This week is the highly anticipated Apple Worldwide Developers Conference in San Francisco. All eyes will be on getting juicy bits of information on 10.5 (aka Leopard) from Steve. I’m also betting there will be an update on the iPhone launch which is all systems go for June 29. The new MacBook Pro’s are already out, there is talk about new brushed metal iMac’s. I’m looking for a revision of the Mac mini to contain the Intel Core 2 Duo chip, which would make my home theater complete. But, I guess the only think I know for sure is that Steve will be wearing jeans and a black turtleneck shirt.
What do those three things have in common…Cisco Systems. It’s been a pretty busy two weeks with a lot of news involving ex-Cisco people. First up is Mike Volpi who is now the CEO of Joost, which is a way to watch TV over the internet. At Cisco, Volpi ran the multi-billion Routing and Service Provider Technology Group, which sells switches and routers sold to the world’s largest telcos and cable companies.
Next up is Carl Russo of Calix. Calix is another company benefiting from IPTV, by providing the head end gear for homes. Rumor is that Calix is going to IPO very soon according to Fortune.com. Carl Russo was the CEO of Cerent when it got acquired by Cisco in 1999 for an obscene USD 6.9 billion. I still don’t get why Carl insists on having a mustache…so 70’s.
Lastly and most interesting is the Country Manager for Cisco India, Jangoo Dalal is gone, he was at Cisco for over 10 years. Prior to him was Rangu Salgame, who was also in the position for a short while. For a market that is supposed to be one of the biggest, there is a lot of turmoil at the top. I’m guessing with Cisco announcing that Bangalore will be it’s 2nd headquarters, that might be putting a lot of undue stress on the sales team as everyone is watching them much closer.
Equities markets around the world seem to be quite volatile as of late. The buzz this past week on Dalal Street is the monster IPO from construction kingpen – DLF (Delhi Land and Finance). I’ve heard some people say it will be the biggest IPO ever in India and then others saying it will be number 2 right behind Cairn. Whatever it is, i’m guessing it will be a bust. They are banking (no pun intended) on their land bank for justifying such a high valuation. This coming week June 11-16, will be the book building process where everyone will see how under or oversubscribe the issue is. I’m sure the lead bankers will be telling everyone how oversubscribed it is just like during the Cairn IPO. It was later revealed the lead bankers ate about Rs. 300 CR worth of Cairn stock – hope it was yummy.
Hello, I’m in the process of moving my blog from iPowerWeb to GoDaddy. If you are seeing this post, then that means the blog is working. However, there are still some static pages (such as the pictures section) that need to be moved over. I should have everything back to normal by June 15th.
The reason I’m moving away from iPowerWeb for a couple reasons. The first is their rates, they are charging me around USD 100/year to host with them. They are good but not that good to be charging me 100% to 200% more then others, GoDaddy is charging me around USD 40/year. The second and more critical reason for me is a single location for my domain registrations and web hosting. I’ve been using GoDaddy for all my domain registrations for the past 3 years and they are very good at what they do. Overall I’m quite happy with GoDaddy and glad I made the switch.
Link to Guardian story
I rarely trust the Indian media as they typically report rumors as factual. Indian newspapers have been talking about Mukesh Ambani’s new residence and the story is being picked up by the international media. Mukesh is indeed building a monster mansion on Altamount Road, I just can’t imagine it’s going to be 570ft (typical of a 60 story but this building will have only 27 floors) and estimated at USD 1 billion dollars – that figure is definitely way off. His place is going to be called Antilla.
Between the two brothers Anil has always been more flashier and not so business focused. So it’s surprising to see Mukesh build such a massive home and not Anil.
“…The first six floors which have come up will be reserved for parking alone, and that too for cars belonging only to Mukesh’s family. Space for a total of 168 ‘imported’ cars has been earmarked here.”
Dude, where’s my car?
Update – I walked by the construction site last weekend and took a couple pictures. I’ll be taking more as the construction continues, even though they have “Photography Prohibited” signs posted – hello it’s on a public road.