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news software technology

News burst about Yahoo and Microsoft

(pic courtesy: cnet:news.com)

Everyone has heard about the proposed take over of Yahoo by Microsoft. Their repeated increase of their offer price, and Yahoo not giving in. Lots of people predicted yahoo shareholders would be upset, and newspapers reported that Yahoo stock plunged – because they did not take what seemed to be a good offer etc. But did anyone do an accurate calculation, like what Kottke did ?

On Jan 31, the day before Microsoft offered $31/share for Yahoo, YHOO was at $19.18/share (market cap: $26.4 billion) and MSFT was at $32.60/share (market cap: $303.6 billion). At the close of trading today, YHOO closed at $24.37/share (market cap: $33.5 billion) and MSFT was at $29.08/share (market cap: $270.8 billion). In other words, the Microsoft offer increased the value of Yahoo! Inc. by more than $7 billion and decreased the value of Microsoft Corporation by almost $33 billion. In still other words, in attempting to take Yahoo by force, they let an amount equal to Yahoo slip through their fingers. Why isn’t anyone writing about Yahoo’s amazing stock gains and Microsoft’s plunge?

If everyone did, the whole concept of media sensationalism would die ! (and I sure wish it did, after the unfortunate incident of me watching Headline news the other day!)

Categories
misc technology

The neocube

Introducing the neo-cube – the ultimate time waster. Not sure if you can get this in India yet?
[youtube=http://www.youtube.com/watch?v=gidumziw4JE&hl=en]

Categories
technology

The ultimate lenovo ad

Lenovo go to the world spoofing the ultimate spoof-masters themselves. The apple ads are usually the best in imitating/spoofing/ridiculing competition. Lenovo has the guts to go and mock the air!. Actually, I agree with the ad. For once, the apple design team has flawed. It is just wrong for a company to give a bare minimum of features in the name of sleekness/thinness and charge more ; and make the customer buy more accessories if they need any (and apple accesories they must buy). It is just wrong. Check this lenovo ad out and laugh at apple. Go on!

[youtube=http://www.youtube.com/watch?v=_hnOCUkbix0&hl=en]

Categories
news technology

Congratulations ISRO.

(Pic courtesy: http://www.isro.gov.in/)

Congratulations are due to the Indian Space Research Organization (ISRO) for their world record launch of 10 satellites in one go. Wow. The entire world is now in awe. Way to go ISRO. The last record was by the Masters of Rockets – Russia, which had launched 8 satellites in one go. This gives ISRO immeasurable credibility in its capabilities. Now, people will no longer shake their heads in disbelief, when they hear about Chandrayan – the planned moon trip.