4/26: Pai Launches Effort To Repeal Title II; HealthVerity raises $10M to support health data marketplace
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FCC's Pai Launches Effort To Repeal Title II (Multichannel News)
Blog: Tim Wu on why undoing net neutrality may be harder than it looks (Marketplace)
HealthVerity raises $10M to support health data marketplace (Med City News)
BlackRock Forges Two-Tiered ETF Strategy to Fend Off Vanguard (Bloomberg)
Oracle's Mark Hurd builds a cloud arsenal to take on Amazon (USA Today)
How IBM can avoid the abyss ( Jason Perlow / ZDNet)
ServiceNow Rising: Q1 Beats; Q2, Year Views Top Consensus (Barron's Tech Trader Daily)
4/25: SAP’s Sales Again Top Estimates as Software Spending Grows; Infor Is Buying Birst
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SAP’s Sales Again Top Estimates as Software Spending Grows (Bloomberg)
SAP Rising: Q1 Beats as ‘Hana’ Racks Up Customers (Barron's Tech Trader Daily)
Microsoft unveils LinkedIn as its secret weapon in war against Salesforce (The Register)
Oracle Plans Internal 'Startup' to Outpace Rivals' Innovation (Bloomberg)
Infor Is Buying This Business Intelligence Player [Birst] To Take On Oracle (Fortune)
SuiteWorld 17 – Oracle CEO seeks to reassure NetSuite buyers – ‘More, better, forever’ (Diginomica)
Hulu and the Fight for Real-Time TV
(Fortune)
U.S. FCC to launch 'comprehensive review' of media regulations
(Reuters)
4/24: Moffett: Verizon Fails Deal Sobriety Test; FCC Chairman Ajit Pai is expected to unveil new net neutrality plans on Wednesday
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Moffett: Verizon Fails Deal Sobriety Test (Multichannel News)
FCC Chairman Ajit Pai is expected to unveil new net neutrality plans on Wednesday (Recode)
Verizon’s $70 gigabit Internet is half the price of older 750Mbps tier (Ars Technica)
Rapidly growing Baltimore software firm eOriginal taps new CEO (Baltimore Business Journal)
LLR Partners invested in eOriginal, and brought in Pilly-based Revitas' (sold to Model N) former CEO to run it.
Two TechVentures startups to move out to larger spaces (LVB.com)
QTS ‘Top Pick’ In Stifel Data Center REITS, Avoid Dupont-Fabros (Barron's Tech Trader Daily)
How Online Shopping Makes Suckers of Us AllHow Online Shopping Makes Suckers of Us All (The Atlantic)
How Dish Network could shake up your wireless service (CNET)
AT&T’s Words on Time Warner Deal Say ‘Underdog.’ Its Actions Speak Otherwise. (NY Times)
Comcast says customer service overhaul is showing results (OregonLive)
Not a bad new digs for @comcast at @Braves pic.twitter.com/tIvYCLAvdC
— Todd Smith (@toddpr) April 22, 2017
SAP commits more resources to SMB ERP portfolio (SearchSAP)
Weekend Highlights: Nasdaq PHLX Trading Floor Now Open at FMC Tower; SAP commits more resources to SMB ERP portfolio
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Nasdaq PHLX Trading Floor Now Open at FMC Tower (PhillyMag)
FCC greenlights small cell free-for-all in the US (The Register)
Small cells vital to 5G.
