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Yashica Vashishtha

Yashica is a Software Engineer turned Content Writer, who loves to write on social causes and expertise in writing technical stuff. She loves to watch movies and explore new places. She believes that you need to live once before you die. So experimenting with her life and career choices, she is trying to live her life to the fullest.

Paul Allen : Self-made Billionaire & the Co-founder of Microsoft

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A business magnate, investor, philanthropist and also a cancer survivor, the computer enthusiast, Paul Allen, was the one, who persuaded Bill Gates to drop out of his college and start a software company, that later, became the multi-billion Microsoft. He was the 46-richest person of the world, at the time of his death and comprising of 100 million Microsoft shares. The self-made billionaire also founded another multibillion-dollar company,  Vulcan Inc., which managed his various business and philanthropic efforts.

Early Life

Paul Allen was born and brought up in Seattle, Washington, U.S. He was born on 21 January 1953, to Kenneth Sam Allen and Edna Faye Allen. His father worked as the associate director of the University of Washington Libraries. Paul completed his schooling from a local private school named as Lakeside School. This was the place, where he met his two years younger friend, Bill Gates. The two shared a common interest- Computers. Both of them started learning programming languages and improvising their skills. They also sneakingly used the laboratory of the Computer Science Department of the University of Washington, to carry out their experiments. As they were not the students of the university, they got banned from the University campus, in 1971, after they got caught by the university authority. Later, Paul got a 1600 SAT score and got proper admission to the Washington State University, as a student.

Founding Microsoft

Allen decided to leave the college only after two years of his enrollment, to join a job as a programmer, for Honeywell in Boston, near Harvard University. Gates was an alumnus at the Harvard University. After working for a small time at the Honeywell, Allen convinced Gates to drop out of the university and start Microsoft with him.

Paul Allen
Image Source: geekwire.com

Allen and Gates together, built software for the first microcomputers on BASIC. They started marketing for their software, and in 1980, they bagged a contract from IBM. According to the contract, they had to develop a Disk Operating System (DOS) for the IBM PCs. The two were not able to complete the order, hence Allen made a deal with Tim Paterson, and purchased his QDOS (Quick and Dirty Operating System) software to complete the contract. The deal was a success, and Microsoft emerged as a leading software development company.

In 1982, Allen was diagnosed with Hodgkin disease, and hence, resigned from his post of Microsoft’s chief technologist. It led the parting of Microsoft shares between the two partners in 60:40 ratio, Allen having 40 per cent shares in the company.

Allen served as the member of the board of Microsft until 9 November 2000 and remained as a senior strategy advisor to the company’s executives.

Other Ventures

After leaving Microsoft in 1982, Allen invested in other businesses. Allen with his sister Jody Lynn, co-founded Vulcan Inc., in 1986. Under Vulcan Inc., Allen made various investments in different fields, including America Online, SureFind, Starwave, hardware, software, and wireless communications. He also founded the Vulcan Capital under Vulcan Inc.

Allen and Judy had also started a film production company named Vulcan Productions, and produced films like We The Economy, Far from Heaven, Hard Candy, Where God Left His Shoes, Judgment Day: Intelligent Design on Trial, Racing Extinction and Body Team.

Allen was also into philanthropy and contributed more than $2 billion towards the advancement of science, technology, education, wildlife conservation, the arts, and community services in his lifetime. A trust named as Paul G. Allen Family Foundation was also founded by Allen, that had donated $494 million to over 1,500 nonprofits.

Allen also launched institutes like The Allen Institute for Brain Science (2003) and Allen Institute for Artificial Intelligence (2014), that carry out the scientific researches.

Personal Life

Allen stayed single whole his life. He was assumed to be reclusive. Allen was a pro guitarist and got his first guitar at the age of sixteen. Even Sony had released his major label with the name Everywhere at Once by Paul Allen.

Allen also owned two professional sports teams, the Seattle Seahawks of the National Football League and the Portland Trail Blazers of the NBA.

In 1982, after receiving radiation therapy for his Stage 1-A Hodgkin’s lymphoma, Allen had recovered from the disease. But, in 2009, he was again tested positive with non-Hodgkin lymphoma. It was also cured after treating Allen for a long time. Although cancer returned back and Allen died on 15 October 2018.

