Sunday, February 21, 2010

Ringtones may become extinct by 2016

Bangalore: Due to the increasing usage of SMS and smartphones, mobile ringtones may become a thing of the past by the year 2016. According to the study by consumer analyst group IBIS World, though the ringtone market was worth $881 million in 2007, the yearly sales are predicted to fall to $750 million for this year and could vanish by 2016. 


According to the study, as more people start using SMS or internet based services like Twitter and Skype to communicate, the use of voice calls and ringtones have declined. Even the high pricing of ringtones that are usually between $2 and $3 per clip, may also support this gradual decrease in usage as it will deter users who are cost conscious.

"People used to talk on their cellphones," says Frank Dickson, Vice President of Research at technology analyst group In-Stat. "We've become a text-centric society, which takes away from talking, which takes away from ringtones. According to him, in the past two years the average number of text messages sent by each U.S. cellphone user has more than doubled, to 584 texts per month from 218 per month. In that same period the average number of calls has decreased almost 15 percent.

The lack of software locks on ringtones may also contribute to the decreasing adoption of ringtones. Today, with devices like iPhone and BlackBerry hitting the market, the users have more freedom to use any suitably formatted audio file as a ringtone where some phones were artificially limited to built-in ringtones or those purchased through the carrier.

Microsoft allowed to buy Yahoo!'s internet search business

Brussels: U.S. computer software giant Microsoft may go ahead with buying competitor Yahoo!'s internet search and advertising business, the European Commission ruled Thursday.

The deal is part of Microsoft's strategy to challenge Google's commanding position amongst internet search engines. Google controls more than 90 percent of the market in the European Economic Area (EEA), compared to less than 10 percent for Microsoft and Yahoo! put together. 



EU regulators agreed, stating that the transaction is expected to "increase competition in internet search and search advertising by allowing Microsoft to become a stronger competitor to Google".

Microsoft is to acquire a 10-year exclusive license to Yahoo!'s search technologies and is set to become the exclusive internet search and search advertising provider used by Yahoo!.

In exchange, Microsoft will retain 12 percent of the search revenues generated on Yahoo!'s and its partners' websites during the first five years of the agreement. 

'The Difficulty of Being Good..' bestseller this week

New Delhi: "The Difficulty of Being Good: On The Subtle Art of Dharma" by Gurcharan Das climbed to the No.1 position in the non-fiction section of the bestseller list this week while Nobel prize winner Orhan Pamuk's "The Museum of Innocence" bounced back to dominate the fiction list.

The top 10 in each category are:



Non-fiction

1. "The Difficulty of Being Good: On The Subtle Art of Dharma"

Author: Gurcharan Das

Publisher: Penguin Allen Lane

Price: Rs.699.00

2. "Victoria and Abdul"

Author: Shrabani Basu

Publisher: Rupa & Co

Price: Rs.395.00

3. "Nine Lives: In Search of the Sacred in Modern India"

Author: William Dalrymple

Publisher: Bloomsbury

Price: Rs.499.00

4. "Committed"

Author: Elizabeth Gilbert

Publisher: Bloomsbury

Price: Rs.499.00

5. "Delhi Adventures In A Mega City"

Author: Sam Miller

Publisher: Penguin

Price: Rs.499.00

6. "War and Peace in Modern India"

Author: Srinath Raghavan

Publisher: Permanent Black

Price: Rs.750.00

7. "The Oxford Companion to Politics"

Author: Jayal/Mehta

Publisher: OUP

Price: Rs.3500.00

8. "Open an Autobiography"

Author: Andre Agassi

Publisher: Harper Collins

Price: Rs.599.00

9. "80 Questions to Understand India"

Author: Murad Ali Baig

Publisher: Tara

Price: Rs.395.00

10. "The Hindus: An Alternative History"

Author: Wendy Doniger

Publisher: Penguin Viking

Price: Rs.999.00

Fiction

1. "The Museum of Innocence"

Author: Orhan Pamuk

Publisher: Faber and Faber

Price: Rs.599.00

2. "The Girl Who Kicked The Hornets' Nest"

Author: Stieg Larsson

Publisher: Quercus

Price: Rs.495.00

3. "The Palace of Illusion"

Author: Chitra Banerjee

Publisher: Picador

Price: Rs.395.00

4. "2 States: The Story of My Marriage"

Author: Chetan Bhagat

Publisher: Rupa

Price: Rs.95.00

5. "I, Alex Cross"

Author: James Patterson

Publisher: Century

Price: Rs.550.00

6. "Twilight"

Author: Stephanie Meyer

Publisher: Atom/Hachette

Price: Rs.350.00

7. "The Humbling"

Author: Philip Roth

Publisher: Random House

Price: Rs.550.00

8. "Lessons in Forgetting"

Author: Anita Nair

Publisher: Harper Collins

Price: Rs.399.00

9. "Blowback"

Author: Mukul Deva

Publisher: Harper Collins

Price: Rs.199.00

10. "Death of a Moneylender"

Author: Kota Neelima

Publisher: Roli

Price: Rs.295.00

Murthy picks MIT alumnus to head Catamaran

Bangalore: In order to steer his Rs. 600 crore venture capital fund Catamaran Investments, Infosys' Chief Mentor, N.R. Narayana Murthy has selected Arjun Ramegowda Narayanswamy, an alumnus of Massachusetts Institute of Technology (MIT). According to sources close to the development, Narayanswamy, who is in his 20s studied computer science engineering at MIT and is already working to build a team of six people who will be managing Catamaran. 



