01 February 2012

The News - News

The News - News


Best Keyboard Apps for Android Devices

Posted: 31 Jan 2012 05:56 AM PST

It feels uncomfortable to type on the touchscreen device after using the comfy physical keyboard. All Android devices are pre-installed with best typing user interface but here are the five best typing apps which make typing painless on touchscreen devices.
1. Swype

 

The Swype app is a faster and easier way to input text method for touchscreen Android devices. The app allows users to enter words just by sliding one continuous finger or stylus from letter to letter on the screen keyboard.

 
The app has an error-correcting algorithm which features to guess the intended word and avoids incorrect letters. It is designed to work across a variety of devices like smartphone, tablets, game consoles and more. It is available for free in the Android market and Swype's official website.

 

2. TouchPal

The TouchPal app is similar to Swype app; it brings a whole new input text method experience to an Android devices. You can blindly type on your touchscreen without worrying about mistyped words. This app is an alternative text input method to the traditional physical keyboards as it combines two letters and a symbol on each key and gives a full QWERTY keyboard layout.

 
The app is designed and developed by CooTek and is available for free on the official website and in the Android market.

 

3. ICS keyboard

Google has rolled out its new operating system Android 4.0 Ice Cream Sandwich with lots of interesting features and one among them is its keyboard layout.

 
The Android marked had a separate app for non Android 4.0 users who can download 'ICS keyboard' and enjoy all the features like multi touch, auto correction, built in dictionary and speech to text. This app is available in multi language for free.

4. SwiftKey X

SwiftKey X app has made typing much easier for fat-finger typists on touchscreen devices like smartphone and tablets. The app gives much more accurate corrections and predicts words than any other keyboard and also supports almost all languages. The app is available for Rs 193.10 in the Android market and is one among the best selling app.

 

5. Go Keyboard

The Go Keyboard app is one of the most popular free apps in Android market. The app features multi-point touch keyboard, slide input like Swype and TouchPal and auto corrects as you type. The interesting feature in this app is that you can personalize the theme for the keyboard layout. The app also supports multi languages and is available for free in the Android market.


Windows Phone ‘Tango’ Will Support 120 Languages

Posted: 31 Jan 2012 05:51 AM PST

Microsoft's next version of Windows Phone, codenamed 'Tango' will support 120 languages. This unbelievable fact about Tango OS was reveled at Windows Phone Developer's Camp in Hyderabad, India.

It seems that, with Tango operating system Microsoft is expanding the Windows Phone platform's support internationally and is focusing to bring Windows Phones to as many markets as possible including the developing countries like India and China.
The current version of Windows Phone 7.5 Mango supports 35 languages. The other mobile operating systems like iOS platform support only 34 languages and Android supports 55 languages. Along with 120 languages Tango will also have dedicated Skype and Google+ app.

 
If the Tango will support 120 languages, than it will be a really tough task for mobile manufacturers to provide enough memory to support all the languages. Right now Nokia Lumia, a Windows Phone based smartphone is leading the mobile market and expected to beat Apple's sales soon. Nokia might be the first one to come up with Windows Phone Tango based smartphone.


Huawei’s Upcoming Diamond Series Smartphones

Posted: 31 Jan 2012 05:48 AM PST

Huawei is planning to introduce two new high end android smartphone at Mobile World Congress (MWC) 2012 in Barcelona. Huawei has scheduled this launch at its press conference at MWC on February 26 (one day before).

 

There are no detail specifications available on the diamond series smartphone. But it is said that these two devices will be high end smartphone and would feature a powerful dual-core processor, large touchscreen display with Gorilla glass, powerful 8 MP rear camera and 1.3 MP front facing camera. The details of operating system is also not confirmed, expectantly these phones may come with Android 4.0 Ice Cream Sandwich.
Earlier this month Huawei launched Ascend P-1S and Ascend P-1smartphones in Consumer Electronics Show (CES) 2012 at Las Vegas. The Ascend P1S is the world's slimmest smartphone featuring a 4.3-inch, 540 x 960 Super AMOLED screen covered with Corning Gorilla Glass, a dual-core 1.5 GHz CPU paired with a SGX 540 GPU. Ascend P-1S also has a stunning 8 MP camera capable of capturing 1080p video with dual LED flash, HDR effect optimization and a 1.3 MP front-facing camera capable of capturing 720p video. Other features includes 1 GB of RAM, 4 GB of internal storage, 4G connectivity via HSPA+ antennas and runs on Google's latest Android revision-Ice Cream Sandwich.