The Festive Sales Came to an End, Earning Double Profits For Flipkart & Amazon

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flipkart-amazon-sale
Image Source: theweek.in

The festive sales in India, inspired by the Singles Day event in China and the Cyber Monday in the US, have been repeated a few times now. Flipkart’s Big Billion Days Sale was the first of its kind (India), that was organised in October 2014. The five days sale of Flipkart, and the six days Amazon’s festive sale, has come to an end, and after the sales, Flipkart has claimed its 70% market share in the Indian e-commerce market, and likewise, Amazon has also recorded a huge profit in the sales. In fact, both the companies have earned double of the profits they had gained in the previous year’s sale.

The profits, that Amazon has earned in this festive sale, have registered its best-ever performance, nearly equal to the Flipkart’s Big Billion Days Sale. Although Flipkart is still in lead, Amazon’s India head Amit Agarwal reportedly said that the sale has given outstanding results, and has gained more profits, before the end of the sales. Also, it has surpassed all the expectations. He also said. “There are two specific areas, where we pay particular attention to, which is: the new customers and the reach of those customers, and Prime member sign-ups.” The sales added 80% new customers from the rural area to the Amazon customer base, and there have been new sign-ups for Amazon’s Prime Membership. According to the reports, Amazon sold 1 million Xiaomi smartphones, and also, the one plus phones worth 400 crores, in a day.

On the other hand, Flipkart has gained two times more profits than the previous year’s sales, fashion products playing the most vital role in it. It also sold 3 million smartphones on a single day and has claimed 85% shares in the smartphone market on that same day. A Flipkart spokesperson said, “Gross merchandise value (GMV) grew 80 per cent over the last year, whereas units grew by close to 2X year-on-year.” According to Flipkart, the BBDS 2018 has smashed all its previous records. It also gained almost 50% more customer base for Flipkart and welcomed 25 million visitors on its app, on one of the sale days.

Both Amazon and Flipkart had introduced EMI and other new payment options to attract more customers from the rural areas of India. And, based on the sales, one must say that both have achieved beyond the targets. Along with Amazon and Flipkart, other e-commerce sites including Shopclues, Snapdeal and Paytm Mall also organised their festive sales and has seen a surge in their profits this year.

Walt Disney : The Pioneer of American Animation Industry

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Disney, a name that can bring a nostalgia among the adults and happiness among the children. The Showman, animator, voice actor as well as the film producer, was the pioneer of the animation industry and cartoon films. The man was a dreamer himself and introduced the world with his the imaginative world, through his cartoons. The creator of the Disneyland did not have an easy path paved for him and had to face difficulties to reach the place where he stands now.

Early Life

Walt Disney was born on 5 December 1901, as Walter Elias Disney, to Elias Disney? and Flora. He had three brothers Herbert, Raymond, Roy and a younger sister Ruth Disney. He was born in Chicago, but his family moved to Marceline, Missouri, in 1906, to do farming. In Marceline, Walt Disney joined the Park School, along with his sister, in late 1909. At the same time, he developed an interest in drawing. He tried copying the front-page cartoons of Ryan Walker in the ‘Appeal to Reason’ newspaper. His interest grew more when he got paid for painting a horse for his neighbour, a retired doctor.

Later, Disney’s family moved to Kansas City, Missouri, in 1911, where his father started a delivery route for ‘The Kansas City Star’ and ‘Kansas City Times’ newspapers. At the time’ Disney joined the Benton Grammar School’ and also helped his father with his work of selling newspapers. Disney also enrolled in a correspondence course in cartooning from Kansas City Art Institute. Meanwhile, he also became familiar with theatre and the world of vaudeville and motion pictures, through one of his classmates, Walter Pfeiffer.

Walt-Disney
Image Source: fanpop.com

In 1917, Walter’s father brought their family back to the city, as he became a shareholder of a Chicago jelly producer, the O-Zell Company. In the city, Walter joined the McKinley High School. He also joined the night classes at the Chicago Academy of Fine Arts. The first world war was on, and the young Walter wanted to join the army. But, being an under-age, he was not selected. As a result, he forged his age in the certificates to join the Red Cross as the Ambulance Driver. The army posted him in France. There, he met the future founder of McDonald’s, Ray Kroc who was also working as an ambulance driver at that time. Walter never left drawing, in fact, he drew cartoons for the Army newspaper, and also, painted the ambulance with cartoons. After the world war was over, he came back to the US, in October 1919, and joined the Pesmen-Rubin Commercial Art Studio, as the apprentice artist.

