
source:::::glasbergen.com
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source::::glasbergen.com
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source:::::glasbergen.com
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When Ruchi Sanghvi arrived at the Facebook office in California for a job interview in 2005, she found a menu card outside saying: “Looking for engineers.”
The start-up was located above a Chinese restaurant in downtown Palo Alto. It was modest looking place filled with gawky engineers, black sofas, lava lamps, and walls covered with murals and movie posters.
Earlier that year, the computer science engineer from Carnegie Mellon University had fled a job with a bank on Wall Street after three weeks. “I had panicked. I wanted to be in a business that was dependent on my core skills,” she says.
She had flown out to California, interviewed with Oracle and started out there, when a friend had told her about Facebook.
“I didn’t know much about them. I didn’t even know that they had moved to California. I thought they were still in Boston working out of Harvard dorm rooms,” she says wryly.
Scooter culture
We are sitting in the hip Dropbox office in downtown San Francisco, where Ms Sanghvi, 31, works as a vice-president of operations.
Employees at the online storage firm whizz through corridors on skates and office scooters, some take time off to play pool and video games, and a plush music room is ready for a karaoke contest.
But, for the moment, we are talking about how Ms Sanghvi got the job at Facebook and became its first female engineer.
It is difficult to do exciting things in India. There are a lot of issues and barriers, simple things like a good internet line to the office”
Ruchi Sanghvi
“When I started out in Facebook, it had only 20 people. I saw it grow to a thousand employees and from five million users to over a billion users. I saw it evolve from a service that served college students to one that served the world,” she says.
“It was extremely chaotic, but it was a wonderful experience. I learnt everything there.”
At Facebook, she was part of the team that developed the news feed.
How was it, I asked, being the first female engineer at Facebook?
Ms Sanghvi says she was used to being in a minority: at engineering school, she was one of the five female students in a class of 150.
But at Facebook, she says, she truly came into her own.
“You had to be opinionated, you had to make sure your point of view was heard, you had to ask questions. Sometimes people would tell you were stupid and you’d start all over again,” she says.
“But it was, by and large, a meritocracy. It had one of the best environments for learning.”
Facebook was also where she met her future husband who was the first Indian engineer the company had hired.
I ask her for a story about Mark Zuckerberg, one of the founders and chief executive. She frowns, thinks hard, and says she doesn’t quite like talking about Mr Zuckerberg. Then she relents.
It’s a story about how the news feed launch outraged users and nearly killed it.
The journey from employee to entrepreneur was a complex and taxing one for an immigrant like me”
Ruchi Sanghvi
“We had less than 10 million users when news feed arrived. Mark was at a press conference (announcing it) and over a million users began protesting against it,” she says.
Last year, Ms Sanghvi spoke about the time in vivid detail.
“Groups with names like ‘I hate Facebook’ and ‘Ruchi is the devil’ had been formed. People camped outside our office and demonstrated. But we realised the very people who hated it were able to spread the word because of the news feed,” she told a talk.
But Mark Zuckerberg stuck to his guns, Ms Sanghvi tells me.
“Typically in any other company if 10% of your users decide to boycott a product you are obviously going to reverse the changes or do something about it. But Mark was really adamant about his vision about the potential of news feed.”
Mark Zuckerberg ‘was adamant about his vision’ for Facebook, Ms Sanghvi saysWhen Ms Sanghvi left Facebook in 2010 after an itch to start her own company, the social networking site had more than 1,500 employees and more than 500 million users.
As a young girl growing up in India’s industrial city of Pune, she had dreamt of taking over her family business.
Her father, a second generation businessman, runs a heavy engineering company. Her grandfather ran a stainless steel business. “We are an entrepreneurial family,” she says.
But now, she was in the US, having studied computer science and worked at Facebook. The world beckoned.
So she went ahead and set up her own company, Cove, with her husband in 2010. There, helped by a team of engineers, they made “collaborative software” for communities and networks.
“The journey from employee to entrepreneur was a complex and taxing one for an immigrant like me,” says Ms Sanghvi, who has been lobbying US authorities to ease immigration laws.