1 Pc Facebook Page ‘Fans’ Engage With Brands

Posted: 31 Jan 2012 05:46 AM PST

Facebook generates a huge portion of its revenue alone from advertisements and the payers, i.e., the companies are using the number of Facebook "page likes" by users as a proof for a particular brand's popularity and promotion.

 

like

But a recent study by Austria's Ehrenberg-Bass institute may turn out to be a headache for these companies as the study revealed that only one percent of the Facebook users who "likes" a particular brand's page are actually engaging with company in any meaningful way.
The study was conducted on Facebook's top 200 brands based on the number of fans. It tracked the entire user activities including likes, comments, posts, post sharing's etc related to a particular page for a period of six weeks. Researchers used Facebook's own metric "People Talking About This", for aiding them in tracking.

 
According to the researchers, "People Talking About This" was just 1.3 percent compared to the brands total fan base. They also found that with the deduction of "likes", the simple act of clicking on a particular thing for showing interest, the brand engagement percentage drops to around 0.45. That is only a small percent of those "engaged" with the brand is actually interacting with it.

 
According to Karen Nelson-Field, senior research associate for Ehrenberg-Bass Institute, "people need to understand what Facebook can do for a brand and what it can’t do. It doesn’t really differ from mass media. Facebook is great to get decent reach, but to change the way people interact with a brand overnight is just unrealistic."

 
A separate study from Nelson also showed that a person's tendency to buy a particular brand is not affected in any way by the fact that he is a fan of the brand in Facebook or not.


Facebook IPO on Wednesday?

Posted: 31 Jan 2012 05:42 AM PST

The most awaited IPO of this year, Facebook, could file the papers on this Wednesday with U.S. Securities and Exchange Commission (SEC), likely to make the social network among top 5 biggest debuts for a U.S. company.

IPO wed

 
According to the report from WSJ, Facebook had finalized Morgan Stanley for leading the deal, which could yield the financial services firm millions of dollars in banker fees.

 
Facebook could file documents as early as this Wednesday, said a person familiar with the matter. But the executives are also considering filing a few weeks later, the person said.

 
The IPO is expected to raise $10 billion and value the company between $75 billion and $100 billion, which will create a new generation of millionaires in the Silicon Valley. It will also make Facebook, the biggest U.S. internet IPO ever, replacing Google, which in 2004 raised $1.9 billion at a $23 billion valuation. A valuation of $100 billion will make Facebook to be worth same as McDonald's Corp and nearly half of Google.

 
The website which is used by 500 million users daily had generated $3.8 billion world-wide advertisement revenue in 2011, according to a research from eMarketer.

 
The IPO will also test the ability of Mark Zuckerberg, CEO, in managing the global company, who always wanted his employees to concentrate on making great products, not the stock price.


Microsoft, FB, Google Gear up to Net the Phish

Posted: 31 Jan 2012 05:35 AM PST

In the wake of spam mail growing by the day and creating a ruckus in our mailboxes, 15 internet giants, e-mail service and technology providers have geared up to fight it by forming Domain-based Message Authentication, Reporting and Conformance (DMARC.org) that will help reduce the potential for email-based abuse.

Net the fish

 
Phishing raises its venomous tentacles, highest, during holiday season and shoppers are an easy target. Phishing is a way of attempting to acquire information such as usernames, passwords, and credit card details by masquerading as a trustworthy entity in an electronic communication.

 
DMARC is a technical specification created by a group of organizations that want to help reduce the potential for email-based abuse by solving a couple of long-standing operational, deployment, and reporting issues related to email authentication protocols.

 
"Email phishing defrauds millions of people and companies every year, resulting in a loss of consumer confidence in email and the Internet as a whole. Industry cooperation – combined with technology and consumer education – is crucial to fight phishing" Brett McDowell, Chair of DMARC.org and Senior Manager of Customer Security Initiatives at PayPal as quoted in Slashgear.