MeetMe Completes If(We) Buyout, Rebrands to The Meet Group (Zacks)
Pennsylvania eyes leap to internet for casinos, lottery (AP via Madison.com)
How Online Shopping Makes Suckers of Us AllHow Online Shopping Makes Suckers of Us All (The Atlantic)
How Dish Network could shake up your wireless service (CNET)
AT&T’s Words on Time Warner Deal Say ‘Underdog.’ Its Actions Speak Otherwise. (NY Times)
Comcast says customer service overhaul is showing results (OregonLive)
Not a bad new digs for @comcast at @Braves pic.twitter.com/tIvYCLAvdC
— Todd Smith (@toddpr) April 22, 2017
SAP commits more resources to SMB ERP portfolio (SearchSAP)
4/21: Pa. awards $10M 'seed-to-sale' medical marijuana tracking contract; DuPont, U of Delaware ask $5M from taxpayers for new start-ups at old labs
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These brothers just sold their company to Oracle for $850 million, and they have their fingers in dozens of other companies (Business Insider)
Popeye has a point of view on Oracle/Moat https://t.co/rePAsjFcB6 #retro #classic pic.twitter.com/yVOk2vuDwK
— Kelly Liyakasa (@KellyLiyakasa) April 21, 2017
Bucks restaurant tech company acquires another based in Georgia (Philadelphia Business Journal)
Verizon could be the mystery company in on Time Inc. sale (NY Post)
Verizon: The ‘Tiffany Network’ Tarnished, Says Argus (Barron's Tech Trader Daily)
These are the biggest e-commerce acquisitions of all time (Recode)
Omitted Zulily, GSI Commerce, maybe others.
DuPont, U of Delaware ask $5M from taxpayers for new start-ups at old labs (Philly.com)
Pa. awards $10M 'seed-to-sale' medical marijuana tracking contract (PennLive)
Meanwhile, the vendor, MJ Freeway, picks up another $3 million from its existing investors.
What Top TV Techs Are Looking For At NAB (TVNewsCheck)
NBCUniversal Owned Television Station SVP Jeff Morris: “We are in the process of making a pretty technologically progressive facility in Philadelphia to be home to our Philadelphia businesses." “That will be our first station to ever adopt IP technology at its core,” says Morris, adding he can’t envision ever building a “facility in the future without IP at the heart of it.”
Uber exec "misspoke" about Pittsburgh startup (non)acquisition (Axios)
4/20: Analysts see Verizon-Comcast combination as a tough sell; Verizon earnings, revenue miss Street estimates as wireless sales fall year-over-year
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Analysts see Verizon-Comcast combination as a tough sell (SNL)
Verizon earnings, revenue miss Street estimates as wireless sales fall year-over-year (CNBC)
Verizon CEO Comments About Media M&A “Taken Out Of Context” – Update (Deadline)
Verizon Loses 13,000 FiOS Pay TV Subs in First Quarter (Hollywood Reporter)
$VZ CFO says rise of OTT/vMVPDs, mobile offerings and more aggressive competition led to net loss of video subs in Q1 #goodluckbundle
— Rich Greenfield (@RichBTIG) April 20, 2017
🥞LOL, @Verizon. You OK? Cause nobody sucks this much unless you’re #VerHIGHzon https://t.co/bZYQlHl5yt
— John Legere (@JohnLegere) April 20, 2017
Billtrust, CardConnect Partner To Support Invoice Payments Via Card (Pymnts)
Two leading area companies hook up.
An X-ray of what Amazon really looks like.
— Brian Roemmele (@BrianRoemmele) April 20, 2017
Alexa team almost half the size of retail.
And look at the big blue AWS area.
Wake up call pic.twitter.com/hgPFB5MNlw
Beacons help Waze users navigate Pittsburgh's tricky tunnel exits (Marketplace)
Comcast Joins LoRA Alliance (Multichannel News)
Will host IoT-focused organization’s all-members rendezvous in June in Philadelphia.
Oracle’s PaaS/IaaS progress – becoming real
(Brian Sommer / Diginomica)
Siemens Healthineers buys health tech firm
(Philly.com)
Baseball CFO Looks to Win with CPM Software (CFO)
Philly native, ex-Comcast guy.
PetSmart acquiring Chewy for $3.35 billion; Where will that leave Pet360?
