Social analytics firm Apsalar has raised closed a $5 million round as it tries to expand its product portfolio, increase the intake of their development team and upgrade the sales and marketing divisions–in all, the startup is looking to reap more money from their efforts. The San Francisco-based company has been developing its cloud-based mobile ...

Salt Lake City based Fusion-io, the current leader in storage memory for shared data de-centralization, has revealed some flattering results of a study by the US Navy, saying that an average performance enhancement of 800 percent was observed when using its products versus the old-styled RAID 5 storage technology.  Fusion-io said the testing was carried out ...

Carol Bartz’s departure as Yahoo’s CEO isn’t going to be enough to pacify many Yahoo shareholders, and there’s even been a call for a few other choice board members.  The decision left investors and analysts questioning the company’s future strategy, raising doubts about the board’s competence as well. Third Point LLC, the multi-billion dollar hedge fund ...

Twitter is celebrating a new milestone today.  Twitter’s blog boasts that 100 million global active users are now tweeting on the microblogging site to share their thoughts. Twitter serves average 230m tweets a day, with half of its active user base visiting the site daily. About 40 percent of active users use Twitter’s service to hone in ...

It looks like Facebook really wants to stay on top, as would any industry leader.  According to a Reuters report, Facebook’s revenue is doubled to $1.6 billion in first half of the year. The net income during the same period has touched to almost $500 million. Its growing popularity among investors and advertisers has pushed the ...

Hitachi Data Systems (HDS) announced the acquisition of BlueArc Corporation today, taking in a company that develops and sells clustered NAS systems for storing and managing digital content and unstructured (file-based) data.  HDS completed the acquisition of BlueArc in an all-cash transaction.  The five year-long OEM partnership would provide customers the combination of innovative, highly scalable, ...

Businesses are now starting thinking beyond the traditional desktop computer, and with the evolution of cloud computing.  Connected devices, which include smartphones, tablets, electronic readers, game consoles, MP3 players and Smart TVs to name a few, are now talk of the town.  Everyone wants these devices, to make life easier and more productive. Consumer electronics ...

Online Music service Spotify has announced collaboration with SoundHound to enable both free and paid SoundHound users in Europe to access Spotify’s songs tracks. SoundHound makes music search and discovery applications for mobile devices. The collaboration gives Spotify Premium users access to the SoundHound music search engine, while SoundHound’s free and premium users will gain ...

The ‘big data’ trend is finding its way into many verticals, from product launches to raising funds, supercomputing to virtual lab rats. Last week started with Xsigo‘s update to its virtual data center fabric offering.  The update provides easier administration and reduces time spent on networking tasks in the datacenter.  It works with the company’s existing ...

When it comes to routers, Cisco is an unparalleled leader in the industry. Cisco made itself a fortune by selling routers and network equipment to enterprises, data centers and service provider networks.  But the company is now exploring its technology in some new ways, primarily for ATMs, vending machines and other things not typically connected ...