Manu Thapar Joins MySpace

Manu Thapar has joined social networking web site MySpace as Senior VP of Engineering. At MySpace, Manu is responsible for overseeing the company’s infrastructure, security and high priority projects, as well as creating an offshore development team for MySpace. Before joining MySpace, Manu served as VP of Engineering for Yahoo, where he was responsible for software infrastructure […]

Geeta Vemuri Promoted to Partner at Quaker BioVentures

Philadelphia-based life science venture capital firm Quaker BioVentures has promoted Geeta Vemuri to Partner. Vemuri was earlier a Principal at the firm. Geeta Vemuri Before joining Quaker in 2003, Vemuri was an associate at Toucan Capital, responsible for investments in seed and start-up biotech companies. She’s also worked as an associate analyst at Salomon Smith […]

Desi Butcher Vikram Pandit Calls $2.5B Loss Progress

If a $2.5 billion loss is progress (even if it’s half the $5.1b loss of Q1), then our greedy desi butcher and Citigroup CEO Vikram Pandit uses a different dictionary from the rest of us. This morning struggling financial services giant Citigroup announced a loss of $2.5 billion for its second quarter ended June 30, […]

Former HP Executive Atul Malhotra Screwed

Former HP executive Atul Malhotra has pleaded guilty to stealing trade secrets, according to the U.S. Department of Justice. Malhotra, a former VP of imaging and printing services at HP, is said to have shared IBM trade secrets after joining HP from IBM in May 2006. Malhotra faces a maximum of 10 years in prison, a […]

Do Amma’s Hugs Make a Difference?

Today’s New York Times has an interesting piece on Amma a.k.a. Mātā AmritanandamayÄ« Devi  and originally as Sudhamani. Amma, who hails from the South Indian state of Kerala, is also known as the Hugging Saint, a reference to this oddball’s penchant for hugging people. According to the NYT story, the 54-year-old Amma hugged over 8,000 people […]

Desi Butcher Vikram Pandit’s Hedge Fund Screwed

What a shame. Desi butcher and Citigroup CEO Vikram Pandit, who’s been butchering Citi jobs even while feeding like a greedy pig at the trough, has to suffer the ignominy of seeing his hedge fund Old Lane shut down following a mediocre performance. Vikram Pandit Here’s what the Wall Street Journal (subscription required) reports on […]

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