Satyam Review – Horrendous Nightmare Vishal’s new movie Sathyam, in which he dons the role of a police inspector, is releasing in the U.S. on Friday. One of the many podi pasanga (kids) in Tamil movies, Vishal is paired opposite that horror-show and non-actress Nayanthara in Sathyam. Directed by A. Rajasekhar, Sathyam also features Bramanandam and Kannada […]
We’ve long believed that most Indian software developers are fit only for Coolie, repetitive tasks. Ask them to develop a decent consumer or small business application and most of them fall flat on their face. Those with long memories will remember that even the “great” Tata Consultancy Services failed to make much headway with the EX accounting […]
Sony is acquiring German media company Bertelsmann’s 50% stake in music label Sony BMG, which will be renamed as Sony Music Entertainment Inc. (SMEI) for $1.2 billion. Sony CEO Howard Stringer said the acquisition would let Sony achieve deeper integration between the wide-ranging global assets of the music company and Sony’s products, operating companies and affiliates. […]
Struggling communications company Motorola has named Sanjay Jha its co-CEO and CEO of the Mobile Devices business. The Mobile Devices business has been a complete disaster for Motorola without any big hits after the Razr phone. Motorola’s Mobile Devices business reported an operating loss of $346 million on sales of $3.33 billion in Q2. Sales […]
Sun Microsystems, one of the worst IT companies in Silicon Valley, has turned in a lousy performance in its fiscal fourth quarter ended June 30, 2008. Ugly Summary of Sun’s Q4 Disaster: * Revenues were down * Profits were down 73% * Gross Margin was down * Product Revenues were down * Only service revenues […]
Anil Ambani’s Reliance Globalcom (a division of Reliance Communications) intends to provide content delivery network (CDN) services in India and has partnered with a U.S. company Internap Network Services for the underlying technology. The CDN services will let Indian businesses add graphics, audio, streaming video and live events to their Web sites and Internet applications. […]