ARTHUR C CLARKE (1917-2008)

One of the world’s greatest science fiction writers (famous for 2001: A  Space Odyssey) passed away today in Colombo. Not many people know that he was a  true visionary he came up with the idea for Geostationary Satellites as far back as 1945. Below are some of his memorable Laws:

Clarke’s First Law: When a distinguished but elderly scientist says that something is possible, he is almost certainly right. When he says it is impossible, he is very probably wrong.

Clarke’s Second Law: The only way to find the limits of the possible is by going beyond them to the impossible.

Clarke’s Third (and most quoted) Law: Any sufficiently advanced technology is indistinguishable from magic.

Read more about the famous author in The Gaurdian 

Filed under: Heroes, Media & Entertainment, Science & Technology , 2001, arthur c clarke, author, fiction, kubrick, sci-fi, science, science fiction, space odyssey, stanley kubrick, visionary, writer

AOL buys BEBO. Welcome to the Bubble 2.0

Time Warner seems to have done the SAME mistake TWICE.

First it wasted billions in buying AOL. And now Time Warner AOL has wasted hundreds of millions on Bebo…which is nothing but junk!

Bebo is so far behind Facebook, Myspace and even Orkut… that even a kindergarten kid would know that $850million is a ridiculous over evaluation of the site. AOL has paid 160 times EBITDA!!!!!

Will you pay $850 million for a company with reveneus of just $20million and EBITDA of just $5 million ???? Hell no!

I think its time for AOL shareholders to dump AOL shares before its too late.

Filed under: News, Business & Current Affairs , AOL, BEBO, bubble, facebook, google, Microsoft, myspace, orkut, social media, social network, Yahoo