Obama is millionare but not that much rich.

US President Barack Obama's personal net worth is just $ 5 million: the lowest for any American President in five decades.

The last time a US President had a lower net worth than Obama was Harry Truman (1945-53) with less than $ one million, says a list compiled by The Atlantic magazine.

"Obama is the grandson of a goat herder. He is a former constitutional law professor and civil rights attorney. Book royalties constitute most of Obama's net worth," the US magazine said.

Obama, who took over as President in 2008, has fortunes to the tune of $ 5 million. In comparison, George W Bush, who was the President from 2001-08, had a net worth of $ 20 million while his predecessor Bill Clinton's fortune is estimated to be worth $ 38 million.

Obama is millionare but not that much rich.

BlackBerry or Apple, which is best for business users ?

The BlackBerry's full Qwerty keyboard and push email has made it a firm favourite with businessmen and bankers worldwide. But the dominance of Research in Motion's devices could be under threat from Apple's iPhone.

British bank Standard Chartered has just announced that it is migrating its workforce from BlackBerrys to iPhones. Workers will now be offered a choice between either handset, or will be allowed to switch if they currently use a Blackberry. Given the scale of the company, which has some 75,000 employees, it could signal the beginning of a major shift in handsets for businessmen worldwide.

BlackBerry or Apple, which is best for business users ?

Google to stop selling nexus one offline.

Google in it's official blog stated that it will no longer sell its Nexus One smartphone through its web store. Instead it will sell through its Retailed Outlets.

In it's blog it said that the web store, which opened in January this year, had not lived up to its hopes.

Google Engineering vice-president Andy Rubin said in a blog post that the web store had "remained a niche channel for early adopters".

Mr Rubin added: "It's clear that many customers like a hands-on experience before buying a phone."

Google to stop selling nexus one offline.

Oracle wants to beat IBM: CEO-Inteview

Self-made billionaire Larry Ellison has built Oracle Corp into one of the world's most powerful technology companies through a series of ambitious acquisitions.

In a recent interview with Reuters, Oracle CEO Ellison talked about competing against IBM and EMC Corp, plans for more acquisitions, how Salesforce.com is too expensive, litigation against SAP and possible succession plans at Oracle.

Q. Now that you're selling both software and hardware, what is your acquisition strategy?

A. You will see us make acquisitions in almost every area. Maybe not so much database anymore, though even around the peripheries of the database. You will see us make acquisitions in storage, networking, all sorts of low-level software management tools and applications in a great variety of industries.

Oracle wants to beat IBM: CEO-Inteview

Obama blames India and China for petrol price rise

Here is the Obama accusing the developing, i mean rapidly developing nations like China and india for the rise of petrol price. He accuses that rise in demand of petrol because the people out in china and India are buying cars.

"Because one of the things, obviously, that we have to recognise is, is that no matter what we do, oil prices are going to be going up over the long term," he said choosing his first visit to recession-hit Buffalo in upstate New York to plug for public transportation.

Obama blames India and China for petrol price rise

ATM type machine which montior gold data and offers gold coins

Its a brain child of a German entrepreneur, Thomas Geissler, who began testing the cash-for-gold machines in his native country in 2009.

The Abu Dhabi debut on Wednesday is billed as the first international foray for Geissler's "Gold to Go" brand.

The ATM-style kiosk in the Emirates Palace monitors the daily gold price and offers small bars up to 10 grams or coins with customized designs.

The unveiling was timed well. Gold hit a record high Wednesday of more than $1,245 an ounce.

Abu Dhabi was chose because of its high-rolling atmosphere and the region's traditional ties to gold in commerce, says Geissler.

Src: [ndtv.com]

ATM type machine which montior gold data and offers gold coins

Microsoft Office 2010 takes aim at Google Docs

Article appeared on news.bbc.co.uk.

Microsoft is preparing to launch its latest weapon in its ongoing battle with Google.

The software giant will launch its flagship product Office 2010 to businesses on 12 May.

