THE BUSINESS OF TECHNOLOGY
By MATT GALLAGHER, Red Herring journalist As NTP Software’s CEO Bruce Backa is fond of saying: “The business of file data management may not be as sexy as Google or Facebook, but like death and taxes you can’t get away from it.” Luckily now you don’t have to. Thanks to NTP’s Universal File Access, a product the company debuted this week, file … [Read more...]
In a sign that devops, the practice of fast software deployment, is the next big thing, IBM has acquired UrbanCode, a Cleveland software startup that automates the production and delivery of apps. The company’s systems are aligned with IBM’s own SmartCloud and Mobile First initiatives and will reportedly nicely complement IBM’s Worklight mobile … [Read more...]
AccessData, the cyber security and digital forensics company that was one of the first to get in on the data and cyber protection gig way back in 1987, has raised $45 million for its first funding in the legacy company’s 26 year history. The investment includes a $20 million equity trade from Sorenson Capital and $25 million in structured debt … [Read more...]
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...]
by Anam Alpenia, Red Herring The EU Competition Commission has ruled that Microsoft failed to comply with a 2009 ruling mandating it to offer a choice of web browsers, which could mean a hefty fine of up to $7.4 billion, about 10 percent of the computer giant's revenue in 2012, Reuters reported. Following its investigation that began last July, … [Read more...]
GitHub has raised a jaw dropping $100 million from Andreessen Horowitz, the largest investment ever for the Sand Hill firm, according to the Wall St. Journal. The investment reportedly values the company at $750 million. The amount is surprising, but what is more surprising is that the four year old bootstrapped company actually took it. The … [Read more...]
It may have been a subtle switch in wording, but Apple's latest description of its own security features rings in a new age, a day when not even the Mac is safe from botnets and hackers. In the wake of the Flashback botnet specifically targeted at Macs, the company removed its Mac website statement that “It doesn't get PC viruses,” replacing it … [Read more...]
At this week's WWDC event, Apple lived up to its own hype, releasing a slew of announcements and product updates that are sure to shape the very future of tech itself. The company introduced the iOS 6 platform, boosted improvements in its notebook line, its own “Flyover” 3D maps system that replaces Google, and a new Facebook partnership that … [Read more...]
By Matt Gallagher, Red Herring As Stem's bare bones website mysteriously states, “Don't turn off the lights.” Recently launched out of stealth mode and landing a Series A investment of $10.2 million, the company takes a green energy approach to energy savings without asking companies to turn off a single switch or modify what they're doing in … [Read more...]
Sculpteo, the 3D printing service, recently unveiled an app that allows you to design 3D objects, upload the design to the cloud, and then receive a ceramic creation of the design in the mail three days later. The designs are created based on photographs taken by the user. The app essentially allows you to turn your face or someone else's face … [Read more...]