenues during the last year. The nation's IT Minister Dayanidhi Maran said about 3000 companies were engaged in outsourcing business in India.
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Yahoo revives Flickr with photo-centric redesign, 1TB free storage
Yahoo's CEO Marissa Mayer unveils an update to the company's Flickr photo-sharing site. Among the changes are a redesign with larger images, the ability for users to upload full-resolution photos, and 1TB of free storage for everyone.
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