Financial Crisis of 2008

Is financial crisis over? What is the implication of this crisis? Are we in creative distruction of the industry? If so what is the creation as we know what is distroyed? Is the crisis strengthening the gobal financial ties? How does the financial map change?

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Entrepreneurship

<meta content="OpenOffice.org 2.0 (Linux)" name="GENERATOR" /><meta content="20080617;7142800" name="CREATED" /><meta content="16010101;0" name="CHANGED" /></p> <style type="text/css"> <!-- @page { size: 8.5in 11in; margin: 0.79in } P { margin-bottom: 0.08in } --></style> <p>What is Entrepreneurship?</p> <div class="twttr_buttons"><div class="twttr_twitter"> <a href="http://twitter.com/share?text=Entrepreneurship" class="twitter-share-button" data-via="" data-hashtags="" data-size="default" data-url="https://shirishranjit.com/blog1/archives/36" data-related="" target="_blank">Tweet</a> </div><div class="twttr_followme"> <a href="https://twitter.com/shiranjit" class="twitter-follow-button" data-size="default" data-show-screen-name="false" target="_blank">Follow me</a> </div></div> </div><!-- .entry-content --> <footer class="entry-meta"> <span class="cat-links"> <span class="entry-utility-prep entry-utility-prep-cat-links">Posted in</span> Uncategorized </span> </footer><!-- .entry-meta --> </article><!-- #post-36 --> <article id="post-34" class="post-34 post type-post status-publish format-standard hentry"> <header class="entry-header"> <h1 class="entry-title"><a href="https://shirishranjit.com/blog1/archives/34" rel="bookmark">Microsoft’s hostile takeover of Yahoo</a></h1> <div class="entry-meta"> <span class="sep">Posted on </span><a href="https://shirishranjit.com/blog1/archives/34" title="2:26 pm" rel="bookmark"><time class="entry-date" datetime="2008-02-03T14:26:05-05:00">February 3, 2008</time></a><span class="by-author"> <span class="sep"> by </span> <span class="author vcard"><a class="url fn n" href="https://shirishranjit.com/blog1/archives/author/shirish" title="View all posts by shirish" rel="author">shirish</a></span></span> </div><!-- .entry-meta --> </header><!-- .entry-header --> <div class="entry-content"> <p>Jerry Yang, the chief executive of Yahoo, was finishing a regularly scheduled company board meeting Thursday night when his assistant interrupted him with an urgent phone call. It was Steven A. Ballmer, the chief executive of Microsoft, and his message was curt. He did not call to negotiate. Microsoft would make public a hostile $44.6 billion offer for Yahoo early Friday morning in a bold move to counter Google’s online pre-eminence.</p> <p>Mr. Yang, in shock, rushed back with the news to his directors, some of whom were getting ready to leave Yahoo’s headquarters in Sunnyvale, Calif. The board meeting was no longer over; it would turn into a strategy session that stretched into the night.</p> <p>The message that jolted Mr. Yang and his directors also jolted the technology industry. The industry has seen its share of take over in past several years after the DOT COM bust. Some of the hostile take overs were from Oracle. Most of those take overs were expected or even sought after for the competitive advantage. For example, the Oracle takeover of both PeopleSoft and BEA Systems are seen purely as consolidation for efficiency and competitiveness. These were not seen as a strategy shift for Oracle. However, the Microsoft’s bid is a strategy shit from the virtues that Microsoft operated.</p> <p>Is this shift in Microsoft strategy or a desperate move by Steve Ballmer to keep the company afloat in this changing world? After dismal performance of Vista that supposed to be Microsoft’s best foot forward in the 21th century, Microsoft has been burning cash in many failed products (to name a few: Zune, Xbox, MSN) and without any new products in sight. This lack of company direction and lack of success in investment are already reflected in the company price. The return on investment on Microsoft has been dismal.</p> <p>As competition from Linux and Apple grew on the operating system sector, Microsoft has only product that can be categorized as ‘cash cow’, Microsoft Office Productivity Suite. All other products are blotted and badly engineered. One product that Microsoft spent billions of dollars defending is the Internet Explorer. The IE has been losing market share. So, why did Microsoft spent so much money defending it in courts? Besides, European court has ruled against Microsoft. May be Microsoft is better off spinning off companies rather than taking over Yahoo.</p> <p>On the other hand, the industry expected that Yahoo to either clean up its act or be taken over. Yahoo has squandered so much cash it had in many ventures that it has either no experience or not its core business. Yahoo, just like Google, is primarily an internet advertising agency. Yahoo can diversify by taking on other industries but first and foremost they have to focus on their core business (internet advertising).