Fortune ranks Google as best company to work for
Silicon Valley: Fortune magazine has ranked internet search company Google as the best company to work for in America with amenities like free gourmet food, free laundry facilities and onsite doctor. Google left behind biotech company Genetech, which topped the list last year, according to the rankings released by Fortune magazine on Monday.

Yahoo, Google's chief rival in Internet search, was ranked 44th on the magazine's 10th annual list of the "100 Best Companies to Work For.

The survey was based on an evaluation of the policies and culture of each company, and the opinions of the company's employees.

Google, Genentech and Network Appliance were the only Silicon Valley firms to make to the Top 10, while Cisco Systems just missed at No 11. Other companies from the valley to make the Top 100 were Adobe Systems (31), Intuit (33) and Yahoo (44).
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Apple launches the iconic iPhone
Seoul: Apple has come out with the long-anticipated iPhone, a smart phone with features from the iPod music player.

The iPhone will be three devices in one: a cell phone, a wide-screen iPod with touch controls, and an Internet communications device. Cingular (soon to be part of AT&T) will be the sole iPhone carrier.

Both Apple and Cingular stores in the US will start selling the phone in June this year.

The iPhone will be launched in Europe by the end of the calendar year and would be offered in Asia next year. The model with a 4GB memory will be priced at $499 with a two-year contract and $599 for the 8GB version (also with a two-year contract).

iPhone is large in size because of a large, 3.5-inch display: iPhone measures 4.5x2.4x0.46 inches.
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