Technology News
Jobs to Page: Cut Bloat to Avoid Becoming Microsoft
October 22, 2011, 12:23 AM EDT By Adam Satariano and Peter Burrows Oct. 22 (Bloomberg) — Apple Inc. co-founder Steve Jobs urged Google Inc. Chief Executive Officer Larry Page to sharpen the company’s focus and cut products that put it at risk of becoming like Microsoft Corp., according to a biography of Jobs. While Jobs [...]
Google May Facilitate Yahoo Purchase
October 22, 2011, 3:08 PM EDT By Brian Womack (Updates with analyst’s comment in fourth paragraph.) Oct. 22 (Bloomberg) — Google Inc. is considering providing financing for an acquisition of Yahoo! Inc. by another company or a group of bidders, according to a person who has been briefed on the matter. The company may opt [...]
Businesses Just Want to Hear Your Voice
Click-to-call ads connect mobile Web users with sales reps By Dina Bass As director of online marketing for Nutrisystem, Bill Chase has a $12 million annual budget to place advertisements for his company’s weight-loss programs all over the Internet. The effectiveness is modest: Just 2 percent or 3 percent of those who click on a Nutrisystem ad go [...]
John Rogers’s Bendable Microprocessors
The MacArthur genius’s ultrathin, bendable microprocessors are the result of a lab accident, and can be used in clothing and medicine By Donna Alvarado Greg Ruffing for Bloomberg Businessweek John Rogers was in his lab at the University of Illinois at Urbana-Champaign six years ago, testing new ways to make electronic circuits, when one of [...]
Europe Launches Two Galileo Satellites to Cut Reliance on GPS
October 21, 2011, 10:54 AM EDT By Makiko Kitamura Oct. 21 (Bloomberg) — Europe’s Galileo global navigation system launched its first two satellites today as part of a project that may generate 90 billion euros ($124 billion) in economic and social benefits over two decades. The satellites rode a Russian rocket launched from a space [...]
Groupon Seeks $11.4 Billion Market Value in Initial Offering
October 21, 2011, 1:11 PM EDT By Douglas MacMillan and Lee Spears (Updates with an investor’s comment in 10th paragraph.) Oct. 21 (Bloomberg) — Groupon Inc., the largest online- coupon site, is seeking a valuation of $11.4 billion in its U.S. initial public offering, less than half the $25 billion it considered earlier this year [...]
Staples Traders See Rally After Decade’s Biggest Drop: Options
October 21, 2011, 5:11 PM EDT By Jeff Kearns and Cecile Vannucci Oct. 21 (Bloomberg) — Staples Inc.’s biggest stock plunge since 2000 is luring bullish options traders, who are lifting bets to an eight-year high that the world’s largest office- supply retailer will rally. There are 3.04 calls to buy the stock for each [...]
Groupon IPO May Value Chairman Lefkofsky’s Stake at $2.3 Billion
October 22, 2011, 12:23 AM EDT By Lee Spears, Douglas MacMillan and Ari Levy Oct. 22 (Bloomberg) — Groupon Inc. founder and Chairman Eric Lefkofsky may parlay a $1 million check to co-founder Andrew Mason four years ago into a stake worth $2.3 billion when the daily-deal site sells shares to the public next month. [...]
Building a Firewall for the Facebook Generation
Palo Alto Networks is updating the corporate firewall to handle modern Web services like social networks, Skype, and Google Docs Illustration by eBoy By Ashlee Vance For the past 15 years or so, security pros have relied on the trusty firewall and other hardware to keep bad guys from running amok on corporate networks. For [...]
MetroPCS Said to Emerge as Frontrunner for AT&T-T-Mobile Assets
October 21, 2011, 10:18 AM EDT By Serena Saitto, Sara Forden, Olga Kharif and Jeffrey McCracken (Updates with analyst’s comment in sixth paragraph.) Oct. 21 (Bloomberg) — MetroPCS Communications Inc. has emerged as the frontrunner to buy assets from AT&T Inc. and T- Mobile USA Inc. as those companies seek to win government approval for [...]