 
As quoted by Gigaom– The DMARC standard attempts to authenticate email by requiring both parties to implement DMARC-standard policies at either end. The idea is that an organization such as PayPal "signs" its outgoing email for all messages associated with its domains. Then when a recipient gets such a message in their email account (if their provider is participating in the program) the mail host checks for the authentication and lets the message through. If a message says it's from Paypal, but does not have PayPal's DMARC credentials it gets refused.

 
So how is the measure helpful? This step will reduce the number of spam, spoofed mails which otherwise turn out to be a secret pathway for marauders to stream our personal bank details and information out. “What we need is an Internet standard that allows this level of protection to work at scale – without any discussion, without any partner agreements,” said Brett McDowell, a security manager at PayPal who serves as chairman of the group that developed the new standard.. “That is what DMARC does.”


How to Make the Most of Your ATMs?

Posted: 31 Jan 2012 05:32 AM PST

PAYMENT OF CREDIT CARD BILLS

If you got an ATM Card today, all your transactions can be processed in matters of seconds. As ATMs are turning so powerful, banks are pushing towards its usage as a concept of branchless banking at the back of their minds. Starting from utility payments to tax payments all can be made through ATM.

But the question is- Are all customers aware of it about the facilities they can avail through ATMs? Most of them still use it for balance enquiry and cash withdrawal. Let’s check out what else can be done with ATMs apart from that.

PAYMENT OF CREDIT CARD BILLS

You can easily make a payment for your credit card bills through the ATM, using your debit card. But this facility turns out to be helpful if both your credit and debit cards are of the same bank. The funds will immediately be transferred into your credit card account as soon as you type the amount to be transferred and you will get a receipt. But if you go for the same transaction over the counter, it will charge you a fee, for instance, ICICI Bank charges Rs 100 and HDFC Bank charges Rs 50, if you pay over the counter.

PAYMENT OF UTILITY BILLS

Paying utility bills will no more be a trouble. Electricity bills, insurance premiums, telephone bills all can be paid through ATM. Some banks have a tie up with BSNL/MTNL, and other agencies that give you some discounts of around 0.5 percent to 1 percent, if you make the payment through ATM. But these facilities are available only in selected cities, but is expected to be all over India soon. This not only saves time but saves money as well.

 

PAYMENT OF TUITION FEES OR APPLICATION FORMS<

TAX PAYMENT

Your tax payments can also be done through ATM, after you register your debit card. This will also authenticate your Permanent Account Number PAN.L and your Tax Deduction Account Number (TAN.L), provided to tax payers with National Securities Depositories NSDL.L. After the registration is done you can go to the ATM. The amount to be paid will be asked with all the details and the amount you have chosen will be debited from your account and the ATM will generate a receipt with a special number SIN.L. The challan can be downloaded from the website by submitting the SIN number. The SIN has to be quoted when you file your tax return online later.

PAYMENT OF TUITION FEES OR APPLICATION FORMS

The payment for application or tuition fee can be done through selected ATMs. All you need to do is register with the ATM first, which is one time process and make sure you collect the transaction slip after transferring the money. As of now only leading educational systems are offering this facility.

 

MOBILE RECHARGING

RAILWAY TICKETS AND AIR TICKETS

If your bank has a tie up with any particular airline company or railway, then you can easily purchase you tickets through ATM. All you need to do is just go to the ATM and purchase the tickets. Banks like PNB, Bank of Baroda, SBI offer this facility at present.

MOBILE RECHARGING

Is your mobile running out of balance? No need to search for a retail shop to buy a recharge card. Enter in you ATM, type in your mobile number and the amount you wish to recharge, soon you will receive a SMS confirming the activation.

 

FUND TRANSFERS

FUND TRANSFERS

Transferring money is allowed between your accounts by banks that are linked to your ATM or Debit card. You can link more than 10 accounts to your card. Banks like ICICI allows up to 1 lakh amount of money transfer in a day. All banks have different limits.

OPEN AN FD

An FD account can be activated by visiting branch or by simply writing a cheque. ICICI Bank lets you open an FD account of 990 days through their ATM. The FD receipt will be given to you within 7 working days.

