THE BUSINESS OF TECHNOLOGY
It's no longer just Sony, your LinkedIn account, or Yahoo email address that needs to be concerned about cyber crime. After announcing that certain attacks on US banks and Middle Eastern oil companies were perpetuated by a nation state, US Defense Secretary Leon Panetta warned of the possibility of a “cyber-Pearl Harbor that would cause physical … [Read more...]
At the ad conference IAB MIXX this week, Facebook laid out its argument to advertisers, based on a recent study it conducted with Datalogix: Clicks are meaningless. The value of online advertising comes from the impression a brand makes, not whether somebody chose to interact with it online. The social network compared Internet ads to television … [Read more...]
by MATT GALLAGHER, Red Herring California became the third state to legalize self driving cars, thanks to a special visit to Google's Mountainview headquarters by Governor Jerry Brown, who signed the legislation after taking a “test drive” in a Google driverless vehicle, according to Tecca. Though Google has had robot cars on California roads … [Read more...]
In the wake of failed anti-piracy bills, a number of competing tech titans including Facebook, Google, Amazon and Yahoo have teamed up to buy their own lobbying group to ensure that geeks have a voice in the next efforts to legislate the Internet, according to a recent report from the Washington Post. The Internet Association will be headed by … [Read more...]
The Red Herring editorial team selected the 2012 Top 100 Asia. They are the most innovative and promising companies from a pool of hundreds from across Asia. The Top 100 Winners are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, IP creation, CAGR, execution of … [Read more...]
The list is up. Come visit us in Hong Kong on September 10-12 and enjoy presentations from the 2012 Top 100 Asia contenders. … [Read more...]
Like the nose of the Titanic slowly sinking into the ocean, HP's descent has become epic. The company reported an $8.9 billion loss for the third fiscal quarter that ended at the close of July, weighed down by $8 billion in losses from the colossal weight of its troubled 2008 acquisition of Electronic Data Systems for $13 billion. For comparison, a … [Read more...]
The Red Herring editorial team selected the short list for the 2012 Red Herring 100 Asia Award. They are the most innovative and promising companies from a pool of hundreds from across Asia. The Finalists are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, IP … [Read more...]
Pure Storage, the flash enterprise storage company, raised another $40 million in funding, its second cash infusion despite only launching out of stealth mode a year ago. Index Ventures’ Mike Volpi led the round, with participation from existing investors Greylock Partners, Redpoint Ventures and Sutter Hill Ventures. The new funding brings the … [Read more...]
Salesforce finalized its $689 million acquisition of Buddy Media, paying $475 million in cash and 1.4 million common stock shares, according to an SEC filing. The deal is the largest contract in the history of the mega-cloud software provider's history. Founded in 2007, Buddy Media has been connecting brands to their consumers and fans in a … [Read more...]