Brilliant ideas that were originally rejected

When Evan Spiegel, co-founder of Snapchat, floated the idea in April 2011 in front of the product design class for his final project, classmates balked at the idea of the impermanent photos.
Fred Wilson wrote a post about how he missed investing in Airbnb, one of the “best startups to come [his] way in the past few years.”
And did you know how Steve Jobs and Steve Wozniak ended up starting Apple?
“So we went to Atari and said, ‘Hey, we’ve got this amazing thing, even built with some of your parts, and what do you think about funding us? Or we’ll give it to you. We just want to do it. Pay our salary, we’ll come work for you.’ And they said, ‘No.’ So, then we went to Hewlett-Packard, and they said, ‘Hey we don’t need you. You haven’t got through college yet.”
Steve Jobs talks on attempts to get Atari and HP interested in his and Steve Wozniak’s personal computer.

via: http://thenextweb.com/entrepreneur/2014/04/14/entrepreneurs-shouldnt-shoot-bad-ideas/

Desi Brand: Britannia

Started way back in 1892 with an investment of Rs. 295, biscuits were manufactured in a small house in central Kolkata. Later, the business was acquired by the Gupta brothers and operated under the name of V.S. Brothers. In 1918, C H Holmes, an English businessman in Kolkata was taken as a partner and ‘The Britannia Biscuit Company Limited (BBCo)’ was launched. The Mumbai factory was setup in 1924 and Peak Freans, UK acquired a controlling interest in BBCo. Biscuits were in big demand during World War II, which gave a fillip to the company’s sales. BBCo celebrated its golden jubilee in 1968 and the company name was changed to the current Britannia Industries Limited in 1979. In 1982 Nabisco Brands Inc., USA became a major foreign shareholder. Ten years later in 1992, Britannia Industries Limited celebrated its platinum jubilee. The following year, the Wadia Group acquired a stake in ABIL, UK and became an equal partner with Groúpe Danone in Britannia Industries Limited.

Microsoft published the source code for MS-DOS and Word for Windows

Microsoft has decided to make the source code of the legendary MS-DOS and Word for Windows available to all users. The company has committed the code to the Computer History Museum and institution has given permission for anyone to access the material. Microsoft decided to acquire the company developed by Seattle Computer Products as a basis for what became MS-DOS system. The company spent much of its resources to the development of the system, as recognized by Bill Gates after his own success. "For over a year, 35 of the 100 employees at Microsoft devoted all his time (and a lot of overtime) with IBM in developing the project," said Bill Gates in an interview with PC Magazines.

Following the success of MS-DOS, Microsoft Word development, your word processor. The first version of Word was launched in 1983. However, the real boom came in Word 1989, when Word for Windows was released. The word processor became a huge success, becoming one of the star products of the company.

The key parts of the new Ferrari F14 T

The Ferrari F14T, which Fernando Alonso will drive this season, is characterised by a peculiar nose with a pronounced step and an open-pillar 'walrus' design. Leaving aside the aesthetics - a part which is secondary to the car's performance -, the new Ferrari includes oversized air intakes, which should provide good cooling for the new 1.6 V6 Turbo engine. This incorporates ERS, consisting of a set of electrical generators which provide up to 160 bhp during a third of a lap.

Read more:The key parts of the new Ferrari F14 T - MARCA.com (English version)

Google buys British startup DeepMind

Google has purchased the British startup DeepMind, an artificial intelligence company founded by a 37-year old former chess prodigy and computer game designer. The company was founded by researcher Demis Hassabis together with Shane Legg and Mustafa Suleyman.