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Microsoft buys online ad company

Friday, May 18th, 2007
SAN FRANCISCO: Microsoft said Friday that it would buy the online advertising company aQuantive for about $6 billion, the latest in a flurry of deals for online advertising firms by big Internet and media companies. The all-cash deal is Microsoft’s largest acquisition ever and comes with an unusually large premium, underscoring just how critical Microsoft believes the acquisition is to its troubled efforts to become a major force in the fast-growing Internet advertising business. The price, $66.50 a share, is 85 percent more than aQuantive’s closing stock prince of $35.87 Thursday. “It puts us in the game, if you like,” said Chris Dobson, head of global advertising sales at Microsoft. “If you ever had any doubt that Microsoft was going to be big in the online advertising space, this should make it clear that it will.” The deal comes on the heels of Google’s recent agreement to buy DoubleClick for $3.1 billion, as well as the acquisitions of RightMedia by Yahoo and 24/7 RealMedia by the advertising company WPP Group. Microsoft, which had tried unsuccessfully to buy DoubleClick, faced competition for aQuantive, but was determined not to be outbid this time, executives said in a conference call. Based in Seattle, aQuantive has several major businesses. Its Atlas unit competes with DoubleClick and is used by advertisers and publishers to deliver ads online when users visit a Web page. The company also owns AvenueA/Razorfish, a leading interactive ad agency, and other digital businesses. Microsoft has struggled to compete in the online advertising market, particularly against Google, which dominates the field. Until now, Microsoft has sold ads on its MSN portal and used a technology called AdCenter to sell ads linked to Internet searches, a booming business, and the cornerstone of Google’s power. But Microsoft’s share of the search business has steadily declined, limiting the effectiveness of AdCenter. With aQuantive, Microsoft will be able to help sell and broker ads on sites across the Web, a business that is seen as increasingly important as advertising continues to shift online. The acquisitions of DoubleClick and RightMedia by Google and Yahoo were also intended to bolster those companies’ efforts to sell and broker ads on myriad Web sites. Microsoft has asked regulators to scrutinize the Google-DoubleClick deal, which it said would reduce competition. But Brad Smith, Microsoft’s senior vice president and general counsel, contended that Microsoft’s acquisition of aQuantive would promote competition. Forecasters at ZenithOptimedia, a media buying agency, predict that Internet ad spending will total $31 billion globally this year, a 28 percent increase from last year. In terms of market share, the Internet has already passed outdoor advertising, and will pass radio next year, Zenith Optimedia says. “We’re going to see people taking tens of millions of dollars out of television advertising and putting it into online, and that’s what all these guys are betting on,” said Shar VanBoskirk, an analyst at Forrester Research. The boom in Internet advertising is also reshaping the advertising pipeline, with online media owners like Google, Yahoo and Microsoft’s MSN increasingly moving into areas that used to be dominated by advertising companies like Omnicom Group, WPP and Publicis Groupe. In the offline world, there has generally been a clear distinction between media outlets and advertising agencies, which create the ads and buy time or space to run them. On the Internet, that line has been blurred, with portals like Google increasingly pushing into “upstream” areas like media planning and buying. “We’ve suddenly got two different sides that are competing in the same area, in the advertising companies and the media owners,” VanBoskirk said. There are signs of friction as online media owners like Google, with their deep pockets, expand. Google’s agreement to buy DoubleClick was criticized by Sir Martin Sorrell, chief executive of WPP Group who said it could trouble marketers. “It raises issues about whether we are prepared to give Google data that’s very valuable,” he said last month as WPP gave a quarterly financial update. “Clients will be concerned over the access Google may have to information that is owned by them.” While companies like 24/7 and DoubleClick focus primarily on distributing Internet advertising to online media owners, aQuantive gives Microsoft some broader capabilities. In addition to the Atlas ad serving platform, it also creates ads and plans media strategy, among other things, moving Microsoft into areas in which Google has not yet staked out a claim. “Today’s announcement represents the next step in the evolution of our ad network from our initial investment in MSN, to the broader Microsoft network including Xbox Live, Windows Live and Office Live, and now to the full capacity of the Internet,” Microsoft’s chief executive, Steven Ballmer, said in a statement. source : google news http://blogs.mindbodynsoul.com http://www.mindbodynsoul.com Tags:

