Hot Tech Blog

May 17 2012

Salesforce Sales Forecast Tops Estimates on Big Deals – Bloomberg

Category: Deals — Hot Tech Blog @ 7:13 pm

Salesforce Sales Forecast Tops Estimates on Big Deals
Bloomberg
Salesforce.com Inc. (CRM), the largest seller of online customer-management software, forecast fiscal second-quarter sales that beat estimates as it signs more large deals with corporate customers. Sales in the period ending in July will be $ 724 …

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deals – Google News

The Big Deals 05.18.12
Chicago Sun-Times
By DENISE I. O'NEAL doneal@suntimes.com May 17, 2012 7:20PM From upscale to low-cal, the Sun-Times' “Big Deals” column brings readers the dish on food and drink specials that will not break the bank. The Red Canary, 695 N. Milwaukee.

deals – Google News

USA TODAY

Prosecutor: Plea deals set in Fla. A&M hazing case
Lexington Herald Leader
By BILL KACZOR — AP Two former members of the Florida A&M University band pleaded no contest to reduced charges of misdemeanor hazing in the beating of a freshman clarinet player as part of a deal with prosecutors Thursday. After accepting their pleas …
Prosecutor: Plea Deals Set in FAMU Hazing CaseWCTV

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deals – Google News

Tags: Bloomberg, Deals, estimates, forecast, sales, Salesforce, tops

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May 17 2012

Facebook Raises $16B in Biggest Tech IPO on Record – Bloomberg

Category: Tech — Hot Tech Blog @ 6:27 pm

Bloomberg

Facebook Raises $ 16B in Biggest Tech IPO on Record
Bloomberg
Play Facebook's Disturbing Ad Trend Facebook Inc. (FB) raised $ 16 billion in the biggest initial public offering by a technology company in history, pricing the shares at the top end of an increased range. The social network sold 421.2 million shares …
Facebook Going Public Friday in Largest Tech IPO EverPC Magazine
Facebook launches biggest tech IPO on recordMarketWatch
Facebook Will Have The Biggest Tech IPO Ever, Raising $ 16 Billion With $ 38 …TechCrunch
ABC News (blog) -Computerworld -CNN
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Tech fraternity suspended after alleged hazing
Atlanta Journal Constitution
By David Ibata A Georgia Tech fraternity that has been part of campus life since the early 20th century has been suspended for two years after reports of a hazing, Channel 2 Action News reported. The Gamma Eta Chapter of Beta Theta Pi fraternity is …

tech – Google News

USA TODAY

Report: Hewlett-Packard to slash 25000 workers
USA TODAY
Hewlett-Packard is considering eliminating up to 25000 jobs — 7% of its workforce — to slash costs and help the venerable tech company cope with declining demand for computers and services, according to several reports. By Paul Sakuma, AP Outside …
HP gains on layoff reports; techs slipMarketWatch
Hewlett-Packard Said to Consider Cutting as Many as 25000 JobsBloomberg
Huge job cuts rumored to be looming at Hewlett-PackardSan Jose Mercury News

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tech – Google News

Tags: $16B, Biggest, Bloomberg, Facebook, raises, record, tech

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May 17 2012

April deals losing hand to La. casinos, racetracks – BusinessWeek

Category: Deals — Hot Tech Blog @ 5:13 pm

April deals losing hand to La. casinos, racetracks
BusinessWeek
April dealt a losing hand to Louisiana's state-licensed casinos, with most raking in fewer winnings last month compared to April 2011. State police said Thursday that Harrah's in downtown New Orleans, the state's only land-based casino, took in $ 26.8 …

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deals – Google News

Woman deals with flesh-eating bacteria
WJXT Jacksonville
Two recent cases have drawn attention to a flesh-eating bacteria infection, but experts don't think it's on the rise. It can be contracted several different ways and the symptoms vary. For Gainesville resident Gloria Bussen, it started with stomach …

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deals – Google News

Salesforce.com Tops Estimates as Corporate Deal Sizes Increase
BusinessWeek
By Aaron Ricadela on May 17, 2012 Salesforce.com Inc. (CRM) (CRM), the largest seller of online customer-management software, forecast fiscal second-quarter sales that beat estimates as it signs more large deals with corporate customers.

