Wednesday - January 27, 2010
Oracle announced on Wednesday the completion of its $7 billion acquisition of Sun Microsystems. At a briefing on its plans, Oracle pledged to reenergize Sun's brand name, products and other assets. Further, Oracle said it will continue its commitment to open systems and Java. "We'll invest in Java One; it'll just go global," Oracle Copresident Charles Phillips told an audience at the Oracle conference center in Redwood Shores, Calif. "It'll be colocated with Oracle Open World, and we'll add Brazil, Russia, India and China. We can afford to invest in things that Sun couldn't."
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Wednesday - January 27, 2010
After a painful descent, things may finally be looking up for long-suffering Yahoo. Coming off its best quarterly performance since hiring Carol Bartz as its chief executive a year ago, Yahoo promised late Tuesday to deliver even more meaningful progress this year. For starters, the Internet company expects its revenue for the three months ending in March to rise 3 percent to $1.63 billion.
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Wednesday - January 27, 2010
In the world of venture capital fund-raising, the would-be entrepreneur is usually the party who goes looking for acceptance. However, that's not the way MashLogic got funded. Instead, several partners at Bessemer Venture Partners sought out Ranjit Padmanabhan with seed money and the cofounder title to start up MashLogic in late 2007.
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Tuesday - January 26, 2010
DoJ has cleared the path for Live Nation and Ticketmaster to merge -- but with several conditions attached, including significant support to companies that will be formed to provide competition. The two firms, which announced the possibility of a merger a year ago, have agreed to the conditions, setting the stage for the creation of a large, multifaceted, multiservice live music company.
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Tuesday - January 26, 2010
The online poker scene was set on its ear with the arrival of the Swedish phenom known only by his Tolkien-esque moniker of "Isildur1." Isildur1 burst onto the scene in September 2009 and soon began to frequent the nosebleed seats of $1000/$2000 Pot Limit Omaha reserved for the true high stakes gamer.
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Monday - January 25, 2010
Minnesota federal judge Michael Davis has reduced the fine imposed on Jammie Thomas-Rasset for illegally sharing music on the Internet from $1.92 million to $54,000. Davis, who presided over the trial, said that the original calculations to determine Thomas-Rasset's penalty -- more than $83,000 per song -- were "monstrous and shocking."
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Monday - January 25, 2010
Regardless of the state of the economy, information security remains a top concern for consumers worked up about their information, for businesses seeking to protect that information, and for job-seekers looking for the next big thing. Even during the recession, the demand for information security-related jobs has remained strong.
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Sunday - January 24, 2010
New architectures for data and logic processing are ushering in a game-changing era of advanced analytics. These new approaches support massive data sets to produce powerful insights and analysis -- yet with unprecedented price-performance. As we enter 2010, enterprises are including more forms of diverse data into their business intelligence activities.
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Saturday - January 23, 2010
Silvio Berlusconi is moving to extend his grip on Italy's media to the freewheeling Internet world of Google and YouTube. The premier's government has drafted a decree that would mandate the vetting of videos for pornographic or violent content uploaded by users onto such sites as YouTube, owned by Google, and the France-based Dailymotion, as well as blogs and online news media.
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Friday - January 22, 2010
The movie industry loves a gala premiere, with red carpets, paparazzi and Klieg lights sweeping a glittering marquee. YouTube's announcement this week of its new movie rental strategy is about as far away from that scenario as you can get. YouTube said this week that it would make available for streaming rental five movies from this year's and last year's Sundance Film Festivals.
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Friday - January 22, 2010
Venture capitalists invested less money in U.S. startups in the fourth quarter and showed signs of spreading out those fewer dollars among more companies, reflecting continued caution amid uncertainty about the economy. The shaky economy has meant that startups are less likely to find buyers or complete initial public offerings.
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