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Hamas ‘Mickey Mouse’ preaches resistance

Wednesday, May 9th, 2007
GAZA CITY, Gaza Strip - Hamas militants have enlisted a figure bearing a strong resemblance to Mickey Mouse to broadcast their message of Islamic domination and armed resistance to their most impressionable audience — children.
A giant black-and-white rodent — named “Farfour,” or “butterfly,” but unmistakably a rip-off of the Disney character — does his high-pitched preaching against the U.S. and        Israel on a children’s show each Friday on Al-Aqsa TV, a station run by Hamas. The militant group, sworn to Israel’s destruction, shares power in the Palestinian government. “You and I are laying the foundation for a world led by Islamists,” Farfour squeaked on a recent episode of the show, which is called “Tomorrow’s Pioneers.” “We will return the Islamic community to its former greatness, and liberate Jerusalem, God willing, liberate        Iraq, God willing, and liberate all the countries of the Muslims invaded by the murderers.” Children call in to the show, many singing Hamas anthems about fighting Israel. Palestinian Media Watch, an Israeli organization that monitors Palestinian media, said the Mickey Mouse lookalike takes “every opportunity to indoctrinate young viewers with teachings of Islamic supremacy, hatred of Israel and the U.S., and support of ‘resistance,’ the Palestinian euphemism for terror.” Israeli officials denounced the program Tuesday. David Baker, an official in Prime Minister Ehud Olmert’s office, said “there is nothing comic about inciting young generations of Palestinians to hate Israelis.” A spokeswoman from Walt Disney Co.’s headquarters in Burbank, Calif., did not immediately return messages asking for comment about the use of the Disney-like character. Yehia Moussa, a Hamas leader in the movement’s  Gaza Strip base, denied inciting children against Jews. “Our problem is not with the Jews. Our problem is with the (Israeli) occupation and the occupiers,” he said. The television station would not comment. A Gaza-based psychologist said the program proved that the culture of glorifying violence had penetrated mainstream society in the Palestinian territories, where dreams of Islamic dominion and animosity toward the U.S. and Israel are widespread. “It’s the fault of both (Israel and the Palestinians),” said Samir Zakkout, of the Gaza Community Mental Health Program. “There’s been a collapse of values. If I can kill my enemy, I can kill my brother.” The program is opposed by the Palestinian Broadcasting Corp., which is controlled by Hamas’ political rival — the        Fatah movement of Palestinian President Mahmoud Abbas. “I don’t think it’s professional or even humane to use children in such harsh political programs,” said Basem Abu Sumaya, head of the Palestinian Broadcasting Corp. “Children’s nationalist spirit must be developed differently.” Hamas loyalists launched the Al Aqsa satellite channel last year. Bearded young men read the news and Islamic music is layered over footage of masked militants firing rockets into Israel. The channel also broadcasts talk shows, programs about the disabled and cartoons. In addition, Hamas loyalists run at least five news Web sites, one newspaper — launched just last week — and a radio station.
source : assocciated press http://blogs.mindbodynsoul.com http://mindbodynsoul.com Tags:

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Gov. hasn’t reviewed Hilton fan petition

Tuesday, May 8th, 2007
LOS ANGELES - The many moods of   Paris Hilton shifted again when the jail-bound socialite rehired the publicist she blamed for her 45-day sentence.
 