MAKE DONATIONS

Banks like SBI allow you to donate funds for charity or temple trusts via ATMs. You will receive a receipt for the transaction that can be used for filing tax certificates.

 

LOAN ACCOUNT ENQUIRIES

LOAN ACCOUNT ENQUIRIES

The loan account holder can check their outstanding balance, request for IT certificated etc and also make payment through ATMs.

GETTING THE CURRENCIES YOU WANT

The type and number of currencies can be chosen by the customer according to their wish. As of now only IndusInd Bank offers this facility.

The services offered by ATMs depend on capacity of machine in various locations and can vary from bank to bank. Services like hotel bookings, travel social networking, downloading, travel etc. are expected to be included in ATMs. To stay updated with all the facilities you need to stay connected to bank by registering your mobile number with the bank to receive regular updates on services.


Salaried Professionals: Watch Out for These Factors

Posted: 31 Jan 2012 05:28 AM PST

As salaried professionals, we are vulnerable to a host of factors related to our finances. We employees often tend to overlook certain factors in our life, thinking that those factors will only affect other sections of people. This, however, is not true and needs a bit of attention. As people living in this world of fluctuating economies, we have become even more prone to falling prey to certain financial evils. As regular salaried people, it is our duty to make ourselves immune to a few unfortunate yet very real problems of this world. Also, investing money in various fields gets adversely affected when one or more of these factors take a turn for the worse. Since, savings are indirectly linked to investments; our savings get curtailed too in the process. So, here are the 3 factors an employee must pay special attention to, as given by BankBazaar.com –
1) Inflation –

 

All of us know that inflation is a necessary evil but this in an aggravated form completely wreaks havoc on our lives. Inflation is needed to an extent for a healthy economy but excess of this is only detrimental. Inflation rates have been going up and down in our country like a see-saw for quite some time now. Presently, food inflation in the country has been negative for the past few months. This is good news for all Indian citizens, especially when it comes to our staples. Another good news is that inflation rates in India are going to plummet by March of this year. This has come as a boon to Indian citizens, who have faced a lot of difficulty due to high inflation rates for the past few years. What comes as a surprise here is that not many changes are being observed in the prices of commodities in the retail shops. One cannot buy oodles of food items now and stock them, just in case the prices go up again. What one can do right now is try and buy stocks of healthy companies. This way one is making good use of the opportunity to invest for the future. Also, one can buy certain items with longer shelf-life now and prepare for the future. Buying items that can be used for everyday purposes at home is also a good deal.

 

2) To Lose Source of Income –

In this fluctuating global economy, having a steady job is of utmost importance. Not having a decent source of income can severely curtail one's life in this pricey world. Trying to make ends meet without a job is next to impossible in today's world. People might not always take the stability of their jobs too seriously, especially if one works in the public sector. Employees of private sector are more or less always on their toes to safeguard their job and so they do not have a carefree attitude towards losing their job. Employees of public sector have better job securities but even this scenario is beginning to change. One ought to start saving little by little the moment one procures a job. This is really not a premature action as saving money should be given priority at all stages of life. Making safer investments, with feasible maturity periods, depending upon individual investor needs, also ensure a steady flow of income. One must also not lose heart and give up if one loses a job. A brave human is not one who tames a horse but the one who gets up on it each time he/ she falls from it. As long as one regains another acceptable source of income to provide for one's needs, it is a job well done.

 

3) Personal Sphere –

We humans tend to overlook anything which is held too close to one's eyes. We behave in a similar manner when it concerns our own selves. We work towards and give the best of this globe to our loved ones but tend to lose ourselves in the process. Sometimes we get so absorbed in looking after our family, that we forget to look after ourselves. Personal philosophy apart, as salaried people, we are often faced with personal financial crises, which prevents us from reaching our financial goal. This might be death of a beloved, terminal illness of a dear one or even a chronic illness, which requires a lifetime of management and funding. Life is a constant battle with such circumstances but not giving up is another human facet. Though we tend to repress our personal losses, they tend to surface one way or another in our professional lives.  Having insurance is a key method to help cope with personal tragedies. Young employees might find insurances an utter waste of time but these are instrumental in providing a safer future for us and our families. Personal misfortunes never announce their arrival but hit real hard. So, it is up to us to try and keep the worst at bay because not all events can be avoided.


