Yahoo Sued for defective Ad System
A class action lawsuit has been launched against Yahoo claiming it mislead investors that its new ad system would make more money.
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This is my space in the world wide web , where I express my point of view on issues close to my heart. My blog has a special focus on Technology , Online Advertising (Yahoo vs Google) , Education , Movies and issues related to HR
A class action lawsuit has been launched against Yahoo claiming it mislead investors that its new ad system would make more money.
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If you are looking for a service-independent webmail/IM service, you’ll want to check this out.The key difference between Orgoo and the major Internet webmail services (Gmail, Yahoo, Live Hotmail, AOL) is that it also integrates instant messaging from all major providers.
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I have tried to steer away from politics in this blog (though I do have a strong views on the same )....barring some posts on reservations ...this blog has been apolitical. However when I came back from work today , an article in the Mumbai mirror provoked me to write this post .....which has political content and lashes out at Somnath Chatterje's candidature for the President of India .
The Context
In order to understand this post in its true spirit it is imperative for the reader to have a context of West Bengal and its polity. I was brought up in Kolkata ,.....we migrated to the city in 1977 and I lived there till 1995 . In these 18 long years , I have many experiences with the politics of the state -the good ones being :
caste free society
empowerment of villagers
the implementation of the land ceiling
However with this came trade union aggression , lock outs , strikes , depletion of employment opportunities ,scientific rigging , an aggressive and arrogant CPI(M) cadre etc . It did not take the Left many years to decimate the economic fabric of the state .When I qualified as a CA in 1995 , I found it very difficult to find a reasonable job in Kolkata and soon had to migrate out of the city.....today as an expat Bengali (Probasi Bangali) and with the current state of economic progress , I reckon the doors of the city are closed to me for ever ....
The CPI(M) and Somnath
Somnath Chatterjee, the MP from Bolpur was the Chairman of the West Bengal Industrial Development Corporation (WBIDC) during the tenure of Jyoti Basu. I will never forget those days , when almost everyday, leading Kolkata based newspapers would carry stories of innumerable overseas trips that Mr Chatterjee made to promote FDI in West Bengal. His penchant for signing Memorandum of Understanding (MOU's), many of which never came to fruition earned him the nickname Mou-da. The industrial climate was so despondent that industries closed down ............Dunlop, ICI , Bharat Metal Box, Hind Motor ...could not withstand the rage of the communist labor unions . It would be fair to say that our Presidential candidate was a one of the key facilitators of this regressive process , West Bengal once a leading industrial state was converted seamlessly to an industrial waste land courtesy people like Jyoti Basu , Pramode Dasgupta and of course Mr Chatterjee included . It is ironical that the current Chief Minister says that the process of industrialization of the state is irreversible .......building a few shopping malls in Kolkata is not exactly industrialization.
Here is why according to me Somnath does not qualify for the job at Rastrapati Bhavan
a) He represents a political interest group which has always worked against the development of this nation , in the garb of inclusive development the Indian Left has been a show stopper to the nation's development and neither have they been able to deliver as is evident in West Bengal , a state that they have been in power for about 3 decades now .Can we have a President from a political party which is not exactly buoyant with the 8%+ growth that we hope to achieve as a nation
b) His track record as WBIDC Chief is appalling and if that man could replicate the same performance as a President , our national anthem can well be " God Save India" !!
c) His views on Judiciary ,post the Supreme Court's stay on the OBC reservation issue , mirror the myopia of his party's top boss Sitaram Yechury , the least said about it is better......It truly amazes me that a lawyer by profession, Somnath has not learnt to value the independence of the judiciary.
d) In 2005, our pompous Mr Chatterjee was caught in a controversy over his statement on the Supreme Court orders related to the vote of confidence in the Jharkhand Assembly. He accused the Supreme Court of encroaching on the rights of the legislature
e) On a lighter note , as a President he would only go down well only with a Bangladeshi audience (courtesy his English with a thick Bengali accent ..) , I fear that his global trips ,(given his love for international travel -as displayed during his stint in the WBIDC) would be great occasions to erode the growing brand India
In conclusion
Have there been Presidents who have been worse than Somnath -the answer is a resounding yes , but the larger question to ask "can we afford a person like Somnath as the Head of State at a juncture of our history when the nation is poised for unprecedented growth" ...definitely not ..what say you ?
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8:42 PM
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I went to see Spiderman -3 , in the sparking new Palm Beach Galleria today morning . My five year old Neelabjo is a crazy Spiderman fan , we have DVD's of both the movies, innumerable CD's of the cartoon version and often watch them to kill boredom.
