Boo.com is a mention in a reminder on the fifith anniversary NASDAQ crash. The lessons that can be learnt from the failure of boo.com are enormous. Burning 135 Million USD in 18 months by the website offers rich lessons to any person. Boo.com will serve as a warning for all the entrepreneurs who are profligate in their approach to their product / service. The tag line for the firm reads as “Style never dies”.

Peter Cohan, author and management Consultant says that there are three exciting tech developments that will be widely adopted and eventually save executives a lot of time. They are: 1.The Semantic Web. Cohan describes it as an extension of the current Web, where machines will be able to communicate without human intervention for example, scheduling a meeting for several participants at once by hooking into their scheduling software to see when everyone is available.

Here’s a look at facts which will justify the title of this post 1. VC Investment has risen to 33 Million USD from 8 Million USD from the previous year 2. Microsoft steps up the heat with MSN Spaces .IMHO that it is a late entrant in the market. However it is tough to hazard a guess as to how would MSFT leverage its existing communication infra with Spaces 3. Blogs have become another PR engine for the companies where the aspects of product release are discussed.

In an interview with Joshua Schachter,the founder of Del.icio.us,one of the responses regarding the revenue model for the company was as follows: “I have a day job. I only work on del.icio.us one evenings and weekends. It’s not that expensive, just rack space and ALL MY SPARE TIME.” Most people associate starting a company as something which requires tremendous amount of money, people etc. But I feel that the ability to prototype and test it out in the market is perhaps the most important ability to create a succesful enterprise.

Domain name spam essentially means registering names that look like that of legitimate companies but lead users to fake sites designed to steal passwords and credit card details .Domain names are the ‘real language’ addresses of websites, rather than their internet protocol address, which is a series of numbers. Domain names are used so people can more easily navigate the web.So-called ASCII codes are used to represent European languages but for other languages a hybrid of a system called Unicode is used.