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Dear [[-FullName-]],
Lately, there has been much action in the Search and Email space. Like one of the articles says "In truth, Amazon and Google are speeding from two ends toward a very fertile middle ground where commerce and search meet."
Just to give an idea of the scale involved - Google's annual revenues are estimated to be close to a billion dollars with a gross profit margin of about 30%. It doesn't have to disclose earnings, not being public so far. And not to be left behind, the Seattle Gorilla, Microsoft, has also one in the works.
Read on. Cheers.
Regards - Edit Team
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"With a dozen companies racing towards the goal of the sub-$1,000 genome, the day when your DNA is sequenced and burnt on to a CD-Rom for roughly the cost of a conventional health checkup is not far off."
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TiE Bangalore News
On the 13th April Mr Joe Liemandt, CEO of Trilogy, gave a talk on "Business Success Metrics: Tying Revenues To Customer's ROI". He stressed the importance of appropriate technology to enhance customer service and ROI. The session drew many questions from the audience, which Mr. Liemandt answered pretty convincingly.
NirmaLabs
NirmaLabs, an initiative of the Nirma Education and Research Foundation is an incubator to spawn High Tech Knowledge based Wealth Generation ventures. On the 15th, Nirmalabs, along with TiE Bangalore, organised an intercation with students to identify individuals with technical knowledge and experience with entrepreneurial traits.
TiEcon 2004 - "One Step Ahead, Harnessing The Optimism"
The TiECon 2004 Conference will feature technology industry luminaries, VCs from Silicon Valley, and Senior Executives from high technology companies.
This conference will provide a great opportunity to hear from industry leaders and to exchange ideas that will lead to the next phase in the ongoing technology industry revolution. We will cover topics ranging from the latest trends, to technology investment, and to globalization.
Speakers include Shekhar Kapoor (Film Director & Entrepreneur), Scott Kriens (Chairman & CEO, Juniper Networks), Thomas M. Siebel (Chairman & CEO, Siebel), Ted Turner (Founder, Turner Broadcasting System, Inc. ) among others.
On: Friday 14th - Saturday 15th, May 2004, Westin Hotel & Convention Center, Santa Clara, California
For registration and other details, visit www.tiecon.org.
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GLOCAL NEWS
Israeli venture capital mission for India
Top executives of leading Israeli venture capital funds are visiting India. They will have meetings with major Indian IT concerns in Bangalore to discuss ways of establishing cooperative hi-tech ventures. They will be focussing mainly on IT, software and telecommunications.
>From Silicon India.
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TECHNOLOGY
Googling the genome
The international Human Genome Project took 15 years of intensive work at a cost of some $3bn. The result was not the genome of any one person, but a kind of mosaic of several anonymous individuals.
In near future, a bioinformatics program running on a PC could easily check our genomes for all genes associated with the autosomal recessive disorders that had been identified so far. Regular software updates downloaded from the internet - like those for anti-virus programs - would keep our search software abreast of the latest medical research.
By Glyn Moody from Guardian.
Can Amazon Unplug Google?
The online retailer is planning to change the way we navigate the Web. An exclusive interview with Udi Manber, whose newly unveiled A9 engine just may drain the juice from the brightest light in search.
By John Battelle from Business 2.0.
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STRATEGY
How South Korea Conquered India
When LG, the Korean consumer products giant, entered the Indian market in 1997, its managing director, Kwang-Ro Kim, decided that the way to success was to empower employees and, as he puts it, give them "aggressive targets that change their way of thinking." The result? LG, is the hottest consumer products company in India. By John Elliott from Fortune
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LIGHTER VEIN
A Fine Year for April Foolery
April Fool's Day pranksters took their trickery online, perpetrating hoaxes that ran the gamut from fake news stories to phony products to bogus corporate announcements. Some of the more inspired hoaxes included lunar Web development jobs, in-car chicken roasters and an automatic hunger eliminator. By Joanna Glasner from Wired.
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