Elliot Mintz confirmed to The Associated Press on Tuesday that he is again representing the 26-year-old socialite, who was ordered to report to county jail by June 5 for violating the terms of her probation in an alcohol-related reckless driving case. Mintz, 62, wouldn’t elaborate on why he reunited with Hilton. The publicist, whose clients have included John Lennon and        Bob Dylan, issued a statement Sunday night that he and Hilton had parted ways over an apparent “misunderstanding she received from me regarding the terms of her probation.” In a court appearance Friday, Hilton told the judge Mintz informed her it was all right to drive on a suspended license for work obligations. Mintz also testified Hilton believed she was allowed to drive. The judge called Mintz’s testimony worthless. Hilton — star of E! network’s reality show “The Simple Life” — has called the sentence unfair, and her fans have posted a petition on the Internet urging Gov.        Arnold Schwarzenegger to pardon her. “I feel that I was treated unfairly and that the sentence is both cruel and unwarranted and I don’t deserve this,” Hilton told photographers assembled outside her home Saturday. In an interview for the June issue of Harper’s Bazaar, Hilton says: “I get in more trouble just because of who I am. The cops do it all the time. They’ll just pull me over to hit on me.” “It’s really annoying. They’re like, `What’s your phone number? Want to go to dinner?’ They won’t even give me a ticket. They just pull me over, and the paparazzi, of course, take a picture. All the time. I have so many cops’ business cards.” The governor’s office hasn’t reviewed the petition but has received individual e-mails from constituents both for and against a gubernatorial pardon, Schwarzenegger spokesman Aaron McLear said Tuesday. “We’ll treat this as we would any other case of this nature, but it would be premature for the governor to get involved until the individual has exhausted his or her judicial remedies,” McLear said. The petition, which had more than 900 signatures by Tuesday morning, urges Schwarzenegger to pardon Hilton because she provides “beauty and excitement to (most of) our otherwise mundane lives.” Meanwhile, Hilton’s lawyers have filed a notice with the court indicating their intent to appeal the decision. The document is required before a formal appeal can be lodged. The latest installment of “The Simple Life,” which throws Hilton and pal        Nicole Richie, 25, into everyday situations, premieres May 28 on E! After famously feuding and filming their parts separately last season, the celebutantes reunite as camp counselors for the show’s fifth installment. source : yahoo news http://blogs.mindbodynsoul.com http://www.mindbodynsoul.com Tags:

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TIGER ROARS

Tuesday, May 1st, 2007
Anil Ambani CHAIRMAN  Reliance Communications Ltd., India’s second-largest mobile services firm on way to be Global number one , said on Monday quarterly profit more than doubled, beating forecasts, on higher usage in the world’s fastest-growing mobile market. Reliance Com , which gets more than 65 percent of its revenue from wireless subscribers, said it plans to spend over 100 billion rupees ($2.4 billion) in the current fiscal year that began on April 1 to expand its telecoms infrastructure. The firm, which had more than 28 million users at end-March, said net profit for the quarter grew 154 percent to 10.24 billion rupees, beating a Reuters survey of nine brokerages which forecast on average 9.02 billion. The company said it would take a decision in the next six months on “unlocking value” in its Reliance Telecom Infrastructure unit, and a potential listing of undersea cable unit Flag Telecom. “We have a number of options in front of us. Listing is one of those options,” Chairman Anil Ambani told reporters at a news conference. Strategic partnerships or private equity investment in these two units were also being considered, Ambani said. He added the firm would aim to sustain its expansion in operating margins, which grew to 40 percent in 2006/07 from 24 percent a year earlier. “We have seen margin expansion across the board … Our objective is for sustainability.” Revenue for the quarter rose almost 33 percent to 39.37 billion rupees, but fell short of market estimates of 40.86 billion. Larger rival Bharti Airtel Ltd. last week reported its quarterly profit almost doubled to 13.53 billion rupees. Ambani said the company would also decide in the next two months on outsourcing its network and information technology services to enhance the quality of service. “We are at a negotiating stage with all the global dealers,” he said, adding that the deal value would be “hundreds of millions of dollars.” India has 12 telecoms firms which offer fixed-line and mobile services on GSM and CDMA platforms. In February, Vodafone bought a controlling stake in unlisted Hutchison Essar, India’s fourth-largest cellular operator. “I don’t see Hutch going away and Vodafone coming in its shoes should not really make a very big impact on the telecoms sector,” Ambani said, when asked about how the company would tackle competition from Vodafone. Shares in Reliance Communications rose 3.7 percent to 477.10 rupees in a Mumbai market that closed 0.26 percent down. The shares fell 10.9 percent in the January-March quarter, pressured in part by a failed bid for Huchison Essar, compared with a 5.2 percent drop in the benchmark index. Source Reuters Universal News Suggestions Tiger WE love you and ask of you tokeep roaring loudly for BHARAT Prince Mohan http;//currentnewsaffairs.com   Tags:

