Kyt Dotson
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Stephen Elop of Nokia Receives $6 million Signing Bonus
The Wall Street Journal is reporting that Nokia Corp. has filed paperwork Friday stating that they’re going to pay Stephen Elop a more than $6 million signing bonus, Mr. Elop, recruited from Microsoft Corp. to revive the ailing handset maker’s fortunes, received a payment of €2.3 million ($3.17 million) in October and is entitled to ...
Sony Sets Kazuo Hirai as Possible CEO Successor to Howard Stringer
Currently bearing the distinction of being the President of Sony Computer Entertainment—Sony’s videogame hardware arm that brought us the PlayStation—Kazuo “Kaz” Hirai (平井 一夫) may be looking forward to stranger pastures as he’s been tapped as the likely successor of Sony’s Chief Executive Howard Stinger. Sony said Thursday that they would conjoin their videogame and ...
Clash of the Titans: The Cloud Climbing Mount Olympus
The cloud has been changing the very face of computer technology and it’s largely been innovated by the newcomers with the old, faithful behemoths of the industry moving slowly but inexorably in their wake. In an article published at Bloomberg Buisnessweek, “The Cloud: Battle of the Tech Titans”, Ashlee Vance has taken a principled view ...
Kinect Lands Spot in the Pages of the Guinness Book of World Records
Microsoft’s peripheral for the Xbox 360 has been dubbed the Fastest-Selling Consumer Electronics Device by the Guinness Book of World Records. After their explosively popular debut that left pretty much every other similar peripheral in the dust, this could be considered the jewel in the crown of excellent timing and good product work. I’ve been ...
Fusion-io Preps for IPO; Though Not Quite Ripe, Facebook Already a Data-Center Customer
As big-time innovators in solid-state storage as it combines with distributed storage models, Fusion-io has been pushing the cloud-envelope on multiple fronts. Since their emergence into the scene as a start-up in 2006, they’ve inducted the Woz as their chief scientist and brought Michael Dell from Dell, Inc. on board as an investor in the ...
Stack Overflow Injects $12 Million, Mutates Into Stack Exchange
The extremely popular questions-and-answers site, Stack Overflow, has just announced that they’ve finished a Series B funding round netting $6 million. This comes after an initial round of $6 million during May of last year. Commentary on this round of funding comes from GigaOM, along with an explanation of what users can expect from the ...
Craigconnects: The Power of Crowdsourcing and Social Media Meets Nonprofits
Craig Newmark—better known to the Internet at large as Craig of Craigslist—would like your attention and energy. He’s starting a social-media philanthropy venture to demonstrate and guide his efforts towards buttressing nonprofit organizations that he sees worthy of praise and attention by using his fame and fortune to direct eyeballs and dollars. According to the ...
Adobe Meets Apple Head On with HTML5, Releases Flash Converter
Apple has been at war with Flash for some time now—in fact, it’s persona non grata on iOS devices in lieu of hardware-accelerated, Johnny-come-lately HTML5. As a result, Adobe’s Flash gets left in the dark when it comes to iPod Touch, iPads, and iPhone and the graphics software company cannot have that. Recently, they’ve unveiled ...
Microsoft’s Defense for Nokia Deal Could Hurt Bottom Line
The news is rolling in about a gigantic exchange of money from Microsoft to Nokia as part of the newly minted deal between the two corporations that would spread the Windows Phone 7 operating system far and wide. Two sources with knowledge of the terms approached Bloomberg and let them know that they $1 billion ...
Google Purchases UK Comparison Shopping Site BeatThatQuote.com for $61.5 Million
Adding to their long line of acquisitions, Google has just purchased the UK-based comparison shopping site BeatThatQuote.com. The purchase price has been set at £37.7 million (about $6.1 million.) The site allows consumers rate comparisons amid a multitude of financial products including credit cards, car loans, mortgages, utilities, and insurance. Looking at the way that ...