Early Career

Within one year of Walter’s joining at the Pesmen-Rubin Commercial Art Studio, he had to leave the company, as it was going low at business. In 1920, along with Ub Iwerks, a colleague, from Pesmen-Rubin, he started his own company named as Iwerks-Disney. But, the company failed to accomplish its goals, and both the partners put it on hold, to join Kansas City Film Ad Company, that worked on the cutout animation technique. By the time, Walter found that the cel animation was more promising than the cutout method, and tried to convince his boss A. V. Cauger, to adopt this method of animation. But, failed to do so. He knew the potential of this technique, hence he borrowed a camera and a book, to experiment on the same. He started producing cartoons for a local Newman Theater, in the name of Newman’s Laugh-O-Grams. His cartoons became a huge success and he, along with with a co-worker, from the Film Ad Co, Fred Harman, founded the Laugh-O-Gram Studio, in 1921. He then hired his friend Iwerks, Rudolf Ising and Fred Harman’s brother Hugh.

Under the name of Laugh-O-Gram Studio, he produced Alice’s Wonderland?, taking Virginia Davis in the title role. But, before the completion of the film, his company was already shut due to lack of funds.

Founding Walt Disney Company?

Walter’s failure in business never stopped him from trying. In July 1923, he moved to Hollywood, to his brother Roy, and started looking for a buyer for his 12-minute short film Alice’s Wonderland?. At the same time, Margaret J. Winkler, a film distributor, was also facing struggles with the rights on both her cartoon series’ the ‘Out of the Inkwell’ and ‘Felix the Cat’. Walter needed a buyer and Winkler wanted a new series. So, both of them signed a contract for the Alice’s Wonderland. This contract led to the opening of Disney Brothers Studio?, that became The Walt Disney Company? in future. For the production purpose, Walter persuaded Iwerks and Virginia Davis, along with her family, to move to Hollywood. He also signed a $100 a month contract with Davis.

The Alice series ran successfully, for six long years, and but in those six years, Walter became bored of it. By the time, Winkler’s husband Charles Mintz had taken over Winkler’s work and became more involved in the production. At the end of the year 1927, Disney and Iwerks created Oswald the Lucky Rabbit. He wanted the producers to pay more for the new series, but, Mintz was not in favour of that. It caused friction between the two, and Walter was left alone, again with his friend Iwerks, with no property rights to Oswald.

Oswald was already a success, so, Disney needed a potentially better character, which could beat Oswald’s character. In May 1928, Disney and Iwerks produced and tested the screening of the short cartoon film, Plane Crazy, featuring Micky Mouse, for the very first time. Although in the first and the second film of Micky Mouse, Disney could not get a distributor, soon, Walter signed a contract with Universal Pictures. In the next films, Walter also included sound and music. Soon, to increase the efficiency and benefits, he hired more lower-paid artists to draw key poses and tried to negotiate with the distributors, on the payments. But, this resulted in Iwerks to leave Disney and join Universal Pictures. This incident also made the other artists leave Walt Disney, as they thought that he cannot handle the company alone without Iwerks.

Disney was at loss, both financially and mentally. But, Columbia Pictures came to the rescue, and Walter signed a contract with the company. This partnership became a massive success, and he started filming the cartoons in colour. In 1932, Walter won his first Academy Award for Best Short Subject (Cartoon). He also received an Honorary Award for the creation of Mickey Mouse.

In 1934, Disney started his first biggest project, Snow White and the Seven Dwarfs. The production cost for the film was $1.5 million and was called a “Disney’s Folly” by the people, as it was an overbudget project and took four years to complete. But, as the movie released, it became the most successful motion picture of 1938 and was critically acclaimed. Due to the second world war, his next two cartoon films, Pinocchio and Fantasia, could not do well, leading his company into debts. Hence, in 1940, he made the company open for its first public stock offering.

During the second world war, Disney produced many cartoon films, based on the war and Training Films Unit. The war also gave birth to the character of Donald Duck. The films based on the war gained enough revenue for his company.

