Thursday, March 18, 2010

26/11: Headley to plead guilty to escape `death'

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In a new twist Pakistani-American David Headley, a terror suspect in the Mumbai attacks, will plead guilty before a US court on Thursday, a move that may get him a lighter sentence than the maximum death penalty.

Headley, 49, who was arrested by the FBI in October last year, will move a plea bargain under which a lighter sentence can be recommended on his pleading guilty.

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Wednesday, March 17, 2010

Michael Jackson estate lands historic USD 200 million recording deal

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Even in death Michael Jackson (MJ) still rocks the world.

The estate of MJ has landed the late King of Pop the biggest recording deal in history: a $200 million guaranteed contract with Sony Music Entertainment for 10 projects over seven years, according to a person familiar with the deal.

The record-breaking contract through 2017 could be worth up to $250 million if certain conditions are met. One of the albums will be of never-before-released Jackson recordings that will come out in November, the person said.

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Monday, March 15, 2010

Google like mapping device on laptops, cell phones soon

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Think of maps, location and navigation and what comes to most minds is Google. But this mindset will change soon as competition is likely to hot up with device OEMs set to provide such mapping services through GPS loaded portable devices without the need to connect with the internet.

Spime, a California based tech company with R&D offices in Chennai, has just launched Windows 7 based alternative to Google maps. "For the first time ever, OEMs will be launching location, map, POI (point of interest), routing and navigation services on Windows 7-based portable devices competing with Google.

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Friday, March 12, 2010

Slim overtakes Gates, Buffet

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Mexican telecom tycoon Carlos Slim is the world's richest person, jumping past Americans Bill Gates and Warren Buffett to become the first person from a developing nation to top the list, according to Forbes magazine.

The rise of Slim, the son of an immigrant shopkeeper who amassed a $53.5 billion fortune and bought a major stake in the New York Times, is part of an increased presence on the list of billionaires from emerging countries, said Forbes' reporter Keren Blankfeld.

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