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Oracle's $1.9B Taleo Deal Ratchets Up Competition in HR Space February 10, 2012
Oracle has announced it is acquiring the cloud-based talent management provider
Taleo. It is paying $46 per share, or approximately $1.9 billion, net of Taleo's cash and debt. Taleo's board of directors has unanimously approved the transaction, which is expected to close mid-year 2012, subject to Taleo stockholder approval, certain regulatory approvals and other customary closing conditions.
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Amazon Sweetens Prime Deal With More Instant Vid Titles February 09, 2012
Amazon and Viacom have inked a licensing agreement that will bring the number of instant videos available to Amazon Prime customers to more than 15,000. The deal will add episodes from Viacom's Comedy Central, MTV, Nickelodeon and BET outlets. Titles will include "The Hills," "Jersey Shore," "The Hard Times of RJ Berger," several seasons of "The Real World," and some Comedy Central shows.
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Andreessen Horowitz Waters Silicon Valley's Money Tree February 01, 2012
Andreessen Horowitz announced that it has raised US$1.5 billion for a fund aimed at investing in technology startups. The new fund is launching just as one of the firm's well-known bets, Facebook, prepares to go public. Andreessen Horowitz has an unspecified stake in the social network.
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Oracle Adds RightNow to Cloud Wars Arsenal January 30, 2012
Oracle has closed on its $1.5 billion acquisition of RightNow, developer of a cloud-based customer self-service application. Oracle announced the deal in October 2011. For Oracle, the deal makes eminent sense: It fills in a missing gap in its cloud-based CRM functionality and gives it a broader base from which to compete against Salesforce.com.
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Real Deal Boosts Intel's Entertainment Cred January 27, 2012
Intel is buying about 190 patents, 170 patent applications, and next-generation video codec software from RealNetworks. The terms of the sale will allow RealNetworks to retain certain rights to continue using the patents in current and future products. In addition to the sale, RealNetworks and Intel signed a memorandum of understanding to collaborate on the development of the video codec software and related products.
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Tynt Deal Could Make 33Across Irresistible to Microsoft January 25, 2012
Brand graph company 33Across has acquired Tynt, a company that tracks user behavior for publishers. Both companies were mum about the amount of the all-stock deal. Tynt will take 33Across into a new market; the combined companies will reach 1.25 billion users globally, according to 33Across.
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Blackbaud Gears Up for Next Enterprise CRM Release January 20, 2012
This was a big week for the Nasdaq-listed Blackbaud: The company announced its plans to acquire Convio, which offers a fund-raising application for nonprofits, for $275 million. The feature sets of the Convio application and Blackbaud's CRM software for the nonprofit space are complementary, to a large degree. The newly acquired technology will help Blackbaud further develop its user base.
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Building Synergistic Alliances in the Clouds January 13, 2012
With little public fanfare, SAP and Google announced a strategic alliance to integrate SAP's BusinessByDesign and Google Apps during an "influencer" forum last month. Although senior executives from both companies boasted about the significance of this joint initiative, neither issued a public announcement, and little press coverage ensued from the event.
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WebMD Looking a Little Green Around the Gills January 12, 2012
It has been a rocky week for the medical news website WebMD, and it appears that the remainder of 2012 may be equally tumultuous. On Tuesday, WebMD CEO Wayne T. Gattinella resigned, and the company announced it was not looking for a buyer after all. It informed shareholders that 2012 revenue could clock in at 2 percent to 8 percent below 2011's revenue.
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Intel to Make Mobile Incursion via China January 11, 2012
Intel has finally leaped into the mobile sector. CEO Paul Otellini announced the company's entry during a keynote address at CES. Otellini revealed major agreements with both Motorola and Lenovo to put Intel inside smartphones. Intel will show up in Lenovo phones in China during the first half of 2012 and in Motorola handsets this year.
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Oracle Makes Bold, Risky Move With Big Data Appliance Launch January 11, 2012
Oracle has released its Big Data Appliance, which it announced last year at Oracle OpenWorld. With no release date promised, the industry was surprised by its relative speed to market. Less surprising was Oracle's enlistment of Cloudera -- the leading provider of Hadoop system management tools -- to provide an Apache Hadoop distribution and tools for the appliance.
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Yahoo Starts Unburdening Itself December 22, 2011
Looks like Yahoo is going to let go of most of its Asian assets -- a large part of its stake in the Alibaba Group of China and its Yahoo Japan affiliate -- and load up on cash. The move may allow the company to retain control of its core assets and perhaps even buy itself a new look. Yahoo's board reportedly is considering a plan to sell these assets back to their majority owners in a complex $17 billion transaction.
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Google Gives Firefox 3 More Years of Rations December 21, 2011
Google and Mozilla have reupped their search revenue agreement. Under the new three-year plan, Google Search will continue to be the default search provider for Firefox users.
Given Google's clear desire to push Chrome into the top ranks of the browser market, it would seem counterintuitive for it to re-ink a deal with one of its chief rivals in that arena.
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AT&T, T-Mobile: There's No Crying in Mergers December 21, 2011
AT&T has decided not to challenge the Federal Communication Commission's objections to its proposed US$39 billion acquisition of T-Mobile. Given the energy, time and resources it clearly put into the effort, the company is likely still licking its wounds, but it will soon have to address the question of what to do next -- as will T-Mobile and its parent company Deutsche Telekom.
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AT&T Wakes Up From Its T-Mobile Dream December 20, 2011
AT&T has put an end to its $39 billion quest to take over T-Mobile Monday, announcing that it will decline to challenge the FCC's claims that the deal would lead to fewer consumer choices, poor service and higher prices.
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Verizon and Google Enter Holiday Party Late and Sulky December 17, 2011
The Galaxy Nexus has finally arrived in the United States after showing up in places like Europe and Hong Kong several weeks ago. This is a Samsung smartphone running the very latest and greatest version of Android, Ice Cream Sandwich. And there are no factory-installed tweaks to the OS either -- it's straight Android, no mixer.
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