When the Apple iPhone first came out, it cost $499 (Rs 21,819) in the US markets.
But since that was too high, it was brought down to $399 (Rs 17,446). This was become Apple decided to make just about $80 (Rs 3,498) from the direct sale of the iPhone. Though, Steve Jobs negotiations with AT&T meant [...]
Getting funding is easy.
Recently, I had read Sujai Karampuri, founder of Sloka Telecom (henceforth, the Sloka guy) ranting about the fact that VCs were shying away from funding his company. I felt bad for for about half a second because it looks like a great idea, but then I moved on hoping that somebody on [...]
Mumbai Ambulance Service gets $1.5 million Funding from New York’s Acumen Fund (via VCCircle)
SlideShare launches SlideCasting (link)
BlogWorks launches Ad Affiliate Network (via IndiaPRWire)
Yahoo launches Advertising Network for India (via CS)
Komli launches loan site LoanRaja (via VCCirle) | Komli CEO Blog
Paymate fixes up with ING Vyasa to make payment of insurance premiums via the mobile (via [...]
How can you burn $460 million in two years?
Amp’d Mobile, a mobile company based in the Silicon Valley, recently declared bankruptcy about tow months back with a debt of about $100 million. The company had picked up around $360 million in funding over the last two years. Venture Beat has the story on how the [...]
LiveMint.com coveres three Indian Startups (link) which includes Pune-based Paahijen.com
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Also, TIE-ISB connect is here again. The last date for submitting applications is the 31st of August. (link)
The first lawsuit against Apple’s IPhone has been filed.
DailyTech reports
One iPhone customer wasn’t happy at all with the iPhone’s battery life or the two alternatives to replacing a defective battery and filed a class-action lawsuit against Apple as a result. In the suit, Jose Trujillo claims that:
Unknown to the Plaintiff, and undisclosed to the public, [...]
Here is the list of the Hottest Startups in Asia, which featured on the Second Edition of Proto.in on the 21st and 22nd of July 2007.
(via the Proto.in website, the cool flash via Scribd)
For more information about the event, read the post here and you can subscribe to our feed here.
The second edition of Proto.in was held in Chennai on the 21st-22nd of July 2007. Even though I was unable to attend the event, I have heard that it was extremely well organized and brought a number of good companies to light.
Even though I received a well worded sorry mail which said,
Unfortunately, we do have [...]
BJP MP Bahubhai Katara was caught on Sunday with another woman and a kid posing as his wife and son. They were trying to catch a flight to Toronto.
But the best part was that he was caught with locally made Viagra. I wonder what it would have felt like if I had voted for him.
Read [...]
Digg’s Kevin Rose announced on his blog today that Digg’s API is now publicly available. It comes along with a Flash Application Toolkit and a competition for creating the most innovative visualizations and applications.
The API has been created to allow developers to interact programatically with Digg. Currently you can use the API to request very [...]
