Author Archive for Mukund

DotCom

Is it a slow wave of dot-com boom in india? Why are people putting their money on dotcoms….what i fail to understand is the fact that dotcom was written off as dead, but now its springing up bring some investments. WestBridge Capital Partners announcing an investment of $8 million in Shaadi.com. Makemytrip taking B-series funding of $6m. Now can anyone please tell me whats the funda in these investments in dotcom?

Interesting Stuff

First came Peer to peer ..then skype and now this…

SAN FRANCISCO, Feb. 5 — A telecommunications executive said on Sunday that he had received $21.7 million for what he called “a global network of shared Wi-Fi connections” from backers, including Google, the Internet phone service provider Skype, and the venture capital firms Sequoia Capital and Index Ventures.

The network is being created by a software venture called Fon, which was started by Martin Varsavsky in Madrid three months ago. The service permits subscribers to modify their own routers so that users of Wi-Fi wireless technology can connect to the Internet at many physical locations, in contrast to the limited range of access that is often available now.

http://www.nytimes.com/2006/02/06/technology/06mesh.html

Walmart waiting for entry?

Economic Times says Walmart to enter indian markets. But the timeline isnt decided yet. India will have more unemployed ppl as a giant like Walmart with so much cash at hand could raze local sellers. But it would generate few employment.
http://economictimes.indiatimes.com/articleshow/1401604.cms

BANGALORE: The world’s largest retailer Wal-Mart is moving a senior official from its headquarters in Bentonville, Arkansas to head its market research and business development functions pertaining to its retail plans in India.

Lance Rettig will be responsible for building a team that will prepare the ground for Wal-Mart’s local foray when foreign direct investment (FDI) is allowed in general merchandise retailing.

In its edition dated February 2 ET had reported about Wal-Mart filing an application with the Reserve Bank of India (RBI) to set up a market research and retail business development office in Bangalore. “Mr Rettig will be coming from our Bentonville home office where he is helping to lead our market research office regarding the retail market in India,” a Wal-Mart spokesperson told ET

Rumour or Reality

Only time will tell whether its just a rumour or it will be a reality. If the news published is true then Google is going to give Microsoft a scare. The news is

Google is preparing its own distribution of Linux for the desktop, in a possible bid to take on Microsoft in its core business – desktop software. A version of the increasingly popular Ubuntu desktop Linux distribution, based on Debian and the Gnome desktop, it is known internally as ‘Goobuntu’. Google has confirmed it is working on a desktop linux project called Goobuntu, but declined to supply further details, including what the project is for

There is a screenshot of the OS too but it looks more like a neat work using photoshop or some graphic tool. But its a fact that google is in a hurry..hiring OS experts and hard core computer scientists whose background isnt search or people who have nothing to do with search or any of its core business. http://www.theregister.co.uk/2006/01/31/google_goes_desktop_linux/

Well last time i posted about Riya.com rumour and this rumour published all over the place got the company a major funding. So i dont know if google OS is true at all !!!!

Innovative Product

Google is close to buying/gobbling another company. The article says $40m for the buyout. Incidentally its an Indian techpreneur’s co.

Google is in talks to buy ____ , a photo-search company that uses facial recognition to organize photos, sources close to the deal told Red Herring magazine Nov. 21. (The amount quoted is censured as its not a reliable source ) Now why give the company a publicity stunt? shall i remove the post?