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Comment Re:How (Score 1) 110

They have got $133M in cash and equivalents. And a $1.5B in debt. Basically the company is chewing down its own rear. KKR, Silverlake, Tech Crossover have 68.5% stake in the company. The CxO's are having a good time. $12M per year for CxO's is a great deal for a bunch of morons. So the IPO is a nice way to try to extend the party the morons are enjoying before they float their resumes and land at another party.

Comment 7'' is not good for reading (Score 1) 321

I find it difficult to read tech books on a 7'' screen. I prefer a 10'' screen for reading tech books. In fact I find 10'' inch suitable for novels too. So I prefer a 10'' kindle. I wish it could open many more formats comfortably, like pdf's, djvu's, chm's etc. apart from epub and mobi. Plus note-taking and highlighting would make it perfect. It doesn't exist. So I didn't bother to own a kindle.

Comment Re:The Nook is/was excellent (Score 1) 321

I find it difficult to read tech books on 7'' screen. I prefer a 10'' screen for reading tech books. In fact I find 10'' inch suitable for novels too. So I prefer a 10'' kindle. I wish it could open many more formats comfortably, like pdf's, djvu's, chm's etc. apart from epub and mobi. Plus note taking and highlighting would make it perfect.

Comment Not so important in the context of India (Score 1) 138

This isn't so important in the context of India. In India political parties have better and more effective methods to influence the voters. One method that is currently the favorite is to bribe the voter. In the currently held election political parties were offering $8 to $16 per vote. Another method is called as "booth capturing". Where a bunch of goons or politically influential people storm a polling booth and start pressing the buttons on the voting machine in their favor. The prime ministerial candidate from the currently ruling party was caught doing exactly that. The penalty would be that he might have to privately apologize. Another popular method is to spread fear among the voters. Some employers have threatened their employees to vote for a particular party or risk losing their job. Most people are not aware that its a secret ballot and hence comply. May be its true too, who knows? The voting machine could be watching you.

The rich become powerful and the powerful become rich. Democracy is a charade.

Comment Yes (Score 1) 338

Yes, Internet is increasingly becoming an essential piece of infrastructure. Government should own the infrastructure and probably involve private players to lay, maintain and upgrade the network infrastructure.

How about Banking? Should Banking become publicly owned too? Or is Bitcoin the right model?

Comment Re:Best use for Windows 8.. (Score 1) 172

MS didn't fork because they wanted to make their desktop users (95% market share) *naturally* get used to and then gravitate to the windows mobile market (2% share). Windows mobile lacked apps and app developers. So they wanted to capitalize on their existing windows desktop app's and app developers by making them develop for the common windows 8 platform. As Ballmer said, Windows 8 is a big risk for MS. The risk that the mobile market may instead drag the desktop market share in its direction. Reducing the desktop market to ~2%.

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