The Fastest Startup To Reach A Million Users

Posted: 31 Jan 2012 05:25 AM PST

Gone are the days when companies used to take a year or more to hit the millionth customer mark. Kickstarter, Airbnb, Tumblr, and Twitter took over a year to hit the 'one million' benchmark. These days startups are trying to break each others' records to reach the millionth customer at the earliest. Here are the fastest startups to have crossed the millionth mark.

Spotify

 
spotify, DST, Accel Partners, Kleiner Perkins

Spotify is a music streaming service, which streams major and independent record labels. It was founded in 2006 by Daniel Ek and Martin Lorentzon. The service was launched in September 2008 and reached one million users within two weeks of its launch. It integrated its services with Facebook, which meant that the Spotify users were required to have an account with the social networking site. The move initially caused an outcry from the existing users, but the decision paid off with Spotify gaining a million customers immediately. It currently has more than 10 million users worldwide, with one fourth of them being paid subscribers. The growth proves that collaborating can go a long way in defining your startup's success.

 
The company had raised $100 million from DST, Accel Partners, and Kleiner Perkins in June 2011, bringing its total funding to $183 million. Its other investors include Creandum, Northzone Ventures, Li Ka-shing, Wellington Partners, Sean Parker, and Founders Fund.

 

Fab.com

 
fab, fab.com, fashionstake

Fab.com is an ecommerce company, which was founded by Jason Goldberg, Bradford Shane Shellhammer, Nishith Shah, and Deepa Shah. It took the company five months to reach the millionth customer mark. The company attributes the growing customer base to positive word of mouth and sharing on various social networking sites. The company offers rewards to customers to get their friends join, $30 for making 10 friends join, another $30 for getting another 25 friends, and free shipping for two months on making 50 friends join the site. The growth shows that referring friends in return for rewards, still attracts new subscribers.

 
The company attributes 50 percent of its membership from social sharing, and the remaining from daily emails, direct visitors, and organic search on various search engines. It currently has more than 1.65 million users. The company had raised $40 million in funds from Andreessen Horotwitz, Menlo Ventures, First Round Capital, Baroda Ventures, SoftTech VC, and A-Grade Investments, bringing its total funds to $51 million. It had also acquired FashionStake, an ecommerce company which features independent designers.

 

Dropbox

 
dropbox, digg

Dropbox is a web-based file hosting system which was founded in 2007 by Drew Houstin and Arash Ferdowsi. It reached the millionth user mark in seven months. It created a model, which not only solves the problem of storing files, but also encourages people to become paid subscribers, and put up a video telling the story of a man losing his stuff while travelling, which made people connect to it immediately. The growth shows that solving a simple, but frustrating problem faced by people is enough to win their hearts.

 
The company had raised $250 million in its series B round of funding from Index Venturesm RIT Capital Partners, Valiant Capital Partners, Benchmark Capital, Goldman Sachs, Greylock Partnjers, Institutional Venture Partners, Sequoia Capital, Accel Partners, Ali and Hadi Partovi, bringing its total funds to $257 million. The company had denied $800 million acquisition by Apple and now plans to go public with an IPO in 2012.

 

Facebook

 
facebook, IPO

Facebook the social networking site was founded by Mark Zuckerberg, Eduaro Saverin, Dustin Moskovitz, and Chris Huges in 2004. The site took 10 months to hit the one million mark and is now on a run to hit the one billion user mark by August 2012. The growth shows that people have a growing urge to stay connected with their peers. The site collaborates with several other companies to provide a platform to reach a huge market.

 
The company had raised $1.5 million in funding from Goldman Sachs, $500 million in direct investment from Goldman Sachs and Digital Sky Technologies in January 2011. It turned down a $1 billion deal by Yahoo! and now plans to go public with an IPO by the mid of 2012.


