NEWS
EMC Sees Rise in Shares, Still after Novell Patents
EMC has had quite a lot of things going on lately, including a rise in share price, to today’s $24.31. EMC’s shares are 48% above their lowest trading price in the past 52 weeks,…
NEWS
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…
NEWS
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…
NEWS
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…
NEWS
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…
NEWS
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…
NEWS
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…
NEWS
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…
NEWS
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,…
NEWS
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…