Tidbit of the day: In the first half of this year only 14 IPOs made it to market, raising $2.4 billion, according to Renaissance Capital, an IPO research firm. That’s down from 35 offerings and the $26.8 billion raised in the first half of 2008. (CFO)
Headlines
-WSJ: EMC Nabs Intel Talent; Race Looms For CEO Spot
-WSJ: Intel Elevates Three Executives
-NY Times: Ad Shift Throws Blogs a Business Lifeline
-NY Times: Where Google Is Really Big: India and China
-BusinessWeek: Investors Warm to Web Calling
-Forbes: Global Politics Meets The Data Center
-SF Chronicle: Motorola puts Google Android OS to good use with new Cliq phone
-InformationWeek: IBM Launches Cognos For SMBs
-eWeek: HP Still Tops PC List, but Acer Is the Big Climber
-Computerworld: Google move may mark new front in browser war
-c/net: GE boosts offshore wind with acquisition
EMC Nabs Intel Talent; Race Looms For CEO Spot
Wall Street Journal
By William M. Bulkeley
September 14, 2009
EMC Corp. is poaching a top executive from Intel Corp. as the computer-storage giant reorganizes its executive suite, likely setting up an internal battle to succeed Chief Executive Joseph Tucci.
Intel Elevates Three Executives
Wall Street Journal
By Don Clark
September 14, 2009
Intel Corp. announced a management shakeup that shifts greater power to three executive vice presidents, while two other well-known managers are leaving the big chip maker. The company said the moves will allow Paul Otellini, Intel’s chief executive officer, to spend greater time focusing on corporate strategy and new initiatives to spur growth for Intel.
Ad Shift Throws Blogs a Business Lifeline
New York Times
By Claire Cain Miller
September 13, 2009
Lisa Sugar began blogging about celebrity gossip in her spare time four years ago. Now she and her husband, Brian, have a little media empire called, sensibly enough, Sugar Inc., with 12 blogs, 11 million readers a month and advertisers like Chanel and Sony.
Where Google Is Really Big: India and China
New York Times
By Miguel Helft
September 14, 2009
Google’s dominance of the Internet in the United States is hard to overstate. The company accounts for two-thirds of all Web searches, it owns YouTube, which is 10 times more popular than its nearest competitor, and it is No. 1 in areas like maps and blogging. Overall, U.S. Internet users spend 9 percent of their time online on some Google service, according to comScore.
Investors Warm to Web Calling
BusinessWeek
By Olga Kharif
September 13, 2009
For many consumers, the appeal of low-cost Web-based calling has long been clear. But many investors have kept their distance from companies specializing in Internet telephony out of concern the industry would struggle to make money.
Global Politics Meets The Data Center
Forbes
By Ed Sperling
September 14, 2009
The proposed purchase of Chartered Semiconductor, a Singapore-based semiconductor foundry, by a Middle Eastern investment group may sound far removed from the everyday buzz of the data center and the CIO’s world, but reality may prove to be quite different.
Motorola puts Google Android OS to good use with new Cliq phone
San Francisco Chronicle
By Ryan Kim
September 14, 2009
In Google’s Android operating system, Motorola has found a technology that it hopes will resurrect its fortunes. Last week, it unveiled its first Android phone, the Cliq, and a new interface service called MotoBlur that will ride atop many of the dozens of Android phones coming from Motorola.
IBM Launches Cognos For SMBs
InformationWeek
By Paul McDougall
September 14, 2009
IBM on Monday introduced a slimmed down version of its Cognos business analytics software that’s targeted toward medium-sized companies. Big Blue described Cognos Express, as the offering is called, as “an all-in-one business intelligence and planning solution specifically designed for midsized clients.”
HP Still Tops PC List, but Acer Is the Big Climber
eWeek
By Michelle Maisto
September 14, 2009
The PC market, while not yet in full recovery mode, took “one small step away from the abyss” in the second quarter of 2009, according to a Sept. 11 report from market researcf firm iSuppli.
Google move may mark new front in browser war
Computerworld
By Gregg Keizer
September 14, 2009
Sony Corp.’s recent agreement to pre-install Google Inc.’s Chrome on its Vaio line of PCs could mark the start of a renewed push by the search leader to boost its browser business. The move comes about a year after Google debuted the Chrome browser to great fanfare but then failed to meet the initial expectations of analysts.
GE boosts offshore wind with acquisition
c/net
By Martin LaMonica
September 14, 2009
General Electric filled out its offshore wind turbine portfolio by buying ScanWind, which makes direct-drive turbine components. GE on Monday said that it has completed the acquisition, which was valued at a about $18.5 million. ScanWind, which is headquartered in Trondheim, Norway and has a design center in Karlstad, Sweden, is now testing 11 turbines off the Norwegian coast.
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