25 Apr

Google Finally Launches Google Drive Cloud Storage Service

google drive

 

After months of speculation, Google has officially launched Google Drive today. Google Drive is a cloud based storage like Dropbox which would allow users to store free data up to 5 GB on Google’s servers.
Initially, the service is available for PC, Mac and Android devices and the support for iPhone & iPad would be added very soon.

google drive

What is Cloud Computing:

Cloud computing is the next stage and future of Internet evolution. It allows you access all the services from applications to business processes, software to storage, wherever & whenever you need. Cloud computing has completely revolutionized the way companies use technology to service customers and suppliers.
San Francisco-based Artis Capital, has been a pioneer in cloud computing venture capital investing since 2006, when it sold its stake in YouTube to Google. You can read a pretty good article about cloud computing myths here for more insights.

According to the company post – With Google Drive, you can:

1) Create and collaborate: Google Docs is built right into Google Drive, so you can work with others in real time on documents, spreadsheets & presentations. When you share content with others, you can also add & reply to comments on anything & receive notifications when other people comment on shared items.

2) Store everything safely & access it anywhere on the go: You can access all your stuff from anywhere—on the web, at the office, in your home, at the office,& from all of your devices. You can install Drive on your PC or Mac & can download the Drive app to your Android devices. The support for iPhone & iPad would also be added later.

3) Search everything: Google also introduces Optical Character Recognition (OCR) technology on Google Drive which can even recognize text in scanned documents. For instance, you upload a scanned image of an old magazine clipping. You can search for a word from the text of the actual article. Google also introduces Image recognition so that if you drag & drop photos from your Lake trip into Drive, you can later search for [Lake] & photos of that trip would pop up.

You can get started on Google drive with 5GB of storage for free. You can also choose to upgrade to 25GB for $2.49/month, 100GB for $4.99/month and 1TB for $49.99/month. When you upgrade to a paid account, your Gmail account storage will also expand to 25GB.
And to celebrate the launch of Google Drive, the free storage in GMail has been also increased from 7.5 GB to 10 GB.

What’s the Best Cloud Option?

There are many cloud options to store your data. Here’s the list of all cloud options with their features:

google drive comparison

So, What do you think of Google Drive? Is it the beginning of the end of Dropbox?

 

04 Feb

Future Unveiled: A Day Made of Touchscreen Glass ( Awesome Video )

a day made of glass

Corning Incorporated, the world leader in specialty glass and ceramics shared its vision for the near future in its video series “A Day Made of Glass”.
The video captured the imagination of millions with a glimpse into how glass, partnered with companion technologies, will help shape our everyday lives.

The first video “A Day Made of Glass ” was shared in 2011 which got more than 17 million hits on Youtube.

Today they shared the vision with another video “A Day Made of Glass 2”.
In the latest video, more explanation is being given how this technology is possible in the near future.

Watch it … To believe it..!!

02 Feb

Top 14 Famous Tech & Internet IPO Before Facebook

facebook ipo

The much anticipated IPO(Initial Public Offering) of Facebook is expected to take place next week and Facebook is hoping to raise at least $5 billion. If it happens, it would be the largest IPO ever for an Internet company.
But before that, let’s take a look at the Top 14 Famous IPO ever for a Tech or Internet Company:

1) Apple(1980): Apple Inc, founded by Steve Jobs and Steve Wozniak in April 1976, went for its Initial Public Offering (IPO) 4 years later on December 12, 1980.
When Apple went public in 1980, it generated more capital than any other IPO since Ford Motor Company in 1956 & instantly created more millionaires (about 300) than any company in history.
Several venture capitalists cashed out , reaping millions and billions in long-term capital gains. Apple offered its share at $22 & made approx. $100 million on the first day. The market value of the company currently holds at $425.61 billion.

2) Microsoft(1986): Microsoft which was founded by Bill Gates and Paul Allen on April 4, 1975 went public on March 1986. It offered its shares with an opening price of $21 and after the trading day, the price closed at $27.75.
The demand for shares forced company to offer around 3 million shares instead of the initial 2.5 million. The founders Bill Gates and Paul Allen held 45 & 25 percent of shares respectively at that time. The company currently has a market value of $247.78 billion.