“When I started Cove, I spoke to three immigration lawyers who gave me a long checklist of things to do before my company could hire immigrants.”
Diverse roles
Two years later, in February 2012, Cove was bought by the cloud-sharing service Dropbox.
At Dropbox, a six-year-old company with more than 175 million users, Ms Sanghvi has diverse roles. She has led hiring – “only great people can make great products,” she says – and managed marketing and communications.
I ask her if she plans to do anything back home in India.
“I’d love to do something if it was easier to do it. It is difficult to do exciting things in India. There are a lot of issues and barriers, simple things like a good internet line to the office,” she says.
“It doesn’t seem as easy as Silicon Valley where you have an idea you can simply execute it with hard work. But I admire folks who are doing things in India. It requires a lot grit and determination.
“You know I think I have had it pretty easy here in US actually,” she adds, with a laugh. Then she skates away for her next meeting.
source:::: Soutik Biswas for BBC NEWS :bbc.com
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Placements in the Delhi Technological University broke their highest record yet, when a student bagged a job offer of Rs. 93 lakh per annum. During this placement season, which started on August 1, so far about 40 recruiters have offered up to 265 jobs.
Google, USA made the offer of Rs. 93 lakh per annum (which includes about 125 Google stock units) to Computer Engineering student Himanshu Jindal. “I owe my thanks to my parents, faculty members and, of course, the Vice-Chancellor Prof. P.B. Sharma. I am feeling very happy that I will get to work in a world renowned company. All this is possible because of my hard work and the blessings of my parents,” said Himanshu.
The second highest pay package was of Rs. 70 lakhs and it has been offered to not one but about 11 students by EPIC, a US- based software company.
Other offers include a Rs. 28 lakh pay package from Goldman Sachs and a pay package of Rs. 19 lakhs that was made to eight students by Amazon. “DTU’s undergraduate and research programmes are of high relevance and great value to the industries,” said Prof. Sharma.
The university said a major highlight of this year’s placement was that the leading companies, besides making job offers to final year students, were also offering paid internship to third year students. This, said the university, might assure even better pre-placement job offers.
Keywords: Delhi Technological University, Himanshu Jindal, DTU placement, placement salary record, Google USA
source::::The Hindu…
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“Can you see me? Can you see what I’m doing here?” the surgeon asks from inside the theatre. For the record, that’s not quite the way conversation goes in an operation theatre. The surgeon’s usually concerned about what he can see.

The Google Glass enters the operation theatre. Photo: Ramya Kannan
As far as medical procedures go, this was quite ordinary. But there was a guest in the theatre on Tuesday, perched pretty on the bridge of the surgeon’s nose. J.S. Rajkumar, surgical gastroenterologist, and chairman, Lifeline Hospitals, had brought in a piece of the future, for the very first time, reportedly, into an Indian operation theatre. He was wearing the Google Glass.
As the surgeon went in through three port holes to correct gastro oesophageal reflux disease, the Google Glass saw exactly what he did and transmitted a video live, onto a remote location.
Literature shows that twice before, the Google Glass has been within operating theatres. The first surgery with the Glass happened in June in Spain, and the second, in August in Ohio. When the Google Glass was switched on inside Lifeline Hospital’s operation theatre, it was a first in the country, and only the third time in the world that it had sat with surgeons.
Google Glass is a wearable mini computer that sits as its moniker indicates, like a pair of spectacles, except there is only one neat quadrangle prism just above your level of vision over the right eye. A touch screen, the processor and battery are compacted, nearly unbelievably, in the right arm of the part of the glass that rests on the ear. So switch on the device by tapping the touch screen, say “OK, Glass” and then tell it what you want to do: Take a photo; take a video; ask for directions; or just search on Google. Entirely hands free, this genie bows to your voice. It is so seamless, it seems nearly like magic.
