iPhone app developer Jason Ting make $ 1,400 with iAds in one day.

iPhone app developer Jason Ting reveled that in just one day, iAds generated almost $1,400 in revenue for his free iPhone 4 app.

Yesterday, Ting’s app was unleashed on the App Store. It’s a program that lets you turn your iPhone’s flash  a new feature for the iPhone 4 into an LED flashlight at will. While the app did solidly on its first day of sales, what impressed Ting most were the stats for the free, iAd-supported version.

Ting reports that the free app alone generated $1,372.20 in revenue on Day One. The app’s eCPM (that’s “effective cost per thousand,” meaning the amount of revenue you earn per 1,000 impressions) was a whopping $147.55 — for those of you who don’t work in advertising, this eCPM is highly unusual.

iPhone app developer Jason Ting make $ 1,400 with iAds in one day.

Starting a business is faster in India than China

It takes as many as 46 days for a foreign company to set up business in the country, which is faster than in countries like China and Brazil but far longer than the 7-14 days it takes in the US and Britain, says a World Bank report.

Even among the BRIC (Brazil, Russia, India and China) nations, Russia has an edge as it takes just 31 days for starting foreign-owned business, said the Bank's Investing Across Borders (IAB) 2010 Report that covers 87 countries.

It takes 166 days for foreign companies to set up shop in Brazil and 99 days in China.

Starting a business is faster in India than China

Captalist Apple to enter Communist China for Market Push.

In China, most fans of apple's products here have been buying their iPhones, iPods and Mac computers from smugglers who operate through underground electronics markets. The company has few sales outlets in the country and only one Apple Store, a branch in Beijing.

Apple set to open a flagship Saturday in Shanghai, one of its largest stores in Asia to raise its profile in the world’s biggest mobile phone market and tap more directly into China’s fast-growing consumer electronics market.

Apple intends to open 25 retail stores in China over the next two years, starting with the Shanghai outlet, which it previewed for reporters Thursday.

Captalist Apple to enter Communist China for Market Push.

Rs 13,000 crore Economic loss was Estimated dur to Bharath Bandh.

Bharat Bandh on Monday partially disrupted economic activities with commodity markets and the transport sector taking a hit in many parts of the country, and the industry pegged losses at up to Rs 13,000 crore.

While Mumbai, the financial capital of the country, and several industrialised states including Maharashtra, Gujarat, were affected, the impact was partial in many other states like Tamil Nadu and in the national capital Delhi.

The 12-hour strike was called by the Opposition parties to protest the fuel price hike and rising inflation.

"The bandh is estimated to have cost the nation close to Rs 13,000 crore in terms of GDP loss," industry chamber FICCI said in a statement. Another industry body Assocham put the losses at Rs 10,000 crore, while CII pegged it at Rs 3,000 crore.

Rs 13,000 crore Economic loss was Estimated dur to Bharath Bandh.

Buffett donates $1.93 Billions to charities

Billionaire investor Warren Buffett has donated $1.6bn (£1.05bn; 1.5bn euros) to the charitable foundation created by Microsoft founder Bill Gates and his wife Melinda.

In all, he donated shares worth $1.93bn to five foundations.

The rest went to foundations set up in the name of Mr Buffett's late wife, Susan, and their three children.

Mr Buffett, who owns the investment company Berkshire Hathaway, pledged in 2006 to give away 99% of his wealth.

This year's donation is higher than the figure of $1.5bn donated in 2009 because Berkshire Hathaway has improved its performance.

Buffett donates $1.93 Billions to charities

Android tablet from Cisco named CIUS

The networking equipment maker unveiled the Cius a lightweight, 7-inch tablet based on Google Inc's Android operating system.

Cisco is pitching the Cius, which will work over both short-range WiFi and high-speed mobile wireless networks, as a collaboration and communication device for enterprises.

Android tablet from Cisco named CIUS

Foursquare Raises $20 Million, now its worth $95 Million.

According to AllThingsD, the funding totals $20 million and values the company at $95 million.

This news has been anticipated for some time, especially following a tweet from Co-founder Dennis Crowley late last week that included a link to Flickr photos of Foursquare’s soon-to-be upgraded New York office space.

This news puts to rest rumors that Foursquare would be acquired by Facebook or Yahoo.

Foursquare Raises $20 Million, now its worth $95 Million.

iPhone 4 parts are very costly.

