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Dell + EMC: History Is Made
September 5, 2016
I've been involved in mergers and acquisitions for decades, and I used to run an acquisition cleanup team while at IBM. I've seen so many bad acquisitions that it is generally far easier to point out the good ones. What is somewhat ironic, given my background, is that the best largely have been executed by Dell, using a process initially developed by IBM.
Nvidia, Baidu Team on Cloud-to-Car AI Platform
September 1, 2016
Nvidia and Baidu have agreed to collaborate on the incorporation of artificial intelligence in a cloud-to-car autonomous vehicle platform, Nvidia CEO Jen-Hsun Huang said Wednesday. The companies plan to integrate Baidu's cloud platform and mapping technology with Nvidia's self-driving computing platform. They also will work together to create solutions for high-definition maps.
Europe Duns Apple for $14.5B in Illegal Tax Breaks
August 31, 2016
The European Union on Tuesday nailed Apple with a $14.5 billion bill for back taxes. "The European Commission has today has adopted a decision that Apple's tax benefits in Ireland are illegal," said EC Competition Chief Margrethe Vestager. Tax breaks Ireland granted to Apple for more than two decades artificially reduced Apple's tax burden, in breach of European Union rules, she explained.
HPE, HP Sued for Elbowing Out Older Employees
August 30, 2016
HPE and HP are facing a potential class action lawsuit brought earlier this month by four former employees. The companies engaged in widespread age discrimination during a restructuring of the legacy computer and printer manufacturer, according to their complaint. HP from 2012 to 2015 made a series of discriminatory job cuts involving tens of thousands of workers, the suit alleges.
Dark Days Ahead for Companies That Fail Customers
August 29, 2016
It's 2016, and there are more ways to connect than ever before. You would think customer service and customer care would be at an all-time high. Why, then, do so many customers feel they are at an all-time low? Customers are frustrated. Companies are using social networks to provide customer service, but they are failing. Companies don't seem able to put the pieces together.
Kobe Bryant Pours Energy - and Money - Into Tech
August 24, 2016
Kobe Bryant, the retired Los Angeles Lakers basketball champion, has expanded his burgeoning suite of business interests with Monday's launch of Bryant Stibel, a $100 million venture capital fund for technology, data and media companies. Jeff Stibel, the vice chairman of Dun & Bradstreet, is Bryant's long-time business partner. Bryant and Stibel plan to self-fund the new firm for several years.
Apple Buys Healthcare 'Magic Machine'
August 24, 2016
Apple has purchased medical records startup Gliimpse in order to broaden its presence in the personal healthcare information management market. Apple reportedly confirmed that the purchase took place earlier this year. Apple in recent years has delved into healthcare with offerings such as HealthKit, CareKit and ResearchKit. The Gliimpse acquisition is seen as an extension of those efforts.
Lights Out for Gawker.com
August 19, 2016
Gawker Media owner Nick Denton has revealed that Gizmodo, Lifehacker, Kotaku, Jalopnik, Jezebel and Deadspin will continue with their current writers and other staff members following the company's sale to Univision, but that neither he nor Gawker.com will be included in the transition. The Gawker sites will be joining The Onion, ClickHole and other Web properties in Fusion Media Group.
Cisco Delivers Good News, Bad News: Solid Earnings, Job Cuts
August 18, 2016
Cisco Systems will cut up to 5,500 employees from its 73,000-strong global workforce, the company announced Wednesday as part of its Q4 earnings report. The restructuring will allow further investment in key priority areas such as security, the Internet of Things, collaboration, next-generation data center and cloud, the company said, along with optimization of costs in lower-growth areas.
Salesforce Reels BeyondCore Into Its Cloud
August 17, 2016
Salesforce has inked an agreement to acquire BeyondCore, a data analytics firm that already has integrated its latest release with Salesforce, the companies said Monday. BeyondCore will become part of the Salesforce Analytics Cloud, extending smart data discovery and advanced analytics capabilities across the entire Salesforce Customer Success Platform, said BeyondCore CEO Arijit Sengupta.
