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Former NASA CTO Launches Cloud Computing Start-up Nebula

July 28, 2011

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Chris C. Kemp plans to change fundamentals of computing business

Former NASA CTO Chris C. Kemp is behind a new start-up project called Nebula that is intended to enable businesses t deploy large private cloud computing infrastructure with minimal efforts, the company said in a press release. Nebula employs former leading engineers from NASA, Google, Amazon and Microsoft, planning to change the fundamental economics of […]

Posted in: Companies, Start-ups

Today’s Quote: RIM Not To Split

July 14, 2011

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Jim Balsillie says RIM will not split in 2011 while the BlackBerry manufacturer is heading in the right direction

BlackBerry’s manufacturer RIM is under heavy pressure to split into two divisions to improve corporate performance and successfully regain market positions lost to Apple and Google. Analysts like Mike Abramsky of RBC Capital Markets suggest the company should modernize in order to boost sales and support stock price, which fell to record lows in the […]

LinkedIn is Most Important Social Network?

July 10, 2011

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Increasing number of people use social networking tools

A fair majority of 59 percent of social networkers say LinkedIn is their most important social networking website, according to a survey conducted by ROI Research Inc. and commissioned by Performics. The report “S-Net (The Impact of Social Media)” finds that about 20 percent of all LinkedIn users log in the website at least once […]

CFOs Not CEOs Decide On IT Spending

July 9, 2011

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Financial executives do not believe in fast economic recovery

Chief Financial Officers (CFO) are gaining more managerial power compared to Chief Information Officers (CIO) when the matter in hand is technology investment, a new survey by Gartner, Inc. showed. CFOs have authorized 26 percent of all tech investments compared to only 5 percent of all IT investments approved within the business. According to the […]

IT Industry Tops Acquisitions Market in First Half, 2011

July 8, 2011

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Mergers-and-Acquisitions-Q2-2011

Information technology sector witnessed the largest number of mergers and acquisitions (M&A) in the second quarter of 2011 with 38 deals being finalized, according to a report by Dow Jones VentureSource. IT acquisitions netted USD 3 billion in the reporting period while the total number of acquisitions dropped from 105 in the same period of […]

Rebranding The iSteve Project

July 7, 2011

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Steve Jobs, Founder and CEO of Apple

Authorized biography of Apple founder and re-appointed CEO Steve Jobs, which has been originally named “iSteve: The Book of Jobs” would hit the market under a new title: “Steve Jobs” by Walter Issacson, according to Fortune. Publisher Simon & Schuster selected the initial title of the long awaited first authorized biography of tech guru Steve […]

Android Rulez in America

July 6, 2011

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Mobile Content Services in the U.S., May, 2011

Google Android is the most popular smartphone platform in the United States boasting 38.1 percent market share, according to a survey conducted by comScore. A total of 76.8 million Americans use smartphones at the end of May, 2011, a growth of 11 percent compared to the previous three month period. Apple is ranked second with […]

Microsoft Bing Explores China

July 5, 2011

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Baidu's Headquarters in Beijing

Microsoft Corp. signed a deal with Chinese peer Baidu Inc. allowing Baidu users to take advantage of English search results powered by Microsoft Bing search engine, the two companies announced. Microsoft has not issued a press release regarding the deal on its official website, indicating that the U.S.-based company does not consider it a major […]

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