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- Entellium's lost millions
- Larry Dignan outlines the main points of the Entellium fraud. Regardless of the final outcome, there are three glaring questions: How did the CFO and CEO overstate revenues across THREE financial years by a factor of four to five times without someone noticing the obvious problem of...
- Tags: Entellium, Board, Compliance, Corporate Governance, Financial Accounting, Business Operations, Corporate Law, Finance, Dennis Howlett
- Blog posts 2008-10-10
- Wall Street: MSFT should buy Yahoo, consider RIM
- A Wall Street investor has suggested that the stars may be aligned just right for Microsoft to make another run at Yahoo, this time for $22 per share. Investment fund Mithras Capital, which owns more than 1.9 million shares, or 0.14 percent, of Yahoo, said Microsoft has a window of...
- Tags: Research In Motion Ltd., Yahoo! Inc., Microsoft Corp., MSFT, Financial Accounting, Search, Advertising & Promotion, Handhelds, Finance, Marketing, Hardware, Sam Diaz
- Blog posts 2008-10-10
- Forrester: Credit crunch may freeze tech services projects
- Forrester Research in a report is confirming that the credit crunch is beginning to hit technology services firms. The extent of the damage is unclear, but IBM's lower-than-expected third quarter revenue its earnings are stronger than expected may indicate something worse is afoot. Forrester's...
- Tags: Service Provider, IBM Corp., Forrester Research Inc., Business Services, Financial Accounting, Finance, Larry Dignan
- Blog posts 2008-10-10
- Virtualization 2.0 panel recording from NGDC is available
- Back in August, I had the opportunity to moderate a panel at the Next Generation Data Center Conference, entitled "Virtualization 2.0".The panel included Albert Lee, Chief Strategy Officer and Board Director of xkoto, Greg O'Connor, CEO of Trigence, Jonah Paransky, Marketing VP of StackSafe and Lawrence Stein, Engineering VP of...
- Tags: Panel, StackSafe, Virtualization, Cloud Computing, Storage Management, Utility Computing, Corporate Governance, Hardware, Storage, Business Operations, Corporate Law, Dan Kusnetzky
- Blog posts 2008-10-10
- IBM considering financing IT project partners because of banking crisis
- I recently ran into Drew Clark, head of IBM's Venture Capital Group, based in Menlo Park, California. I asked him about the financial crisis and what IBM could do in response. "We would never make an equity investment but we are looking at financial help in projects where we partner...
- Tags: Financial, Information Technology, Banking, Financing, IBM Corp., Financial Accounting, Investment, Strategy, Finance, Management, Tom Foremski
- Blog posts 2008-10-09
- Entellium executives arrested by FBI for making up revenue figures
- Software as a service company Entellium's future is uncertain after its CEO and CFO were arrested by the FBI for inflating sales to land venture capital. The U.S. Department of Justice said in a press release that CEO Paul Thomas Johnson, 40, and Parrish Jones, 39, were...
- Tags: Revenue, Entellium, FBI, Revenue Figure, Federal Government, Operational Accounting, Corporate Governance, Government, Finance, Business Operations, Corporate Law, Larry Dignan
- Blog posts 2008-10-09
- Start-up looks to extend battery life
- Intel-backed ZPower's silver-zinc battery is set to make its debut with a large laptop manufacturer next year, promising batteries that are 95 percent recyclable and 40 percent longer life. Intel-backed start-up ZPower may be the first to introduce an alternative to the ubiquitous lithium-ion laptop...
- Tags: Battery, Intel-backed ZPower, Mercury, Battery Life, Engineering, Matthew Broersma ZDNet.co.uk, batteries, laptops, ZPower, silver-zinc battery
- News items 2008-10-09
- IBM: Beats earnings target but...
- IBM said that it will beat Wall Street's earnings estimates for the third quarter, but there were enough nuggets disclosed to raise a few eyebrows. First, the headlines. IBM statement said it would report earnings of $2.05 a share, a good 3 cents better than estimates. Revenue,...
- Tags: Revenue, Earnings, IBM Corp., Thomas Weisel, Operational Accounting, Finance, Larry Dignan
- Blog posts 2008-10-09
- Credit-Aid PRO Credit Repair Software (zip)
- Professional credit repair software for mortgage brokers and credit repair business: fix bad credit reports. Boost your FICO score, generate credit dispute letters, order free credit reports, remove errors and negotiate with creditors, and get the best loan, mortgage, refinance or credit card rate possible. Includes organization and planning tools....
- Tags: Software, Credit Doctor Software, Mortgages, Tools & Techniques, Sales Channel, Productivity, Financial Services, Finance, Capital Structures, Management, Sales
- Software downloads 2008-10-09
- Data Doctor Financial Accounting Software (Standard Edition) (exe)
- Business financial accounting and billing software maintains financial operations and transaction records in an efficient manner. Software centralized the task of creating or modifying reports, tracking inventory details, creating invoice, and purchase order statements. Business and corporate users can access all accounting information in less time and efforts to manage...