Mahatma Gandhi Creates New Guinness Record

Posted: 31 Jan 2012 05:20 AM PST

Sixty four years after his death, Mahatma Gandhi’s name created a fresh world record in the Guinness Book as 485 underprivileged boys brought out a peace march dressed as ‘Bapu.’

Flaunting khadi attire and Gandhi caps, the group of boys wore round-framed spectacles and walked with sticks as they brought alive memories of Gandhi’s historic Dandi march. Aged between ten and sixteen, the kids, most of whom are from single mothers, walked for half a kilometer distance at Mayo Road in central Kolkata during the peace march. Upholding the morals and ethics of the Father of the Nation, the walk metaphorically reminisced his principles of truth, justice and non-violence.

Mahatma Gandhi

After evaluating and monitoring the event, officials from the Guinness Book awarded the world record certificate to the U.K.-based organizers TRACKS (Training Recourse and Care for Kids). “I am myself a Gandhi follower. This peace march is meant to inculcate Gandhi’s values and messages in poor children. We don’t want the underprivileged kids to forget the rich legacy of Gandhian ideology,” said Michael Anthony, who runs the NGO.

The last such record of a gathering dressed as Gandhi was made in June 2010 when a group of 255 students achieved this in Coimbatore, Nikhil Shukla, India adjudicator of the Guinness, told PTI.

 


Job Trends in Technology See Rapid Growth

Posted: 31 Jan 2012 05:14 AM PST

In the face of the worldwide economic shutdown, most would expect jobs to be scarce. Statistics though show otherwise, with the number of technology jobs rising rapidly. Tech hiring trends are also shifting focus, and are landing veterans who are not super-creative in their fields, in a rut.

The Acquity Group, which specializes in the fields of technology design, strategy planning, and experience design solutions recently released an info-graphic that explains this hiring spree in Silicon Valley. According to the info-graphic, 150,000 jobs were added to the count of tech jobs in the US as of late 2011, and the competitive climate has pushed companies to offer a number of "goodies", which include stock options, sports outings, access to game rooms, and happy hours too. Internet technology companies, such as Google, Facebook, and Microsoft are "aggressively" recruiting college students even before they graduate in hopes of landing new employees.

 

In a report by the New York Times though, a number of technology veterans with more than a decade of experience and advanced engineering degrees are facing unemployment. According to Massimo Sutera, a microprocessor engineer aged 45; the job scene is "not the same as it was years ago". Sutera found himself unemployed when his firm, the Zoran Corporation (which made video chips) was acquired by another British company C.S.R. The British firm cut back on its Silicon Valley operations, and discontinued its investment in digital TV integrated systems. Semiconductor manufacturers, like Zoran have lost about 4,600 jobs since 2008.
According to the report, Russell Hancock, the president and CEO of Joint Silicon Valley, a research group, noted "The pace of change is just breathtaking. We've entered a strange new world. There are opportunities, but they are different," he said "You have to be edgy and super-creative."

 

The head of hiring at LinkedIn, Brendan Browne, reportedly said the firm wanted each new hire to be an entrepreneur. The head of Human Resources and recruiting efforts at Facebook, Lori Goler said the social media network was looking out for the "college student who built a company on the side, or an iPhone app over the weekend."Acquity's info-graphic backed Goler's statement– Most opportunities are mushrooming for mobile app developers, data warehouse analysts, and user experience designers.
NOVA, a local work force investment board director, released a survey of HR directors in July last year. Kris Stadelman, a director at NOVA noted that in her experience, "Especially in social media, cloud computing and mobile apps, if you're over 40 you're perceived to be over the hill."
However, there is hope for those who re-tool their skills, minus branding, especially if techies have made a number of years at a particular firm. Goler, Facebook's HR executive emphasizes this fact, saying "If you've built great things before, you can build great things again."


First Jobs of Billionaires

Posted: 31 Jan 2012 05:08 AM PST

The famous billionaires were not born with a silver spoon; they had their share of hardships. But what is common among all of them? They all dream big and their dreams changed their fortunes.

Each of them started from the scratch by working at entry-level jobs, for instance, parking cars, delivering newspapers etc. Do you ever wonder how these riches started off with their careers? Listed below are the first jobs of famous billionaires. Have a look!

