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Business Finance

PetroChina becomes world’s biggest company by Market Cap

This year recorded the biggest opening for a movie ever as Spider-Man 3 (~$60 million), biggest opening for a video game as Halo 3 (~$170 million) and now the biggest opening for a stock market IPO as China’s PetroChina with a market capitalization of $1.1 Trillion!

PetroChina Co. almost tripled on its first day of trading in Shanghai, becoming the world’s first company to be valued at $1 trillion, more than Exxon Mobil Corp. and General Electric Co. combined [next two in the rankings].

arrow_blue_small PetroChina’s Value Tops $1 Trillion, Surpassing Exxon

Related Post: World’s biggest public companies

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Business Finance Social Technology

Upcoming: Google’s Mobile OS

“Google, owner of the world’s most popular Internet search engine, today will announce the 30-member Open Handset Alliance, which includes Sprint, T-Mobile and phone makers Motorola Inc. and Samsung Electronics Co., said the people, who asked to remain anonymous because the deal isn’t public yet.” – Bloomberg

(Google stock price has risen 2% on the news today to be at the current price of $725.)

arrow_blue_small Google to Introduce Mobile-Phone System, People Say

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Business Finance History Social

What’s happening to the Dollar?

The plummet of the dollar — The Chinese are sitting on too many dollars to divest; they would lose too much. The Europeans are taking advantage of the Chinese position, selling off greenbacks, forcing the dollar down faste.

arrow_blue_small Sinking Currency, Sinking Country

Related: China threatens to trigger US dollar crash

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Business Innovation Productivity Science Technology

Future of User interface – Multi-touch?

WOW! Minority Report’s “futuristic” UI is now real! 🙂

[youtube=http://www.youtube.com/watch?v=he-j1BbZf58]

Categories
Business India

Where India Outsources

With the world rushing to India for outsourcing, Indian companies are seeking opportunities in other low-cost countries to cut down wages.

arrow_blue_small Where India Outsources

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Business Finance Innovation Technology

To be or not to be – in Silicon Valley

I had the opportunity to attended the Future of Web Apps (FOWA) conference in London 3-5 October ’07. A key talk I eagerly awaited was one by Paul Graham on “The Future of Web Startups“. In his talk, Graham made a point, that to really succeed startups need to move to a hub like, and especially, Silicon Valley.

Ryan Carson, the organiser of the event, was not convinced by Graham’s claim and asserted his opinion on the stage after the talk. According to him, startups needn’t be in Silicon Valley to succeed.

This confutation was catered-to by Paul Graham in his following article/essay “Why to move to a startup hub” which in-turn spawned a debate led by Ryan Carson here and here.

According to

Categories
Business Innovation Science Technology

Inkless printing with Zink

A small hand-held printer is one of many upcoming products from Zink which produces inkless polaroid quality, water proof prints instantly. “The core of the technology is the paper, which is layered with crystals that, when melted at specific temperatures, become colored.” – [via VentureBeat]

arrow_blue_small Zink offers inkless printing, raises $25M

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Business Health Innovation Science Technology

‘Green’ architecture at its best

Skidmore, Owings & Merrill (SOM) have designed a 71-story, 2.2-million-square-foot net-zero-energy-skyscraper called Pearl River Tower as the headquarters of CNTC Guangdong Tobacco Company in new city of Guangzhou, China. The high-tech design employs four ways to make it environmentally friendly: reduction, reclamation, absorption and generation. Check the link for pictures. – [via BD4D]

SOM’s Pearl River Tower

Categories
Business Technology

Sun to sell Windows Server boxes!

“In a rather stunning bit of news, Microsoft and Sun Micorsystems announced at a press conference that Sun has signed up to become a Windows Server Original Equipment Manufacturer (OEM), selling Sun x64-based servers that come bundled with Microsoft Windows Server 2003.” – ars technica

Sun to sell Windows Server boxes

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Business Education Technology

Facebook @ Stanford

You know a web application/platform has become mainstream when there is a course at Stanford University on it. A course called “Create Engaging Web Applications Using Metrics and Learning on Facebook” will be added to Computer Science depatement’s offerings at Stanford this fall.  – via VentureBeat

Facebook to take over Stanford classroom