Maria Deutscher
Latest from Maria Deutscher
Amazon Comfortably Passes Wall Street Expectations, More Steady Growth
Following eBay, retail and cloud giant Amazon has reported financial results for the second quarter. Amazon’s Q2 net-income was $191 million or 41 cents a share compared with $207 million or 45 cents in the same time last year. While this figure declined year-over-year, the company- similar to several others including eBay – accounts it ...
Citrix the Latest to Make Management Changes: 3 New VPs
Virtualization solutions maker Citrix is the latest company to make significant staffing changes this week, introducing three new execs: Erin Hintz, Shankar Iyer and Bob Schultz. Hintz joins Citrix from Symantec, where she led global marketing for the Norton antivirus. “Hintz will lead go-to-market efforts for the rapidly growing Online Services Division at Citrix, which provides ...
LucidChart Raises $1M for HTML5 Collaboration App
LucidChart, the maker of a web-based diagramming and collaboration app, has raised $1 in seed funding from 500 Startups, 2M Companies, K9 Ventures and other angel investors. CEO Karl Sun says the capital will be used to expand the startup’s team and enhance its existing offering. Dave McClure of 500 Startups says “we all want to ...
ARM Beats Wall Street Expectations Thanks to Mobile Demand
U.K-based chipmaker ARM reported results for the second quarter of fiscal year 2011 today. The firm has seen a tremendous amount of growth, a trend that’s expected to extend to the third quarter of this year, which it credits to exploding demand in the mobile space. The company reported a revenue increase of 28 percent ...
Dell Launches OpenStack Infrastructure Offering
Today Dell announced a new offering that is based on Cactus, the latest version of open-source cloud operating system OpenStack. The Dell OpenStack Cloud Solution is a combo of Dell PowerEdge C Series servers, which are designed for web hosts, the OpenStack OS and Dell’s Crowbar installer. The company promises the open-source framework can reduce ...
Qualcomm Invests in Gesture-Recognition Tech with GestureTek Deal
Mobile chipmaker Qualcomm acquired some of the assets of GestureTek, a privately held company that develops gesture-recognition technology for smartphones, Terms of the deal were not disclosed, but we do know Qualcomm did not acquire GestureTek’s public displays and digital signage divisions. “The plan is to add GestureTek’s technology to future versions of Qualcomm’s Snapdragon processors ...
Apple Says No to In-App Links, Forces More Publishers’ Hands
In an effort to better capitalize the media companies using the App Store as another channel to reach out users, Apple has taken a number of steps in the past few months, some more controlling than others. First there was the 30 percent fee on digital content purchased via the platform, followed by a now-defunct rule requiring ...
Oracle, Others Expand Linux Cloud Offering Portfolios
The Linux cloud management services market is getting more crowded as bigger and bigger players are looking to grow their share of the pie. The latest is Example is Oracle, which acquired KSplice for an undisclosed amount. The privately-owned firm has a popular zero downtime update offering that Oracle will integrate with Oracle Linux Premier ...
Today’s Executive Shuffle: SAP and AOL in RIM’s Shadow
Business software maker SAP, and the lagging web portal AOL both made some high-rank staffing changes today in an attempt to boost company strategy. SAP appointed Kevin Nix as the new head of its OnDemand business, a tech industry veteran that brings over 25 years of experience to the company. “Prior to joining SAP, Nix was ...
Analysts Forecast Growth for Juniper Networks before Earnings Call
Networking equipment maker Juniper Networks will hold its earnings call on Tuesday, July 26, and analysts forecast that the company will manage to maintain the steady growth rate, an average of 23.06 percent year-over-year, it had throughout the past four quarters. Juniper is expected to report $1.15 billion in revenue this quarter, a rise of ...