Monthly Archives: May 2011

Kudos to LinkedIn & Web 2.0!

After months of rumors & speculations, LinkedIn came out with its IPO on Thursday 5/19 to a better-than-expected Wall Street response. The upscale spike within first few hours of trading shocked not just those at LinkedIn but raised some Silicon Valley eyebrows too. At one time, the stock was trading at $103.28 on Friday (that is close to $10B valuation for the company). I remember there were talks of $4.5B market share being too-much for LinkedIn only last week & if you combine it with the ongoing US stocks pessimism, it makes the initial success at NYSE even more astonishing! Looking beyond the nascent shock & awe, I guess the stock price might just stabilize a bit in short to medium period.

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Netflix Vs YouTube & the future of entertainment

In a move directed towards competing with Netflix, Hulu, Apple (iTunes), Amazon and other video-on-demand services, Google recently announced movie rental services for YouTube users in United States. This mean the war is heating up in web video market. Entertainment-content-delivery-on-IP is THE future, no option to it. Cable TV, RIP! Continue reading

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PSN breach – the bigger picture

The attacks (Hackers: 3, Sony: 0)

It shocked me when the first news of Playstation breach came out last week, affecting approximately 80 million customers.

Sony’s embarrassment further increased when SOE breach was added to PSN compromise.

While we are still awaiting PSN network to come back up online (Sony has said it requires more testing before Playstation relaunch), there’s been yet another attack against Sony networks. Continue reading

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