Microsoft Office 2010 takes aim at Google Docs

Nokia sues Apple over iPad, iPhone patents

Now its my turn says Nokia. You might had heard apple suing htc, google over its patent now its the finnish firm chance to sue to apple makers.

Article appeared on ibnlive.in.com

Helsinki: Nokia, the world's top handset maker, broadened its patent fight with Apple Inc on Friday to include the iPad, deepening the bitter legal disputes between the two smartphone rivals.

The firms turned to the courts in the last year as Nokia battles Apple, which only entered the cellphone business in 2007, but has taken a sizeable share of the fat-margined, fast-growing smartphone market.

The Finnish firm, on the other hand, has shed market share in smartphones along with margins and stunned investors last month by delaying its new software upgrade for phones, seen as key in its struggle with Apple.

Nokia sues Apple over iPad, iPhone patents

Is Google facing the heat ??

Hyped Talk exculsive.

(click images to expand)

google makeover image

So what do you think, is google facing the heat from the other Internet giants? ? Though it is in the top position having market share(search) of 65 % and Microsoft's Bing increasing popularity and eating away the share of Google and Yahoo share.

Is Google facing the heat ??

iPad global launch date confirmed by Apple

Article appeared on news.bbc.co.uk

Apple has announced that its iPad tablet computer will go on sale in nine countries outside the US on 28 May.

The new markets are Australia, Canada, France, Germany, Italy, Japan, Spain, Switzerland and the UK.

The cheapest model will retail at £429 in the UK. The same version in the US costs $499 (£337).

Part of the difference in price is due to British VAT and US sales tax. The same model before tax costs £37 ($55) more in the UK.

The consumer gadget was launched in the US domestic market on 3 April, but Apple had to delay deliveries to international consumers.

iPad global launch date confirmed by Apple

Nintendo looks to restore magic with 3D console

Article appeared on deccanchronicle.com

Nintendo on Friday brushed off suggestions its magic may be fading despite declining sales of its Wii console, as it prepares to unveil a handheld 3D device it hopes will drive a new gaming revolution.

President Satoru Iwata remained tightlipped about the much-awaited gadget, tentatively know as the "3DS", only saying it will offer a whole new gaming experience to players.

He also shrugged off suggestions that Nintendo has passed the peak of its growth after the company announced its first decline in annual profit for the first time in six years Thursday on slowing sales of its Wii and DS devices.

Nintendo looks to restore magic with 3D console

Luxury Mercedes-Benz EC145 Helicopter

Its Time for the luxury and the futuristic flying with Mercedes-Benz, ya you heard right flying with Mercedes-Benz. Upto now you are familiar the Mercedes-Benz>>Luxury cars but now it time for the luxury flight.

Luxury Mercedes-Benz EC145 Helicopter

Picasso Sells at Auction for $106.5 Million, a Record for a Work of Art

Article appeared on artsbeat.blogs.nytimes.com

A painting that Picasso created in a single day in March 1932, “Nu au Plateau de Sculpteur (Nude, Green Leaves and Bust),” sold for $106.5 million, a world record auction price for a work of art, at Christie’s Tuesday night. The painting, more than 5 feet by 4 feet, shows Picasso’s mistress Marie-Thérèse Walter, both reclining and as a bust. Picasso’s profile can be discerned in the blue background.

The painting broke the record price for a work of art set in February when a Giacometti sculpture, “Walking Man I,” was sold for $104.3 million at Sotheby’s in London. Bidding for the Picasso lasted 8 minutes and 6 seconds; there were six bidders. Nicholas Hall, an expert at Christie’s, took the winning bid by telephone. He declined to say who he was bidding for.

Giacomettis were also selling well on Tuesday night. “Grande Tête Mince,” a distinctive narrow bust, was bought by Guy Bennett, a private New York dealer, for a final price of $53.3 million, well over its estimate of $25 million to $35 million. “Le Chat,” an elongated bronze cat, sold for $20.8 million. And “La Main,” an outstretched arm and hand with fingers spread wide, went for $25.8 million in about six and a half minutes of bidding. It had been expected to bring $10 million to $15 million.