Intel Snaps Up Nervana to Jump-Start AI
August 16, 2016
Intel last week announced the acquisition of startup Nervana, in a bid to enhance the company's capabilities in artificial intelligence and deep learning. Nervana jumped out of the gate at its 2014 launch with a robust platform for deep learning, a framework called "Nervana Neon," and the Nervana Engine -- a groundbreaking ASIC chip scheduled for introduction by the first quarter of 2017.
Microsoft to Add Beam's Live-Streaming Skills to Xbox
August 16, 2016
Microsoft last week announced a deal to acquire live-streaming startup Beam. It plans to use Beam's interactive technology to enhance the Xbox Live experience. Beam, which was the winner of Techcrunch Disrupt earlier this year, has attracted a number of top investors, including Techstars, Courtside Ventures and Ore Ventures. The deal is designed to help make Xbox Live more social and fun.
Tim Cook Devotes a Lot of Words to Saying Very Little
August 16, 2016
Tim Cook talked about his five years at the helm of Apple in a wide-ranging interview published Saturday. Apple fans looking for juicy morsels about new products won't find them in the Q & A, however. Among other things, Cook discounted the bleak claims of those analysts who maintain the smartphone market is in decline -- and Apple's fortunes with it.
Huffington Leaves Post to Focus on Health Startup
August 13, 2016
Arianna Huffington on Thursday announced she would leave her position as editor-in-chief of the eponymous publication she cofounded 11 years ago to focus on her latest project -- Thrive Global, a lifestyle, health and wellness site. The reasons for her exit from The Huffington Post may be more complicated than that, however.
Russian Regulators Scoop Apple Into Price-Fixing Probe
August 12, 2016
A Russian regulatory authority earlier this week named Apple, along with more than a dozen Russian retailers, as a target for an investigation into price-fixing activities. The Federal Antimonopoly Service, or FAS, has seen signs of price-setting coordination among iPhone resellers in Russia, according to a notice published on the agency's website.
Is This the Beginning of the End for the Set-Top Box?
August 12, 2016
C Spire started out as a privately owned wireless competitor in Mississippi. Since then, it has expanded in several directions. Its focus last year was on installing high-speed Internet in a few Mississippi cities. Now it is partnering with MobiTV to offer a new television service for the home. The service will not use the set-top boxes common with cable TV.
GV's Bill Maris Passes Torch to Krane
August 11, 2016
GV founder Bill Maris on Wednesday announced that he was departing the company after an eight-year tenure, and that his replacement would be David Krane, a managing partner and one of his chief deputies at the Alphabet-owned venture capital firm. Krane is a 17-year Google veteran. Maris reportedly wanted to spend more time with his wife and 11-month-old son.
Time Warner Cable Really Doesn't Like Me
August 9, 2016
After surviving well over a year as a cord-cutter, I recently returned to the cable fold -- and after less than a month, I'm having major regrets. The problem isn't with the service itself or even with the pricing. The problem is with the lies. I wasn't entirely happy with my cord-cutting solution, but I wasn't eager to go back to a high-priced cable service either.
Walmart Pursues Amazon at Jet Speed
August 8, 2016
Walmart on Monday announced that it plans to acquire Jet.com, paying $3 billion in cash and another $300 million worth of Walmart shares. With the acquisition, "Walmart.com will grow faster, the seamless shopping experience we're pursuing will happen quicker, and w''ll enable the Jet brand to be even more successful in a shorter period of time," McMillion said.
Gawker Founder Sets Personal Bankruptcy Wheels in Motion
August 5, 2016
Gawker founder Nick Denton earlier this week said that he filed for personal bankruptcy protection after exhausting his appeals to stave off collection of damages resulting from a defamation and invasion of privacy lawsuit brought by professional wrestling icon Hulk Hogan. The filing followed a Florida court's rejection of Denton's appeal to block Hogan from collecting a $140 million jury award.
