This year companies will use M&A as an offensive weapon. Chief Financial Officers expect to see an increase in the number of mergers and acquisition especially in the software and telecommunications sectors. This is according to a survey that was conducted by BDO. The fourth annual “BDO Technology Outlook Survey” involved 100 CFOs of leading [...]
AOL recently posted its Q4 2010 earnings which showed that they were 26 percent down compared to the same period in 2009. Mark you this is exactly the same drop that was witnessed in Q3. In Q4 2009 the revenues were 806.7 while in the last quarter ending December 31, 2010 the revenue totaled to [...]
President Obama recently announced a new initiative that is part of a White House effort to promote entrepreneurship and job creation. The Startup America Partnership will encourage private sector investment in startups which will lead to job creation. This new partnership will be partly funded by the Case Foundation and the Kauffman Foundation. Steve Case [...]
Despite MySpace’s efforts to reinvent it still seems to be on a downward trend. According to comScore the site had 80 million unique visitors in December 2010. In October it had 90 million visitors and the figure was even higher a year ago when they had 120 million visitors. It looks like the major redesign [...]
Come February 2, 2011 the Apple iPad will start hosting a newspaper meant for tablets only from News Corp. The newspaper called the Daily will be selling for 99 cents a week. Originally the newspaper was supposed to have been unveiled on January 19 but technical glitches necessitated the postponing of the launch, according to [...]
Developers on the Android platform have been complaining about the lack of an in-app payment system. The absence of this was denying the developers some earnings unlike their counterparts at iPhone. The Inside Social Apps conference was a suitable avenue for the group manager of Android, Eric Chu to handle this issue. Chu said that [...]
Some companies just wish they were half as lucky as others were or even better had as many willing investors as other companies. Recently Facebook announced that it had managed to raise a whole $1.5 billion at a valuation of $50 billion. The recent financing round took the total funding of the site close to [...]
Google has kept its word when it said that it was going to step up the quality search efforts in 2011. Matt Cutts a Google engineer wrote on the Google blog that the company has released a spam detection classifier. The new spam classifier will aid in preventing “spammy on-page content” from ranking highly in [...]
This year 2011 will be one that will see the tablet grow exponentially. According to a Reuters report that is based on a market forecast by Deloitte, businesses will be on the forefront in the purchase of tablets. Companies will buy as many as 10 million tablets by the end of 2011. Going by what [...]
One of the co founders of Posterous has decided that it is high time he moved on to other jobs apart from his current position in the company he helped to found. Garry Tan will be joining Y Combinator as a designer in residence. Tan took part in the designing, engineering and product development in [...]
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