Subprime Mortgage Crisis

Reason for the current financial crunch

As many of us know the reason, still lot more people didn't understand why exactly this financial crunch the so called "Subprime Mortgage Crisis" happened. Also, we can take it like, every decade something will come to affect the market.

Found a good article and something more in the Wikipedia.

Also I got a forwarded mail from my friend Gunasekaran who runs a website called Thamizh Studio. Forward is a PDF document in Tamil which explains the financial crunch in a funny colloquial language. But its too hard in supporting communism and offending the current Indian governments' financial policies which I don't support.

Microsoft names its Cloud OS : Windows Azure

Microsoft announced Windows Azure (Cloud OS) in the PDC 2008.

The Azure™ Services Platform (Azure) is an internet-scale cloud services platform hosted in Microsoft data centers, which provides an operating system and a set of developer services that can be used individually or together. Azure’s flexible and interoperable platform can be used to build new applications to run from the cloud or enhance existing applications with cloud-based capabilities. Its open architecture gives developers the choice to build web applications, applications running on connected devices, PCs, servers, or hybrid solutions offering the best of online and on-premises.

Check the DEV.LIVE team s' blog.

Solar Power on steel is ELECTRICITY

Solar Paint on Steel Could Generate Renewable Energy Soon. Looks like UK researchers are working on some kind of paint which can generate power...

Necessity is the mother of invention

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