Nov 18 2006
Two months back, Universal Music Group CEO Doug Morris said that YouTube and MySpace were violating copyright laws. Following that, Universal Music went on to sue video-sharing sites Grouper and Bolt. During then I wondered why it did not sure...
Nov 17 2006
One of the greatest economists the world has seen, Milton Friedman has died at the age of 94 in San Francisco yesterday. He was awarded the Nobel Prize for Economics in 1976, for his achievements in the fields of consumption analysis, monetary history...
Nov 17 2006
This has come as a mild shocker to me. Jason Calacanis has confirmed that he is leaving AOL. His association with AOL started just over a year ago when AOL procured Calacanis’ blog network Weblogs, Inc. Following that, Calacanis was the top man at...
Nov 14 2006
A coalition of major Internet companies like Google and Yahoo! are planning to petition the Securities and Exchange Commission (SEC) to review the new fees that stock exchanges in US charge them for posting real-time stock quotes on their...
Nov 14 2006
The Eropean Union today sent a warning to major credit card companies that it might take action to increase competition in the industry. Charlie McCreevy, Internal Market Commissioner, EU said that he was studying the industry that has only two...
Nov 14 2006
Lycos is launching a new YouTube-like service - Lycos Cinema (beta) today that will have both full-length movies and real-time chat. This will allow video and movie producers to release their latest content on Lycos Cinema and get instant feedback from...
Nov 14 2006
Citizen Media Private Limited, the company that runs Instablogs Network, Asia’s first and biggest blog network has launched Instablogs Community today. Ankit Maheshwari, Instablogs Chief Business Development Officer and the brain behind this project...
Nov 13 2006
Prominent world leaders, cutting across religious lines and political views, have called upon both the Western and Islamic societies to bridge their cultural and ideological divide that has been plaguing the populations from either side for over 50...
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Nov 13 2006
It was bound to happen this way. We saw it all before and it is just a case of history repeating itself. In just over a day after the much-hyped, much-awaited Sony PlayStation 3 launched, it has found its way to the Japanese grey market. During the...
Nov 13 2006
Kai-Uwe Ricke, Chief Executive Officer of Europe’s largest telecom group by sales Deutsche Telekom has resigned. This comes in the wake of poor shows by the company a few days back. The company had announced a whopping 34% dip in profits in the...