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Earlier today, two men were spotted having coffee in Palo Alto, CA. Except these weren’t just any two men. They were the CEOs of perhaps the two most important and powerful companies in Silicon Valley right now, Apple CEO Steve Jobs and Google CEO Eric Schmidt. Big deal, you might think. After all, Schmidt used [...]
Sat, March 27 2010 » Uncategorized » No Comments
New York-based hedge fund Elliott Associates L.P. in a letter to Novell’s board of directors dated March 2 offered to purchase the infrastructure software company for a cash price of $5.75 per share, or $1 billion net of the cash on the company’s books.
Elliott Associates at the time said it already owned 8.5 percent [...]
Sat, March 20 2010 » Uncategorized » No Comments
Mobile analytics startup Motally is bringing in a seasoned analytics executive, John Forese, as the startup’s new CEO. Forese was previously Nielsen Mobile’s Senior Vice President of Product Management. Additionally former Google Vice President of Product Development, Doug Garland, has joined Motally’s board of directors.
Prior to his tenure at Nielsen Mobile, Forese was a senior [...]
Thu, March 18 2010 » Uncategorized » No Comments
San Francisco based Posterous, a fast growing publishing platform, has taken a $4.4 million investment from Redpoint Ventures. Partner Satish Dharmaraj, who is also an individual investor in Posterous, led the round and joins the company’s board of directors (and he maintains his personal blog at Posterous here).
Posterous, founded in 2008 by Sachin Agarwal, Garry [...]
Fri, March 5 2010 » Uncategorized » No Comments
Perfect Market, which markets solutions aimed to assist publishers in growing revenue from their online content, has secured $6 million in a Series C funding round led by Tribune Company.
Just to be clear, that’s the media giant that owns newspapers such as the Los Angeles Times and the Chicago Tribune alongside a number of television [...]
Wed, March 3 2010 » Uncategorized » No Comments
