Archive for the 'Financial Services' Category

Stolen: Google employees’ personal data

Thursday, July 3rd, 2008

Names, addresses, and Social Security numbers of pre-2006 staffers were taken from offices of Colt Express Outsourcing Services. Google has confirmed that personal data of U.S. employees hired prior to 2006 have been stolen in a recent burglary. Records kept at Colt Express Outsourcing Services, an external…
Original post by Gadgets, gizmos, and […]

Icahn names Motorola slate, eyes new cell chief

Saturday, February 2nd, 2008

Former Viacom chief Frank Biondi among Icahn’s nominees for Motorola board; company says it will review candidates on the list. Activist investor Carl Icahn said on Friday he plans to nominate former Viacom chief Frank Biondi and WR Hambrecht’s chairman along with two other directors to Motorola’s board….
Original post by Gadgets, gizmos, and […]

Report: Top Google execs pledged to stay 20 years

Thursday, January 31st, 2008

Just before 2004 IPO, Brin, Page, and Schmidt agreed to work together for two decades, according to magazine report. Google’s top three executives had pledged to work together for 20 years in a pact they made shortly before the company’s initial public offering in August 2004, Fortune magazine…
Original post by Gadgets, gizmos, and […]

Fed slashes interest rates by half point

Wednesday, January 30th, 2008

The U.S. Federal Reserve took a big gamble by cutting the federal interest rates by a half-percentage point in order to stimulate growth and scuttle recession fears. WASHINGTON–The Federal Reserve cut interest rates by a hefty half-percentage point on Wednesday as part of an aggressive effort to halt a…
Original post by Gadgets, gizmos, and […]

Red light for green-tech start-ups?

Tuesday, January 29th, 2008

A funding gap, made worse by a softening economy, could create a wall for clean-tech start-ups despite a favorable long-term environment. For green-tech start-ups, 2008 could be the year of either break-neck speed or just hitting the brakes. A tidal wave of venture capital has poured into…
Original post by Gadgets, gizmos, and […]

Sun reports increased quarterly profit

Thursday, January 24th, 2008

Server maker credits strong growth in emerging markets in helping double its quarterly profit. Sun Microsystems, the world’s fourth-largest server maker, said Thursday that quarterly profit doubled amid strong growth in emerging markets. Net income rose to $260 million, or 31 cents per share,…
Original post by Gadgets, gizmos, and […]

Nokia profits jump, market share at 40 percent

Thursday, January 24th, 2008

Demand in emerging markets such as China and India lifts global market share, helps increase profit margin. Nokia, the world’s top cell phone maker, reported a 57 percent rise in earnings per share from October to December, with booming demand in emerging markets boosting its global market share…
Original post by Gadgets, gizmos, and […]

From the Googleplex to the wine bar

Wednesday, January 23rd, 2008

While some ex-Google employees are still grinding away as angel investors and entrepreneurs in the tech industry, it’s occurred to some others that they’re wealthy enough to do whatever they want. Sometimes, it’s not easy to leave the Googleplex. Even for the many millionaires among the…
Original post by Gadgets, gizmos, and […]

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