Highlights: Last week on Philly Tech News

New Jersey Tech Weekly's Esther Surden contributed a piece she wrote on her website on the recent New Jersey Technology Council (NJTC) Executive Leadership Summit in Jersey City and Synchronoss Technologies CEO Stephen Waldis' keynote address.

USA Technologies Chairman & CEO George Jensen Jr. does resign, and yes, as I had speculated, it was the Yahoo message board for USAT that he was posting messages on.

Ben Franklin Technology Ventures of Southeastern Pennsylvania announces $1 million in funding for six ventures.

I reported on a new business accelerator, Novotorium, that is set to open with a November 1 launch party at its Langhorne offices.

And I take a look at the latest PricewaterhouseCoopers/National Venture Capital Association MoneyTree report on VC funding in the Philadelphia area.



permalink

Daily Links 10/24/2011: Oracle buys RightNow for $1.5 billion, Workday raises $85 million

Oracle Buys RightNow for $1.5 Billion to Add Cloud Services
(Bloomberg)
Big day for Montana.

Oracle Targets Salesforce with Latest Buy: RightNow for $1.5 Billion (Silicon Angle)

Exclusive: Aneel Bhusri’s Workday Raises $85 Million at a Whopping $2 Billion Valuation (All Things Digital)
Perhaps the biggest emerging threat to SAP.

SAP and United Nations Population Fund Unveil Interactive Analytics as Population Grows Beyond 7 Billion (PR Newswire)

Just How Much Damage Did Netflix Really Do To Itself? (All Things Digital)
Earnings due today.

Netflix loses 800,000 US subscribers in third quarter (Gigaom)
Share price down almost 20% after close.

Netflix Q3 Top Ests, But Shares Hit By Weak Q4 Outlook (Forbes: Tech Musings)

UberMedia Launches Chime.in Interest Network: New Social Media Platform for Connecting and Engaging Around Interests (Marketwire)
Comcast Ventures described as "strategic funding partner"; First Round Capital already an investor in UberMedia.

On the Call: Verizon CFO on non-FiOS areas (AP via Bloomberg Business Week)
Says it will serve those areas with fixed LTE.

Unisys more than triples profits, earns $79M (Philadelphia Business Journal)

Amazon’s Online Drugstore Soap.com Adds Groceries To The List (TechCrunch)

MobileMD Gets Connecticut HIE Deal (Health Data Management)
MobileMD is based in Yardley.

Sidera Expands at 401 North Broad in Philly (Data Center Knowledge)



permalink