Ask not if Satyam Computer Chairman B.Ramalinga Raju will be arrested. Ask when Ramalinga Raju will be arrested. After acknowledging committing one of the biggest frauds in Indian corporate history, we’d surprised if Ramalinga Raju does not spend considerable time as a guest of the Indian prison system. In what seems like a resigned awareness of […]
Shares of Indian IT services provider Satyam Computer crashed today on the Bombay Stock Exchange after the company’s chairman B.Ramalinga Raju acknowledged massive fraud in the company’s accounts. On the Bombay Stock Exchange today, Satyam shares fell 77.69% to Rs 39.95. Ramalinga Raju said in a letter to the company’s board that the fraud had […]
Come April, Apple will jack up prices of some singles in its iTunes digital media store (largest online store for Indian songs??) to $1.29. Currently, single tracks are 99 cents with most albums at $9.99. At Macworld,  Apple today announced a new three-tier pricing structure – the songs will be available at one of three price […]
Folks, it’s CES time. So you’re gonna see a lot of digital media stories here for the next few days. Roku, which now lets Netflix subscribers stream movies and TV episodes to their TV sets via a $99 box, will soon bring a similar capability to Amazon.com. In the near future, Roku box owners like […]
First, consumers got the $99 Roku box that lets them stream movies from DVD rental service Netflix directly to their television sets via a broadband connection. Then came other boxes like game console Xbox 360 and LG Blu-ray DVD players that provide a similar Roku-like functionality. Now things have gotten even better with LG Electronics […]
Finally realizing that all the speculation on his health was proving to be, well, unhealthy for investors and the company, Apple CEO Steve Jobs fessed up today that he is indeed sick. Here’s an excerpt from Steve Jobs’ confession letter: Unfortunately, my decision to have Phil deliver the Macworld keynote set off another flurry of […]