Built quintessentially as a tool for social media, the Google Glass allows for instant sharing of the photo/ video you’ve just taken. “It runs on an android processor and you can hook it up to any android device- a mobile phone or a tab. The video can be streamed on any chat site that allows multimedia content, say like Google Hangout,” explains Shiva Thirumazhusai, CEO, Nasotech, the U.S.-based start up that is creating customised apps for the Glass.
So, how did Dr. Rajkumar get hold of the limited edition Google Glass, being rationed out by Google at about $1700. Mr. Shiva says he runs a Google Developers Group in the U.S., and had registered for the Glass a year ago. He was among the first to get it in hand, when Google started shipping them out in May. An old friendship with the surgeon, and Dr. Rajkumar’s own interest in using the device in the theatre, led to the debut for Google Glass in Chennai.
“Whichever way you look at it, it is an amazing device for surgeons. If you are there in the theatre and you have a hitch, you could search for a video about the procedure and clarify what’s happening. Specialists across the world can merely wear this light-weight glass and advise a young surgeon in a remote town on how to go on,” Dr. Rajkumar says. It can also enable relatives of the patient sitting across the world to catch up with the surgery live, and as for eager medical students, the implications are huge.
Nasotech has already added some customisations. For instance, while Google Glass will allow you to take only 10-second videos, the one that was used on Tuesday has virtually no limit on video time. Mr. Shiva says they are working on connecting the Glass with hospital information systems, so that at a command, the patient’s history comes up on the visual layer.
Broadband speeds being perfidious in the best of circumstances in this country, the video from a second hernia surgery did not quite reach the viewing room. Dr. Rajkumar says, “That’s the only thing: if cost and connectivity are in favour, the Google Glass can transform health care access in this country. Isn’t it exciting?” You bet!
Keywords: Google Glass, Lifeline Hospitals, J.S. Rajkumar
source::::: Ramya Kannan in The Hindu
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Facebook CEO Mark Zuckerberg is the sixth richest American in the tech industry.
This time last year, Facebook FB -4.03% CEO Mark Zuckerberg’s net worth was languishing. After his company’s disappointing initial public offering in May 2012, the hoodie-wearing executive was worth $9.4 billion, down about $8.1 billion in the three months following Facebook’s debut on the Nasdaq.
A lot has changed in 12 months.
On this year’s Forbes 400, Zuckerberg has a net worth of $19 billion, making him the sixth richest member to hail from the technology industry. One of the biggest dollar gainers this year, Zuckerberg is one of 48 people whose fortunes have derived largely from technology companies. On this year’s rankings of the nation’s richest people, technology is the second-highest represented industry, behind investments, with 98.
Bill Gates remains the king of tech–and everything else–with a net worth of $72 billion. He’s been the nation’s wealthiest individual since 1994, and, after adding $6 billion to his coffers in the last year, recently reclaimed the title of world’s richest from Mexican telecom mogul Carlos Slim.
Following Gates, the top five richest in tech remains unchanged. Larry Ellison takes second spot –ranked No. 3 on the list with a net worth of $41 billion –followed by Amazon CEO Jeff Bezos,who added $4 billion to his net worth in the last year, climbing to $27.2 billion. Google cofounders Larry Page and Sergey Brin rode a strong 12 month rise in Google shares–up 28%–to place fourth and fifth among American tech billionaires.
Steve Ballmer, now worth $18 billion, benefited from the Microsoft stock bump that came after he announced he’d be stepping down as CEO of the Redmond, Wash.-based software giant. On Aug. 23, the day Ballmer announced he would be departing, Microsoft shares closed up more than 7%. That contributed to the $2.1 billion rise in Ballmer’s net worth over the past year.
Last year’s only woman among tech’s top 10, Laurene Powell Jobs, loses her top 10 perch (though remains on The Forbes 400), despite finding herself $700 million richer. Steve Jobs’ widow and Silicon Valley’s richest woman is replaced this year by Dish Network CEO Charles Ergen, who is up $3.5 billion this year to $12 billion. Dish Network’s stock is up nearly 40% in the last 12 months.
FORBES used stock prices from Aug 23, 2013 to calculate values for The Forbes 400 rankings.
source::::Forbes .com
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