Daily Links 6/24/2010: iPhone 4 Seekers Swamp Local Malls

iPhone 4 Seekers Swamp Local Malls (Fox29)

Oracle Profit Jumps 25% to Beat Street Estimates (Daily Finance)
Oracle Q4 turns in strong revenue and earnings (ZDNet Blogs)


EU Seeks Outside Opinions on SAP-Sybase Deal (PC World)

Unisys plans for St. Louis facility, add 300 jobs (Associated Press via Bloomberg Business Week)

Clearleap, Roku Shop Web Video Combo to Cable (Light Reading Cable)

FCC stops time clock on NBCU-Comcast review (The Hill)

NBC Universal Decides Not To Sell ShopNBC Stake On Weak Stock (Dow Jones Newswires via NASDAQ.com)

Exciting FanGamb Changes, Moving to Europe
(Robert Shedd)
Former DreamIt Ventures startup.

Health IT Boot Camp To Accelerate Professional Certification
The five-day crash course in health IT and e-medical records can lead to professional certification for IT pros and clinicians.
(Information Week)
To be conducted by Trevose-based Training Camp.

FreedomPay surpasses 1,000 client milestone since launching its FreeWay™ Transaction Gateway in 2009
(Business Wire)

SAS buys maker of police software (Raleigh News & Observer)
Claims Philadelphia police, Delaware and Pennsylvania state police as customers.




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Daily Links 6/23/2010: Evolved Capital launches beta app targeting Venture Capital Ecosystem

Comcast's ThePlatform Reaches For IP-Connected TV Devices
Integrates With Over-the-Top Services From TiVo, Roku, LG, Boxee, Others
(Multichannel News)

Parties still far apart in US Internet talks-source
* More talks scheduled for Wednesday
(Reuters)

FCC Takes Beating Over Closed Door Net Neutrality Meeting
Transparency and documentation is either important -- or it isn't.
(Broadband Reports)

Fitch cuts rating on Liberty Media unit (Associated Press via Google News)

SAP Labs Is Hiring Up to 300 in Palo Alto (eWeek Blogs)

SAP's McDermott Sees No Big Acquisitions After Sybase (Bloomberg)
Doesn't quite jibe with what co-CEO Jim Hagemann Snabe said in prepared remarks for the SAP annual meeting a couple of weeks ago.

SAP value engineering services aim to boost SAP ROI (SearchSAP.com)

Evolved Capital Beta Launch Targets Venture Capital Ecosystem (Marketwire)


Verizon tests 10 Gbps to the home via FiOS (ZDNet Blogs)
Using Motorola's 10 Gbps GPON solution.

SAS Preps In-memory Analytic Grids (PC World)
Focusing on vertical solutions.

Startups replacing summer jobs for students (Reuters)




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Daily Links 6/22/2010: IBM will ‘vigorously’ fight $100M alleged racketeering suit from Devon IT

Is Malone Planning to Go Shopping? (New York Times: DealBook)
Renewed speculation about QVC ( through Liberty Interactive) buying out HSN.

IBM will ‘vigorously’ fight $100M alleged racketeering suit from IT partner (Local Tech Wire)

The Neat Company Raises $2.75 Million (PE Hub)
Edison Ventures' total investment in Neat now $15.5 million.

Verizon Canceling Wholesale FiOS?
DSLExtreme tried, failed to renegotiate new contract
(Broadband Reports)

Global CIO: An Open Letter To Apple CEO Steve Jobs
(Information Week)

Newspapers' owners choose Philadelphia Media Network Inc. as company's new name (Philadelphia Daily News)

Study: Pennsylvania slow in Internet speed (Pittsburgh Post-Gazette)


NBC's John Miller To Concentrate On Comcast/NBCU Integration
Veteram CMO Will Hand Off Marketing Duties For TV Group To Adam Stotsky
(Multichannel News)

EarthLink opposes Comcast acquisition of NBC (Associated Press via Forbes)
Earthlink left Philly high and dry, as I recall.

Clearwire Raises $290M in Rights Offering (PC World)

Fiberlink Communications rolls out cloud-based patch-management service (ZDNet Blogs)
Fiberlink is based in Blue Bell.

After Four Months In Private Beta, Salesforce Chatter Finally Arrives As A Public Conversation (TechCrunchIT)

Enterprise-Software Makers Taking Cues From Facebook, Twitter (Dow
Jones Newswires via NASDAQ.com)

Dow Electronic Materials to Expand TMG Capacity to Serve LED Market (Business Wire)




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More on Devon IT lawsuit against IBM

Devon IT lawsuit filed against IBM and four of its executives in the Eastern Districtof Pennsylania (pdf).
See original post here.


Liberty Media to separate businesses; Implications for QVC, TruePosition and Atlanta Braves

John Malone's Liberty Media said yesterday that it will split off its Liberty Capital and Liberty Starz units from Liberty Interactive, which controls West Chester-based QVC. Liberty Capital includes Berwyn-based TruePosition, which primarily uses cell tower triangulation to identify mobile phone locations, and the Atlanta Braves, two companies that do not really fit together, as well as interests in other media properties. Liberty Interactive will become an "asset-backed" company rather than function as a tracking stock; tracking stocks (which are one of my pet financial peeves) do not actually own the underlying assets of the businesses they reflect.
I think this deal will open up new strategic possibilities for QVC, TruePosition and the Braves. Baseball people have always speculated that Liberty's ownership of the Braves, who were acquired as part of a deal with Time-Warner in 2007, would be short-term.
The Wall Street Journal quoted Morgan Stanley analyst Ben Swinburne as saying the transaction was "a vote of confidence in the stability of QVC."


2010 Healthcare Informatics 100 named

Healthcare Informatics has released its 2010 Healthcare Informatics 100, and as to be expected companies from the Philly region have a strong presence on it.
HCI ranks Malvern's Siemens Healthcare #7 with estimated 2009 revenue of $1.4 billion. Also ranked in the top 100 are Medquist of Mount Laurel (28), NextGen Healthcare of Horsham (29), Elsevier of Philadelphia (44), Apollo Health Street of Conshohocken (48), Passport Health Communications (55), whose Healthworks division is located in King of Prussia, Vitalize Consulting Solutions of Kennett Square (66), RCM Technologies of Pennsauken (78), and Portico Systems of Blue Bell (97).
Many others on the list have a significant presence in the area.
Expect more M&A activity among this group over the next year (such as the recent Allscripts-Eclipsys deal) as companies seek to strengthen their competitive positions and add more integrated capabilities as the rampup of spending from Healthcare IT stimulus funding accelerates.


Welch’s Book Gives The Many Paths To Success (The Bulletin)


Devon IT accuses IBM execs of "Ponzi scheme"

The Courthouse News Service is reporting that Devon IT, the thin client systems provider based in Devon, has filed a RICO complaint against four IBM executives. Devon IT accuses them of "orchestrating a widespread Ponzi scheme, in violation of the Racketeer Influenced and Corrupt Organizations Act ('RICO'), over a period of nearly five years, involving the direct solicitation of $12 million in investment money from Devon for two information technology projects".
IBM continued to seek additional funding for one project even after it had cancelled it internally, while using funds received from Devon to improperly inflate its own divisional financial results, according to the complaint. Devon IT claims it had to layoff more than 60 employees due to the negative impact on the company.
More to come.