India and China may rule the world when bidding economic resources for information processing, however, its Central and Eastern Europe and Russia that are attracting attention from investors who look for creativity and innovation crucial for startups. – BusinessWeek
From an Indian perspective, there is a lot of raw talent and creativity out there. What needs to further develop is the environment that breeds this creativity and brings it out in the youth. Startups are being promoted in India no doubt, nevertheless, instilling such ideas at most schools and colleges (barring a few elite) is still almost non-existent. When this goes mainstream, there will be a boom in creative thinking from the Indian minds.
Author: goelp
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Google competitor in the making?
“Theseus, a German based project that is aiming to develop “the world’s most advanced multimedia search engine for the next-generation Internet.” will received a cash injection of $165 million from the German Government, under approval by the EU.” – TechCrunch
G.ho.st is a website that displays a virtual computer inside a browser. You can log into your account from anywhere to access your saved preferences, files, custom programs etc. Ghost is in early stages and there are other similar services out there. For more info and a list of web based operating systems, see here.
Related post: Computer Virtualization in Java!
“The design, unveiled at the Offsite 2007 exhibition in Watford, meets rules to be applied in 2016 that aim to make UK homes more energy-efficient.”
“The home generates all its own energy – and when you’re away on holiday can send electricity back to the National Grid. The company says its annual energy bill would be £31, as compared to £500 for the standard new home of this size.” -BBC
First zero-emission home unveiled
Related Posts: Termites: Green fuel factory? , Plastic Solar Cells: Cheaper ‘green’ electricity?
Walt Disney has reportedly signed a deal with India’s Yashraj Film Studios. The deal binds the two to make atleast one animated movie per year in which Bollywood actors would lend their voices to the feature. The deal signifies the impact Bollywood has on the entertainment industry worldwide and open great prospects for expansion and growth for both.
In another move, Indian film maker Sanjay-Leela Bhansali is producing India’s first Hollywood backed production this year in collaboration with Sony Pictures. UTV Motion Pictures also entered into strategic relationships with several international studios including 20th Century Fox, Walt Disney and Will Smith’s Overbrook.
Bollywood has become serious business!
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YCombinator Startup Notes
Some serious, useful and witty advise, pointers, questions and do’s and dont’s about start-ups from the experienced elite of the Web 2.0 startups’ world. At Scribd.
On a side note, Scribd received a $3.5 million funding from investors, adding to the ever growing list of successful Web2.0 startups.
YCombinator Startup School Notes 2007
Related Posts: Why to not not start a startup
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Search Better than Google?
According to the story in BrisbaneTimes a suburban Melbourne start-up that claims to be developing a search engine that improves on Google’s search engine, has captured the attention of the search behemoth.
“MyLiveSearch, which plans to go live as a public beta in a few weeks, is the brainchild of self-taught software developer Rob Gabriel.”
“A Google business development representative has met with the MyLiveSearch team at least twice – once when the technology was at a very early stage, and again last week after Next made inquiries about Google’s interest in the project.”
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Robot for India’s moon mission
“When India sends its proposed moon mission in 2011, it will have a unique robot developed indigenously by student-engineers and their professors at the Indian Institute of Technology (IIT) at Kanpur.” Source: /.
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Microsoft Vs Apple
Here’s an interesting coincidence between the share price trend of Microsoft in the 4 years preceding the dot com bust in 2000 and the past 4 years’ share price of Apple. Both increased a little above 900% in the respective periods (see figures below). In the four years following the bust, Microsoft’s share price fell more than 50% (see second figure). What’s going to happen to Apple (and the entire economy)? It is by no means a conclusive comparison as there are a multitude of factors that have resulted in the present state of market and that will define the course of Apple in future. For now, Apple is going strong with its sales and looking hopeful with its upcoming products. An interesting comparison though.
Microsoft vs Apple pre-2000 bust:
Microsoft post-2000 bust:
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Power of internet blogs
In the wake of recent happenings in the blogger world I could not resist the feeling of awe regarding the power electronic blogs have amassed. On May 1st Digg tried to suppress stories about an HD-DVD code which created significant turbulence at Digg and resulted in Digg owner having to give his opinion about the matter. Yesterday (May 15th), another turmoil was caused by an ‘accidental’ deletion of a post at Flickr regarding the selling of a user’s photographic material by an ebay store without her permission. This once again had to be handled by the owner of Flickr. Elsewhere, an Engadget story claiming that the release of Apple’s iPhone and Leaopard operating system was being delayed (as mentioned in an internal email to Apple employees) resulted in a sudden drop of Apple’s share price which wiped $4 bil off Apple’s market cap. This story was later reverted by Engadget in light of Apple’s notification that the email was a hoax. These incidents are just to name a few.
It seems blogs have surpassed the status Newspapers and TV held a few years ago, with the positive side being that unlike the latter, power has shifted in the hands of the common person. World is becoming a more democratic place, perhaps!