Amit Chowdhry | October 28, 2011 | 507 views | Add a Comment
Categorized under Google, Google TV, Mario Queiroz, Vincent Dureau
Amit Chowdhry | October 27, 2011 | 396 views | Add a Comment
Categorized under Facebook, Tom Furlong

Facebook is preparing to build a farm facility in Luleå, northern Sweden. This is the first time that Facebook is building a server farm outside of the U.S. “The climate will allow them to just use only air for cooling the servers,” stated Aurorum Science Park CEO Mats Engman. Aurorum is on a mission to convince other large computing companies. “If you take the statistics, the temperature has not been above 30C [86F] for more than 24 hours since 1961. If you take the average temperature, it’s around 2C [35.6F].”

Amit Chowdhry | October 27, 2011 | 371 views | Add a Comment
Categorized under Andreessen Horowitz, Ben Horowitz, Marc Andreessen

Andreessen Horowitz is preparing to raise $900 million for their newest fund, known as Fund III. The company’s first fund was worth about $300 million. The company used that funding to put money into Skype and Fusion.io. In late 2010, Andreessen Horowitz raised $650 million for Fund II. They used this fund to invest in Airbnb, Twitter, Facebook, and Zynga. Now the company is preparing to raise $900 million, which means that the company will have $2.15 billion in assets to distribute to companies. Andreesen Horowitz has invested in about 70 companies. The new fund will be used to make investments from between $10,000 to $100 million. [Uncrunched]
Amit Chowdhry | October 27, 2011 | 400 views | Add a Comment
Categorized under Eric Mitchell, Research In Motion, RIM

Consumers in the United States and Canada are suing Research In Motion Limited (TSE:RIM) because of the service outage on BlackBerry devices. Millions of people had their e-mail, instant messaging, and browsing capabilities cut off for several days. RIM’s co-CEOs apologized to their users for the four-day outage. The lawsuit was filed on Wednesday in federal court in Santa Ana, California.

Amit Chowdhry | October 27, 2011 | 584 views | 1 Comment
Categorized under Apple Inc., Jon Callas, Steve Jobs

[image credit: Lode Vermeiren]
Jon Callas, CTO of Entrust, worked in senior security at Apple in the past. Callas knew the reason how Steve Jobs was able to get around the system of not having a license plate. Steve Jobs liked to “think different,” which is why he did not want a license plate. Jobs discovered a loophole in the California vehicle laws. Anyone with a brand new car had a maximum of six months to affix an issued number plate to a vehicle. Jobs made an arrangement with the Mercedes leasing company so that he could always change cars during the 6th month of the lease. He exchanged one silver Mercedes SL55 AMG for another identical one. This means that he did not have a legal requirement to get a license plate. [iTWire]
Amit Chowdhry | October 27, 2011 | 694 views | 3 Comments
Categorized under Cameron Winklevoss, Facebook, Paul Ceglia, Tyler Winklevoss

Paul Ceglia is best known for filing a lawsuit against Facebook and Mark Zuckerberg. Ceglia said he had a document that shows that Zuckerberg promised him equity in Facebook that would be worth over half of the company. Interestingly Paul Ceglia has decided to contact the Winklevoss twins via Twitter.

Amit Chowdhry | October 27, 2011 | 445 views | Add a Comment
Categorized under David Jones, Microsoft Corporation

Microsoft Corporation (NASDAQ:MSFT) has released a video of how technology is expected to evolve in 5-10 years based on trends that researchers and engineers are seeing. This is a follow-up to a video that Microsoft released in 2008 called “Microsoft 2019.” When the video opens, a woman walks out of an airport and she is wearing special eyeglasses that translates audio into English in real-time. A thin screen on a car then highlights a passing building to show where her meeting will be the next day. The bellhop at the hotel is informed when the guest will arrive and what her preferences are.

Amit Chowdhry | October 27, 2011 | 427 views | Add a Comment
Categorized under Daily Deals, Google, ITA Software, Zagat

Google Inc. (NASDAQ:GOOG) has acquired 57 companies through September according to an SEC filing from the company. Not bad considering that Google acquired 48 companies in 2010. In three deals alone, Google spent $941 million reports the 10-Q statement. The $941 million was spent on $$676 million for ITA Software, $151 million for Zagat, and $114 million for Daily Deals. Google also bid $12.5 billion for Motorola Mobility, but that deal is not expected to close until 2012 due to regulatory reasons. [eWeek]