As one would expect , there are digital effects galore to remind us that Sony is a high-tech company and getting better in what it does everyday. The three hours was full of interesting digital effects particularly when the new villain the Sandman is transformed into a sandstorm and pulverizes half of Manhattan . Sandman provides more than a serious challenge to Spiderman and in course of the movie learns of a connection with the murder of his Uncle Ben with the Sandman . To make matters worse a mysterious black alien substance turns his Spiderman costume black . This black thing is an alien parasite which feeds on a host body and brings out the darker side of Spidey that nobody has seen before. The central theme of the movie is how Parker deals with the darker side of him when he was actually enjoying it and manages to overcome it .
However if I were to critique the movie , I would say the "evil" side of Spiderman is hopelessly mild mannered . The audience is exposed to a tableau of his Mr Hyde exploits. His hair droops over his eye , he flirts with the women in Queens and Manhattan , he is rude to his girl , dances like a Travolta in a night club before making an ass of himself ......not exactly a horrifying sneak preview into the nadir of the human soul . Spider manages the struggle with his evil self well and soon comes out of it and in the end copes with Sandman .......in the process he loses his childhood friend Harry Osborne.
In conclusion a well thought through story line , very well executed digital effects contribute to make it a great viewing experience .
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5:01 PM
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3:35 PM
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In one of my earlier posts , I had talked about my bias about discovery based learning for school children . According to me the malaise of our education system is the overemphasis on rote learning to the extent that constructivist/discovery learning is completely ignored . However the question was how do we implement discovery learning across a country like ours . In another post I had also mentioned about technology based applications for learning and the presence of technology based classrooms in rural Karnataka , but it did not seem to be a scalable model . In the absence of a plan , I would assume that it would be interesting to implement the One Laptop per Child (OLPC) project which is being led by Nicholas Negraponte of MIT Ad Labs .
The One Laptop per Child association (OLPC) is a not for profit organization set up to oversee The Children's Machine project and the construction of the XO-1 "$100 laptop". The objectives of the OLPC is to facilitate learning in developing countries and to provide a children's machine at approximately USD 100 . Wikipedia has documented the details of the project including the hardware of the machine . As per plan the laptops will be sold to governments of developing countries and distributed through the respective ministries of education willing to adopt the policy of one laptop per child . At this point in time 13 countries (including Pakistan) have committed to the project in various ways , India does not feature in the list and the reason being that our HRD Ministry believes that it can manufacture the same laptop for US 10 . Considering the fact that as a nation our capabilities in computer hardware manufacture is quite limited , I fail to understand how the HRD Minstry is planning to execute the project at this price . According to me the OLPC is a great way to kick start the process of technology enabled education at a grass root level and hopefully the myopia of Arjun Singh will not come in the way of making use of global synergies (ie the OLPC laptops ..).... lets see when the USD 10 laptop of the Minstry of HRD takes off , if at all .....or is this another missed opportunity !!!
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11:26 AM
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New York Post and the WSJ.com reported today (4 May 2007) of a possible merger between Microsoft and Yahoo to combat the growing influence of Google . The rationale of the merger would be to compete with the scale and the search capabilities of Google and the failure of the Panama search engine ,which has widening the gap between Yahoo and Google and coupled with Google's plan to develop web based software which directly competes with Microsoft Office , makes it imperative for Microsoft to react now .
Charlene Li analyzes the possible implications of the merger and opines that while on paper there are synergies in the merger , but the combination (Microsoft+ Yahoo) may not be able to deliver the goods that are the strategic intent of such a combination
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8:36 PM
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Rupert Murdoch's $5 billion takeover bid of Dow Jones and Co has sparked of an auction for the 125 year old publisher . This first leg of the drama has been reported by Bloomberg
Michael Chren, managing director of Allegiant Asset Management Co. in Palm Beach Gardens, Florida quoted that other bidders would include General Electric (owner of the CNBC network) , Washington Post and even Google Inc .
Jon Murchinson, spokesman Google, declined to comment, Washington Post Chief Financial Officer John Morse wouldn't comment, while Jack Immelt of GE negated the news .
Google watchers , will keep you updated on this from Google's perspective.......
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6:37 PM
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Readers of my blog and my close friends would find it surprising that I am writing a film review . People close to me know that I am not a film buff ......and my wife is quite an opposite , she loves Hindi films , is a die-hard Amitabh fan and I am exactly the opposite....(though I like to dance to the tunes of filmi music with pretty women...) Hindi films are at times the cause of matrimonial stress....but more on that some other day .
A couple of weeks ago my dear wife got me tickets for a film called "Kholsa ka Ghosla" ....and my first reaction was "Oh my God , not another one"....I was sure that this was one of the variants of "Mehne...XYZ...Kiya", while I have nothing against such kind of films but neither do they particularly excite me ....but I decided to go along to the theater with an open mind...as open as I could keep it ....... It was a three hour film and I must say it was an amazing experience . Kudos to Director Dibakar Banerjee, who in his first outing presented a social problem with a delectable blend of comedy.
