Category Archives: Finance

Finance

Federal Reserve Ignores California Concerns, Approves Capital One-ING Direct Merger

By razavi | February 15, 2012
'Fed Image" "american bankers" "Federal Reserve Image"

The Federal Reserve missed an important opportunity to impose meaningful requirements on this merger that would benefit California and other communities across the country.

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Finance

Oracle Buys Taleo for $1.9 Billion

By razavi | February 9, 2012
oracle taleo.jpg

Adds Leading Talent Management Cloud Offering to the Oracle Public Cloud

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Finance

UpTech Business Accelerator Opens Application Process

By andyjones | February 3, 2012
UpTech Business Accelerator Opens Application Process

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.

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Finance

Web App Management Provider New Relic Receives $15 Million in Funding to Drive Company’s Rapid Growth

By admin | November 16, 2011

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.

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Finance

CSC (Computer Sciences Corp) Accounting Fraud Extends to Australia

By admin | November 13, 2011
csc

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.

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Finance

Microsoft Reports Record Q1 Earnings of $17.37 Billion

By jason | October 21, 2011
microsoft

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 [...]

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Finance

Cloud Computing Medical Software Company Kareo Attracts $10 Million

By admin | October 6, 2011
kareo

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 [...]

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Announcements, Social Networks

LinkedIn Reports Q2 Earnings: Revenue Increased by 120%

By greg | August 5, 2011

On Thursday, professional networking site LinkedIn held a second quarter 2011 earnings call revealing that the company earned $121 million in revenue this quarter, a 120% increase compared to the same period last year when LinkedIn revenue was $54.9 million. The company has surpassed analysts’ estimates when it comes to net income, earning $4.5 million [...]

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Announcements, Technology

Google Beats Estimated Earnings for Q2; Google+ Hits 10 Million Users

By marijana | July 15, 2011

On Thursday Google held the second quarter 2011 earnings conference call revealing that the company has surpassed Wall Street forecasts and reached a new record for quarterly revenue. The search giant earned $9.3 billion for the second quarter, up by 32% from the same period last year. Operating income was 32% of the revenues or [...]

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News, Retail

California Amazon Associates Are Now Terminated

By | June 29, 2011

This is a follow up post on Amazon terminating its associate members in California. The following is the text of letter to Amazon Associates informing them of the termination and encouraging them to move to another state: Unfortunately, Governor Brown has signed into law the bill that we emailed you about earlier today. As a result of [...]

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Advertising, Announcements, ecommerce, News, Retail, Selling

No Tax For Amazon, Associate Members to be Terminated

By | June 29, 2011

Amazon has notified its Associate Members in California that it will be terminating its Associate program. This is in response to the State legislatures passing a bill requiring Amazon to collect sales tax. The following is the text of the notice by Amazon to its affiliates in California: For well over a decade, the Amazon [...]

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Technology

Google Launches Financial Advice Tool

By marijana | May 23, 2011

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 [...]

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Articles, Legal & Taxes, Management

How to Register Your Business

By emma | May 21, 2010

Registering a business is a step one when starting a new business. It is necessary for legal business operations. Registering a company involves filing paperwork with the government to obtain certificates, licenses and permits for work. Business registration encompasses everything from obtaining a tax ID and naming your business to applying for local business licenses. Business [...]

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