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Noon News: Executives Reluctant On Cloud Adoption, Apple Planning iWeb Shutdown, THQ Closing Down Two Gaming Studios

Despite their IT staffs recommending that they give the final nod, a significant number of chief executives are reluctant about the idea of moving to cloud, a new report claims. The revelation was made by the Internet security firm Symantec, and its final report concluded that most CEOs prefer not to move to the cloud because they aren't convinced that they can trust the efficiency and performance improvements that advocates of cloud computing have promised.

Apple is reportedly planning to shut down its iWeb web publishing and hosting service along with MobileMe as it prepares to launch its iCloud cloud based store, sync and streaming service. A part of the iLife software suite, iWeb allowed Mac users to create and publish websites directly on Apple’s servers. Users were able to host websites created using iWeb via Mobile Me.

Teardown specialist iSuppli has carried out its regular "bill of materials" analysis on the Samsung Series 5 laptop, the first Chromebook available in the US Market and found out that the total cost of materials including manufacturing costs was just shy of $335, leaving the retailer, the manufacturer and other third parties to share the estimated $165 profits.

With the Sony Ericsson Xperia Pro delayed till July and possibly beyond, prospective customers might be enticed to look at its predecessor, the Sony Ericsson Xperia X10 Mini Pro which also comes with a keyboard but is significantly smaller.

California based gaming firm THQ is closing down its Digital Warrington and Kaos Studios as part of the process of making a strategic realignment, new reports confirmed. The move has come barely three months after the launch of the firm’s new alternate-reality-shooter title Homefront. THQ reportedly confirmed the report of shutting down the two studios to the gaming website Gamasutra.

Ravi Mandalla was ITProPortal's Sub Editor (and a contributing writer) for two years from 2011. Based in Ahmedabad, India, Ravi is now the owner and founder of Parity Media Pvt. Ltd., a news and media company, which specializes in online publishing, technology news and analysis, reviews, web site traffic growth, web site UI. Ravi lists his specialist subjects as: Enterprise, IT, Technology, Gadgets, Business, High Net Worth Individuals, Online Publishing, Advertising, Marketing, Social Media, News, Reviews, Audio, Video, and Multi-Media. He has also previously worked as Dy. Manager - IT Security at (n)Code Solutions.