New File-Sharing Tool

Minus, an entirely new platform for file-sharing, has been created by a Babson College senior, whose career started when he was 9. John Xie created his first website as a child, and a web hosting company as a teenager.
 

Minus is a new tool for sharing pictures, documents, audio and video files, and actually all types of files by simply dragging them from the desktop or a folder into their browsers. The sharing can also be committed though Minus desktop or mobile applications. The client was developed by John Xie in cooperation with Carl Hu, a principal engineer at Amazon.com. Both of the application founders admitted that their goal was to simplify file-sharing and develop the simplest and easiest experience for Internet users. John Xie also revealed that Minus has collected a database of over 1/3 million users, 1 million uploads and 1 billion hits since the application was launch back in October 2010. Minus even managed to win the Babson’s Student Business of the Year Award in April 2011, which brought him $5.000 cash prize. Thus, the application made its first step into the world of file-sharing, delivering simplicity and minimalism to Internet users throughout the globe for free.

However, the program founders admit that it’s yet too early to forecast the future of their creation. John Xie is now planning to focus on the application full-time after his graduation this month. The nearest plans of the founders are to focus on user growth, and they are looking forward to it.

Xie’s hosting company, called Cirtex Corp., was started with capital of less than $20, but today it already servicing over 100,000 domain names and generating over $1,000,000 in profit every year. John Xie said that he always liked the idea of entrepreneurship and has been constantly pursuing big ideas about technology. However, his business was mostly an adventure for him. For example, Cirtex, launched by Xie at the age of 13, was more playing around and enjoying himself and what he did rather than a business or a job. Indeed, John Xie confessed that the web hosting company was more poking around and learning things in business as you go. As all his projects, Minus application was also creating things out of nothing, while having a lot of fun.

From : Extratorrent by Sam - 16 May 2011

Opportunity of The Internet Business

Opportunity of Internet Business

Communicate with customers and other businesses has changed dramatically over the past century. It started with print, then radio, television, phone, and fax, and now all of us are operating in the fastest medium yet - the Internet. The future is bright for businesses that utilize the Net as a primary medium of communication and sales.

The number of Internet users and the amount of business done online around the world is growing at a staggering rate. The world’s population currently holds well over 1 billion Internet users, and the majority of these web-savvy humans have online access at home. They research, study, e-mail, chat, download podcasts, and shop online.

Why question the amazing rate at which the average business is moving onto the Net? It makes too much sense to deny the obvious answer. Having a business online is the opportunity of our lifetime. Besides the greatly expanded market reach afforded by the Net, there is also the reduced cost of doing business online. Look at all the time, money, trees, and travel costs that are spared from the average business’s operating budget due to this new medium. The collective business world realizes the bounty of opportunity to be seized in cyberspace.

The future is really bright, so put on your shades and a thinking cap! Hot items are software, music, books, electronics, and travel. Broadening the gamut of goods sold online will happen quickly.
Have you moved yourself into the Internet?

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