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US Market News:
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World Market News:
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01/30/2008:
The demand and popularity of Social Networking is growing day by with new website promising more features and less ads. Only time will tell who will come out ahead. Recently a new social networking site, BigAdda, was launced packed with features like send friend requests on the wireless, have discussions in as many as eight different languages, plus more. Will BigAdda give a new challenge to already established social networking websites like Orkut and Facebook?
01/22/2008:
Founder of Hotmail, Sabeer Bhatia, recently announced the launch of a new service within India called SabSeBolo.com . SabSeBolo.com will be India's first free audio conferencing reservation system. In order to use the service, a user will log on to SabSebolo.com and enter your email id and password and in return will be given a permanent conference id and a pin. Then user call +91 223980 4444 and using the conference id and pin can start the conference.
01/15/2008:
Today at the annual Macworld Expo, Apple Inc's Chief Executive Steve Jobs introduced a Ultralight MacBook called MacBook Air. The MacBook Air is 0.76 inch thick at its widest point and comes with 1.6 or 1.8GHz Intel Core 2 Duo, 2GB of RAM, and an 80GB hard drive and just one USB port with prices to start at $1,799. He also announced that iTunes will allow users to download movies from all major studios for a charge of $3.99 for new releases and $2.99 for old titles. Once downloaded the movies can be watched on iPod/iPhone and your PC, the movies are valid for 30 days to start watching once downloaded and 24 hours after that to finish.
01/14/2008:
BSNL, Bharat Sanchar Nigam Ltd, is a state owned telecom company in India. BSNL is pronding thoughts of an IPO at around 10% stake in the company which is valued at around $10 billion (Rs 40,000 crore) for later this year. The company is currently valued at $100 billion (Rs 400,000 crore).
01/11/2008:
Motorola will acquire Soundbuzz, Singapore based pan Asian music provider, which will add Motorola's MotoMusic service to India, South East Asia, Australia, and New Zealand. The MotoMusic service is currently being provided in China, Hong Kong, and Taiwan. Soundbuzz provides consumer ability to downloads music to mobile device using the Open Mobile Alliance (OMA) digital rights management (DRM) technology. Currently Soundbuzz has extensive music libraries and through licenses from Sony BMG, EMI, Warner Music International, and Universal Music Group and many others independent record labels within Asia, USA, and Europe.
01/08/2008:
Microsoft has offered to buy Fast Search and Transfer (Fast), a Norwegian enterprise search company, for $1.2 billion. This will place Microsoft in a good position of enterprise as it try to become one stop shop for the enterprise with its wide range of products.
01/07/2008:
Today at the International Consumer Electronics Show in Las Vegas, Panasonic unveiled a 150 inch HD plasma TV, making it the world largest TV to date. Its screen is equivalent of nine 50 inch sets and features 8.84 million pixel image resolution. Panasonic has also has a 103 inch version, which cost $70,000 when it was launched. The price for the 150 inch has yet not been set. Panasonic also releaved a ultra thin 50 inch panel that is less then an inch thick. Panasonic also plans to intergrate Google Inc.'s YouTube and Google's Picasa, photo sharing site in future versions of it TVs.
01/07/2008:
Today, marks the enterance of a new way of searching. Jimmy Wales, cofounder of online encyclopedia Wikipedia, and his team have launched Wikia to give the online community a new way to search for information. Will this new search engine hurt the established search engines like Google, Yahoo, MSN and the others? Only time will tell. It will take sometime for Wikia to reach the online community and enchance Wikia. The concept behind Wikia is similar to encyclopedia Wikipedia and hence will allow the online community to help better the search engine experince and put the results best suited for a given query in front of the searcher.
Wikia has been backed by the funding from Amazon.com, venture capital firm Bessemer Venture Partners, Netscape Communications cofounder Marc Andreesen, LinkedIn cofounder Reid Hoffman, and Lotus Development founder and Electronic Frontier Foundation cofounder Mitch Kapor.
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Entertainment News:
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Aishwarya Bachchan Kanya Mahavidyalaya
Date: 01/29/2008:
On Jan 27, 2008, Aishwarya Rai Bachchan laid the foundation stone at a ceremony to launch a college for girls named "Aishwarya Bachchan Kanya Mahavidyalaya" in Daulatpur village, Uttar Pradesh. Others at the ceremony included her husband Abhishek Bachchan and father in law Amitabh Bachchan .
Madonna In India
Date: 01/24/2008:
Madonna is currently vacationing in India. She with her husband Guy Ritchie and kids arrived in India with her family on December 31, 2007 from Maldives via a chartered Kingfisher jet. She first visited Rajasthan and now is in Mumbai. She has rented out the entire floor of the Taj Palace in Colaba.
Kim Sharma On Cover Of Maxim
Date: 01/19/2008:
Kim Sharma will be the next Bollywood film actress to be on the cover of Maxim India . Kim will be featured on the January 2008 cover of 2nd Anniversay Mega Issue of Maxim Magazine with many other picture within the magazine. Kim will join other Bollywood stars who have already made there presence in Maxim India, and they include such stars as Malaika Arora Khan , Celina Jaitley , Mallika Sherawat , Amisha Patel Shilpa Shetty , Kareena Kapoor and Priyanka Chopra .
Karishma Tanna On Cover Of Maxim
Date: 01/02/2008:
Karishma Tanna , TV actress, will be featured on the next edition of Maxim India. Karishma has acted in TV series Kyunki, Saas Bhi Kabhi Bahu Thi and Kkusum, and has acted in Bollywood movie Dosti Friends Forever with Akshay Kumar and Bobby Deol.
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