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US Market News:
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12/27/2007: There is some news around the web that Google is preparing to launch a site called Knol. The new site would be a combination of Wikipedia and Squidoo and would allow users to post stuff to become a knowledgebase of everything. Google will probably intices users to post articles by giving them a share of the revenue that Google will generate from that page. With this people may question what Google is upto, until now Google was justing indexing page on the web, now it seems to be helping people create content on the web with tools like the Blogger and now Knol.12/19/2007: The big three online advertisers, Microsoft, Google, and Yahoo were fined for allowing online gambling businesses to advertise online gambling using the three companies respectively ads mediums. The U.S. Department of Justice announced that the fines added to the over $40 million with Microsoft is to pay the largest penalty totaling $21 million. While Yahoo will pay $7.5 million and Google is to pay $3 million.
12/07/2007: Today Google announced that is has optimized the Google Search, Gmail, Google Calendar and Google Reader for the iPhone which builds upon other Google products like Maps and YouTube that are already available. When a iPhone user visits the Google main site, the iPhone is automatically detected and the apps are made avaialble to the user via iPhone's Safari browser. In other news, Google introduced the addition of AIM (AOL Instant Messenger) To Gmail.
12/05/2007: Yahoo's online photo sharing service Flickr, an online photo sharing website, today announced the introduction of new online digital imagee editing tools that can be used by members to edit photos. The tools suite will be provided by Picnik. Flickr was purchased by Yahoo back in 2005 at which time, Yahoo discontinued it's own Yahoo Photos service for Flickr.
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World Market News:
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01/04/2008: Reliance Power Ltd (RPL) will be offering its initial public offering this month and which will be the largest by any Indian company to date. The IPO was announced by Chairman, Mr Anil Ambani. The IPO will raise as much as Rs 11,500 crore of capital with the issue opening on January 15 and closes January 18. RPL is a subsidiary of Reliance Energy Ltd (REL) and owns 50 percent stake in the company. Part of the raised captial will be used to build six power projects across India. 12/27/2007: Benazir Bhutto, former Prime Minister of Pakistan, was killed after a campaign rally in the city of Rawalpindi where she had just finished giving an address to her supporters. She was taken to Rawalpindi General Hospital where surgeons were unable to save her. The attacker first fired at her and then blew himself up, killing Bhutto and 15 to 20 other bystanders. Bhutto had recently returned back to Pakistan after her exile.
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Entertainment News:
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Gauri Khan On Cover Of Vogue Date: 12/21/2007: Gauri Khan , wife of the Bollywood superstar Shahrukh Khan will be seeing on the cover of India's next edition of Vogue magazine which will hit the news stands on Dec 20, 2007. The photo were taken at her home in Mumbai, named Mannat. Gauri was recently seen in a small apperance in her husband's movie Om Shanti Om (2007) .
Jamie Lynn Spears says she's pregnant Date: 12/20/2007 Jamie Lynn Spears announced to OK! magazine that she is pregnant and the father of the baby is her longtime boyfriend, Casey Aldridge. The 16-year-old is Britney Spears' younger sister and currently stars on TV show Zoey 101.
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Sport News:
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