1978 CALLED. IT WANTS ITS NEWSPAPER BACK (Philadelphia Magazine)

Pa. governor arranged meeting on newspapers' debt (Associated Press via Lehigh Valley Live)



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People News


Internet Capital Group’s Doug Alexander Named President (Business Wire)

Comcast Names Kenneth J. Carrig Executive Vice President of Human Resources for Comcast Cable (Business Wire)

SCO Logistics Names New Executives to Leadership Team, Announces Record Revenues
(PR Newswire)

The Keane Organization Appoints Thomas J. Morgan as Chief Sales & Marketing Officer (Business Wire)

Falcon Capital Partners Announces New Venture Partner
Business and Technology Veteran Joins Falcon to Further Expand into Software and IT Services Market (PR Web)

Ohana Companies Enhances Senior Management Team, Naming Veteran Business Growth Strategist Alex Giacco as President (PR.com)

Cobra Wire and Cable Announces New Chief Executive Officer (PR Newswire)

Soon-Shiong Joins Board of ITA Partners, a Leading Medical Decision-Support Company (Business Wire)

Harmelin Media Promotes 22 Staffers and 3 in Online Division (Philly Ad Club News)



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Human error caused Google search bug (Network World)

Newspaper execs make their case (Philadelphia Inquirer)



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Oracle Eyes Resurgence (ClinPage)
Octagon Research Solutions would seem like one potential acquisition target for Oracle in the area, but there are other
possibilities as well.

Ametek 4Q profit falls on restructuring charges (Associated Press via Forbes)

SaaS is surging in the downturn, says IDC (ZDNet Blogs)

SAP Spoke to Politicians on Job Cuts, Cooperates With Probe (Bloomberg)

Losses could affect SAP’s Newtown home (Delco TImes)

Comcast Engaged in Free Wi-Fi Trial
Working with Cablevision on Wi-Fi trial in New Jersey (Broadband Reports)

Verizon Laughs Off DOCSIS 3.0
Picks on the technology's shared nature, upstream limitations... (Broadband Reports)

State Of The City:Philadelphia Halflife (Media Bistro: AgencySpy)

Kulicke & Soffa revenue nosedives 70% (Philadelphia Business Journal)

Journal Register Sells Pennsylvania Paper, New Owner Shutters (Editor & Publisher)

Free The 'Daily News' (The Bulletin)

Q&A: Kelly Lee of Innovation Philadelphia (Keystone Edge)

20nine Launches Interactive Division (PR Newswire)



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Video: Christensen on disruption in health care (EE Times)



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GSI Commerce and Innotrac Mutually Agree to Terminate Merger Agreement (PR Newswire)
Weak share price kills GSI's Innotrac deal, may lure buyers (Philly.com: Philly Deals)

SEI Reports Fourth-Quarter Revenues of $268.4 million, Net Income of $9.6 million
(PR Newswire)

Advanta cutting jobs, dividends following $44M loss (Philadelphia Business Journal)

Quality Systems, Inc. Reports 2009 Third Quarter Results (Business Wire)
Quality Systems's business consists largely of Horsham-based NextGen Healthcare Information Systems.

CNET News Daily Podcast: RIAA recruits Comcast, AT&T to monitor file sharing (CNET News)

Stimulus boosts electronic health records (Philadelphia Inquirer)

Google M-Lab provides a window into your ISP (Network World)

SAP's Q408 Results & PAC's Estimates on How Bad Things Really Were (Are)... (Feeding the SAP Ecosystem)
Do Layoffs Make SAP More American? (Information Week)

SAP North America Chief Takes Leave of Absence (PC World)

Microsoft founder's cable company in a debt bind (Associated Press via Google News)

Analog TV Shutoff Still Likely to Be Delayed (New York Times: Bits)

Live Cargo Buys CMWare (PE Hub)

Biz Beat: A startup goes camping (Metro Philadelphia)
On Vuzit.

TEMIS Exceeds Revenue Targets for 2008
TEMIS Software License Revenue Increased by 73% in 2008 (PR Newswire)

nvestEdge Equips Banks and Advisors with Turnkey Compliance Solution to Proactively Monitor and Review Client Portfolios (PR Newswire)

New Mezz Fund Nearing Close (PE Hub)



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What's up at CardioNet?




On the surface, former CardioNet CEO Arie Cohen appeared to have a good year. His company floated a successful IPO (one of the few this year), it looks like they are going to make the numbers expected of them for 2008, and growth prospects appear bright. Now, though, he is out of a job (see press release).
Its hard to say how much of the recent success of Conshohocken's CardioNet is due to Cohen. He was only there 15 months. However, when you appear to be doing a good job on Wall Street's terms, you expect to keep it.
I listened in to CardioNet's conference call yesterday to get a better idea of what when on.
New interim President & CEO Randy Thurman suggested (my translation) that Cohen was somewhat overwhelmed by the challenges of being CEO of a high growth, publicly traded company. He said that the Board found the gap between Cohen's limited experience in this role and the growth potential of the company to be too great to be comfortable with. Ironically, Cohen ran a division under Thurman at VIASYS, the company he sold for $1.5 billion to Cardinal Health in 2007.
CardioNet's main application right now is remote wireless monitoring of patients with cardiac arrhythmias, a service I can certainly appreciate since I had a family member dealing with that not too long ago (I wish I had known about their service then). The company's primary immediate objective is to grow market share for that application, but they also believe there are other medical applications the technology can be expanded to. They expect solid growth in 2009, but indicate earnings growth may be limited by "incremental investments", particularly in expanding the salesforce from about 100 currently to 140 by year end. The search for a new CEO may take several months, after which Thurman will remain in his current role of Executive Chairman of the Board.
As for Mr. Cohen, I'm sure he will find another opportunity rather quickly if he wants to.