3) Yahoo(1996): Yahoo which was founded on March 1, 1995 offered 2.6 million shares at $13 per share in its IPO on April 1996.
The company was only 1 year old before they went for IPO. The price closed at $33 on the first day, which gave the company a market value of $848 million. The company raised $33.8 million in the IPO. Yahoo currently has a value of $19.19 billion.

4) Amazon(1997): Amazon, which founded by Jeff Bezos in 1994, went public on May 1997.
The company initially offered 3 million shares at price of $18 per share & made a market value of $54 million on the IPO.
The market value of Amazon currently holds at $88.42 billion.

5) Barnesandnoble(1999): Barnes & Noble, Inc. is the largest book retailer in the United States, operating mainly through its Barnes & Noble Booksellers chain of bookstores.
The company which was originated in 1873 went public on May 24, 1999 and raised $450 million.

6) Infonet Services Corp(1999): Infonet Services Corporation(now part of BT Group PLC), is a provider of value-added global communications services, including IP VPNs, to more than 2,500 multinational clients.
The company went public on Dec. 15, 1999, and raised $1.08 billion.

7) Google(2004): Google which was founded on September 4, 1998 went public 5 years later on August 19, 2004 and offered 19,605,052 shares at a price of $85 per share.
The company raised a total of $1.67 billion which estimated the market value of the company to be $23 billion on the first day.
The market value of the currently holds at $188.61 billion.

8 ) Orbitz Worldwide Inc(2007): Orbitz Worldwide, Inc. is an Internet travel company headquartered in the Chicago.
The company went public on July 19, 2007 and raised $510 million.

9) Giant Interactive Group Inc(2007): The company is a leading online game developer & operator in China.
The company went public on Oct. 31, 2007, and raised $887 million.

10) Shanda Games Limited(2009): Shanda Games Limited is a leading online game developer, operator & publisher in China.
The company went public on Sept. 24, 2009 and raised $1.04 billion.

11) Renren(2011): Renren is China’s Facebook.
The company went public on May 3, 2011, and raised $743 million.

12) Yandex(2011): Yandex is a Russian IT company which operates the largest search engine in Russia with 64% market share in that country & also develops a number of Internet-based services & products.
Yandex ranked as the 5th largest search engine worldwide with more than 3 billion searches, or 1.7% of global search as of September 2011. The company went public on May 23, 2011 and raised $1.3 billion.

13) Groupon(2011): Groupon is a deal-of-the-day website that features discounted gift certificates usable at local or national companies.
The company was founded by Andrew Mason in 2008 and went public three years later on Nov. 3, 2011, and raised $700 million.

14) Zynga(2011): The latest addition to the IPO list is of Zynga. Zynga is a social network game developer located in San Francisco, United States.
The company was founded by Mark Pincus in 2007 went public four years later on Dec. 15, 2011,and raised $1 billion. In its IPO, the company offered shares at $10 per share. On the first day of its IPO the company traded as high as $11.50 per share but closed down 5% from its initial offering price at $9.50 per share for the day.

Source: Wikipedia, SiliconIndia & Renaissance Capital.

02 Feb

Amazon launches as Junglee.com in India [ Products’ Aggregator Service ]

amazon india junglee

Finally, Amazon India has started its operations in the country with Junglee.com, which was acquired by Amazon in 1998 from Indian entrepreneurs Rakesh Mathur & Ashish Gupta for around $230 million; it was a database product with two applications at the front end – a job aggregator & a comparison shopping engine.

amazon

Junglee is an online shopping service started by Amazon which enables customers to find, discover and read reviews about products from online & offline retailers in India & from Amazon.com. Existing Amazon users can login using their Amazon credentials. Users can then review products & even ‘Like’ products as well as sellers. The platform, which is still in beta, offers more than 1.2 crore products from over 14,000 brands & hundreds of retailers. Amazon lists Homeshop18, Gitanjali, Fabindia, Dabur Uveda, UniverCell, Hidesign, Microsoft India Store, Reebok, Amazon.com,etc. Users cannot directly buy anything from Junglee.com as FDI in India has not been allowed for multi – brand retail operations.