Last year, Murthy and his wife sold part of their holdings in Infosys to start Catamaran in order to help the start-ups, reports Mint. Narayanswamy has worked for one-and-a-half years with Boston-based private equity firm Bain Capital Llc. Prior to that he started a venture in the mobile communication space during a stint as an entrepreneur. One person familiar with the situation said Narayanswamy has known Murthy's two children for some years now.

The assignment is certain to keep Narayanswamy in the limelight because the launch of Catamaran and Murthy's selection of the team to lead his venture capital vehicle is being closely tracked by his peers and the financial community. A venture capital industry veteran, who declined to be named, said venture investing is a team effort requiring various complementary skills such as deal-making capabilities, negotiating, deal sourcing and structuring. The right combination is what makes a fund click, he said.

Murthy in October sold shares worth Rs. 174.3 crore in Infosys to set up Catamaran. A month later, his wife Sudha Murthy sold shares worth Rs. 430 crore to back her husband's plan. Catamaran will be a sector-agnostic fund, and, according to people familiar with the initiative, the fund has already started weighing investment proposals and zeroed in on an initial transaction. The fund will look at areas such as healthcare, retail and technology. 

China denies hacking Indian government computers

Washington: China Tuesday said reports of attacks by Chinese hackers on Indian government computers were "without basis", a media report said.

Chinese foreign ministry spokesman Ma Zhaoxu said at a press briefing in Beijing that China is one of the biggest victims of hacker attacks, the Wall Street Journal reported on its website Tuesday. 




Hacker attacks on China from outside the country rose 148 percent in 2008, Ma was quoted as saying.

Earlier, M. K. Narayanan, India's National Security Adviser, said his office and other government departments were targeted by hackers Dec 15, London-based The Times reported Monday.

"People seem to be fairly sure it was the Chinese. It is difficult to find the exact source but this is the main suspicion. It seems well-founded," the report quoted Narayanan as saying.

Internet search giant Google last week said it may leave China after an investigation found the company was the target of major hacking attacks in December that it believed originated from China, the report at online.wsj.com said.

Concept of deemed universities to be abolished

New Delhi: The concept of deemed universities will be abolished in India, Human Resource Development (HRD) Minister Kapil Sibal said Tuesday, a day after the government moved an affidavit in the Supreme Court seeking de-recognition of 44 such institutions, including Bangalore's Christ College and Jain University.

"It is a policy decision that all the deemed universities will finally go," Sibal said at the 10th Editor's Conference on social sector issues here. Sibal's comments come a day after the central government filed an affidavit in the Supreme Court stating that the recognition of 44 deemed universities must be taken away. 




"The concept of deemed universities from the country will go in the near future and this is part of the reform process. We are putting in place the required legislations," Sibal added. The country has nearly 100 deemed universities that function as stand-alone universities but don't give affiliation to other institutions.

Around two lakh students study in the 44 universities. Sibal added that the students in deemed universities will not suffer. "Technically, we haven't de-recognised any deemed university. We have moved the Supreme Court with an affidavit and a report by the expert committee on deemed universities. Let me assure, no student will suffer," assured Sibal. "We are going to take care of all students. And government's intention is not to put any student in problem. All students will get a university degree."

1 Billion mobile workers by year end: IDC

Massachusetts: The world's mobile worker population will pass the one billion mark this year and grow to nearly 1.2 billion people - more than a third of the world's workforce - by 2013. According to a new forecast from IDC, the most significant gains will be in the emerging economies of Asia/Pacific, where a strong economic recovery and new interest in unified communications will drive healthy growth in all aspects of mobility spending. 



"Vast opportunities exist for bringing a variety of mobile technologies to the world's workforce," said Sean Ryan, Research Analyst, Mobile Enterprise Software. "Outside the United States and Japan, where mobile worker population penetration has essentially peaked, there are large worker populations that are still growing. Underserved mobile workers across all regions stand to benefit from the reach and flexibility offered by mobile solutions. While some barriers to adoption will still have to be overcome, the potential market for mobility solutions is enormous."

The United States has the highest percentage of mobile workers in its workforce, with 72.2 percent of the workforce mobile in 2008. The U.S. will remain the most highly concentrated market for mobile workers with 75.5 percent of the workforce, or 119.7 million workers, being mobile in 2013.

Asia/Pacific (excluding Japan) represents the largest total number of mobile workers throughout the forecast, with 546.4 million mobile workers in 2008 growing to 734.5 million or 37.4 percent of the total workforce in 2013. At the end of the forecast, 62 percent of the world's mobile workforce will be based in the APeJ region.

Western Europe's mobile workforce will enjoy a healthy compound annual growth rate (CAGR) of six percent over the forecast period to reach 129.5 million mobile workers (50.3 percent of the workforce) in 2013, surpassing the total number of mobile workers in the United States.

Japan's mobile worker population will total 49.3 million in 2013, representing 74.5 percent of its total workforce. Like the U.S., this is essentially the sustainable limit of Japan's mobile worker penetration. The rest of the world (ROW), which is comprised of Canada and the emerging market countries in Central and Eastern Europe, Middle East and Africa (CEMA), and Latin America, will see its mobile worker population grow to 153.2 million by 2013. As with APeJ, the low penetration of mobile workers in the total workforce (13.5 percent) signals significant growth potential in these markets

The IDC study, Worldwide Mobile Worker Population 2009-2013 Forecast provides a worldwide five-year mobile worker population forecast through 2013 and analysis across three core worker categories (office-based mobile workers, non-office-based mobile workers, and home-based mobile workers) and 13 subcategories in five regions: the United States, Western Europe, Asia/Pacific (excluding Japan), Japan, and the rest of the world (ROW).