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State records will be easier to view with Google deal

Tuesday, May 1st, 2007
Anyone who wants to check on the complaint records of a specific contractor or a day care center will find the task much easier as the result of a partnership between Google and the state of Arizona announced Monday. About 160,000 state documents that are public records but have been difficult to access online will appear prominently in Google and other search engines beginning this week, allowing computer users to find the records more easily than was previously possible through state government Web sites. The partnership was announced Monday by Gov. Janet Napolitano and Google officials at the Google offices in Tempe. Napolitano said the project will transform the way state government presents information to the public. “It eliminates a lot of the hassles and it simplifies the process of searching for Arizona records,” she said. “And it will be a way to make government even more transparent.” State agencies whose records will be accessible through the most commonly used search engines will be the registrar of contractors, the Arizona Health Care Cost Containment System, the Government Information Technology Agency, the governor’s office, and the departments of administration, health services, public safety and real estate. State job openings will also be available. Examples of specific information that will be more easily available are licensing records of day care centers held by the Department of Health Services and the licensing records of real estate agents held by the Department of Real Estate, officials said. The information will appear in the Google search engine results in a few weeks, said J.L. Needham, Google’s manager of public sector content partnerships. Previously, if a citizen wanted information on a real estate agent, the computer user would have to know the specific state Web site on which the information was held. Now a user will simply launch a search on that person through a commercial search engine such as Google, Yahoo! and MSN, and those search engines will take the user to the right page inside the state database. A person who is frustrated in trying to find information could revert to the time consuming method of calling an agency or going in person to a government office, Needham said. Thus the project should make state government more efficient, he said. “If government is creating information and putting it online . . . this information should be as easy to find as the address of your favorite restaurant,” he said. Arizona is joining California, Utah and Virginia in the first group of states to roll out the service. Needham said those states were chosen because they could adopt their records rapidly. He said the company hopes to expand the service to other states and more federal documents as well as to records of Arizona counties and municipalities. Answering criticism that the service could create privacy issues by making personal information more readily accessible, Napolitano said only state records that are already public will be available through the search engines. “We are making sure that the information available on the state databases is not the type of private information that would lead to identify theft,” she said. If the service is expanded to county government records, efforts will be needed to make sure the counties follow the same policy on personal information, she said. The service is being provided at no cost to the states. The process of making government records available to the search engine is relatively easy, requiring only that government technology managers submit information lists to Google that allow the search engine can “crawl” automatically to those pages, Needham said. Chris Cummiskey, the state’s chief information officer, said records from more state agencies will join the program over time. He said the state is interested in the effort because the public is increasingly using search engines to gain information about state government rather than going to the Web pages of state agencies. source : Google news http://blogs.mindbodynsoul.com http://www.mindbodynsoul.com Tags:

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California interchange collapses after fire

Sunday, April 29th, 2007
OAKLAND, Calif. — A section of freeway that funnels traffic off the San Francisco-Oakland Bay Bridge collapsed early Sunday after a gasoline tanker truck overturned and caught fire, authorities said. The heat from the fire was intense enough to melt part of the freeway and cause the collapse, but the truck’s driver walked away from the scene with second-degree burns. No other injuries were reported, which officials said was only possible because the accident happened so early on a Sunday morning. The truck driver took a taxi to a nearby hospital, Officer Trent Cross of the California Highway Patrol said. The tanker carrying 8,600 gallons of gasoline ignited around 3:45 a.m. after crashing into a pylon on the interchange, which connects westbound lanes of Interstate 80 to southbound I-880, about half a mile from the Bay Bridge’s toll plaza. A preliminary investigation indicates he may have been speeding as he navigated the curving road, Cross said. The fire melted a second interchange from eastbound I-80 to eastbound I-580 located above the first interchange, causing a 250-yard section of the roadway to collapse onto the roadway below, according to the highway patrol. Witnesses reported flames from the blaze reached up to 200 feet high. Late Sunday morning, the charred section of collapsed freeway was draped at a sharp angle onto the highway beneath, exposing a web of twisted metal beneath the concrete. The Bay Bridge consists of two heavily traveled, double-decked bridges about two miles long straddling San Francisco Bay. State transportation officials said 280,000 commuters take the bridge into San Francisco each day. Authorities said the accident on a highway interchange could take months to repair, and that it would cause the worst disruption for Bay Area commuters since a 1989 earthquake damaged a section of the Bay Bridge itself. (This version CORRECTS Corrects that freeway section funnels traffic off the bridge, instead of on)
source : ASSOCIATED PRESS http://blogs.mindbodynsoul.com http://www.mindbodynsoul.com Tags:

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Marriage - a bad Bollywood career move?

Wednesday, April 25th, 2007
She is a former Miss World, top Bollywood actress and one of the faces of international cosmetics firm L’Oreal. She has featured on the cover of Time magazine, and is one of the few Indian actors successfully to have crossed over into western cinema - her wax statue has even been placed in Madame Tussaud’s in London. So when the green-eyed beauty, Aishwarya Rai, decided to marry the eligible bachelor and rising star Abhishek Bachchan, the news made world headlines. There has been a frenzy of interest in her marriage to him on Friday. But once the last of the confetti has fallen, Ms Rai may well discover that there is little compatibility between her glittering career and tying the knot. The problem is that Bollywood does not take kindly to actresses getting married. Wedding bells usually sound the death knell for most acting careers, and if the hard truth is that a married woman in her 30s can, in most cases, bid farewell to the silver screen. Some critics say it’s better she stops acting now before a lack of roles forces her to quit anyway. But a woman of Ms Rai’s beauty and status is unlikely to disappear quietly. Film critic Indu Mirani told the BBC website that her options may now change.
“Bollywood is changing and where married actresses did not get any decent roles, now they are getting offers to play mature parts. “Aishwarya will certainly not be shunted out of the industry but she can no longer do any of the roles that other single actresses still can,” she said.
The couple will not be short of options once the festivities are over Advertising representative Prahlad Kakkar says that she and Abhishek Bachchan could - if they want to - take advantage of the fact that they enjoy a huge fan following. He says that India is an emotional country where people have few real or imaginary heroes. “The couple are like the fairytale prince and princess of this country,” he says. “So the first lady of films, marrying the young prince of the first family of films, it’s magical and everybody wants to touch that magic because they feel it’s going to be very lucky for them, so they want to be part of the whole jamboree.” Mr Kakkar points out that together the pair could be a great - but expensive - asset for advertisers. But he cautions that the audience may not take immediately to products which they endorse. “Let’s see if they actually do it or not, because to put them together and fit them in a product and suddenly, from a goddess, she becomes a housewife, and from a young teenage idol, he becomes a husband, it’s going to be a bit of taking to in terms of their transition,” he said. Product endorsements are a big source of income for actors and actresses who charge millions of dollars to lend their names and faces to ad campaigns. For most advertisers aiming to draw in consumers in India, the first choice of brand ambassador is usually a cricketer or a Bollywood actor since Indians are great fans of cricket and Hindi films.
players and film stars enjoy demi-god status and are big icons for the common man. Aishwarya Rai is one of the top brand ambassadors in the country, while Abhishek Bachchan is the face for Motorola phones. Brand consultant Santosh Desai says that the pair cannot be guaranteed to succeed in advertising in the same way as another Bollywood couple, Kajol and Ajay Devgan. They are in constant demand and have recently advertised an international household appliance company as well as an Indian telecoms company. “I think they should pretend like the wedding never happened when it comes to endorsing products,” he told the BBC website.
“Aishwarya Rai has this air of royalty about her, she is like the princess to the manor born, an ice maiden who is unattainable. “Abhishek Bachchan is the likeable, cool guy who is unaffected by where he comes from - that is his appeal. “If the two come together, then there will be a sense of domesticity and normalcy about them. The air of mystique will disappear and that will take some of their allure away.” But most agree that is a pessimistic assessment. Even if things do go wrong, Abhishek Bachchan can derive inspiration from his father Amitabh Bachchan’s career. It picked up dramatically after his marriage to the top actress at the time Jaya Bhaduri. We will see if this turns into a case of history repeating itself.   source : BBC News http://blogs.mindbodynsoul.com http://www.mindbodynsoul.com
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Peter Drucker