Picasso Sells at Auction for $106.5 Million, a Record for a Work of Art

Microsoft's Internet Explorer losing browser share

Article appeared on news.bbc.co.uk

Microsoft's Internet Explorer (IE) web browser, now accounts for less than 60% of the market, down from 95% at its peak in 2003, according to new figures.

Latest statistics, from measurement firm NetApplications, show that IE has 59.9% of the market, with Firefox gaining on it, with 24.5%.

While third-place Google Chrome's 6.7% share of the market looks tiny by comparison it is rising sharply, up from just 1.7% this time last year.

Microsoft's Internet Explorer losing browser share

Apple Sells 1 Million iPads, Outdoing First iPhone

Article appeared on nytimes.com

CUPERTINO, Calif., (AP) : Apple Inc. said Monday that is has sold 1 million of its new iPad tablet computers in the month after its launch, meaning it's been selling more than twice as fast as the iPhone did when it was new.

Apple said it reached the milestone on Friday, when the new 3G model of the iPad was delivered to its first buyers. That model can access AT&T's cellular broadband network. The first models had only Wi-Fi access.

''One million iPads in 28 days -- that's less than half of the 74 days it took to achieve this milestone with iPhone,'' said CEO Steve Jobs. Demand keeps exceeding supply for the tablet, he added.

Apple Sells 1 Million iPads, Outdoing First iPhone

Japan to help India build ‘smart’ city

Article appeared on profit.ndtv.com

Having provided funds and expertise for the metro rail, Japan will now help India build futuristic smart city with minimal pollution, maximum recycling and consumption-efficient public transport system.

The project, which will also include 11 investment regions and 13 industrial areas, is being touted as the next big thing in the country's urban infrastructure space.After roads, ports and airports, now cities will be built via public private partnership.

Japan to help India build ‘smart’ city

Windows 7 now fastest-selling Windows OS

Article appeared on news.zdnet.com
By Tim Ferguston silicon.com

Just six months after its release, Windows 7 is now installed on one in 10 of the world's PCs, Microsoft has confirmed.

The operating system was launched on 22 October, 2009 and has gone on to sell more than 100 million licenses, making it the fastest-selling Windows OS in history according to Microsoft.

Windows 7 now fastest-selling Windows OS

Apple Buys Intrinsity, a Maker of Fast Chips

Article appeared on nytimes.com

Apple wants the fastest chip for its mobile devices and has bought another chip maker to gain an edge over its competitors.

Apple has acquired a small Austin, Tex., company called Intrinsity, known for making zippy versions of a computer chip often found in mobile devices. The deal, which closed late last month and was confirmed by Apple on Tuesday, shows the company continuing to try to gain an edge in the mobile device market by purchasing technology and chip experts.

Apple Buys Intrinsity, a Maker of Fast Chips

Indian American tops Forbes' '10 greenest billionaires'

Hurray thats great news :) .

Article appeared on timesofindia.indiatimes.com

WASHINGTON: Indian American Silicon Valley billionaire Vinod Khosla tops the list of 10 greenest billionaires chosen by Forbes "who are most active in green, sustainable causes and who are working to have the greatest impact."

The leading US business magazine said it found the top ten "are altruistic, yes, but most of them are also very much aiming to turn a profit" and they hail not just from the US but also from Israel, Germany and Canada.

Indian American tops Forbes' '10 greenest billionaires'

56 Indian firms in 'The Forbes Global 2000'

China with 113 members and India with 56 members gained the most ground in breaking into the exclusive club of "The Forbes Global 2000" - "the biggest, most powerful listed companies in the world".

The latest list of global giants released by the reputed US business magazine on Wednesday shows the corporate dominance of the developed nations is steadily receding. The rankings span 62 countries, with the US (515 members) and Japan (210 members) still dominating the list, but with a combined 33 fewer entries.

56 Indian firms in 'The Forbes Global 2000'