Warren Buffett

Warren Buffett

The billionaire with a net worth of $47 billion, use to deliver newspaper in his early days. He started off with his first job at the age of 13, and ran a newspaper delivery running business. Born with a businessman view, he used his bicycle for his paper route. Studying in high school, he started off with pinball-machine business. Buffett and a friend spent $25 to purchase a used pinball machine, which they placed in the local barber shop. In a matter of time, they owned several machines in different barber shops. While in high school he invested in a business owned by his father and bought a farm worked by a tenant farmer. By the time he finished college, Buffett had hoarded more than $90,000 in savings measured in 2009. Digging for business opportunities all the time, Buffet had had $10,000 from his business ventures when he graduated from college. At present, with a net worth is estimated at $47 billion people up to look to him for investment advice.

 

Oprah Winfrey

Oprah Winfrey

Oprah Winfrey has an impression of getting richer with everything she does. She started off her career with a petty job at the grocery story close to her father’s barbershop in Nashville, Tenn. Winfrey claimed the Miss Black Tennessee beauty pageant, at age 17. WVOL hired her to do the news part-time. She worked there in high school, and while her first two years of college. As a child she played games interviewing her doll and birds on the fence. She turned out to be both the first black female news anchor and the youngest news anchor and at Nashville’s WLAC-TV. In 1976 she shifted to Baltimore’s WJZ-TV to co-anchor the six o’clock news. She was then employed in Richard Sher as co-host of WJZ’s local talk show People Are Talking, which premiered on August 14, 1978. She also hosted the local version of Dialing for Dollars. Today he owns net worth of $2.7 billion.

Michael Bloomberg
Michael Bloomberg

The 12th-richest person in the United States, Michael Bloomberg was born to a middle class family. He went to Johns Hopkins University, and joined Phi Kappa Psi; worked as a parking lot attendant to pay his tuition, and graduated in 1964 with a Bachelor of Science in electrical engineering, later he received his Master of Business Administration from Harvard Business School. He went to Wall Street after his graduation. Bloomberg today own $18 billion and is the mayor of New York.

Bill Gates

Bill Gates

The Harvard drop out Bill Gates had an immense passion for technology. Therefore his passion pushed him to take up the job of computer programmer of TRW during his early days. Gates got an opportunity to start his computer software company with the release of the MITS Altair 8800 based on the Intel 8080 CPU. His parents were supportive after seeing how much Gates wanted to start a company. he stepped down from the daily running of Microsoft in 2008, to focus on his charitable activities with wife, Melinda: The Bill & Melinda Gates Foundation works to improve education fight hunger and develop vaccinations. He owns of $53 billion.

Steve Jobs
Steve Jobs

The $5.5 billion owner Steve Jobs took a job as a technician at Atari in Los Gatos, California in 1974. He took up a summer job in Silicon Valley pioneer Hewlett-Packard. He met Steve Wozniak, the co-founder there. In spite of Apple’s success, the mass of Jobs’ fortune comes from the sale of digital animation company Pixar to Walt Disney for $7.4 billion.

Giorgio Armani

Giorgio Armani

Italian fashion designer, particularly noted for his menswear was acclaimed as the most successful designer to come out of Italy, with an annual turnover of $1.6 billion and a personal fortune of $7 billion as of 2011. Armani was born to a middle class family and had an inclination towards theatre and fashion. His first job was at Milan department store La Rinascente as an assistant photographer and was quickly promoted to the store’s style office as a buyer. Since then he never turned back and moved ahead and became what we know him as today. In 1953, after two years of studies, he was called to military service, which included working in a military hospital. The experience convinced him that he can never be a doctor.

George Lucas

George Lucas

After graduating with a bachelor of fine arts in film in 1967, George Lucas tried joining the United States Air Force as an officer, but he was immediately turned down because of his numerous speeding tickets. He was later drafted by the Army for military service in Vietnam, but he was exempt from the draft after medical tests showed he had diabetes, the disease that killed his paternal grandfather. He worked as a teaching assistant for Navy students who were studying documentary filmmaking. His never turned back after the iconic “Star Wars” film series. George Lucas was one of the camera operators on the classic Rolling Stones concert film Gimme Shelter in 1969.