Tuesday, April 24th, 2007
Business , that’s easily defined - It’s other Peoples’ money . Peter Drucker Management Guru http://news.hinduworldtoday.com Tags:

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WEB EXPLOSION IN INDIA

Monday, April 23rd, 2007

 

THE PLUSES  

1. Indians internet users have multiplied from just 2.5 million in 2000 to 37 million now.  

2. India’s internet usage has grown the fastest in the world at 33% way ahead of Russia’s 21% and china’s 20 %  

3. In 2006, venture capitalists (VC’s) struck 30 deals worth a total of 200$ million compared to $ 36 million in seven deals in 2005.  

4. In the first four months of 2007, VC’s have already invested $ 13 million in five companies.  

THE MINUSES  

1. India does not figure in the top countries in terms of average monthly hours spent online per unique visitor.  

2. Indians spend most of their time on the internet chatting or checking mail, e-commerce is still in a nascent stage.  

3. Too many ‘me –too’ companies means that innovative ideas many not get funded when they need it the most in their early stages.  

http://blogs.mindbodynsoul.com  

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Bollywood’s Bachchan, Rai wed in Hindu ceremony

Saturday, April 21st, 2007
 Abhishek Bachchan and Aishwarya Rai, one of Bollywood’s best-known screen couples, married on Friday in a traditional Hindu wedding in which the groom rode a white horse before the pair took their vows around a sacred fire. The ceremonies concluded three days of celebrations at the actors’ homes in India’s entertainment capital of Mumbai, creating, what industry pundits said is, Bollywood’s ultimate power couple. Rai, 33, is a former Miss World and Bachchan, 31, belongs to Indian film royalty, being the son of Amitabh Bachchan, the country’s best-known actor who has a huge fan following around the world. Bachchan, wearing a white “bandhgala” or a long Indian tunic, a silver-colored turban and a veil of flowers on his face, rode a white horse as part of a custom and waved to hundreds of fans gathered outside his house. The groom’s party then moved to another Bachchan residence nearby where the marriage was solemnized by priests who chanted hymns from ancient Indian scriptures amid the blowing of conch shells and ululation, sources involved with the wedding said. The celebrations have transfixed Bollywood and sent India’s celebrity-obsessed media into a frenzy even though the Bachchans have tried to keep the event strictly private and low-key because the groom’s grandmother is ill. But fans did not leave the couple — dubbed as “Abhiash” by the Indian media which likens them to the Hollywood celebrity duo of Brad Pitt and Angelina Jolie — alone as hundreds of them lined the roads leading to the marriage venue. Police briefly used batons to push back over-enthusiastic fans. “LOVER” SLASHES WRIST Many fans slept on the pavement outside Bachchan’s house to catch a glimpse of the stars. “I don’t have an invitation but I have come to bless the couple,” said Keshav Srivastav, a look-alike of Bachchan senior who drew cheers from the amused crowd. Earlier, the celebrations were marked by drama after an Indian woman claiming to be Bachchan’s lover slashed her wrist in front of his home. She told reporters she wanted to kill herself because Bachchan had gone back on his promise of marrying her after having “physical relations” with her. Police arrested the woman — described as a struggling fashion model — for attempting suicide, a punishable offence. Police refused to register a complaint against Bachchan, saying the model had no proof of the relationship and it looked like a publicity stunt. Rai and Bachchan have worked together in at least five films, and both have been romantically linked in the past to other Bollywood stars. Rai, who has acted in over 40 films, was crowned Miss World in 1994. Bachchan too has notched up about 40 movies. source : Reuters http://blogs.mindbodynsoul.com http://www.mindbodynsoul.com Tags:

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