IPO Fever Takes Hold of Workday
Enterprise HR and payroll management SaaS provider Workday is the latest to get caught up in the IPO frenzy. Citing anonymous sources, Bloomberg reported that the company has plans to raise $500 million in…
Anonymous Hacks Stratfor, Makes Generous Christmas Donations
Anonymous, the hacktivist collective, strikes again, and it looks like they’re ending 2011 with a bang. In a most ironic twist, Anonymous decided to breach Strategic Forecasting Inc., a.k.a. Stratfor, a global intelligence company…
Samsung Buys Sony’s Share In LCD Panel Venture
In 2004, Sony Corp. and Samsung Electronics Co. entered a joint venture for making LCD panels. Back then, the demand for consumer electronics was high and the joint venture was a profitable deal. But…
GoGo IPO: the Latest Tech Stock
By Saroj Kar
For those who travel often, it’s increasingly common to find decals on aircrafts indicating Wi-Fi internet. Most of those decals likely belong to GoGo Inc. The wireless internet provider has positioned itself well in the…
Rift Developer Trion Worlds Account Database Compromised
By Kyt Dotson
Last night, a carefully-worded e-mail went out to subscribers of Trion World’s massively multiplayer online role playing game, Rift announcing that the game developer’s user accounts had been compromised by hackers. The breadth and…
Akamai Snatches up Another Competitor, Cotendo, for $268 Million
Akamai has acquired Israeli content delivery network operator Cotendo for $268 million, in addition to the assumption of unvested options. The sum falls short of earlier reports predicting a price tag ranging between $300…
This Week in Mobile: Patent Rivalries Abound, Device Updates Fall Flat
Everyone in the tech scene knows how crucial it is to secure your position in the mobile arena. It’s the post-pc era and it won’t be too long before everything goes mobile. As for…
Cloudability Raises $1.1M to Trim the Cloud Fat
Cloudability received $1.1 million in seed funding from Trinity Ventures and Walden VC, among other investors. A local group of Portland angel investors also chipped in with another $255,000. The startup brings the economics…
IBM Faces Oracle’s Grudges, Grows in Banking, Healthcare Markets
IBM had a few noteworthy updates in the past few days. The first one comes not from IBM, but rather from Oracle. Oracle reported its earnings for the second quarter yesterday, disappointing investors and…
Trends 2012: With Big Data comes Big Expectations
By Klint Finley
As Jeff Kelly pointed out there’s big money being invested in big data. And John Fritz has warned us that with big data comes big responsibility. But what’s driving this level of investment, and…