Wednesday, July 29, 2009

Microsoft and Yahoo seal web deal

Wednesday, 29 July (BBC) Microsoft and Yahoo have held lengthy talks on a tie-up Yahoo and Microsoft have announced a long-rumoured internet search deal that will help the two companies take on chief rival Google.

Microsoft's Bing search engine will power the Yahoo website and Yahoo will in turn become the advertising sales team for Microsoft's online offering.

Yahoo has been struggling to make profits in recent years.

But last year it rebuffed several takeover bids from Microsoft in an attempt to go it alone.

Microsoft boss Steve Ballmer said the 10-year deal would provide Microsoft's Bing search engine with the necessary scale to compete.
I believe it establishes the foundation for a new era of internet innovation and development

Carol Bartz, Yahoo chief executive "Through this agreement with Yahoo, we will create more innovation in search, better value for advertisers, and real consumer choice in a market currently dominated by a single company," said Mr Ballmer.

In return for ceding control of its search engine, Yahoo will get to keep 88% of the revenue from all search ad sales on its site for the first five years of the deal, and have the right to sell adverts on some Microsoft sites.

Famed Indian actress Leela Naidu dies

Famed Indian actress Leela Naidu has died in India's entertainment capital Mumbai on Wednesday (July 29) following a long illness.

Naidu, the 69-year old actress has featured in many films including highly acclaimed and award-winning 'Anuradha'.

Indian President Pratibha Devi Singh Patil consoled Naidu's death.

Naidu was a well known Hindi film actress who delighted Hindi movie lovers across the country with memorable hits like ''Anuradha,'' ''The Guru'' and ''Ye Raaste Hain Pyaar Ke''," she said.

Naidu, who was crowned Miss India in 1955 and renowned for her beauty, starred in films including the award-winning Anuradha.

No Balochistan dossier was given by Pakistan, says Indian Prime Minister

Indian Prime Minister Manmohan Singh on Wednesday (July 29) said that he was not provided any dossier by Pakistan on Balochistan.

He said that Yousuf Raza Gilani, Pakistani Prime Minister had not handed over any dossier to him during NAM summit in Egypt.

"I categorically say no such dossier was given to me," he said in Lok Sabha, the lower house of Indian Parliament.

Singh met Gilani in Sharm-el Sheikh on the sidelines of the NAM summit.
Main opposition Bharatiya Janata Party accused accused the Prime Minister of compromising India's foreign policy with the mention of Balochistan and warned that New Delhi will face pressure from the international community on the issue in future.

Pak should fulfill its commitments on terror: PM

New Delhi (PTI): Defending the India-Pak joint statement on Wednesday, in Parliament, the Prime Minister Manmohan Singh said, "It is impossible for any government in India to work for full normalisation of relations with Pakistan unless that country fulfills commitment to not to allow its territory to be used for terror against India".

Dr. Singh added that the people of India expect Pakistan to fulfill the commitment given in the joint statement of Vajpayee-Musharraf that Pak will not allow its territory to be used for terror against India. That is a common national consensus in India.
He also added that the Pak dossier makes it clear that LeT inspired, financed and executed the Mumbai attack and also this is the first time Pak formally briefed us on a terror attack in India.

Dr. Singh while speaking on the India-Pak joint statement added that Pakistan has said five persons, including Zaki-ur-Rehman Lakvi and Zarar Shah, have been arrested and 13 others declared as proclaimed offenders. He said that what India have got from Pakistan is much more than what it had got during NDA regime.

He said that Pakistan must shut down the terroist groups and organisations that still operate from there.

IANS report adds:

Pak admitted its nationals involved in terrorist attacks

Pakistan has admitted for the first time that its nationals carried out a terrorist attack in India, Prime Minister Manmohan Singh said Wednesday.

"It is the first that they have admitted that their nationals in a terrorist organisation based in Pakistan carried out a ghastly attack in India," Dr. Manmohan Singh said in his reply to the debate in Lok Sabha on the India-Pakistan joint statement issued in Egypt.

He said that the admission was made in a dossier given by Pakistan just before he left for his visit to France and Egypt. "This is the first time that Pakistan has ever formally briefed us on the results of the investigations of any attacks," said the prime minister.


He said that the dossier detailed the planning and sequence of investigation by Pakistan's Federal Investigation Agency, which also included the copy of first information report lodged, with photos of the arrested person.

"The Pakistan dossier states that the investigation has established beyond doubt that Lashkar-e-Taiba has planned that attack," Dr. Manmohan Singh said.

Saturday, July 11, 2009

Jackson's father suspects "foul play" in death

LOS ANGELES (Reuters) - Michael Jackson's father said on Friday he suspected "foul play" in the death of his pop star son, as lawyers disclosed talks aimed at settling guardianship of the singer's two children with his ex-wife.

The previously unknown talks caused a Los Angeles court to delay by one week a key hearing over custody of the kids, who are now being cared for by Jackson's 79-year-old mother.