The iPhone 4 went on sale June 24. After taking this latest Apple gadget apart and identifying the components, iSuppli estimated the cost of the parts totals $187.51. That's more than the $170.80 iSuppli estimates for the cost of the materials inside the iPhone 3GS, Apple's last-generation smart phone.

The estimates don't include manufacturing, software, marketing and other costs.

The priciest part of the iPhone 4 is the new, higher-resolution LCD screen, which iSuppli estimates carries a cost of $28.50. Flash memory, which has been in short supply, costs $27. Apple's processor, which was manufactured by Samsung, according to iSuppli, costs $10.75, and the capacitive touch screen costs $10.

iPhone 4 parts are very costly.

Microsoft say I am the Boss.

Apple Inc might be giving a hard time to Microsoft, but it wanna shows that it is still the Boss.

So Microsoft revealed some numbers to serve as a reminder:

• 150 million Windows 7 licenses sold

• 7.1 million projected iPad sales in 2010

• 58 million projected netbook sales in 2010

• 355 million projected PC sales in 2010

• less than 10% of US netbooks ran Windows in 2008

• 96% of US netbooks ran Windows in 2009

• 16 million subscribers to the largest 25 US daily newspapers

• 14 million Netflix subscribers

• 23 million Xbox live subscribers

• 173 million Gmail users

• 284 million Yahoo Mail users

• 360 million Windows Live Hotmail users

• $5.7 billion Apple net income for fiscal year ending in Sept 2009

• $6.5 billion Google net income for fiscal year ending in Dec 2009

• $14.5 billion Microsoft net income for fiscal year ending in June 2009

Src: [microsoft_blog]

Microsoft say I am the Boss.

Anil Ambani to create World's Largest Telecom Infrastructure.

Anil Ambani-backed Reliance Communications and GTL Infrastructure have agreed on a Rs 50,000 crore deal to create the world’s largest independent telecom infrastructure company, which would not be controlled by any telecom operator.

Under the deal, the telecom towers of Reliance Infratel, in which Reliance Communications holds a 95 per cent stake, would be merged with GTL Infrastructure, which offers infrastructure services to wireless telecom operators.

The deal is expected to close within six months. The combined entity would have 80,000 towers and over 1.25 lakh tenancies.

Anil Ambani to create World's Largest Telecom Infrastructure.

World's largest gold coin fetches $4m at auction.

The largest gold coin in the world has been sold for $4m (£2.6m) at an auction in Vienna.

The Maple Leaf coin measures 53cm (21in) in diameter, weighs 100kg (200lb) and is listed in the Guinness Book of Records.

The coin was bought by a Spanish precious metal company on Friday, the auction house Dorotheum said.

The auction had been ordered by the administrator of an Austrian investment group that had gone bankrupt.

World's largest gold coin fetches $4m at auction.

Coca-Cola Promoted Trend Garners 86 Million Impressions on Twitter

In just 24 hours, Coca-Cola’s first Promoted Trend garnered 86 million impressions and an engagement rate of 6%, according to the company’s Global Interactive Marketing Vice President Carol Kruse in an interview with The Financial Times.

Coca-Cola is the second company to reach Twitter audiences by advertising as a Trending Topic on Twitter.Coca-Cola is the second company to reach Twitter audiences by advertising as a Trending Topic on Twitter. First was Disney Pixar Toy Story 3

Coca-Cola Promoted Trend Garners 86 Million Impressions on Twitter

How much did Apple Gain this Year ?

Surely apple's Steve Jobs know how to sell the products and use to the World Media for his advantage.

Wasted claims that people wasted $28 billion and still counting.

Here’s a breakdown of our annual Apple waste in U.S. dollars as of today:

• $1.3 billion wasted on iPads
• $7.4 billion wasted on iPhones
• $7.8 billion wasted on Macs
• $9.5 billion wasted on iPods

How much did Apple Gain this Year ?

Hear India, India Rupee to get its own version of Currency Symbol.

Today(24/06/2010) India Cabinet is set to approve the symbol which is going to represent Indian Currency. This announcement was made by, the finance minister Pranab Mukherjee in his budget speech.

"In the ensuing year, we intend to formalise a symbol for the Indian rupee, which reflects and captures the Indian ethos and culture," Mukherjee had said then.

