Rumors have been swirling — and IBM’s stock has been rising — on reports that the company is planning a huge round of layoffs of up to 26% of its workforce, or 118,000 people. TechCrunch has been digging and has found out from two separate sources that there will in fact be job cuts, but not […]
Posted on January 27th, 2015 by admin
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Google is reportedly eyeing up an acquisition of Softcard to expand Google Wallet services to more points of sale with retailers, but it also wants to grow its position in the wider world of mobile-based transactions to compete with the likes of PayPal by way of its Instant Buy API. Originally launched for Android in 2013, […]
Posted on January 26th, 2015 by admin
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TransferWise, the fast-growing UK-based P2P money transfer startup that has reportedly been in talks with Facebook for remittance services, has raised now raised a large round of funding led by one of the social network’s earliest backers. Andreessen Horowitz is heading up a $58 million round of investment in TransferWise, a Series C round with participation also […]
Posted on January 26th, 2015 by admin
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Kreditech, the consumer finance startup that focuses on lending money to “unbanked” consumers with little or no credit rating, is today announcing a hefty line of funding that it will use to expand its business. It is getting a $200 million credit line from Victory Park Capital, one of the largest in the history of online lending services. Kreditech is […]
Posted on January 25th, 2015 by admin
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Microsoft today announced that it has acquired Revolution Analytics, an open-source analytics company with a strong focus on the highly popular R programming language for statistical computing. Microsoft says that it made this acquisition “to help more companies use the power of R and data science to unlock big data insights with advanced analytics.” The […]
Posted on January 25th, 2015 by admin
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2015 IT Salary Survey shows that salaries for IT Pros are moving up as 112,000 jobs were added in 2014 The 2015 Salary Survey, just released by Janco Associates and eJobDescription.com, is good news for IT Professionals. The survey shows that hiring and salaries have improved for IT positions in most North American metropolitan areas. […]
Posted on January 24th, 2015 by admin
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Box’s IPO was never a normal deal. When Wall Street cooled to tech IPOs last year, especially involving firms that are subscription-based with high customer acquisition costs, the Box offering became the canary in the Wall Street coal mine. The general consensus was that if Box succeeded, other firms could follow, allowing Silicon Valley and its attached investor class to breathe… […]
Posted on January 24th, 2015 by admin
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If you’re an employer, how do you solve a problem like Facebook? Roughly 61% of office workers use social media during the day and Facebook takes up a huge share of that surfing. Its highest traffic actually occurs mid-week between 1 to 3 pm. All told, this 1.5% drop in productivity adds up to 12 […]
Posted on January 24th, 2015 by admin
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Following its Windows 10 event, Microsoft announced this morning that the next version of Office is called Office 2016 and will be generally released in the second half of this year. The company didn’t announce much more about Office 2016 today, but you know what to expect, given the history of the product. Read More […]
Posted on January 23rd, 2015 by admin
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One of Box’s earliest marketing stunts was a series of billboards on California’s Route 101 in which it made no bones about going after enterprise content management (ECM) big shot, Microsoft SharePoint. While many would like to pigeonhole Box as storage or sync and share, Box has always had other ideas. From the earliest days in […]
Posted on January 23rd, 2015 by admin
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