Showing posts with label News. Show all posts
Showing posts with label News. Show all posts

Tuesday, October 16, 2012

FlipKart Venture Funds, Revenue and Spend

Funds for FlipKart.com


Series D Funding (2012) – Expected USD 150m (Not disclosed yet)

MIH (Naspers - South Africa)
http://www.naspers.com/

ICONIQ Capital (CA, USA)
http://www.iconiqcapital.com/


2011 - 2012

Tiger Global Management - USD 31m

Series C funding (2011)

Tiger Global Management - USD 20m

2010

Tiger Global - USD 10m

2009

Accel India - Undisclosed
Capital Investment by the Bansals - INR 4 Lakhs


REVENUE

2011 – 2012 Revenue

INR 500 Crores

2010 – 2011 Revenue

INR 75 Crores

2009 – 2010 Revenue

INR 20 Crores

2008 – 2009 Revenue

INR 4 Crores


LARGE SPENT

2012 – Acquired LetsBuy.com for USD 25m (estimated)


Wednesday, June 06, 2012

A Milestone for Internet: World IPv6 Launch Today (6th June 2012)


World IPv6 Launch Solidifies Global Support for New Internet Protocol

Top websites, Internet service providers, and home networking equipment manufacturers commit to largest transition in the Internet’s history.


Committed ISPs are:

  • AT&T
  • Comcast
  • Free Telecom
  • Internode
  • KDDI
  • Time Warner Cable
  • XS4ALL


Committed equipment manufacturers are:

  • Cisco
  • D-Link
Web companies participating in World IPv6 Launch will enable IPv6 on their main websites permanently beginning 6 June 2012. Inaugural participants are:
  • Facebook (www.facebook.com)
  • Google (www.google.com)
  • Microsoft Bing (www.bing.com)
  • Yahoo! (www.yahoo.com)
Content delivery network providers Akamai and Limelight will be enabling their customers to join this list of participating websites by enabling IPv6 throughout their infrastructure.

As IPv4 addresses become increasingly scarce, every segment of the industry must act quickly to accelerate full IPv6 adoption or risk increased costs and limited functionality online for Internet users everywhere. World IPv6 Launch participants are leading the way in this effort.

For more information about World IPv6 Launch, products, and services covered, as well as links to useful information for users and information about how other companies may participate, visit:


Friday, March 16, 2012

Google to introduce Semantic Search with AI touch

AI is not new at Google but this is a major roll out of search mechanism and result presentation. Many sites may pushed down where Google to display content or in other words answers to user searched queries.

For instance, query "what is the time in Chennai now" will display the actual time followed by list of websites related to the keywords (time, Chennai, etc). But not just this AI but Semantics where it relates every important word to each other to identify relations and present results more meaningfully like a human.

Google revised its search logics with AI (Semantic Search)


Possibly, Google want to increase time-on-site and compete with its next level competitors like Facebook and Twitter which claims more time-on-site.

Prior search results were delivered based on keyword as primary aspect with many other aspects. Now, Semantics will be the primary aspect and others will continue to contribute.

But list of search results vary because of the major change in the primary aspect. Now uncivilized! (non-standardized) HTML codes should be re-coded to adhere semantic structure to get listed on Google Search Result Pages (SERP). HTML5 comes with out-of-the-box solution for Semantic document.

Few of the AI algorithms are rolled out already the above screen shot is an example of the same. However the full roll-out is expected to be a major revision in the search engine and Amit Singhal of Google said it is estimated as a year-long process.

Read more about Semantic Web:
http://www.w3.org/standards/semanticweb/
http://semanticweb.org/wiki/Main_Page
http://www.lrmi.net/


Thursday, October 06, 2011

Steve Jobs - The i Genius

Steve Jobs, the i Genius, co-founder of Apple Computers, passed away last night. I really miss him as a tech brain and a genius business man who brought world a new way of computing.


Steve Jobs on Apple Home Page Today

Remembering Steve

Steve Jobs on Apple Home Page

Top 3 Companies by Market Share in NASDAQ (USA)
  1. Apple Inc - $350.67 Billion
  2. Microsoft - $216.91 Billion
  3. IBM - $211.21 Billion
Read more about Apple & Steve Jobs on wikipedia

What's inside the link?
Steven Paul "Steve" Jobs (February 24, 1955 – October 5, 2011) was an American computer entrepreneur and inventor. He was co-founder, chairman, and chief executive officer of Apple Inc. Jobs also previously served as chief executive of Pixar Animation Studios; he became a member of the board of directors of The Walt Disney Company in 2006, following the acquisition of Pixar by Disney. He was credited in Toy Story (1995) as an executive producer. Click here to read more