Friday, October 31, 2008
Wednesday, October 29, 2008
Monday, October 27, 2008
Google has been on the prowl searching for new and great ideas coming up from the fantasy world of startups. Pyra Labs (Blogger), Baidu, Picasa, Urchin Softwares (Google Analytics), Android, Doubleclick, Feedburner....the list goes on. (A detailed list can be found here)Lots of great services. Lots of great softwares. But sometimes, I feel that they have missed out some of the great services out there.
Sunday, October 19, 2008
WorldSpace Inc, the satellite radio broadcasting company has filed for bankruptcy in US. From July 2008 onwards, the company had changed it brand and corporate identity to 1worldspace (listed in NASDAQ as WRSP).
The company had been facing financial difficulties from 2006 onwards. The Maryland based company has a debt of more than $300 million. From the press release:
"The WorldSpace Board of Directors unanimously determined that Chapter 11 reorganization was necessary for the Company to engage in an orderly process to raise sufficient funds to repay its senior secured and convertible notes by means of either a sale of the Company or its assets, or a recapitalization of the Company.
WorldSpace will continue to operate its business and manage its assets as a ”debtor-in-possession” under the jurisdiction of the court and in accordance with the applicable provisions of the Bankruptcy Code and the orders of the court. The holders of the Company’s existing senior secured and convertible notes have agreed to provide, subject to the satisfaction of certain conditions, a “debtor-in-possession” financing facility of up to $13 million for a period of 90 days in order to facilitate a sale transaction. The financing facility is expected to enable the Company to continue to pay salaries of critical employees and continue operations which are critical to preserving the value of its core assets through the term of the facility."
India accounts for more than 150,000 subscribers which makes up to 90% of the total customer base worldwide. A R Rahman was chosen as the brand ambassador and he had composed a signature tune for Worldspace.
Emails sent to India support center and Corporate Affairs remain unanswered. Till then, enjoy the signature tune by maestro Rahman.
Update: Worldspace India has responed to my email. "India operations to continue as usual."
Saturday, October 18, 2008
The other day, I read about a techie (translates to software engineer) who hit a cop when he was asked for his driving license.
Wednesday, October 15, 2008
Do I sound crazy? Well, if you think so, then read on my story...
Sunday, October 12, 2008
"Yeh hum Nahin"
One of India's largest software outsourcing company, Satyam Computer Services is again in the headlines for bad stuff. If it was the $ 1 billion lawsuit by Upaid some months earlier, the latest one questions the company's ethics.
Tuesday, October 7, 2008
Well. This is ought to be a funny one. I don't want to talk about the personal connections of Senator Obama as someone else did recently.
I came across this funny ad when I was browsing through The Guardian. (Sorry for the small size. Better save it and zoom it up. It's a flash ad. Anyone knows how to save a flash ad?). Its funny and takes a dive at George Bush. Will McCain or Obama see this?