Drama

  • IBM India Battles Fraud Amid Scramble To Save Its $2.5B Airtel Contract

    IBM India Battles Fraud Amid Scramble To Save Its $2.5B Airtel Contract

    Over the past few weeks, IBM India has fired at least half a dozen top- to mid-level executives, as well as several others accused of fraud. The fraud led to a portion of the over $2 billion outsourcing contract, with Bharti Airtel being subcontracted to a company founded by former IBM-ers. The original contract signed was in 2004 and was for managing telecom networks, desktops and other… Read More

  • Microsoft Appoints ValueAct Capital’s Mason Morfit To Its Board

    Microsoft Appoints ValueAct Capital’s Mason Morfit To Its Board

    Today Microsoft announced in a combined press release that it has named ValueAct Capital’s President Mason Morfit to its board, and that it will issue a quarterly dividend of $0.28. Neither piece of news is a surprise. Microsoft and ValueAct created a “cooperation agreement” in which the investing group got “regular meetings” with executives, and the option for… Read More

  • Purported Registry Tweak Allows Windows 8.1 Users To Snag Update 1 Before Its Public Release

    Purported Registry Tweak Allows Windows 8.1 Users To Snag Update 1 Before Its Public Release

    We aren’t supposed to get our mitts on Windows 8.1 Update 1 for more than a month yet, but it seems that a simple registry tweak is letting folks not only get their hands on the new code, but also get it straight from the source: Microsoft via Windows Update. TechCrunch has confirmed with a trusted source that the tweak works, and that the update is material. The only potential issue at… Read More

  • What Can Indian Startups Learn From The Facebook Acquisition That Didn’t Happen

    What Can Indian Startups Learn From The Facebook Acquisition That Didn’t Happen

    Little Eye Labs was not the only acquisition Facebook was chasing in India last year. Salorix, a social media analytics startup that had raised $3.5 million in Series A from Inventus Capital Partners and Nexus Venture Partners in November 2011, was approached by Facebook in October last year. But by December, the acquisition talks were stalled. After several months of negotiations… Read More

  • The Bitcoin Regulation Paradox

    The Bitcoin Regulation Paradox

    Following the implosive death of the Mt.Gox Bitcoin exchange, a number of key players in the cryptocurrency space banded together to release a statement condemning the rogue and failed member of the larger Bitcoin economy. The price of Bitcoin, falling below the $500 mark, has since rebounded slightly. Views on the mishap come in various forms, but I think we can condense the lot into a few… Read More

  • 70,000 People Are Playing Pokemon Collaboratively – And You Can Watch Live

    70,000 People Are Playing Pokemon Collaboratively – And You Can Watch Live

    There are things on the Internet that we humans were not built to understand. Over on Twitch, the largest platform for livestreaming esports and other gaming content, 70,000 people are playing Pokemon in unison and the world is watching. The host cooked up a script that takes game commands from the stream’s chat interface, and feeds them into the game itself. So, people are shouting… Read More

  • As Exchange Withdrawal Restrictions Ease, Bitcoin’s Price Snaps Northward

    As Exchange Withdrawal Restrictions Ease, Bitcoin’s Price Snaps Northward

    It has been a rough time for Bitcoin these past few days, as three major exchanges halted withdrawals in the face of an issue that could impact the perceived integrity of exchanges of the currency. Mt.Gox, a long-running but controversial exchange was first to halt Bitcoin withdrawals. With the currency inside Mt.Gox effectively trapped, the price on the exchange began to fall as people hit… Read More

  • SF Approves Tech Bus Pilot Program Despite Public Dissent

    SF Approves Tech Bus Pilot Program Despite Public Dissent

    Today the San Francisco Municipal Transportation Agency approved a controversial pilot program that will see some 200 area bus stops made available to private shuttles that ferry corporate tech workers to campuses outside of the city. Despite impassioned, and occasionally coherent, commentary — not to mention more than a handful of Google talking points — the agency’s… Read More

  • Google Destroys Rap Genius’ Search Rankings As Punishment For SEO Spam, But Resolution In Progress

    Google Destroys Rap Genius’ Search Rankings As Punishment For SEO Spam, But Resolution In Progress

    Google hit back hard today after it learned lyrics site Rap Genius had been using dubious SEO tricks to attain top spots in search results. Now RapGenius.com doesn’t appear on the first page of results for a search of “Rap Genius”, and popular queries like “Jay-Z Holy Grail Lyrics” don’t bring up the startup like they used to. The reduced traffic could… Read More

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