Isha Suri
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FalconStor Posts Losses, Looks to Rebound
FalconStor Software recently announced its Q3 report, showing disappointing losses. The provider of data storage and protection products lost $26.4 million in its third quarter ending September 30, leaving the revenues to $19 million as compared to $21.6 million last year. No explanations were given on the losses, nor was any forecast made for the ...
Goodies for Apple Fans: The Beatles and Oprah Magazine
The wait is finally over, as Apple has managed to strike a deal for the Beatles, and its record company EMI. This music will be sold on Apple iTunes store, solidifying its place as the largest music retailer in United States. This was in fact the climax of highly anticipated news yesterday, and the news ...
IBM Closes Netezza Acquisition Deal, Increases Business Performance
IBM has finally closed its acquisition deal of Netezza, as reported by the company in a statement released today. The company announced its acquisitions plans during late September this year, and closed today at about $1.7 billion. Netezza is an established player and provider of high-performance analytics in data warehousing appliances. This will greatly help ...
EMC Acquires Bus-Tech, Strengthens Backup Recovery Systems
EMC has successfully acquired Bus-Tech, a Massachusetts-based VTL solutions provider. Bus-Tech was already a member of EMC Select Partner Program since 2004 and an EMC OEM Partner since March, 2008. This acquisition by EMC is going to further strengthen the position of the company, enhancing solutions for backup and recovery, mainframe batch recovery, disaster recovery ...
Display Ads are Big Business in Asia, Shows Hiring Boom
The advertising business, especially display ads, is becoming a big business in Asia and this growth is all set to overtake the global advertising market, including the U.S and Europe. The gross advertising expenditure has surprisingly escalated from 5.9 per cent in 2009 to 14.7 percent in 2010, making it approximately $12.6 billion. The September ...
Where is HP’s CEO?
Ever since the HP’s new CEO Leo Apotheker went missing from the media, Oracle has hired private investigators to find him out. After ouster of Mark Hurd from the position of CEO, Leo took over the position last week and since then he has not made a single official appearance. According to an HP official: ...
Vodafone Reports Huge Profits, Shocks with Softbank Shares Sale
British telecom giant Vodafone has just reported huge profit gains for the first half of the year. According to the company, the net profit jumped 56 per cent making 7.50 billion Pounds. The credit for this massive gain goes to the sale of 3.1 billion Pounds stake in Softbank Corp, a Japanese telecom investment firm. ...
FalconStor in Pact with HP, Sees Shares Gain
A recent update from FalconStor Software reports the signing of services and reseller agreement with HP Enterprise Services. According to this agreement, FalconStor will offer disaster-recovery and business continuity products to Hewlett-Packard. “The FalconStor NSS solution’s heterogeneous replication feature provides HP’s Business Continuity & Recovery Services a critical capability that allows HP to replicate between ...
Growing Mobile Apps Market Empowers An Entire Industry
The escalating growth of mobile apps market can be seen in the form of much more advanced apps coming out. These apps are not only for business or home use, but for the personal use as well. An iPhone application from Hollaback is soon getting released that will help act against harassment issues. With the ...
NetApp Expands FAS Array, Simplifying the Cloud for Enterprise
NetApp is going to expand its FAS arrays by adding the Solid State Drives (SSDs) and 2.5-inch disk drives to its portfolio so as to increase power efficiency and speed up the data access. As of now, the company has a 4U DS4243 enclosure, but the addition of new SSDs will not lead to any ...