Chief Executive Olli-Pekka Kallasvuo told Finnish national broadcaster YLE (via Reuters) that the company was looking at getting into the PC business.

Nokia laptops? Hope they come with a 3G Sim card.

There was a 140 per cent increase in entries to a business plan competition for institutions of higher learning in Malaysia,  with 526 entries in total, according to the Malaysian ICT agency Multimedia Development Corporation (MDeC).

Not surprising since the economy is down… Many more people are going to think about how to start businesses.

This is shocking. Provisioning and deployment has gotten 10x faster during this period, but development has gotten 130x faster. Development teams are getting smaller and more agile, doing shorter iterations (deploying more often), and scaling their apps more quickly (more frequent provisioning). This results in a dramatic increase in the portion of time spent provisioning and deploying.

Indeed provisioning and deployment is becoming a big waste of time. IT organizations need to figure out how they can not only develop “agile” but also provision instantly for even greater cost savings and developer happiness.

Motivated by the ferocious appetite of our developers and the enduring popularity of Ruby on Rails (RoR), my colleague Jeff Fisher has forged a Ruby utility library from the fiery depths of Mount Doom.

ahh nice, Google finally releases a Rails library… waiting long long long for this!

I will invest money in businesses presented here on this blog. No minimum, no maximum, but a very specific set of rules. Here they are:

1. It can be an existing business or a start up.
2. It can not be a business that generates any revenue from advertising. Why ? Because I want this to be a business where you sell something and get paid for it. Thats the only way to get and stay profitable in such a short period of time.
3. It MUST BE CASH FLOW BREAK EVEN within 60 days 
4. It must be profitable within 90 days.
5. Funding will be on a monthly basis. If you dont make your numbers, the funding stops
6. You must demonstrate as part of your plan that you sell your product or service for more than what it costs you to produce, fully encumbered
7. Everyone must work. The organization is completely flat. There are no employees reporting to managers. There is the founder/owners and everyone else
8.  You must post your business plan here, or you can post it on slideshare.com , scribd.com or google docs, all completely public for anyone to see and/or download
9. I make no promises that if your business is profitable, that I will invest more money. Once you get the initial funding you are on your own
10. I will make no promises that I will be available to offer help. If I want to , I will. If not, I wont.
11. If you do get money, it goes into a bank that I specify, and I have the ability to watch the funds flow and the opportunity to require that I cosign any outflows.
12. In your business plan , make sure to specify how much equity I will receive or how I will get a return on my money.
13. No mult-level marketing programs (added 2/10/09 1pm)

That’s pretty creative.

I’d probably start one if I was as rich as him.

Maybe it’s time for some of the wealthy to source dealflow the way Mark is doing.