</p> <div class="twttr_buttons"><div class="twttr_twitter"> <a href="http://twitter.com/share?text=Microsoft%27s+hostile+takeover+of+Yahoo" class="twitter-share-button" data-via="" data-hashtags="" data-size="default" data-url="https://shirishranjit.com/blog1/archives/34" data-related="" target="_blank">Tweet</a> </div><div class="twttr_followme"> <a href="https://twitter.com/shiranjit" class="twitter-follow-button" data-size="default" data-show-screen-name="false" target="_blank">Follow me</a> </div></div> </div><!-- .entry-content --> <footer class="entry-meta"> <span class="cat-links"> <span class="entry-utility-prep entry-utility-prep-cat-links">Posted in</span> Uncategorized </span> </footer><!-- .entry-meta --> </article><!-- #post-34 --> <article id="post-33" class="post-33 post type-post status-publish format-standard hentry"> <header class="entry-header"> <h1 class="entry-title"><a href="https://shirishranjit.com/blog1/archives/33" rel="bookmark">Business</a></h1> <div class="entry-meta"> <span class="sep">Posted on </span><a href="https://shirishranjit.com/blog1/archives/33" title="2:24 pm" rel="bookmark"><time class="entry-date" datetime="2008-02-03T14:24:02-05:00">February 3, 2008</time></a><span class="by-author"> <span class="sep"> by </span> <span class="author vcard"><a class="url fn n" href="https://shirishranjit.com/blog1/archives/author/shirish" title="View all posts by shirish" rel="author">shirish</a></span></span> </div><!-- .entry-meta --> </header><!-- .entry-header --> <div class="entry-content"> <p>Pages on Economy and Business</p> <div class="twttr_buttons"><div class="twttr_twitter"> <a href="http://twitter.com/share?text=Business" class="twitter-share-button" data-via="" data-hashtags="" data-size="default" data-url="https://shirishranjit.com/blog1/archives/33" data-related="" target="_blank">Tweet</a> </div><div class="twttr_followme"> <a href="https://twitter.com/shiranjit" class="twitter-follow-button" data-size="default" data-show-screen-name="false" target="_blank">Follow me</a> </div></div> </div><!-- .entry-content --> <footer class="entry-meta"> <span class="cat-links"> <span class="entry-utility-prep entry-utility-prep-cat-links">Posted in</span> Uncategorized </span> </footer><!-- .entry-meta --> </article><!-- #post-33 --> <article id="post-32" class="post-32 post type-post status-publish format-standard hentry"> <header class="entry-header"> <h1 class="entry-title"><a href="https://shirishranjit.com/blog1/archives/32" rel="bookmark">Nursery Rhymes</a></h1> <div class="entry-meta"> <span class="sep">Posted on </span><a href="https://shirishranjit.com/blog1/archives/32" title="4:41 am" rel="bookmark"><time class="entry-date" datetime="2008-01-31T04:41:45-05:00">January 31, 2008</time></a><span class="by-author"> <span class="sep"> by </span> <span class="author vcard"><a class="url fn n" href="https://shirishranjit.com/blog1/archives/author/shirish" title="View all posts by shirish" rel="author">shirish</a></span></span> </div><!-- .entry-meta --> </header><!-- .entry-header --> <div class="entry-content"> <p>These are Nursery Rhymes that we really like</p> <p>Ba Ba Blackship<br /> <object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/g3xtMZvG2WI&rel=1"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/g3xtMZvG2WI&rel=1" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object></p> <p>Humpty Dumpty<br /> <object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/VDyayfFnH90&rel=1"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/VDyayfFnH90&rel=1" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object></p> <p>Jack and Jill</p> <p><object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/gzX_k3ZWvXo&rel=1"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/gzX_k3ZWvXo&rel=1" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object></p> <p>Twinkle Twinkle Little Star</p> <p><object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/FfDUpB0NuF8&rel=1"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/FfDUpB0NuF8&rel=1" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object></p> <p>Ding Dong Bell</p> <p><object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/DRHTS1PgAwU&rel=1"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/DRHTS1PgAwU&rel=1" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object></p> <p>Itsy Bitsy Spider </p> <p><object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/CsjOYvBsQF4&rel=1"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/CsjOYvBsQF4&rel=1" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object></p> <p>Wheel on the Bus</p> <p><object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/Jdqk6SMfIvA&rel=1"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/Jdqk6SMfIvA&rel=1" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object></p> <p>Happy