
Adds Leading Talent Management Cloud Offering to the Oracle Public Cloud

In addition to 100k in funding, support and office space, the UpTech winners will also receive support from faculty, staff and graduate assistants and two student interns per company fromNorthern Kentucky University’s College of Informatics along with on-campus informatics labs and facilities for collaboration, events, and seminars.
Cloud APM provider New Relic continues its growth path with the closing of a $15 million round of funding led by DAG Ventures and Four Rivers Group. Benchmark Capital, Allen & Co., Tenaya Capital, and Trinity Ventures, the company’s existing investors, also took part. In October 2010, New Relic received $10 million in venture capital from its investors, and this latest round brings its total funding to $35 million.

In February, the U.S. Securities and Exchange Commission launched a fraud investigation into CSC’s accounting practices in Denmark. Then, in October, CSC chairman and CEO Mike Laphen announced that he would be resigning from his position within a year. And now, SEC investigators have indicated that they are extending their fraud investigation into CSC’s Australian business.

Microsoft has reported record fiscal first-quarter revenues of $17.37 billion, a 7% increase over the same quarter the previous year. The company’s operating income for the quarter was $7.20 billion and diluted earnings per share were $0.68, representing a 10% jump compared with the previous year period. Microsoft surpassed the analysts’ revenue forecasts which were at [...]

Kareo, Inc., the provider of cloud computing based practice management and medical billing software for physicians in the United States, announced today the closing of a $10 million equity investment led by Greenspring Associates with participation from OpenView Venture Partners, Western Technology Investment (WTI) and angel investor Travis Kalanick. Kareo will use the new capital [...]
Google Advisor Last week, Google launched Google Advisor, a financial advice tool which enables users to locate and compare various financial products from multiple providers, including mortgages, credit cards, CDs, checking, and savings accounts. Google explained in a blog post that users will be able to enter the information about what they are looking for [...]
Federal Reserve Ignores California Concerns, Approves Capital One-ING Direct Merger
The Federal Reserve missed an important opportunity to impose meaningful requirements on this merger that would benefit California and other communities across the country.