Tom Paine
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PetSmart is acquiring Florida-based Chewy.com for $3.35 billion in the largest e-commerce acquisition ever. Notably $50 million more than Walmart's acquisition of Jet.com.
PetSmart made a relatively small bet on ecommerce when it bought Plymouth Meeting-based Pet360 for $130 million plus incentives less than three years ago. This is obviously a much bigger bet.
Pet360 still has a fair number of people in Plymouth Meeting; it will be interesting to see how they fare.
PetSmart's release on the Chewy acquisition makes no mention of Pet360. I've seen no mention of it in any discussions of the Chewy deal.
I asked PetSmart if it had any comment on the role of Pet360 once the Chewy deal was completed, and a spokesperson said that was not something PetSmart would comment on.
In late March, Pet360 took a seven year lease on space for 20 near Grand Central Station NYC.
Mark Vadon, who sold Zulily to Liberty Media / QVC for $2.4 billion, was also behind the Chewy deal as an early investor and chairman.
Meanwhile, Pet360's former CEO Brock Weatherup has gone over to the other side, having sold his latest startup, PetCoach, to Petco and moved to San Diego to work with them as EVP, Strategic Innovation and Digital Experience.
Chewy has a fulfillment center in Mechanicsburg PA.
Verizon's CEO Is Open to Deal Talks, From Comcast to Disney
Tom Paine
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 |
| Verizon CEO Lowell C. McAdam / Verizon Website |
Verizon's CEO Is Open to Deal Talks, From Comcast to Disney (Bloomberg)
Verizon CEO said he may be interested in merger with Disney, Comcast or CBS (CNBC)
McAdam told Bloomberg, "If Brian [Roberts] came knocking on the door, I'd have a discussion with him about it."
Market Values (equity)
VZ $201.6bn
CMCSA $178.2bn
DIS $180.6bn
Does Mr McAdam have a strategy in mind? Comcast, Disney, & CBS would each lead to very different outcomes. Although the one common denominator seems to be a major network.
But its difficult to tell whether McAdam wants a 5G-centric strategy, a content-centric strategy, or both.
Verizon doesn't hold all the cards; As you can see from the above numbers, a Verizon merger between either Comcast or Disney would essentially be a marriage of equals.
The analysts I've followed are mostly unconvinced of the logic of a Verizon / Comcast combination in order to achieve 5G.
And any such merger, in the remote possibility it might happen, would have to maintain at least two significant broadband competitors.
Updates as warranted.
Comcast has not responded to McAdam's comments.
This IBD article might be helpful in comparing relative values of Comcast and Verizon.
Verizon's earnings are due out tomorrow morning.
Verizon CFO: McAdam's M&A commentstaken out of context (Deadline)
4/19: IBM sinks; IntegriChain acquires MontCo firm
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IBM Is Still Not Reaping Rewards from its Big Bets
(Fortune)
IBM Sinks Following 'Lackluster Performance' With Q1 Results, Analyst Cuts (IBD)
Center City health tech company [ IntegriChain] acquires MontCo firm following major investment (Philadelphia Business Journal)
This guy convinced cities to cater to tech-savvy millennials. Now he’s reconsidering. (Washington Post)
Oracle acquires ad measurement company Moat (TechCrunch)
Pai Praises Verizon Fiber Buy (Multichannel News)
Broadband Dominance A Better Stock Play Than Wireless: SunTrust (IBD)
‘Delco Proper’ gets series pilot order from Comedy Central, will film locally in May (Philly.com)
Zulily co-founder Mark Vadon strikes e-commerce gold yet again as pet supply retailer Chewy sells for $3.35B
(GeekWire)
Vadon sold Zulily to QVC.
Inside info: U.S. chases 'Unknown Traders (Philly Deals)
How Many Data Centers Needed World-Wide (Perspectives)
In case you were wondering.
The author is a Distinguished Engineer at Amazon Web Services.
Amazon cloud chief jabs Oracle: 'Customers are sick of it' (CNBC)
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