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Oracle’s Bullying Tactics – Enlisting Uncle Sam February 22, 2007

Posted by Vijay in Acquisitions, Business, Happenings, iFlex, India, Issues, Oracle.
5 comments

Murali Partha forwarded this link from the Economic Times regarding how Oracle has enlisted the help of the U.S Government to ask the Indian Government to “assist them” in their acquisition of iFlex.

Here is an excerpt from the article:

Speaking to ET, official sources said the US was keen that the Indian government should make it mandatory for the minority shareholders to sell their shares to Oracle. “The US pointed out that it had a law which allowed the government to make minority shareholders sell their shares to the majority stakeholder. It argued that India should do the same in Oracle’s case,” the official said.

Bisi-Bele Baath in Oslo February 13, 2007

Posted by Vijay in Acquisitions, Business, Happenings, MTR, Orkla.
11 comments

Not really… however MTR Foods has been sold to a Norwegian company, Orkla for $100 Million. The strory is that Orkla bought MTR for its brand name and distribution network.

So, I wonder whether I can buy Bisi-Bele Baath in Oslo?

Before people start wailing, the MTR restaurant is not part of this deal as it is run as a separate business.

Goodbye to Floppy Disks February 5, 2007

Posted by Vijay in Happenings, Issues, Trends.
6 comments

The Guardian reports on its Blog that retailers in the UK have decided that they will not sell floppy disks anymore. I guess with new media devices, floppies are in the process of becoming extinct. To qoute from the article:

PC World, Europe’s Walmart of computing, has decided that it’s not worth selling floppies any more and will just let stocks run out.

According to a statement from Bryan Magrath, the company’s commercial director, the technology has just been left behind:

“It is now increasingly standard for computer users to transfer data via the internet or use USB memory sticks, some of which will store the equivalent of 1,000 times the capacity of floppy disk. With that amount of memory available in such a small and convenient device, the floppy disk looks increasingly quaint and simply isn’t able to compete.”

I still remember the 8 inch Floppy Disk. Seemed so state of the art.. then the 5.25″ and 3.5″ floppies…

Keep your old floppies, maybe they’ll be valuable antiques in time to come.