India

The mystery of why deputy managing editor Adi Ignatius is leaving Time is solved: He's the new editor in chief of Harvard Business Review. The Boston-based title has been without a top editor since last summer, when Tom Stewart quietly resigned.

Cambridge, England-based technology VC deals tracker Library House, which went in to administration last month after the venture sector itself dried up, is selling its database to Dow Jones's VentureSource, a larger, similar service. Administrator Leonard Curtis made the sale on December 23, DJ said on Tuesday.

I recently had the great fortune of taking a holiday trip around the diverse and beautiful country of South Africa. For a stage of the trip, in a remote area of northern Kwa-Zulu Natal, my husband and I had a Zulu guide and translator, which allowed us to explore the communities more in-depth and converse more freely the locals.

Board game marketer Hasbro has dropped its copyright infringement suit against Jayant and Rajant Agarwalla, the makers of the online version Scrabble known as Scrabulous, AP reported. The Scrabulous app was taken down from Facebook this summer after Hasbro sued the brothers, who live in Calcutta, in July.

Following last month's terrorist situation in Mumbai, legal advocates in India demand that the country's High Court implement a "blur" on certain locations featured in Google Earth.
Earlier this week...

I'd hoped to see Christie Hefner in New York Tuesday, where she was supposed to lead Playboy's presentation at the UBS Global Media and Communications conference.

Tinselvision, an online video-on-demand service targeting South Asian communities in the US, UK and Canada which closed about $6 million in funding last year, has closed down, we have learned and confirmed. The company, based in Washington DC, has one investor: Innovative Entertainment Limited, a Geneva based subsidiary of Innovate Energy Group, and did two round of $3 million each, and boldly claimed that it had a "pre-launch, post-money valuation at nearly $20 million".

Arun Sarin, the former CEO of telecom Vodafone (NYSE: VOD), has emerged as the latest name being considered to replace Jerry Yang as Yahoo's chief, WSJ reports, citing unidentified sources.  Sarin's name as a contender feels like a trial balloon. The big test will be how investors greet the news on Tuesday morning when the market opens.

Having spent eight days in India in August, I found the recent tragic events in Mumbai of particular interest as I have both business colleagues as well as friends in three of the largest cities in India. While the world watched the events play out to their terrible conclusion, I was reminded of one of the most seminal events in television history, that of watching Jim McKay's harrowing updates during the 1972 Olympic game in Munich. It's interesting to compare the two events, 36 years apart.

Guardian News & Media (GNM) has appointed a chief executive for North America. Former WashingtonPost.Newsweek Interactive publisher and CEO Caroline Little, who joined GNM's board in July as a special adviser on US expansion, is now coming aboard full-time; she starts in January, based out of both New York and Washington. Disclosure: ContentNext is a wholly owned subsidiary of Guardian News & Media. Little also sits on ContentNext's board.)