Birthday</p> <p><object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/8dCxh1KACPI&rel=1"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/8dCxh1KACPI&rel=1" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object></p> <p>Mary had a little lamb</p> <p><object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/33PPSDK0QEk&rel=1"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/33PPSDK0QEk&rel=1" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object></p> <div class="twttr_buttons"><div class="twttr_twitter"> <a href="http://twitter.com/share?text=Nursery+Rhymes" class="twitter-share-button" data-via="" data-hashtags="" data-size="default" data-url="https://shirishranjit.com/blog1/archives/32" data-related="" target="_blank">Tweet</a> </div><div class="twttr_followme"> <a href="https://twitter.com/shiranjit" class="twitter-follow-button" data-size="default" data-show-screen-name="false" target="_blank">Follow me</a> </div></div> </div><!-- .entry-content --> <footer class="entry-meta"> <span class="cat-links"> <span class="entry-utility-prep entry-utility-prep-cat-links">Posted in</span> Uncategorized </span> </footer><!-- .entry-meta --> </article><!-- #post-32 --> <article id="post-31" class="post-31 post type-post status-publish format-standard hentry category-general category-linux"> <header class="entry-header"> <h1 class="entry-title"><a href="https://shirishranjit.com/blog1/archives/31" rel="bookmark">Debian Linux</a></h1> <div class="entry-meta"> <span class="sep">Posted on </span><a href="https://shirishranjit.com/blog1/archives/31" title="4:38 am" rel="bookmark"><time class="entry-date" datetime="2008-01-31T04:38:45-05:00">January 31, 2008</time></a><span class="by-author"> <span class="sep"> by </span> <span class="author vcard"><a class="url fn n" href="https://shirishranjit.com/blog1/archives/author/shirish" title="View all posts by shirish" rel="author">shirish</a></span></span> </div><!-- .entry-meta --> </header><!-- .entry-header --> <div class="entry-content"> <p>I have been using Debian Linux on my HP pavilion laptop. The laptop originally came with XP.</p> <p>The latest release of Debian Linux does not make me miss my XP though it still has ways to catch up to Mac OS. So far, I have been really impressed with the development of the Linux OS. I have seen many changes in latest release ‘etch.’ The ‘etch’ release has far better features than the previous versions. It has improved wireless networking issues along with browser compatibility issues.</p> <p>For me, key functions are wireless internet, browser, and email. I have not come across a single website that does not work with Iceape release of Firefox. All those applications works really well in the stable release of Debian.</p> <p>I have not played much with movie players. The DVD players do not play quite well but also have not spent time to figure out how to make it play either. The online videos plays well such as videos from youtube.</p> <p>Only function that I wish I had is the Sleep mode in the OS. I have to power down the machine if I do not want the machine to be plugged all the time. Also, the OS consumes a lot of power. Though my batter is not new but the machine sucks out the batter in less than half hour.</p> <p>On the word processing area, I have been using Open Office and pretty impressed with it. The Open Office has all the features that I need to do my word processing, presentation and even drawing. One of the key feature that I use often is generating PDF file. The Open Office comes with a feature that allows documents, presentations to be exported to the PDF format. This is really convenient features as I can share the documents as PDF.</p> <p>I really like the Apt-get features of Debian. This feature allows me to get updates automatically and also install all those available software. I use synaptic package manager to search and install a package (software), I use apt-get to do the update and upgrade.</p> <p>This is a great product.</p> <div class="twttr_buttons"><div class="twttr_twitter"> <a href="http://twitter.com/share?text=Debian+Linux" class="twitter-share-button" data-via="" data-hashtags="" data-size="default" data-url="https://shirishranjit.com/blog1/archives/31" data-related="" target="_blank">Tweet</a> </div><div class="twttr_followme"> <a href="https://twitter.com/shiranjit" class="twitter-follow-button" data-size="default" data-show-screen-name="false" target="_blank">Follow me</a> </div></div> </div><!-- .entry-content --> <footer class="entry-meta"> <span class="cat-links"> <span class="entry-utility-prep entry-utility-prep-cat-links">Posted in</span> <a href="https://shirishranjit.com/blog1/archives/category/general" rel="category tag">General</a>, <a href="https://shirishranjit.com/blog1/archives/category/linux" rel="category tag">linux</a> </span> 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