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deals – Google News

Tags: April, BusinessWeek, Casinos, Deals, hand, losing, racetracks

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May 17 2012

Marvell Tech Tops Views; Starts Dividend, Raises Buyback – Wall Street Journal

Category: Tech — Hot Tech Blog @ 4:27 pm

Marvell Tech Tops Views; Starts Dividend, Raises Buyback
Wall Street Journal
By Shara Tibken Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Marvell Technology Group Inc. (MRVL) reported better-than-expected fiscal first-quarter results, boosted its share-repurchase plan and initiated a dividend as the chip maker benefits from …
Marvell Tech Posts 1Q Results, Starts DividendABC News

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AFP

Facebook Going Public Friday in Largest Tech IPO Ever
PC Magazine
By Mark Hachman It's official: Facebook will go public on Friday, raising just over $ 16 billion in what will be the largest technology IPO on record. Facebook said it would price 421233615 shares at $ 38 apiece, raising just over $ 16.01 billion.
Remember theGlobe.com? Tech IPOs have a dismal track recordCNNMoney
Facebook Will Have The Biggest Tech IPO Ever, Raising $ 16 Billion With $ 38 …TechCrunch
Facebook IPO: $ 38 Shares Biggest Tech OfferABC News (blog)
Computerworld -AFP -CNN
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tech – Google News

Marvell Tech Tops Views; Starts Dividend, Lifts Buyback
Wall Street Journal
By Shara Tibken Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Marvell Technology Group Inc. (MRVL) reported better-than-expected fiscal first-quarter results and provided strong guidance for the current period as the chip maker benefits from strong …

tech – Google News

Tags: Buyback, dividend, Journal, Marvell, raises, Starts, street, tech, tops, views, Wall

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May 17 2012

Methode Electronics to Present at B. Riley & Co. 13th Annual Investor Conference – MarketWatch (press release)

Category: Electronics — Hot Tech Blog @ 3:50 pm

Methode Electronics to Present at B. Riley & Co. 13th Annual Investor Conference
MarketWatch (press release)
CHICAGO, IL, May 17, 2012 (MARKETWIRE via COMTEX) — Methode Electronics, Inc. (NYSE:MEI) , a global developer of custom engineered and application specific products and solutions, will present at the B. Riley & Co. 13th Annual Investor Conference in …

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electronics – Google News

KPLC 7 News, Lake Charles, LouisianaFake electronics No. 1 seized import in …
KPLC-TV
Electronic items, including smoke detectors, are now the No. 1 category of knockoffs seized by agents at O'Hare International Airport, federal officials say. (Source: WMAQ/CNN) MIAMI (WTVJ/NBC) – One of the hottest apps on the market may upset you if …

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electronics – Google News

Tags: 13th, Annual, Conference, Electronics, Investor, MarketWatch, Methode, Present, press, Release, Riley

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May 17 2012

Verizon CFO ‘Very, Very Confident’ Cable, Spectrum Deals Will Pass – eWeek

Category: Deals — Hot Tech Blog @ 3:13 pm

TECH.BLORGE.com

Verizon CFO 'Very, Very Confident' Cable, Spectrum Deals Will Pass
eWeek
Verizon Wireless' CFO is confident that the carrier's deals with the cable companies will be approved and that in offering to sell some spectrum, the company is actually creating more competition. Verizon Wireless CFO Fran Shammo said that he is “very, …
Verizon's grandfathered 'unlimited data' deals under pressureTECH.BLORGE.com

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deals – Google News

Big deals show Reds are willing to spend
MLB.com
Including Chapman's deal, we're talking nearly $ 422 million. "By comparison to other ballclubs, the Reds always have owned the reputation of not spending a lot of money, and you can go all the way back to the 1970s, when they had the Big Red Machine," …

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deals – Google News

April deals losing hand to La. casinos, racetracks
CBS News
NEW ORLEANS — April dealt a losing hand to Louisiana's state-licensed casinos, with most raking in fewer winnings last month compared to April 2011. State police said Thursday that Harrah's in downtown New Orleans, the state's only land-based casino, …

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deals – Google News

Tags: cable, confident, Deals, eWeek, pass, Spectrum, Verizon, Very

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May 17 2012

If Facebook’s IPO goes south, social, tech markets could take a hit – Computerworld

Category: Tech — Hot Tech Blog @ 2:27 pm

ABC News

If Facebook's IPO goes south, social, tech markets could take a hit
Computerworld
By Sharon Gaudin Computerworld – With Facebook's initial public offering creating such a frenzy of interest, there's an important question to be considered: What happens if tomorrow or next week or five months from now, this investment goes south?
Tech IPOs: Where are they now???HLNtv.com
Facebook: Past Tech IPOs Show There are No GuaranteesABC News
Facebook frenzy zaps Apple as tech darlingNew York Post
Investorplace.com -CTV.ca
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tech – Google News

