Maria Deutscher
Latest from Maria Deutscher
EMC Expands Storage Products as We Await Big News
We’ll be streaming live from this week’s New York EMC event, but before the company spills the beans about their big news for today, there have already been two notable developments this week worth highlighting. First up, EMC will release the VNX unified storage platform this Tuesday to boost the competition with NetApp, whose FAS ...
Goldman Gets $7 Billion in Facebook Share Orders, Blocks U.S Investors
According to CNN, Goldman Sachs announced it will be offering Facebook shares via company exclusive, with private placement deal to non-U.S residents only. This internal decision is reportedly due to excess media coverage – the SEC has a history of halting and postponing issuances because of such issues. “For the Facebook deal, Goldman had repeatedly ...
Facebook Privacy Issues Surface with Latest Hacker Attack
After seeing a whole lot of privacy issues this past year, Facebook, or at least its users, are in for another round. According to CNET, 23-year-old George Bronk from Sacramento, California utilized publicly-available information users uploaded onto Facebook to effectively get past their e-mail accounts’ security questions. “According to the Associated Press, Bronk, from Sacramento, ...
Android Outships the iPhone, Steve Jobs Takes Another Medical Leave
Steve Jobs made a rare appearance at Apple’s earnings call yesterday, and admitted that Android devices outshipped Apple’s iPhone during the last quarter of 2010. A fresh comScore report also indicated Android outmatched the iPhone in terms of sales, but Google is still behind RIM in U.S. sales. “During a rare appearance on Apple’s last ...
EMC Sees Rise in Shares, Still after Novell Patents
EMC has had quite a lot of things going on lately, including a rise in share price, to today’s $24.31. EMC’s shares are 48% above their lowest trading price in the past 52 weeks, $16.45, and above their highest price of $24.17 throughout the same period. “In the last five trading sessions, the 50-day MA ...
Microsoft Cloud Computing from the Automakers Perspective
A back-patting blog post released by Microsoft today profiles the company’s use of cloud services to help small businesses in Detroit, notably the auto making industry. Detroit’s car industry had faltered significantly from its early days of glory, and things have seemingly gotten worse with massive bailouts and a downturned economy. Microsoft is hoping the ...
Local.com Preps for an IPO
Local.com, a U.S local search site and network which reaches 20 million users every month with local products, coupons, services, events and businesses search results today announced it’s heading for an IPO. The corporation had priced an underwritten public offering of 4,000,000 shares at $4.25 per share. “Net proceeds, after estimated underwriting discounts and commissions ...
Dell Combines Public and Enterprise Business Units
According to the Wall Street Journal, Dell is preparing to combine its large-enterprise business units into a single operation in order to “enhance its position.” Dell reported In November that its fiscal-third-quarter profit more than doubled, which means that combining the company’s two largest revenue generators may have an even more positive effect on their ...
HP Sees Decline in PC Sales, But Keeps Top Position
According to separate reports from both IDC and the Gartner research group, Hewlett-Packard has seen a 0.1% decline in PC sales during Q4 2010. HP shipped around 18 million PCs in Q4 but its share of the global market declined from 20.2 percent to 19.5 percent. This lose is blamed on a weaker than expected ...
Concure Acquires TripIt for $120 Million
Today mobile trip management company TripIt announced it has signed an agreement to be acquired by travel and expense management solutions provider Concure for $120 million. That equals $82 million in upfront cash, and the condition transfer of a future sum with a maximum of $38 million. “The combination of Concur and TripIt delivers additional ...