After 1950, Walter produced various successful live-action movies, including Cinderella (1950), Treasure Island (1950), The Story of Robin Hood and His Merrie Men (1952), and Peter Pan (1953), etc.

In July 1954, Disney started constructing a theme park, in Anaheim, 35 miles (56 km) south of the studio. Just in one year, Disneyland was opened in July 1955 and it had 20,000 visitors a day in the coming year.

Personal Life & Death

Disney married, Lillian Bounds, in July 1925. Lillian was also an ink artist, who started working with Disney in 1924. They had two daughters Diane and Sharon (adopted). Lillian Bounds was one of his motivating power, that kept him going.

Disney holds the record of winning the maximum number of Academy Awards by an individual, by winning 22 awards out of 59 nominations. He also earned the Golden Globe Special Achievement Awards and multiple Emmy awards, along with other honorary awards.

Walter was a chain smoker, that affected his lungs badly, resulting in a lung cancer. Even after receiving proper treatment, Walter died 10 days after his 65th birthday, in the St. Joseph Hospital, Burbank, California.

India Gets its Google One Cloud Storage; Monthly Subscription Starts at Rs. 130

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Google Cloud
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Google offers a 15 GB free storage to all of its users, but, on 15 August 2018, it launched its paid cloud storage Google One. Google One is a monthly storage plan for the users that is available for on the usage of all of its products such as Google Drive, Gmail, and Google Photos. At the time of its launch, it was only accessible for the US citizens, but Google had planned to make it available for the users worldwide, India being its priority.

Last week, Google, finally, launched its monthly subscription plans, for its Indian users. The basic plan for the cloud storage starts from Rs 130/month and is expendable to Rs 19550/month. In Rs 130, the user will get 100GB of cloud storage, for a month. It was assumed that the Indian audience will get those subscription plans at a cheaper price. But, the price is almost the same as the plans offered to the US citizens.

The Google One, cloud storage subscription plan, for India, includes 200GB storage at Rs 210/month, the 2TB plan at Rs 650/month, 10TB plan for Rs 6500/month and the 30TB plan at Rs 19,500/month. In the US, the 100GB storage plan costs $1.99/month, 200GB plan costs $2.99/month, 2TB plan is for $9.99/month, 10TB storage plan for $99.99/month, a $199.99/month for the 20TB storage plan, and 30TB storage is for $299.99/month.

Google’s cloud storage also offers two months free storage on some selected subscription plans. According to the offer, a 12-months plan subscriber will get a two months free storage. The user has to make the payment through the Google Play app. The ones who will take the 12-months subscription plan will have to pay only for ten months of the subscription. Also, the users can share the storage with five other members of their families. Google has also provided its cloud storage subscribers with one-tap access to experts help and perks like Google Play credits and offers on hotel deals when the user searches and books hotel on Google apps.

Steve Ballmer : The Former CEO of Microsoft

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In the past three decades, Microsoft has become one of the most successful software company, making Bill Gates the richest person in the world. The people behind the success of Microsoft stuck with it since the beginning of the company and has been a part of it till now. It is not only Bill Gates who is responsible for the rise of Microsoft, but people like Steve Ballmer have also been the strongest pillar of the Microsft empire. From the product manager to the CEO of Microsoft, Steve has also seen tremendous success with the success of Microsoft.

Early Life

Ballmer was born as Steven Anthony Steve Ballmer, on 24 March 1956, in Detroit, Michigan, to father Beatrice Dworkin and mother Frederic Henry Ballmer. His father worked as the manager at the Ford Motor Company. He spent three years of his childhood in Brussels, where he attended the International School of Brussels. After coming back to Detroit, he joined the Detroit Country Day School. Being a bright student, Ballmer was able to win a scholarship after scoring 800 marks in the mathematical section of the SAT.

After completing his school, Ballmer joined Harvard University and earned a B.A. degree in applied mathematics and economics. In the college, he not only excelled in studies but also, acted as an important part of various college activities and clubs.

Steve Balmer
Image Source: forbes.com

After graduating from Harvard University, he started working as the assistant product manager at Procter & Gamble. After working for two years in the same position, Ballmer decided to go back to school, and pursue a master’s degree. Hence, he enrolled in the Stanford Graduate School of Business in California.