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Banks, credit unions scramble in wake of Heartland breach (Computerworld)

Tyco Electronics results, outlook disappoint (Reuters)

Net Neutrality Faces House Vote (eWeek)

House defeats bill to delay digital TV transition (Associated Press via Google News)
This is a surprise. Everyone was reporting on it like it was a done deal.

Exploring Cox's New Network Management System (Broadband Reports)

Comcast Ices NHL Network On-Demand Pact
Service Makes Condensed Games Available Hours After Their Conclusion (Multichannel News)

QlikTech outlines BI product roadmap
QlikView 9 planned for May or June 2008 (vnunet.com)

Innovative Solutions & Support, Inc. Announces First Quarter Fiscal 2009 Financial Results
Revenues Up 123%, Operating Margin of 16%, Earning Per Share of $0.11 (Business Wire)

Vishay increases Israel layoffs to 400 (Globes Online)

Rodale Reports 2008 Full-Year Results (Business Wire)

Synygy Experiences 18th Consecutive Year of Success and Enters 2009 with Best-Ever Visibility into Future Record Performance
(Business Wire)

VA to pay vets $20M for lost laptop holding personal data (USA Today)

Planning is passe in a high-tech world
Text messages trump schedules. (Philadelphia Inquirer)



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SAP to Cut More Than 3,000 Jobs Amid Global Slump (Bloomberg)

SAP to Employees: So Long, Farewell, Auf Wiedersehen, Goodbye (All Things Digital: Digital Daily)



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Verizon posts solid fourth-quarter earnings
Despite economic gloom, Verizon ups revenues, profits in 4Q 2008 (Network World)
Verizon FiOS Picking Up Speed: Landline Losses Continue (GiagaOM)

Rohm & Haas Wins March Trial Over Dow Buyout (Bloomberg)

Oracle's Plan To Beat Salesforce: Give Customers Their Own Server (Silicon Alley Insider)

Microsoft Makes Sweeping Changes To BI Software Strategy (Information Week)

ING to cut 7,000 jobs, drop its CEO (Associated Press via Wilmington News Journal)

US FCC refers Comcast-NFL dispute to judge (Reuters)

Lucid Imagination adds support for Apache search tools (SearchEnterpriseLinux.com)
Discusses use by Comcast Interactive.

Heartland Payment Systems Accelerates Development of End-to-End Encryption (PR Newswire)

Medidata Files IPO (Red Herring)
Medidata has a presence in the area through its acquisition of Fast Track Systems of Conshohocken last year.

Siemens sticks to 2009 goals as eyes cost cuts (Reuters)

Interactive TV Crowd Has Great Expectations
Q&A With Vibha Rustagi, President and CEO of Itaas (Multichannel News)

The Economics of Internet Video (Media Experiences 2 Go)

More Than 150 Organizations Maximize Their Vital Communications Technologies with Evolve IP’s Managed Solutions (Business Wire)

B4 Consulting and CRP Solutions, Both SAP Partners, Announce Cooperative Marketing Agreement for CoreMed (PR Web)



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Pfizer to buy Wyeth for $68 billion (CNN Money)

Dow Won’t Close Rohm & Haas Deal on Time (New York Times: Deal Book)
Rohm & Haas Sues Dow Chemical In Delaware Court (Dow Jones via CNN Money)


SAP: Analysts Gets Cautious; Earnings Due Wednesday (Barron's: Tech Trader Daily)

Startup's Application Lets Users Tap SAP HR via SharePoint (PC World)
Merck signs on as client.

Comcast DOCSIS 3.0 Deployment Rolls On (Broadband Reports)

Comcast Asks Copps To Act On NFL Network Case
Pro Football Network Also Sends Letter To Acting FCC Chairman (Multichannel News)

Advanta builds brand by blobbing, both live and online (Philadelphia Business Journal)
Will ideablob survive the looming financial problems at Advanta, I wonder?

DreamIt Ventures Opens Application Process for 2009 (PR Web)

Governor Rendell Says PA Stimulating Tech Growth, New Jobs with Latest Investment
(PR Newswire)

Home security for the do-it-yourselfer
It's thoroughly modern and lean. (Philadelphia Inquirer)

New Owner in Connecticut Delivers to Oldest Subscribers to Promote Sale (Editor & Publisher)
Journal Register folds 2 Bucks weeklies (Bucks County Courier Times)

Wolters Kluwer Health Announces Partnership with Bristol-Myers Squibb (WebWire)

HighPoint Solutions Partners with Netezza
Adds New Focus on Data Warehouse Appliances to Business Intelligence Practice (PR Newswire)

CRF Inc. Announces smac | partners as New Investor (Free Press Releases)

Gaming Site Gamervision Nabs $3.5 Million In Funding (paidContent)
Gamervision's operations are located in Doylestown.

CardioNet Board of Directors Appoints Randy Thurman Interim President and Chief Executive Officer (Business Wire)
Surprising that there would be a change. WIll have to find out why.

Verizon gets official with Network Extender: $249, no monthly fees (Engadget)




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