Philadelphia Region Business Outlook Survey, July 2008
(Federal Reserve Bank of Philadelphia)

SAP to reduce R&D budget to 12 percent of sales mid-term - CEO (Thomson Financial via Forbes)

IDS Scheer chairman denies he is in talks to sell 41 pct stake to SAP (Hemscott)

Oracle Enhances Performance Management Offerings (Channel Web)

Comcast Interactive Media Names Karin Gilford Senior Vice President of Fancast and Online Entertainment
Former Yahoo! Vice President of Entertainment to Run Online Entertainment Destination
(BusinessWire)

Group warns FCC: Comcast's good behavior just a "trick play" (ars technica)

TruePosition Awarded Patents That Facilitate Location-Based Safety and Security Services for GSM, CDMA and UMTS (BusinessWire)

TruePosition Rapidly Expands Research and Development on Location-Based Safety and Security Solutions
Wireless Location Technology Leader Opens New Facility in Greater Boston
(BusinessWire)

Merrill to sell Bloomberg stake for $4.5 billion - Reuters (Finextra)
Also apparently dropping plans to sell Blackrock stake. Blackrock released excellent quarterly results today.

WPCS Announces Guidance for FY2009 (PRNewswire)

Radnor based NewSpring Capital has raised $165 million for a business services venture fund and held a $65 million first close on its health care-focused fund, according to Private Equity Hub

HTH Worldwide Introduces mPassport(sm), Mobile Health and Safety (PRNewswire)

Meet the founder of Ticketleap.com - Chris Stanchak (Phillypreneurs)

Wireless telecoms
Culture clash
(The Economist)

MedQuist to Commence Trading on the Global Market of The NASDAQ Stock Market, LLC
(PRNewswire)

Robert Ghrist: Penn Integrates Knowledge Professor (Penn Almanac)



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