For the time being, sellers can list their products free of cost. But in the future, Amazon may charge 2-20% depending on the product.

Also Read: Flipkart Raises $150mn at a Valuation of $850mn

31 Jan

Firefox 10 is available for download now

firefox

Firefox has come a long way and esp. since the release of version 4 last year when they announced that they will follow a rapid update cycle. Today, Firefox has released the beta Version 10 and is available to download now. The company is following a 6-week update cycle.

The latest release includes lot of new features such as the inclusion of APIs for full-screen web apps, anti-aliasing for WebGL, extension management improvements and a forward button that hides itself until it has a function. The new version also marks the debut of the “Extended Support Release,” which targets the enterprises that don’t want to deal with the hassle of supporting a new browser every 6 weeks. “Extended Support Release” releases receive no updates apart from necessary security fixes, & will change versions once every seven releases, making the next release due around November.

In the other news, Google Chrome has replaced Firefox to become the second most used browser after Internet Explorer according to the recent statistics.

Click here to download Firefox 10 Beta.

31 Jan

Flipkart Raises $150mn at a Valuation of $850mn

flipkart store

Flipkart Online Services, which manages Flipkart.com has raised additional $150 Mn(around Rs. 750 crore) from its existing investors – Accel Partners & Tiger Global Management Llc in its 4th round of funding. The deal values Flipkart at around $850Mn(more than Rs. 4,000 crore) which is less than the expected valuation of $1 billion (Rs. 5,000 crore), according to the report on LiveMint.

FlipKart.com had initiated discussions for fund-raising in 2011 with PE firms, including General Atlantic & Sequoia Capital India. But the talks, however, failed because of differences over valuation.

Prior to this, Flipkart raised $20Mn in last June and $10 Mn in 2010 from Tiger Global Management , while Accel Partners had invested in the online company in late 2009. Collectively, the company has raised almost $31 Mn in three rounds of funding. The revenue of the company has also increased from Rs. 11.6 CR (in 2009-10) to Rs. 50 Cr last year.

Bangalore-based company was founded in 2007 by IIT Delhi classmates Sachin Bansal & Binny Bansal who used to work in Amazon before starting Flipkart.

FlipKart sells products in 12 categories comprising books, mobile phones, home appliances, computers, etc. & are planning to add more products in the future. It has more than 2 million registered users & sells 30,000 items a day.

I am a regular buyer of books and other products from Flipkart. No doubt, they are one of the best service providers in the online industry.

We wish the team all the best for the future expansion and growth.

07 Nov

News RoundUp: Firefox 8, Disney & Youtube, Tablets and Others

firefox

Firefox 8 is available to download now

The next version of Mozilla’s Firefox web browser will be officially released on Tuesday only, but users can download the update from Mozilla’s servers now.
Download the Windows version of Firefox 8 here
Or Visit this Link : ftp://ftp.mozilla.org/pub/firefox/releases/8.0/


Disney & YouTube Signed a Deal

Disney Interactive Media and YouTube have signed a deal to invest a collective sum of $10-$15 million to develop three original video series for distribution on Disney.com & YouTube.
Read full coverage here.


TabletWorld.in launched to offer online ordering service for Tablet PCs

TabletWorld.in has been launched to provide information & reviews on Tablet PCs from different brands.
The website is launched by Delhi based EasyTech Solutions and users can also buy Tablets from the site on discounted deals.

India to have 121 million internet users by December-end: Report

As per the annual I-Cube Report jointly published by IAMAI & IMRB, India’s internet user population is expected to touch 121 mn users by Dec. 2011 from 100 million in September this year.
Read full report here.

04 Nov

Groupon IPO values company at $ 12.65 Billion

groupon ipo

The group buying site Groupon Inc raised $700 million after increasing the size of its IPO.
The daily deals site company is now valued at $ 12.65 billion after increasing the offering to 35 million shares from 5 million shares and increasing the price of the share to $ 20 each from initial price range of $16 to $18.

This is the second largest IPO by an Internet company after Google raised $ 1.7 billion in 2004.