Horizon Technology Finance Closes $ 1.5 Million Venture Loan to StreamBase
MarketWatch (press release)
FARMINGTON, Conn. and BOSTON, May 17, 2012 (GlobeNewswire via COMTEX) — Horizon Technology Finance Corporation (NASDAQ:HRZN) ("Horizon"), a leading specialty finance company that provides secured loans to venture capital and private equity backed …

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Apple, Pandora, LinkedIn Lead Tech Retreat
Wall Street Journal
SAN FRANCISCO (Dow Jones)–Technology stocks headed south Thursday, weighed by declining shares of Apple Inc. and social networking companies, on the eve of Facebook Inc.'s public trading debut. Apple (AAPL) shares were down 1.7% at $ 537.08, …

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tech – Google News

Tags: 'social, Computerworld, Could, Facebook's, goes, Markets, South, take, tech

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May 17 2012

LG Electronics Achieves Unparalleled Efficiency With Newest Addition To Art … – Sacramento Bee

Category: Electronics — Hot Tech Blog @ 1:49 pm

Newsolio

LG Electronics Achieves Unparalleled Efficiency With Newest Addition To Art …
Sacramento Bee
By LG Electronics USA, Inc. WASHINGTON, May 17, 2012 — /PRNewswire/ — By expanding its already popular Art Cool™ duct-free system, LG Electronics, an award-winning worldwide HVAC solutions provider, reached new levels of energy efficiency compared …
LG Electronics Brings New, Innovative Energy-Efficient Commercial HVAC …MarketWatch (press release)

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electronics – Google News

LG Electronics Achieves Unparalleled Efficiency With Newest Addition To Art …
MarketWatch (press release)
WASHINGTON, May 17, 2012 /PRNewswire via COMTEX/ — By expanding its already popular Art Cool(TM) duct-free system, LG Electronics, an award-winning worldwide HVAC solutions provider, reached new levels of energy efficiency compared to previous …

electronics – Google News

Tags: Achieves, addition, Efficiency, Electronics, NEWEST, Sacramento, Unparalleled

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May 17 2012

CPPIB posts 2012 gains, eyes deals in Europe, Asia – Reuters

Category: Deals — Hot Tech Blog @ 1:13 pm

CPPIB posts 2012 gains, eyes deals in Europe, Asia
Reuters
The fund struck 60 global deals in fiscal 2012, many as part of a consortium, including the US$ 6.1 billion acquisition of medical technology company Kinetic Concepts Inc and the purchase of a 24.1 percent stake in Norway's Gassled gas transport …

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deals – Google News

TallUnited.com Debuts Innovative Group Buying Platform for Tall Clothing Deals
MarketWatch (press release)
TallUnited.com has unveiled a powerful new solution for the "vertically endowed" with an innovative group buying platform for deals on tall clothing. ROYAL OAK, Mich., May 17, 2012 (BUSINESS WIRE) — TallUnited.com has today announced the debut of …

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deals – Google News

Special tax deals unfair
Baltimore Sun
By Robert A. Manekin The 15-year real estate tax abatement for the Superblock in West Baltimore raises important policy issues that need to be addressed. Specifically, should the city — and in certain cases, the state — grant economic incentives for …

deals – Google News

Tags: 2012, Asia, CPPIB, Deals, Europe, Eyes, gains, Posts, Reuters

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May 17 2012

Remember theGlobe.com? Tech IPOs have a dismal track record – CNNMoney

Category: Tech — Hot Tech Blog @ 12:28 pm

ABC News

Remember theGlobe.com? Tech IPOs have a dismal track record
CNNMoney
By David Goldman @CNNMoneyTech May 17, 2012: 1:14 PM ET NEW YORK (CNNMoney) — There are plenty of reasons to "like" Facebook, but Internet IPOs are better known for their epic flops than wild successes. Of the 31 Internet IPOs held since the beginning …
Facebook Prompts Look at Tech IPOs of PastNewsFactor Network
Facebook: Past Tech IPOs Show There are No GuaranteesABC News
Facebook frenzy zaps Apple as tech darlingNew York Post
Mashable -Investorplace.com
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tech – Google News

Tech Bubble Death Watch: The Facebook IPO
Huffington Post
Which brings us to Facebook's IPO, and to The Huffington Post's latest Pulitzer-eligible feature, the Tech Bubble Death Watch. As you have perhaps heard by now, the social network is about to dump a truckload of shares on the public, in an offering …

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tech – Google News