The shortlisted design apparently plays on the Hindi letter 'R' with a double-slash. The FE designers have conceptualised the design here.

The government has already shortlisted five entries after a pan-India open contest which was advertised by the finance ministry in February 2009. According to the terms of this contest, the winning design will become the property of the government of India and the winner will have to surrender the design copyright to in lieu of Rs 2.5 lakh.

Hear India, India Rupee to get its own version of Currency Symbol.

Google 'activating 160,000 Android phones a day'.

Google is now activating 160,000 mobile phones using its Android software a day, equivalent to 4.8m a month, according to the company's chief executive, Eric Schmidt.

The number is also accelerating, having been put at 100,000 a day in the third week of May during Google's annual I/O conference, Schmidt said – indicating sales growth of 60% per month.

"We have seen a tremendous increase in adoption," Schmidt said in an interview exclusive to the Guardian in the UK. "We've also seen a growth in the number of apps available for Android – there are now approximately 65,000 compared to only 50,000 a month ago." He believes that that means Android could have reached the volume necessary to become an essential mobile operating system – and perhaps the equivalent of Windows on PCs.

Google 'activating 160,000 Android phones a day'.

Now Asians are wealthy then Europeans.

The wealth of rich Asians has surpassed Europe's millionaires for the first time as the region's stock and property prices rebounded from the global recession, a report showed on Wednesday.

The wealth of Asia's high net worth individuals — those with liquid assets of at least $1 million — jumped 31 per cent last year to $9.7 trillion, surpassing Europe's $9.5 trillion, according to a report by Merrill Lynch Wealth Management and Capgemini. For the first time, the size of Asia's rich population equaled that of Europe at 3 million.

"The star performer was Asia-Pacific, the only region in which both macroeconomic and market drivers of wealth expanded significantly in 2009," the report said.

Now Asians are wealthy then Europeans.

Google plans to build up Music Serive with Serchable.

According to Wall Street Journal, google is planing to formally enter into the Music Business and is said to be in talk with Music Industry Giants.

Google Music store might be made for Android driven phone and for the Web and later be expanded to other medium. But it might take few months to come out.

The discussions come as the Mountain View, Calif.-based search company has been ramping up on entertainment content. Google is also moving to add professional content on its YouTube video site, and is planning to roll out a digital bookstore this year.

Google plans to build up Music Serive with Serchable.

No pay raise for the British queen: report

London: A financial crisis is a great leveller. Proposed spending cuts by the British government are to affect the queen's annual bursary too, according to a media report.

The government may announce a one-year freeze in the Civil List, a settlement under which the queen receives money from parliament every year to perform her public duties.

Currently, the annual payment stands at 7.9 million pounds. The settlement is increased every decade, but this amount has remained frozen since 1990.

No pay raise for the British queen: report

Paid-content system for publishers by Google may be coming by year-end

Google which had hinted for nearly a year now that it was working on building some sort of paid content system for publishers, is reportedly set to launch such a system by year-end. According to a report in the Italian newspaper La Repubblica, Google is now reaching out to publishers to get them to sign up for the system, which it is calling Newspass.

Google wouldn't confirm the La Repubblica report, saying "we don't pre-announce products and don't have anything to announce at this time." But the Newspass system - at least from the translation of the La Repubblica article - appears to have many elements of a paid content proposal Google made to the Newspaper Association of America last fall. Back then, Google said it was "uniquely positioned to help publishers create a scalable e-commerce system via our Checkout product and also enable users to find this content via search - even if it's behind a paywall."

Paid-content system for publishers by Google may be coming by year-end

Virgin America Offers Free Flights to Twitter Influencers.

Virgin America has partnered with Klout, an analytics service that tracks users’ influence on Twitter (based on variables such as the quality and number of followers and retweets), to extend free flights (plus tax) to influencers in Toronto.

The offer includes free round-trip airfare (Wi-Fi included) between Toronto and San Francisco (SFO) or Los Angeles (LAX) between June 23 and August 23. Those who received invitations for the offer — whether or not they decide to accept the flight that comes with it — were also invited to Virgin America’s Toronto Launch Event on June 29.

Klout measures data through user-created content, indicating influence through interaction and size of networks. It then tabulates a score as its influence metric through 25 variables broken into three categories: True Reach, Amplification and Network Scores.

Virgin America Offers Free Flights to Twitter Influencers.