Business

Tech Venture Funding Rises 10 Percent

Dice Techonomics
The trends in venture funding last year were much like those in the job market: While overall numbers were down, those in tech were up. Overall venture funding in the U.S. fell 10 percent during 2012, to $26.5 billion. That’s the first decline in three years. On the other hand, the software industry — historically the largest investment segment for venture capital — posted a 10 percent increase over 2011 to $8.3 billion. A total of 1,266 software deals were… continue…

If HP Sells Units, These Jobs Could Be at Risk

Posted In Looking in Tech
Hewlett-Packard
Hewlett-Packard’s statement that it is considering the sale of some unnamed units has undoubtedly made employees queasy. You could chock up the notion of divestiture to the rumor mill if it wasn’t for the fact that HP’s statement appeared in a December filing with the SEC. Before filing its 10-K on December 27, HP insisted it spin-offs weren’t on the table. In early December, a spokesman assured Bloomberg that it was “committed to keeping our businesses and assets together.” But… continue…

Good News, Bad News About Tim Cook’s Apple

Apple Thumb
Apple CEO Tim Cook has led the company along the path to both Steve Jobs-worthy products and a $488 billion valuation, more than Google’s and Microsoft’s combined. He got enough notice to nearly beat out Barack Obama to be Time’s person of the year. Despite all that, life in Cupertino’s executive offices may not be as sunny as you’d think. “Cook’s record hasn’t been flawless,” observed Time’s Lev Grossman, “but he has presided in a masterly way over both a… continue…

Big Data Business Models Depend on Differentiation, Delivery: Analyst

Analyst R. “Ray” Wang believes there are three good approaches to a Big Data business model. continue…

Why a Google-DISH Partnership Makes Sense

Posted In Living in Tech
Radio Antenna
All the rumors about Google and DISH Network starting a wireless service together got me thinking about the impact that kind of deal would have. Google likes to invest heavily in its future. When it has a goal, it usually can’t be deterred from achieving it. Just one example: Google+ was launched when Facebook and Twitter already had hundreds of millions of accounts. Analysts are skeptical and the social network has only a reported 170 million users, not near Facebook’s… continue…

Next CEO Has to Keep Intel Relevent

Intel Sign
Intel CEO Paul Otellini informed the company’s board that he plans to retire in May at the company’s annual shareholder meeting. Apparently, the news caught the board off guard. While he formally informed the board last Wednesday, any attempts to get him to stay didn’t pan out. Finally, Intel made the news public yesterday. This puts plans for an orderly transition onto a hyper-fast track. With the shareholders meeting scheduled for May 16, that leaves six months to name a successor.… continue…

SAP Issues Windows 8 Business Apps, But Will Others Follow?

SAP has issued a set of business apps for Windows 8. Will other companies follow suit? continue…

Data Scientists Need Business Experience: Dresner

Data scientists need business experience in order to see how their work will affect a company’s future, says analyst Howard Dresner. continue…

PayPal Seeks Agility By Pushing a Cultural Shift

Posted In Living in Tech
PayPal
Updated: PayPal said that it will indeed lay off 325 employees.  Big change is afoot at payment service PayPal, which posted strong results for parent eBay last week. Revenues grew by 23 percent to $1.4 billion. It expects to complete more than $10 billion in mobile payments this year despite increasing competition from credit card companies, startups like Square and established players like Google. As Bill Scott, senior director of user interface engineering, put it, “There seems to be a… continue…

Pandora Stock Dives on Apple Music Service Rumors

Posted In Living in Tech
Hammer
Reports that Apple is preparing an Internet streaming-radio service fed a plunge in Pandora Media’s stock price Thursday — 9 percent to hit a record low of $7.50 before finishing the day at $8.20. That’s a far cry from the company’s $16 IPO price in June 2011. It might be premature to call 2012 Pandora’s annus horribilus, a lot can change over the next two months and 2013, when Apple’s music streaming service is expected to launch, could prove things… continue…