Apple Might Need to Think Different About TV
August 5, 2016
Apple's tough negotiating stance apparently has hobbled its efforts to bring entertainment industry companies on board with its planned streaming TV service. Talks with Disney, 21st Century Fox and CBS reportedly have fallen through. Had the entertainment and cable TV industry given in, Apple's demands would have turned current practices topsy-turvy.
The Maturation of the Cloud ERP Market
August 5, 2016
Oracle's acquisition of NetSuite is a clear indication that the rapid adoption of cloud alternatives to traditional on-premises applications is shifting from front-office customer relationship management to back-office enterprise resource planning solutions. Now, the question will be whether Oracle can buy its way into a leadership position in this emerging marketplace.
Nintendo Investors' Futile Hunt for Pokémon Go Profits
August 4, 2016
Nintendo investors who thought they would score big returns after the successful launch of Pokémon Go found that actual profits were more elusive than the colorful characters. Nintendo last week made it painfully clear that The Pokémon Co. and Niantic were far better positioned than it was to reap financial rewards. Much of that revenue potential lies in a wealth of in-app purchases.
Time Warner Bets Heavily on Hulu
August 4, 2016
Time Warner on Wednesday announced it has entered an agreement to buy a 10 percent stake in online-streaming service Hulu, in a bid to leverage its lineup of television and film content on multiple viewing platforms. With the new investment, Time Warner will join a joint venture that includes some of the nation's largest media companies, including The Walt Disney Co., 21st Century Fox and Comcast.
Uber's China Strategy Shifts Into Reverse
August 3, 2016
Didi Chuxing on Monday announced a historic deal to acquire the Chinese ride-sharing operations of rival Uber, which threw in the towel after years of unsuccessful efforts to grow its business in what may prove to be the world's most challenging technology market. Under the agreement, Didi Chuxing acquired all of Uber China's assets, including its brand, data and business operations.
Salesforce Gets a Grip on Quip
August 2, 2016
Salesforce has agreed to acquire Quip, Quip CEO Bret Taylor and Head of Product Kevin Gibbs announced Monday. Quip lets users manage live documents throughout the collaboration process. The deal is worth about $582 million, according to a Salesforce filing with the U.S. Securities and Exchange Commission. Quip provides a chat feature that's built into every document and spreadsheet.
UK Greenlights Amazon's Drone Delivery Tests
August 2, 2016
Amazon, which has appealed to U.S. regulators for years for permission to test package delivery with aerial drones, last week announced a new partnership with the UK government to launch a pilot program there. A cross-government team, supported by the UK Civil Aviation Authority, has granted Amazon permission to begin testing three critical performance factors.
SolarCity Deal Would Take Tesla Where No Company Has Gone Before
August 1, 2016
Tesla Motors has announced that it has reached an agreement to purchase SolarCity. The deal could create the world's first vertically integrated sustainable energy company. The merger would drive efforts to develop rooftop solar systems, and better storage batteries for homes and businesses, as well as electric vehicles. It would, in essence, tie together Elon Musk's sustainable energy businesses.
Fixing Apple's Problem
August 1, 2016
Apple last week reported earnings, and with the exception of a strong showing from the iPad Pro, the key financial metrics were all down -- and for the third quarter running. So what's wrong with Apple? The company had been growing alarmingly well until last year, but growth suddenly has become elusive. It isn't going out of business, but it also isn't the performance king anymore.
Why 1 Billion iPhones Sold Matters
August 1, 2016
Sales of the iPhone for the current quarter may be down, but sales for the decade are up, way up. Apple last week announced that it had sold its billionth iPhone, a historic feat for a consumer electronics product from a single vendor. "We never set out to make the most, but we've always set out to make the best products that make a difference," said Apple CEO Tim Cook.
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What do you think of politically inspired Internet memes?
They tend to be brutally honest about their targets.
They're usually cheap shots based on lies.
They're often stupid but amusing.
They can have a dangerous influence on uninformed people.
They don't impress me one way or the other.