Telx
November 5, 2010 – 11:18 pm | One Comment

Data center operator Telx and placement company (www.telx.com) announced on Friday that the first phase of its expansion of 13,500 square meters of high density in its plant of 350 E. Cermak in Chicago is now open for immediate occupancy.The company announced in July that it completed the expansion phase to Chicago servers.The newly expanded [...]

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Stocks Down again
August 10, 2011 – 11:36 pm | No Comment
Stocks Plummet

Back to reality and back, Wall Street focused on the landscape bleak future for the economy on Wednesday and ended with big gains a day earlier – and then some. The Dow Jones industrial average 519 points and has lost more than 2,000 in less than three weeks. The swings of several hundred points within [...]

Get Rich in a boaring Market
April 13, 2011 – 10:15 pm | No Comment
make-money-in-any-market

If reserves have soared in a big bull market or fall in response to crisis situations, you can find strategies to help you take advantage of big moves in either direction. What is really difficult, however, is knowing what to do when the markets are still. With the right investment strategy, you can take the [...]

Small Business Administration Redefines ‘Small Business’
October 13, 2010 – 8:48 pm | No Comment
Small Business Administration Redefines ‘Small Business’

Small businesses are getting a little bigger, thanks to the new size standards of the Small Business Administration. Effective November 5, 2010, the change that almost 18,000 more companies in 70 industries, including retail and hospitality, eligible for SBA programs, including loans and help win federal contracts. size standards for SBA vary by industry, and [...]

Intel Profit Rises 59%
October 12, 2010 – 8:47 pm | No Comment
intel-profit-rise

NEW YORK (Dow Jones) – Intel Corp. ‘s (INTC) third-quarter profit rose 59% increase in business spending on new technology eased the pressure of weak consumer demand for personal computers.The Silicon Valley giant has seen its revenue and profits surge in recent quarters, thanks to the growing demand for its semiconductors. Tuesday, Intel reported more [...]

King Pharmaceuticals Inc. and Mesabi Trust
October 12, 2010 – 1:58 pm | No Comment
King Pharmaceuticals Inc. and Mesabi Trust

The Dow Jones Industrial Average (DJIA) has fallen more than 30 points this morning, falling back below the 11,000 mark as Wall Street prepares for the release of the minutes of the Fed meeting in September. More from the New York Stock Exchange, we are with 984 issues advancing compared to 1792 the decline in [...]

The Planet and Softlayer Likely to Merge
October 2, 2010 – 6:16 pm | No Comment
The Planet and Softlayer Likely to Merge

Rumors and speculation were the hot topic during HostingCon 2010 and WebhostingTalk.com about the possible merger of the headquarters in Houston, The Planet (www.theplanet.com) and headquartered in Dallas SoftLayer (www.softlayer.com) and led to a high possibility of purchase of 70% stake in Softlayer by GI Partners. GI Partners is well known for the 2006 purchase [...]

AT&T Sells Japanese Domestic Network Operations
September 3, 2010 – 9:50 pm | No Comment
AT&T Sells Japanese Domestic Network Operations

AT & T announced today that it has completed the sale of its Japanese domestic operations outsourcing services Internet Initiative Japan Inc. The company originally announced the transaction in June 2010. As part of the sale, AT & T will transfer approximately 1,600 domestic Japanese business customers and approximately 245 employees supporting customers IIJ. AT [...]

mSpoke Acquired by LinkedIn
August 5, 2010 – 5:57 pm | No Comment
mSpoke Acquired by LinkedIn

LinkedIn recently announced it made its first acquisition, buying services recommendation mSpoke an undisclosed price It seems that this is largely a technology purchase for LinkedIn as the company seeks to keep users more engaged on the site. In a statement, the CEO of LinkedIn, said Jeff Weiner, “mSpoke and LinkedIn common approach in the [...]

NFIB and Web.com(Nasdaq:WWWW), to Improve Online Visibility of Small Businesses
February 4, 2010 – 2:53 am | No Comment
NFIB and Web.com(Nasdaq:WWWW), to Improve Online Visibility of Small Businesses

The National Federation of Independent Business, has entered into an exclusive partnership with Web.com. The alliance offers members access to the NFIB Web.com ‘s website design and online marketing products that help small businesses succeed online. “We are dedicated to helping small businesses themselves, operate and grow their business, and that means using the Internet [...]

Hard-drive makers see big run-ups on PC recovery hopes
September 25, 2009 – 11:43 pm | No Comment
Hard-drive makers see big run-ups on PC recovery hopes

Investors willing to make bets in the early recovery of PC industry have made great with Seagate Technology and Western Digital Corp. – two manufacturers of hard drives, which have seen their market values more than tripled so far this year. When the year began, there was reason to believe that some of Seagate and [...]

House Democrats considering insurance tax
September 25, 2009 – 11:36 pm | No Comment
House Democrats considering insurance tax

House Democrats are considering a security tax to help pay for their care plan review of health, although such funding system is bitterly opposed by the unions that are among the most loyal of the party. House Speaker Nancy Pelosi, D-Calif., On Friday said a tax on the high cost of health insurance plans is [...]

Twitter to raise $100 mln in new funding
September 24, 2009 – 7:36 pm | No Comment
Twitter to raise $100 mln in new funding

Twitter is about to raise $ 100 million in new funds in a deal that values the hot microblogging service for one billion dollars, The Wall Street Journal reported Thursday. The newspaper, citing “people familiar with the deal,” said the new funding would come from seven investors including mutual fund giant T. Rowe Price and [...]

