Monday, July 14, 2008

Anheuser Busch Being Bought By InBev NV Comment

07/14/2008:
Anheuser Busch, U.S. brewer, has agreed to be bought by Belgium based InBev for a higher price of $52 billion after a month long standoff between the two. This will create the world's largest beer maker. InBev maker of Stella Artois and Beck's, will pay $70 per share for maker of Budweiser.

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Tuesday, January 15, 2008

Apple To Rent Movies, Shows Thin Notebook Comment

01/15/2008:
Today at the annual Macworld Expo, Apple Inc's Chief Executive Steve Jobs introduced a Ultralight MacBook called MacBook Air. The MacBook Air is 0.76 inch thick at its widest point and comes with 1.6 or 1.8GHz Intel Core 2 Duo, 2GB of RAM, and an 80GB hard drive and just one USB port with prices to start at $1,799. He also announced that iTunes will allow users to download movies from all major studios for a charge of $3.99 for new releases and $2.99 for old titles. Once downloaded the movies can be watched on iPod/iPhone and your PC, the movies are valid for 30 days to start watching once downloaded and 24 hours after that to finish.

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Monday, January 14, 2008

BSNL plans initial public offering (IPO) Comment

01/14/2008:
BSNL, Bharat Sanchar Nigam Ltd, is a state owned telecom company in India. BSNL is pronding thoughts of an IPO at around 10% stake in the company which is valued at around $10 billion (Rs 40,000 crore) for later this year. The company is currently valued at $100 billion (Rs 400,000 crore).

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Friday, January 11, 2008

Motorola Acquiring Soundbuzz Comment

01/11/2008:
Motorola will acquire Soundbuzz, Singapore based pan Asian music provider, which will add Motorola's MotoMusic service to India, South East Asia, Australia, and New Zealand. The MotoMusic service is currently being provided in China, Hong Kong, and Taiwan. Soundbuzz provides consumer ability to downloads music to mobile device using the Open Mobile Alliance (OMA) digital rights management (DRM) technology. Currently Soundbuzz has extensive music libraries and through licenses from Sony BMG, EMI, Warner Music International, and Universal Music Group and many others independent record labels within Asia, USA, and Europe.

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Monday, January 07, 2008

Wikia Launched Comment

01/07/2008:
Today, marks the enterance of a new way of searching. Jimmy Wales, cofounder of online encyclopedia Wikipedia, and his team have launched Wikia to give the online community a new way to search for information. Will this new search engine hurt the established search engines like Google, Yahoo, MSN and the others? Only time will tell. It will take sometime for Wikia to reach the online community and enchance Wikia. The concept behind Wikia is similar to encyclopedia Wikipedia and hence will allow the online community to help better the search engine experince and put the results best suited for a given query in front of the searcher.
Wikia has been backed by the funding from Amazon.com, venture capital firm Bessemer Venture Partners, Netscape Communications cofounder Marc Andreesen, LinkedIn cofounder Reid Hoffman, and Lotus Development founder and Electronic Frontier Foundation cofounder Mitch Kapor.

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Wednesday, December 12, 2007

Ask.com Enables Privacy Control Comment

12/12/2007:
Ask.com announced the availibility of AskEraser, a privacy control that erases information about users' search queries within a few hours. With AskEraser enabled for a given users, all Ask.com cookies including IP address, user ID and session ID cookies and complete text of search queries are erased across the Ask.com search areas but cannot delete it from from the servers of third-party companies. But the side effect of AskEraser being enabled is that some of the Ask.com personalization options will not function.

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Thursday, June 07, 2007

Alcatel-Lucent announced multi year contract with Vivo Comment

06/07/2007:
Alcatel-Lucent announced that it has signed a multi year contract with Vivo, a Brazilian mobile phone operator.

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Wednesday, May 30, 2007

Qatar Airways puts in a order to buy 80 A350 XWB Comment

05/28/2007:
Qatar Airways puts in a order to buy 80 A350 XWB long-range planes from Airbus SAS worth $16 billion. The plans are to be equipped with engines made by Rolls-Royce Group. Delivery of the Airbus A350 will begin in 2013. Boeing has beaten Airbus so far for the new bigger planes with about 567 order with Airbus having about 13. Airbus is based in Toulouse, France. Singapore Airlines Ltd has also places an order for 20 A350 XWBs and Russia's OAO Aeroflot to buy 22 A350s.

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