Jackson's father, Joe Jackson, told ABC News in a TV interview Friday that he was dumbfounded when he learned his son collapsed at home and was being rushed to the hospital.


"I just couldn't believe what was happening to Michael. I do believe it was foul play. I do believe that," he said, without elaborating.


The "Thriller" singer died suddenly over two weeks ago after suffering cardiac arrest at his rented Los Angeles mansion. He was 50. Since then, numerous media reports have surfaced about powerful prescription drugs found by police at Jackson's home after his June 25 death.


"I didn't know anything about the drugs," Joe Jackson said. "I didn't even know the name of them. But I do know that whatever he'd taken was to try to make him rest because he had been working so hard, and that drug was supposed to try and make him relax.


"But anyway he didn't wake up. He never woke up. Michael died in his sleep."


Toxicology reports are pending on the official cause of Jackson's death, but numerous media reports have said that the dangerous sedative Diprivan -- normally used in hospitals by anesthesiologists -- was found at the singer's home.


A ROW WITH ROWE?


Jackson family attorney and spokesman L. Londell McMillan, said his legal team is now in talks with attorneys for Jackson's ex-wife, Debbie Rowe, about the key question of who will care for his children.


A judge gave Jackson's mother, Katherine Jackson, temporary guardianship days after the singer's death, and a hearing to continue her role had been set for July 13.


"We are pleased that the child custody hearing has been continued over until July 20 to allow us to continue to make progress in our dignified and amicable discussions for the best interest of the children," McMillan told Reuters.


He declined to detail the discussions or say if Rowe, was seeking custody of the two children she bore Jackson while they were married in the late 1990s: Prince Michael Jr, 12, and Paris, 11. Jackson had a third child, Prince Michael II, 7, using a surrogate mother whose name has never been disclosed.


Last week, Rowe told a Los Angeles television station, "I want my children," but later that same day her attorney told reporters in a telephone conference call that although the quote was correct, its intention was distorted.


At the time, attorney Eric George said Rowe had not made a decision about whether she would seek custody of the two kids, and since then Rowe has not addressed the matter in public.


In a 2002 will, Jackson nominated his mother to be the guardian, but legal experts say Rowe can challenge the guardianship and possibly win custody of her two children.


"California law, like many states' laws, strongly favors children remaining in a family that was intact when they were born, even if it no longer is at this point," said Scott Altman, an expert in family law who teaches at the University of Southern California.

Costliest transfers ever in World Football History

We can say that Football also means the shower of money. Below is the brief list of nine costliest transfers in the history of football.

1. Cristiano Ronaldo * 80 million pounds * Manchester United to Real Madrid - 2009
2.Kaka * 59 million pounds * AC Milan to Real Madrid - 2009
3. Zinedine Zidane * 46 million pounds * Juventus to Real Madrid - 2001
4. Luis Figo * 37 million pounds * Barcelona to Real Madrid - 2000
5. Hernan Crespo * 25.5 million pounds * Parma to Lazio - 2000
6. Gianluigi Buffon * 32.6 million pounds * Parma to Juventus - 2001
7. Robinho * 32.5 million pounds * Real Madrid to Manchester City - 2008
8. Christian Vieri * 32 million pounds * Lazio to Inter Milan - 1999
9. Andrei Shevchenko * 30.8 million pounds * AC Milan to Chelsea - 2006

Friday, July 3, 2009

Railway budhet 2009: Highlights

  • Railway budget highlights:
    Passenger and freight rates left unchanged across the board.
    Railways earn net revenue of Rs8,121 crore in 2008-09.
    Railways to pay higher dividend of Rs5,479 crore to the Centre in FY 2010.
    Tatkal charges reduced from Rs150 to Rs100.
    Ladies' specials on suburban train routes during peak hours.
    'Izzat' monthly tickets of Rs25 (for up to 100 km travel) for people from the unorganised sector with an income of less than Rs1,500 per month.
    New coach factory at Kanchrapara in West Bengal.
    Cold storage facilities for farmers to store vegetables and fruits.
    Talks to take over ailing wagon manufacturing units.
    18,000 wagons to be acquired during the current year.
    Railway medical colleges and rail hospitals on public-private partnership basis.
    Student concession will cover madrassa students.
    Special coaches for disabled and aged people.
    50 stations to be developed along world-class standards.
    375 stations to be upgraded as 'Adarsh' stations, with basic facilities such as drinking water, toilets and ladies' dormitories.
    Availability of doctors on-board long-distance trains.
    On-board infotainment services to be provided.
    6,560 staff quarters to be constructed in 2009-10.
    High-capacity double-decker A/C trains to be introduced.
    57 new trains to be introduced.
    12 non-stop trains to be introduced.
    Accredited journalists to get 50% rebate; also once a year with spouse.
    1,000 MW power plant proposed in tribal area Adra.
    Cash surplus of Rs17,400 crore before dividend.
    Railways have investible surplus of Rs12,681 crore.
    Annual plan expenditure pegged at Rs36,336 crore.