- Tags: Software, Accounting, Billing, Financial, Data Recovery Services, Bookkeeping Software, Financial Accounting, Operational Accounting, Tools & Techniques, Financial Services, Finance, Management
- Software downloads 2008-10-09
- IBM reports early. Profits up 20 percent, full year estimates reaffirmed.
- IBM, surprising Wall Street today with an early release of its quarterly earnings, reported a 20 percent in net income and EPS of $2.05. The company also reaffirmed its forecast of at least $8.75 for the year, a 22 percent increase from a year ago. Samuel J. Palmisano, IBM chairman,...
- Tags: IBM Corp., Operational Accounting, Financial Accounting, Financial Services, Finance, Sam Diaz
- Blog posts 2008-10-08
- Microsoft shows interest in WaMu bankruptcy over software agreements
- When Microsoft filed a "notice of appearance" in the Washington Mutual bankruptcy proceedings - which is basically a request to be kept updated on developments of the case - and then initially declined to comment about its interest in the case, the speculation began. (Silicon Alley Insider wondered if Microsoft...
- Tags: Software, Washington Mutual Inc., Enterprise Software, Agreement, Microsoft Corp., Bankruptcy, Times, Litigation, Business Operations, Sam Diaz
- Blog posts 2008-10-08
- Oracle + Primavera
- Where are the lucky couple registered? Yesterday, Oracle announced that it would be purchasing Primavera. Details of the transaction have not been made public. Already we see that Oracle has stated that Primavera management and employees will become part of a global business...
- Tags: Oracle Corp., Professional Services, Primavera, Project Management, It Operations, It service Management, Brian Sommer
- Blog posts 2008-10-08
- Symantec Goes Into The Cloud With Email Filtering
- Symantec today announced its acquisition of MessageLabs, a 520-person UK-based email filtering and security vendor. Given the cost and hassles that information & knowledge management professionls IKM Pros have keeping email spam down to a dull roar and keeping viruses outside the firewall, this is a great move for Symantec....
- Tags: Symantec Corp., MessageLabs Ltd., E-mail, Online Communications, Ted Schadler
- Blog posts 2008-10-08
- Mail Goggles: an idea that goes well beyond drunk emails
- There's a new GMail Labs app: Mail Goggles, by GMail engineer Jon Perlow: When you enable Mail Goggles, it will check that you're really sure you want to send that late night Friday email. And what better way to check...
- Tags: Google Gmail, Jon, E-mail Providers, E-mail, Cloud Computing, Internet, Online Communications, Denise Howell
- Blog posts 2008-10-08
- Changing open source terms bad move in a recession
- Changing open source terms bad move in a recessionOpen Source flawed modelIf a car manufacture engineers a car, it does not release its blue-prints for free. If an architect designs a house he or she does not release his plans for free. The equivalent of an engineering blue...
- Tags: open source, car, recession
- Discussion threads 2008-10-08
- Do we we have a way to defeat global warming?
- Is the recession the ultimate way to fight global warming? That's the suggestrion from one market commentator. Less spending=less greenhouse gas, he says. The outlook from international finance organizations is decidely gloomy. It follows that if spending's down, industrial output from China and elsewhere will...
- Tags: Capitalist, Stock, Global Warming, Fossil Fuel, Oil-rich Russia, Investment, Finance, Harry Fuller
- Blog posts 2008-10-08
- Smart grid tech player Silver Spring receives a cool $75M
- Despite the ongoing financial meltdown, people still are throwing money around for greentech/cleantech companies. For now, at least. Silver Spring Networks, which develops Smart Grid technology, said it has received an additional $75 million in funding intended for global expansion. The investment round was led by Kleiner...
- Tags: Financial, Venture Capital, Financial Accounting, Investment, Telecom & Utilities, Finance, Financing Startups, Heather Clancy
- Blog posts 2008-10-08
- Yahoo-AOL: An integration nightmare on deck
- The Yahoo and AOL merger talks are proceeding at pace and now the bigwigs are conducting due diligence. In other words, a deal is quite possible, but the integration work is going to be ugly. Boomtown's Kara Swisher reports: Now, sources tell me, the circle of...
- Tags: America Online Inc., Yahoo! Inc., Boomtown, Mergers & Acquisitions, Investment, Finance, Larry Dignan
- Blog posts 2008-10-08
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We need to get back to freethinking and innovation that is core to our roots. Companies like Intel were founded on thoughts like the famous quote from Robert Noyce - "Don't be encumbered by the past, go out and do something wonderful."
