Maria Deutscher
Latest from Maria Deutscher
Microsoft Cloud Computing from the Automakers Perspective
A back-patting blog post released by Microsoft today profiles the company’s use of cloud services to help small businesses in Detroit, notably the auto making industry. Detroit’s car industry had faltered significantly from its early days of glory, and things have seemingly gotten worse with massive bailouts and a downturned economy. Microsoft is hoping the ...
Local.com Preps for an IPO
Local.com, a U.S local search site and network which reaches 20 million users every month with local products, coupons, services, events and businesses search results today announced it’s heading for an IPO. The corporation had priced an underwritten public offering of 4,000,000 shares at $4.25 per share. “Net proceeds, after estimated underwriting discounts and commissions ...
Dell Combines Public and Enterprise Business Units
According to the Wall Street Journal, Dell is preparing to combine its large-enterprise business units into a single operation in order to “enhance its position.” Dell reported In November that its fiscal-third-quarter profit more than doubled, which means that combining the company’s two largest revenue generators may have an even more positive effect on their ...
HP Sees Decline in PC Sales, But Keeps Top Position
According to separate reports from both IDC and the Gartner research group, Hewlett-Packard has seen a 0.1% decline in PC sales during Q4 2010. HP shipped around 18 million PCs in Q4 but its share of the global market declined from 20.2 percent to 19.5 percent. This lose is blamed on a weaker than expected ...
Concure Acquires TripIt for $120 Million
Today mobile trip management company TripIt announced it has signed an agreement to be acquired by travel and expense management solutions provider Concure for $120 million. That equals $82 million in upfront cash, and the condition transfer of a future sum with a maximum of $38 million. “The combination of Concur and TripIt delivers additional ...
LivingSocial Expands with Strategic Investment, Raises $130K with Holiday Promo
LivingSocial cut all of its ties with daily deal aggregators last week, but its expansion remains rapid. The Groupon competitor announced it has acquired a majority stake in Let’s Bounce, a European group buying site. This acquisition introduces LivingSocial to 25 new European markets across Spain, Italy, Portugal, as well as to Argentina and Mexico ...
Menuism Feeds the Hungry in North America
Foodie social network Menuism announced in a press release its Feeding Hunger campaign in conjunction with the San Francisco Food Bank. Menuism will donate $1 to the San Francisco Food Bank for every new Facebook fan added to its list until February 28th, and the San Francisco Food Bank will provide $6 worth of food ...
Rackspace and Akamai Join Forces, Expands Product Portfolio
Rackspace announced it is joining forces with cloud optimizer Akamai as a part of its cloud and dedicated hosting portfolio. With an aim to create a ‘one-stop shop’ for hosting, cloud, and acceleration services, Akamai features including CNAMEs, SSL and CDN delivery will be integrated with Rackspace’s Cloud Files service. The hosting company will also ...
So Who Actually Owns Facebook? The Breakdown.
After Facebook’s recent $50 billion valuation, getting to know exactly who owns what and how much of the largest social-networking site on the globe is not a bad idea at all. This infographic reveals just that in a very colorful form, summing up the stakeholder balance of powers within the privately held company. “Stakeholders shown ...
Social Gaming on the Rise from Every Angle, $1 Billion Industry
There have been a lot of industry developments lately which indicate that social games are truly on the rise, starting with a recent eMarketer report. The report predicts social gaming will exceed the $1 billion revenue mark this year, and its U.S audience will experience a 27% growth with 62 million US users playing social ...