Dell Inc.'s proposed $67 billion takeover of EMC Corp. is...
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The Associated Press Twitter account yesterday was hacked an briefly broadcasted to the world an unprecedented national crisis. "Two Explosions in the White House and Barack Obama is injured," tweeted the @AP. The Dow plummeted nearly 100 points following the tweet, briefly losing $100 billion, but quickly recovered after the news was found to be fake. There is a much bigger story nestled in this news other than two-step authentication for Twitter. (The microblog is said to have a working product that they're frantically testing internally.) A Twitter account, a single tweet, was able to affect the New York Stock... more »
VMware Inc.'s first-quarter earnings declined 9.3% amidst realignment charges. Though services revenue and core earnings improved, shares fell 6.8% to $70.80 after hours as the company lowered its full-year revenue guidance and offered weak estimates for the second quarter. Translation: expect less from us this year. VMware has a business built on virtualizing your environment, and with the technology industries move to the cloud picking up steam VMware is in a very delicate position. With hybrid-cloud and network-virtualization products on the way, VMware (controlled by data storage equipment maker EMC Corp) is putting all of its eggs in the cloud... more »
Business intelligence provider Pentaho picked up Webdetails, a Portuguese consultancy that has designed numerous plugins for its software over the course of the past few years. The 20-strong team is best known for its Community Tools, or “CTools”, a set of free utilities for creating dashboards and reports. Although the terms of the deal were not disclosed, the acquisition is described as a talent buy. The Webdetails crew will contribute its visual interface development expertise to bolster Pentaho’s consulting services, and also to expand the number of data visualizations available for the company’s development tools. Founder Pedro Alves, a prominent member... more »
Microsoft has just tied up its second major patent-licensing deal in the space of seven days, sealing an agreement with Chinese smartphone maker ZTE that shows it isn't about to let up in its efforts to seize its share of the mobile market, even if it has to do things the roundabout way. As noted on its Technet blog, the firm has now tied up licensing deals for its patents with all but two of the world's major Android makers, with only Huawei and Motorola Mobility still refusing to pay their dues. The deal with ZTE follows last week's milestone agreement... more »
Tim Vincent, an IBM Fellow and CTO of Information Management for the company, provided his unique take on Big Data in a Monday interview hosted by Wikibon’s Jeff Kelly. In the first part of the discussion, Vincent focuses on the Big Data solutions that his company officially launched earlier this month. He starts with PureData, a plug and play Hadoop appliance that can be deployed in a matter of hours. The executive says that PureData’s edge over homegrown Hadoop clusters is that it empowers organizations to invest man-hours in the development of technology that drives business value. IT departments that choose the... more »
Is Microsoft underappreciated as a software giant? One hedge-fund thinks so. Jeffrey W. Ubben, founder of ValueAct Capital Management L, stated that his firm owns about $2 billion dollars in Microsoft stock during an investor conference. The information suggests that holds less than 1 percent of Microsoft's total shares outstanding. But what exactly brought about the hedge-fund executive’s disclosure? On this morning’s Live NewsDesk Show with Kristin Feledy, SiliconANGLE Contributing Editor John Casaretto dropped by to give his Breaking Analysis on the situation. First off, ValueAct is known for flipping things around, investing in companies and seeking out board seats and changes in... more »
In today’s NewsDesk roundup: Yahoo! announced new flagship iOS app; Netflix shares soaring high; Startups alive with big funding; Apple expected to post declining profits; Nokia wins injunction on HTC One; Grooveshark app booted from both Apple and Google app stores; Google chairman announces Google Glass public release for 2014; Microsoft resurrects Start button for Windows 8; Hungry Xbox 360 owners can now order food via the Pizza Hut app. Yahoo! announced new flagship iOS app CEO Marissa Mayer recently announced a new flagship Yahoo iOS app. The app condenses news stories using technology from Summly, the startup it acquired less than... more »
AWS is growing at a phenomenal rate. Wikibon estimates it will top $3B in 2013. But, says Jason Mendenhall, EVP for Cloud at Switch Communications, creator of Nap 7, a.k.a. SuperNap, the world's largest, fastest public cloud colocation data center, it is not eating up the IT-as-a-Service marketplace -- in fact in some ways it is helping that market by creating publicity. Nor is it going to eat up the internal ITO, at least not by itself, although it is helping to force major change in the organization. Speaking at the Wikibon Peer Incite April 23 titled, "Software is Eating the... more »
The security game has forever changed, today’s IT environments require way more than old-fashioned perimeter security. I could spend the better part of a day making a list of ways of putting security together, so the list of tasks is not small. Companies are definitely stepping up to these challenges- both those that products and customers are recognizing the critical shift necessary to make these requirements not only feasible, but focused on the most sophisticated of requirements as well. One of the biggest targets in cybersecurity today lies in web applications. HP’s announcement of a newly released 10.0 version of... more »
After 31 quarters of exceptional performance, IBM finally hit a bump in the road when posting lowered profit and revenue targets by 1 and 5 percent respectively. But pundits believe that IBM can recover from this especially with its new found focus in cloud computing and a rumored deal with Lenovo once again. In 2004, IBM sold its PC business to Lenovo and the deal has worked out well for both parties. Now, there’s a rumor going around that involved IBM selling its x86 boxes to Lenovo, but details are sparse. Nevertheless, if this rumor is true this could be bad... more »