Pandora, which lets users create their own web personalized “stations” and then makes recommendations based on users’ tastes, traded on the stock market today for the first time. With an IPO price of $16 a share and a $2.6 Billion valuation, Pandora’s stock opened today at $20 and then immediately soared to $26, an increase…
We’ll be attending tonight’s SF New Tech Show: The Grand Cru, the Best of the French Tech Tour! We’ll be attending tonight’s SF New Tech Show: The Grand Cru, the Best of the French Tech Tour! With Appoke, NTX Research, BkRender, Ateme, Pole Star, RunMyProcess, and more! Join us and watch the show live here…
Square’s new payment application recently registered 1 million card reader transactions, 500,000 mobile payments and $3 million daily payment processing last May. Jack Dorsey, CEO announced that more is coming up with the new generation of Square. Square Register is next in line, a key sales application that is seen to replace the old cash…
Eight Dutch companies were invited by the Dutch government at this year’s Cloud Expo in New York to showcase their software and services at the Holland Pavilion on the show floor. CloudTimes is a media sponsor of Cloud Expo. Many Dutch companies have developed high-end services and proprietary software ready for the transatlantic market. These…
KT the second largest South Korean mobile operator is entering into a $65 million cloud joint venture with Softbank Corporation. This new cloud venture set to kick off in September will focus on disaster recovery and provide data center and cloud services to Japanese companies. The ownership of this venture will be distributed into 51%…
In part 1 of this article we initiated a comparison of the services provided by Amazon AWS and Microsoft Azure. We talked about a bit of the history of the two platforms and found certain pros and cons of each of them. Further in this part 2 of the series, we’d focus on certain tangible…
Mobile cloud computing is gaining stream. According to the latest study from Juniper Research, the number of mobile cloud computing subscribers is expected to grow rapidly in the next five years. Cloud-based mobile market will generate annual revenue of $9.5 billion in 2014 from $400 million in 2009, at an average annual increase of 88%….
Intel Corporation’s venture capital arm, Intel Capital, announced recently their new ventures in 4 new companies whose focal point is cloud computing and more advanced mobile phone technology. This new undertaking will entail an additional investment of $24.5 million from the company bringing their total investments for the last 20 years up to $10 billion…
Cloud computing started as a quaint technology and has now become a major catchphrase in just five years. It single-handedly invented the concept of on-demand, programmable infrastructure that could be accessed over the Internet. Cloud computing has become a reality when Amazon began offering its Simple Storage Service in 2006, followed by its Elastic Compute…
30 Startup companies from around the world to publicly launch with presentations to Silicon Valley’s Most Influential VC and Angel Investors The Silicon Valley Association of Startup Entrepreneurs (SVASE) today announced the companies invited to launch their companies and new products at Launch: Silicon Valley 2011. The event, to be held June 7 beginning at…