Amit Chowdhry | February 15, 2011 | 595 views | 1 Comment
Categorized under Hewlett Packard, HP, Vertica

Hewlett-Packard Company (NYSE:HPQ) has signed a deal to acquire real-time analytics company Vertica. Vertica will enhance HP’s information optimization capabilities. HP expects the acquisition to close in the second quarter of 2011. Going forward, Vertica’s products will be available through HP sales and service channels. [CTOEdge]
Amit Chowdhry | February 15, 2011 | 484 views | Add a Comment
Categorized under Greg McAdoo, Greplin, Peter Chane, Sequoia Capital

Greplin is a search start-up company that has raised $4 million from Sequoia Capital. Sequoia partner Greg McAdoo has joined the Greplin board of directors. Peter Chane of Google also participated in this round of funding. Greplin indexes and lets you search social content through Gmail, Twitter, and Facebook. [TechCrunch]
Amit Chowdhry | February 15, 2011 | 558 views | 1 Comment
Categorized under CityVille, Farmville, Zynga

Social gaming company Zynga is having discussions with investors about raising around $250 million in funding. This would give Zynga between a $7 and $9 billion valuation. This past April, Zynga issued stock that valued them at $4 billion. Zynga is best known for making games like FarmVille and CityVille and selling virtual goods around them. Zynga has a total of 275 million active monthly users. The company made about $400 million in profit last year on $850 million in revenue. [WSJ]
Amit Chowdhry | February 14, 2011 | 547 views | 1 Comment
Categorized under Anthony Carleo, Bellagio

Anthony Carleo stole a lot of casino chips from the Bellagio in Las Vegas, Nevada. The 29 year old suspect stole about $1.5 million dollars worth of chips, but the value ended up getting reset to zero because there was RFID tags embedded in them.

Amit Chowdhry | February 14, 2011 | 772 views | 1 Comment
Categorized under NCAA, Pac-12, The World Intellectual Property Organization

The National Collegiate Athletic Association (NCAA) athletic conference Pac-10 is going to be named the Pac-12 after adding Colorado and Utah. Since the conference is being renamed, they wanted to buy the domain name Pac12.com. However Pac12.com is a website owned by a 2Pac fan. The Pac-12 is now filing a claim with the World Intellectual Property Organization to take the domain name by force. [BusinessInsider]
Amit Chowdhry | February 14, 2011 | 1,239 views | 1 Comment
Categorized under Samsung Electronics Inc., Samsung GALAXY S II

Samsung Electronics has officially announced the GALAXY S II smartphone. The GALAXY S II has a 4.27-inch 800×480 Super AMOLED Plus display, 8 megapixel rear camera, 1080p video capture, 2 megapixel front camera, Android Gingerbread operating system with TouchWiz 4.0, NFC support, and is 8.49mm thick. The GALAXY S II smartphone has a dual-core 1GHz Samsung chip and there is 1GB of RAM. Below is the full press release:

Amit Chowdhry | February 14, 2011 | 956 views | 1 Comment
Categorized under Google, Microsoft Corporation, Microsoft Windows Phone 7, Nokia Corporation, Stephen Elop

Earlier this month Microsoft Corporation (NASDAQ:MSFT) signed a deal with Nokia to have their smartphones powered by Windows Phone 7. What you may have not known is that Microsoft is paying billions of dollars to make the deal happen and there was a bidding war with Google Inc. (NASDAQ:GOOG). Nokia CEO Stephen Elop did not mention the financial value of the deal initially. Elop said that Microsoft’s payments were recognition that Nokia had “substantial value to contribute.” Nokia’s market share in the smart phone market was just over about 30% in the fourth quarter of last year. Stephen Elop is a former executive at Microsoft. He said he was not a “Trojan horse” at Nokia, meaning giving his former employer a leg up in the deal. [TechSpot]
Amit Chowdhry | February 14, 2011 | 518 views | Add a Comment
Categorized under FTD Group Inc., Groupon

Groupon.com and FTD Group Inc. are offering refunds after receiving complaints. The coupon from Groupon was $20 off a flower purchase of $40 or more. When some Groupon customers found the flowers they bought were priced lower as sales items on FTD’s own website, they complained. The customers believed that FTD was making up for the Groupon discount by increasing prices. FTD Group President Rob Apatoff said that this was not true. The coupon did not apply to sale items. [Huffington Post]