New accounting rules mean boost to Apple & others
September 23, 2009 – 5:34 pm | No Comment
New accounting rules mean boost to Apple & others

Regulators approved changes to accounting rules Wednesday that will make the short term sales and profits seem higher in technology companies for the sale of certain gadgets that combine hardware and software. Under the old rules, companies like Apple Inc. had to spread the revenue from the sale of an iPhone over two years, the [...]

Eminem’s music publisher takes Apple to court
September 22, 2009 – 5:15 pm | No Comment
Eminem’s music publisher takes Apple to court

In this Sunday, September 13th, 2009 picture, Eminem accepts the “Best Hip Hop” award at the MTV Video Music Awards in New York. Eminem’s music publisher wants a bigger slice of Apple. Eight Mile Style, LLC is suing Apple Inc., claiming they never authorized the use of 93 songs in a downloadable format on the [...]

Yahoo to spend $100M to rejuvenate brand
September 22, 2009 – 4:48 pm | No Comment
Yahoo to spend $100M to rejuvenate brand

Yahoo will invest more than $ 100 million in its latest attempt to rejuvenate one of the best known brands on the Internet is better. The money is poured into a 15-month campaign to begin marketing next week. Yahoo provided a look Tuesday at the Advertising Week bombing in New York. The ads are to [...]

Yahoo puts hosting business up for sale 500 million
September 22, 2009 – 3:14 pm | No Comment
Yahoo puts hosting business up for sale 500 million

After putting on the market for several months, a provider of Web Search Yahoo! (www.yahoo.com) has a price tag as high as $ 500 million in its business unit that hosts websites for small businesses, two unidentified sources told Reuters. Seeking $ 350 million to $ 500 million for Yahoo Small Business (smallbusiness.yahoo.com), Yahoo received [...]

Hosts Included in Inc 5000′s Fastest Growing Firms
August 19, 2009 – 7:11 pm | No Comment
Hosts Included in Inc 5000′s Fastest Growing Firms

IT services had the most corporations on 2009 Inc 5000 list with 658 firms, which includes many hosting providers.  The Inc 5000 is ranked according to % money growth from 2005 thru 2008. Qualifying corporations could have been set up and generating income by the 1st week of 2005, must be US-based, secretly held, for [...]

Video Game Sales
August 14, 2009 – 11:14 pm | No Comment
Video Game Sales

Nintendo and Microsoft sales led a fifth straight month of US retail computer game sales declines, while Wii sales plunged in spite of a powerful debut for Motion Control And headliner Wii Sports Resort. Microsoft’s Xbox 360 continued to exhibit trend-bucking YTD expansion staying power, up 17 % for the 1st 7 months of 2009, [...]

China Outsourcing
August 13, 2009 – 10:33 pm | No Comment
China Outsourcing

India’s second-biggest outsourcer, Infosys Technologies, opened a China office 6 years back, it followed the offshoring industry into a country regarded as a rising alternative choice to India. Since that time, China has principally served as an extra base from which Infosys can serve world clients, but now the company is now looking to China’s [...]

VmWare Buys Java Developer SpringSource for $420M
August 11, 2009 – 5:33 pm | No Comment
VmWare Buys Java Developer SpringSource for $420M

The purchase, which is anticipated to close in Sep , is VMWare’s biggest company purchase ever. The exchange will comprise of $362 million in notes and equity and a presumption of roughly $58 million in unvested stocks and options. By taking SpringSource, which has 150 staff, VMWare will now have the in-house talent to develop [...]

Second Quarter 2009 Financials Released by Google
July 30, 2009 – 3:52 pm | No Comment
Second Quarter 2009 Financials Released by Google

Search engine, Google, has released the company’s economic results, for the period ending as of June thirty, 2009. Eric Schmidt, CEO of Google discussed ”Google had a particularly good quarter, particularly given the continuing macro-economic downturn. While the majority of the world’s biggest economies shrank, Google’s year-over-year revenues were up three percent. These results emphasize [...]

Motorola Earnings Jump
July 30, 2009 – 12:34 pm | No Comment
Motorola Earnings Jump

Among obviously lower sales and sluggish requirement for its cell telephones, Motorola saw a dramatic boost in takings for quarter two.  The company on Thu. reported net profit of $26 million, or 1 cent a share, for the period ended July four, compared with $4 million for 2008′s 2nd quarter. The jump in revenues stunned [...]

How Madoff Eluded SEC
July 29, 2009 – 9:45 pm | No Comment
How Madoff Eluded SEC

A barrister for victims of Bernard Madoff’s Ponzi scheme announces the banker told him in a four 1 / 2-hour jail interview lots of details about the crime, including how it took place and how stocks regulators missed catching him. The San Francisco counsel, Joseph Cotchett, stated that he intended to use what he learned [...]

Microsoft Grabs Yahoo Exec
June 22, 2009 – 7:42 pm | No Comment
Microsoft Grabs Yahoo Exec

This isn’t the first time a previous Yahoo executive has joined Microsoft’s team. In Feb , Microsoft related Yahoo VP Larry Heck, had joined the company as senior VP of the web services division of Microsoft’s RD group. Others include Microsoft online unit chief Qi Lu, Sean Suchter, and Scott Moore, who originally started at [...]

Once Billion dollar Company SGI Sold to Rackable for only $25 Million
April 1, 2009 – 4:24 am | No Comment
Once Billion dollar Company SGI Sold to Rackable for only $25 Million

A collective shudder rippled thru Silicon Valley on Wed. morning, as Rackable Systems said its acquisition of Silicon Graphics Inc for just $25 million in readies. If you travel all of the way back to 1997, SGI was pulling in close to $4 bill in cash a year. The company produced some of the flashiest [...]