Groupon is a three year old company which sells discount coupons on services like spa treatments, gym, nose jobs, etc.

LinkedIn went public in May this year with a market value of $4.3 billion & was worth $8.4 billion at the end of trading Thursday.
Groupon Inc is expected to make its trading debut on the Nasdaq Stock Market under the symbol “GRPN” on Friday. Let’s see how market will react to Groupon shares.

“This is not Facebook where they can do no wrong,” said longtime IPO analyst Scott Sweet, the owner of IPO Boutique. He called Groupon IPO an “accident waiting to happen.”

03 Nov

Google’s new venture provides free websites to SME

google SME

Google India launched a new venture to help SME(Small and Medium Enterprises) in India to build their websites free of cost.

The new service ‘India Get Your Business Online’ initiative will offer a free domain name(.in), hosting services, customer email addresses & support free of cost for 1 year.
But after the 1st year, the users will have to pay nominal fee for domain & hosting renewal.

For the ‘India Get Your Business Online’ initiative, Google has signed a deal with Hosting & Domain Services provider ‘HostGator’, Federation of Indian Micro & Small & Medium Enterprises and ICICI Bank.

Visit www.indiatogetonline.in to view more details.

The users will have to submit their PAN details for verification of their business.

31 Oct

News RoundUp: Youtube, Blackberry, E-Commerce, Apollo & Others

youtube

Youtube launches Channels

Youtube is expanding their channels by introducing channels created by famous personalities from different fields like TV, music, film, sports, media companies or Youtube existing partners.
These channels will have something for everyone, whether you’re a sports freak, comedy lover, mom, a music fan or a pop-culture crazy fan.
For a sneak peak, click here.

RIM sets up facility in Mumbai to help Indian Government in surveillance efforts

RIM (Research In Motion) has set up a facility in Mumbai to help the Indian Govt in lawful surveillance of its services.
India Govt can submit the name of a suspect they want to investigate, & Blackberry will provide decoded messages for that person if it satisfies the legal authorization.
Last year, Indian govt threatened to shut down BB encrypted email & instant messaging services because it could not be wiretap because of its encrypted form.

Rs. 5 crore KBC winner fear of abduction?

Sushil Kumar who won the KBC big prize of Rs. 5 crore fear of abduction as he returns home to Bihar next week. The fear arises in the Sushil’s family because of the several abduction cases in the State.
This raise question on the CM Nitish Kumar efforts who claims that kidnap cases have reduced in Bihar during his tenure.

New Mobile Numbers Might Begin With 5,6 & 3

DoT forwarded a new proposal to issue new mobile numbers with digit 3, 5 and 6 that will free 2.75 billion mobile numbers. The initial proposal to issue 11 digit numbers has been put on hold for the moment.
The Telecom department(DoT) has also accepted the short-term solution from TRAI to issue nos in the 7 & 8 series that will free 650 million nos to meet the demands for next 2.5 years.

Apollo Hospitals launches robotic technology for stroke treatment

Apollo Group has launched “stroke Robot” that will provide quality care to the patients who are staying at remote places.The RP-7 remote presence Robot will help the doctors to monitor & guide the patients who are living in far places from cities itself.

It is the 1st such technology in India and US Food & Drug Administration is the only one to give a clearance for this device.

GNBIndia.com launched as a group buying ecommerce site for financial products

GNBIndia.com has been launched as a group buying website to get discounted deals on loan products.
Presently the service is only available in cities like Delhi/NCR, Jaipur and Mumbai.

24 Oct

Mumbai is the top internet using city in India: IAMAI Survey

 

top internet using city india

According to a recent survey conducted by IMRB & IAMAI(Internet and Mobile Association of India); Mumbai is the number one internet using city with 8.1 million users & 6.2 million active users followed by Delhi(NCR) with 6.2 million users & 5 million active users.
Kolkata is at the 3rd place with 3 million users and 2.4 active million users followed by Chennai, Hyderabad and Bangalore. Check out the full list of data of various cities:

internet users india

The report also confirms that internet is mainly dominated by youth aged between 18 to 35 years with young men, college students & working women.