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Rediff.com posts a Net Loss of $8.86M: Q4

The NASDAQ listed company Rediff.com India Ltd. Has posted a net loss of $8.86 million (Rs41.89 crore @ Rs47.29/dollar), compared with a profit of $0.90 million during the year ago period on decline in online advertising and depreciation of the Indian rupee vis-a-vis the US dollar. Total Revenue dropped 50.44% from $9.06 million to $4.49 [...]

[ More ] May 31st, 2009 | 1 Comment | Posted in Business, Internet, News |

Digital Sky Technologies invests $200M in Facebook.com

Facebook has announced that Digital Sky Technologies (DST), one of the leading internet investment groups globally with significant stakes in Eastern European and Russian internet businesses, has made a $200 million investment in Facebook in exchange for preferred stock, representing a 1.96 percent equity stake at a $10 billion valuation. In addition, DST has indicated [...]

[ More ] May 31st, 2009 | No Comments | Posted in Business, Internet, News, Venture Capital |

Way2SMS Lauched SMS based e-mail services.

India – Hyderabad based, Leading SMS services provider launched e-mail alerts on Mobile. As per way2sms, this service can be availed free by any of their subscribers. No GPRS is required on the mobile and activation is quick and easy too.   VV Raju, Founder CEO, Way2SMS.com says “Now, with Way2SMS email alerts, one will [...]

[ More ] May 31st, 2009 | 1 Comment | Posted in Internet, News |

21 Deadly Blogging Mistakes by Darren

I have been following Darren Rowse on his blog ProBlogger for quite some time now. Read More about Darren. Below are some exciting tips for all the bloggers (New & Old). Some of them count for me even J. They’re listed in no particular order and I’d love for you to continue the list in [...]

Microsoft is likely to launch its new search engine on 3rd June – BING

Worlds Largest Software Giant, Microsoft Corp has been testing its new search engine internally under the name Kumo for several months, now plans to introduce the new service, re-christened Bing, on 3rd June 2009. It’s likely to come up with a full launch next Wednesday.  Microsoft is calling its new product a “decision engine,” promising [...]

[ More ] May 30th, 2009 | No Comments | Posted in Business, Entrepreneurs Journey, Internet, News |

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