As one would easily guess the setting of the film is in New Delhi (Khosla being a common Punjabi name).......it's about a middle class government employee who wants to build his dream house (ghosla) . He lifetime savings went into buying a piece of land for a princely sum of Rs 30 lakhs. The members of Mr Khosla's household view this piece of land acquisition through their own filters -his younger son is indifferent, he wants to go to the US and already has a job in NY , so he doesn't care for dad's ghosla , the elder good- for -nothing son is amused ...Ms Khosla supports her husband in his Taj Mahal dream .....and finally on one Sunday when the family goes to do the Bhumi Pujan...they realize that their plot has been captured by land shark Khurana (played by Bomman Irani). His dream shattered ,Mr Khosla ,goes to meet Khurana who demands a hefty ransom to release the plot that was rightfully his . Mr Khosla approaches the police , the local politician and an NGO , all of them have a standard response , "we will negotiate with Khurana and bring down the ransom amount , you pay us our fees..." in this day and age , you would expect the police and the politicians to do this to you , but not NGO's......... a dejected Khurana loses all hope of getting back his land.......while the drama of deceit was unfolding , there was a transformation happening parallely........Khosla's second son (the one who wanted to settle down in NY) was silently feeling his father's pain and was plotting to pay back Khurana....he and his friends duped Khurana to buy a plot of land which belonged to the fisheries department and with the proceeds of the sale to paid back Khurana his ransom and releasde his father's plot .
The issue of land grabbing and harassment is quite common in India . My father was harassed by local CPI(M) and Congress goons when we decided to build a house in Kolkata in 1986 , and a middle class family like ours had no recourse ....it's been two decades after that and still today the social evil not only exists but has been compounded , at least twenty years ago there were some checks and balances in society , there were avenues for the "aam admi" to be heard ....not any longer , the film brings out how the situation has become worse with the NGO's also doing their fair share to complicate matters ( I am not at all suggesting that all NGO's do it , but I am personally aware of many who claim to be NGO's but their objectives are not exactly what their MOA claim to be...).
This film shows the middle class how to survive , and if it means to pay back these corrupt elements in the same coin...so be it ....how long can we the Indian middle class be harassed by our polity , our police ...
This brilliant theme and the script was brought to life by versatile actors like Bomman Irani , Anupam Kher , others like Tara Sharma , Ravin Shorey and Parvin Dabas form a perfect caste for a near perfect film......
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8:38 PM
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Labels: Movies and Entertainment

Viacom in a suit filed in March 07, alleged that YouTube was guilty of building a library of copyrighted video clips without permission and thereby blatantly violating copyright norms . Google's response has relied heavily on the of the "safe harbor"provision of the Digital Millennium Copyright Act, enacted in 1998. The New York Times quotes ...."Those provisions generally hold that Web sites’ owners are not liable for copyright material uploaded by others to their site as long as they promptly remove the material when asked to do so by the copyright owners "
The Technology section of the New York Times carried a detailed article on the subject
This article is an interesting read for Google watchers and a negative outcome of this suit may significantly alter the fortunes of YouTube and impact Google's overall strategy adversely. More updates soon......
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5:47 PM
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Yahoo announced in 30 April 2007 its decision to buy off the rest of Right Media Inc for USD 680 million (it had already bought 20% of the company in October 2006) . Right Media's business model is unique ..... for an advertiser the network facilitates buying media through a transparent process in an auction-based exchange. The model ensures that network barriers come down, giving the advertiser open access to the entire market of sellers and their inventory. Because the advertiser now manages all sellers in a common platform, it gives him a a clear sense of how his advert objectives have been served, where the best new users lie. Bidding for each impression based on the value it generates and therefore and advertiser never overpays .
This acquisition is a strategic move to bridge the gap between rival Google's pay-per-click advertisements that run alongside its search results and also the growing popularity of Google Adwords . It is interesting to note that Yahoo has been trying to migrate to a similar revenue model like Google for quite sometime now , Project Panama is also a step in this direction . However Project Panama has failed to deliver at least till now (as borne out by the Q-1 results of Yahoo) , therefore this acquisition could well be the last throw of the dice by Yahoo to get close to Google . It is also important to note that the Google -DoubleClick deal has been completed only recently and the impressive Q-1 results of Google do not include the financial impact of the deal . Google analysts say that post the deal , DoubleClick is working in creating an ad exchange (which is what Right Media also offers ...)
Financial Implications
At the time of acquisition ,Right Media had around 20,000 advertisers, publishers and networks to its online advertising exchange. In its advert network it has 1,000 customers on whose behalf it sells advertisements and its revenue is projected at USD 70 million this year and is expected to break even by the end of the year
Financially I don't think this acquisition is going to make a difference to Yahoo's results this year , because the deal is expected to be closed in Q-2 of this year . Analysts say that the valuation's are a bit pricey , however strategically the deal is expected to boost Yahoo's fortunes in the display advertisement business .
In conclusion
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