Marc Andreessen raises $300MM for early stage investments

Very interesting news. In this climate of fear, uncertainty, and doubt, noted entrepreneur Marc Andreessen (who led the development of the first web browser and co-founded Netscape, among other things) and Ben Horowitz have raised 300 million dollars for early stage investments: Sources said the fund–which was nicknamed “Project A” but is actually called Andreessen Horowitz–will [...]

Google To Introduce Orkut Promote? How It Helps Google

Google appears to be planning to introduce “Orkut Promote”, a self service advertising platform for its social networking site Orkut, reports Digital Inspiration. The platform apparently allows users regular Orkut users to promote their content to others in the community - whether photos, videos or text content. Advertisers will be charged for ads on the [...]

iPhone 3G S Tethering – Without Installing Anything?

iPhone 3G S is out and every iPhone S**T is out there in the line waiting to get his/her hands on iPhone 3G S. Many of you might know that the new iPhone 3GS, as well as Apple’s latest software update, iPhone 3.0, allows iPhone owners to share their device’s mobile phone signal with their computer to enable them to browse the web over the 3G network – a process known as tethering. So now you don't have to install any third party application or hack your phone to use the iPhone Tethering. What you don't know is that making the Apple iPhone tethering legal, mobile operators now will charge you extra $$ per month to use this service.According to Appmodo. the tethering will run you $55 per month. So why spend extra $55 for tethering? Is it really worth it? But one person has found a way of easily enabling free tethering on the iPhone, without having to “hack” the device.

RoundUp: UTV’s Ignition Launches Games; Apple India New Md; Atc Buys Xcel; Bsnl

UTV Launches 3 Games At E3 - UTV New Media’s subsidiary Ignition Entertainment has launched three new console games - War Devil , Reich and El Shadai at the Electronic Entertainment Expo. The group is investing Rs. 150 crores into gaming this year, Business Standard reports. Ignition’s offices in London, Tokyo and Florida are churning [...]

India May Announce Revised 3G Rules In a Week – Min

India is likely to decide within a week revised rules for a pending 3G spectrum auction, including a possible increase in the base price, the telecoms minister said on Friday. The auction of third-generation radio spectrum, which would allow firms to offer high-speed Internet and video downloads on mobile phones, was originally planned for January, but was delayed after high prices fetched by private telecoms companies for selling stake sales prompted a review of the floor price. Television channel CNBC TV18 said on Friday the government had doubled the reserve price for the auction to 40.40 billion rupees ($838 million), citing news agency Press Trust of India. The telecoms ministry last year set a base price of 20.20 billion rupees for pan-India 3G spectrum, but the finance ministry wanted the price doubled as it needed revenue to keep a lid on burgeoning fiscal deficit. "We had a discussion with the prime minister and the finance minister. We discussed certain things," telecoms minister Andimuthu Raja told reporters. The finance ministry's demand as also other proposals were being considered, he said without elaborating. A cabinet committee of a ministers' panel will announce the final decision, hopefully within a week, he said. 

Exclusive: Times Internet Ltd (Indiatimes) COO Sunil Rajshekhar Is Stepping Down

Sunil Rajshekhar, chief operating officer at Times Internet Ltd, is leaving the company, according to a person familiar with the situation. Rajshekhar will however, be around for a few months till a new CEO takes charge and will help through the transition period. Dinesh Wadhawan had stepped down as CEO in March. CFO Deepak Sogani left in January. TIL, a subsidiary of media conglomerate Bennett, Coleman & Co. Ltd, is best known for the portal Indiatimes. Our source also said that Rajshekhar has been offered other roles within the Times Group. Rajshekhar declined comment.

Advertisement: HeadStart Summer 2009, Tomorrow in Mumbai

Winners of the free passes to Headstart 2009: Sukhdeep Singh from Accenture; Madhu Sudhan from Capital18 Media Advisors; Vivek Steve, MobMe Wireless Solutions. If for some reason you’re unable to attend the event, please let us know and we’ll pick another winner. Entrepreneurs from all over the country would come under one roof at HeadStart Summer [...]