Journey with Microsoft

Ballmer had met Bill Gates at the Harvard University, as he was also a fellow student there. In fact, Ballmer scored more than Bill Gates, in an exam conducted by the Mathematical Association of America’s. The time he was studying at the Stanford Graduate School of Business, in California, Bill Gates offered Ballmer the position of the 30th employee and the first Business Manager of Microsoft. Ballmer left his studies in between, and joined the company, on $50,000 salary and a small share in the ownership of the company.

Besides securing the position of the Business Manager of Microsoft, Ballmer also held the positions in the operations, operating systems development, and sales and support, in the company. In 1993, Ballmer became the Executive Vice President, of the Sales and Support department of Microsoft.

In July 1998, he was appointed at the second highest position of the company, becoming the President of Microsoft. He was also the head of the .NET Framework development team.

On 13 January 2000, Bill Gates handed over the position of the CEO to Ballmer, continuing as the chairman of the board, and the chief software architect of Microsoft. At the time Ballmer was the CEO of the company, Microsoft saw a huge surge in the profits and annual revenues of the company. Ballmer became one of the most successful CEO, and his performance made him top the list of the most efficient CEOs of all time.

Ballmer as the CEO of Microsoft started various new businesses and introduced the competitor of Sony Play Station, i.e., the Xbox, to the world. He also created the most powerful services, under the name of Microsoft, such as Exchange, Windows Server, SQL Server, SharePoint, System Center, and Dynamics CRM. Also, he led the many beneficial acquisitions of his time including Skype.

By the end of 2012, few of Ballmer’s decisions, as the CEO of the company, resulted in bad backfires, resulting in criticism. In fact, he was named one of the worst CEO’s by the BBC, in 2013. Even with the criticism, he was able to accomplish the major acquisition as CEO for Microsoft, by acquiring the Nokia’s mobile phone division, in September 2013. On 4 February 2014, Ballmer retired as the CEO of Microsoft and also resigned from the Board of Directors of Microsoft, on 19 August 2014.

Personal Life

Ballmer is married to Connie Snyder, since 1990. He along with his wife and three sons live in Hunts Point, Washington. After retiring from Microsoft, he purchased the NBA’s Los Angeles Clippers in a bid of $2 billion, on 29 May 2014. He is also in philanthropy, and donated $50 million to the University of Oregon, in 2014 and US$1 million the Jewish National Fund, becoming a member of its Chairman’s Council.

Tata Takes the Initiative to Appoint the Third CEO of AirAsia India

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AIRASIA
Image Source: thehindu.com

AirAsia India, after much controversies, appointed its third consecutive CEO, again from a non-aviation field. Sunil Bhaskaran, who is currently working as the Vice President of Corporate Services at Tata Steel, will take over as the CEO of AirAsia India from 15 November 2018.

The AirAsia India was founded five years ago in 2013, having appointed its first CEO, the then head of an advisory firm Egon Zehnder International, Mittu Chandilya. Chandilya was also from a non-aviation field, and it brought him many challenges, too. At the time he got caught into a controversy, involving the employment of a lobbyist to get an aviation rule revised.

The second non-aviation CEO of AirAsia India, Amar Abrol, was appointed in April 2016, replacing Mittu Chandilya. Abrol was working as the head of a start-up company, before joining as the CEO of the airline. In May 2018, he left the position of the CEO to accept an important position at the parent company of AirAsia India, in Malaysia.

Bhaskaran is the first CEO of AirAsia India, appointed by Tata Sons. Tata Sons holds 49 per cent shares in AirAsia India, as much as the AirAsia holds itself. CBI had registered a case against Tony Fernandes, the founder of AirAsia group, earlier this year. The appointment of the new CEO by Tata shows the shift of control. Tata Sons are also planning to buy the left two per cent shares of the company that is under Venkataramanan (Tata Trusts trustee) and Ramadorai (Chairman AirAsia India).

Bhaskaran had started his career as a management trainee, at Tata Steel, in 1987, and continued working with the company, for over 40 years. Placing a non-aviation CEO, for the third time, can be a mistake. But, as Tata is trying to get a grip on the company, AirAsia India maybe benefitted with that. Although, in the past one year, the company has generated much more revenue as compared to earlier years. Last year, it had gained a net profit of Rs 13 crore, and the company expanded its airline’s fleet to 19 aircraft.