PackLate.com Scores Seed Funding For Last-Minute Vacation Rental Service (TechCrunch via Washington Post)

Mobile-Phone Tracking Violates Privacy, Lawyers Tell Court (Bloomberg via Business Week)

Waste Management Now Demanding $500 Million From SAP (IDG via New York Times)


Daily Links 2/11/2010: SAP appoints new COO; Schwarz resigns

Motorola targets first quarter of 2011 for split into two (Engadget)
Motorola Press Release

DOJ: No Need for Warrant for Cell Location Information (PC World)
Court of Appeals hearing scheduled for Philadelphia tomorrow.

Paperboy 2.0: Using the Cloud to Get Paid for Application and Content Subscriptions (ReadWriteCloud)

Aria Announces Aria Platform Standard and Enterprise Editions (Marketwire)

SAP Announces Subsequent Changes to Executive Board and Management in Support of New Co-CEO Structure (PR Newswire)
The resignation of John Schwarz is a bit of a surprise to me; he had been positioned as one of the key change agents at SAP recently.

Researchers create world’s first solar power circuit (SlashGear)
Developed at Penn.

Motorola May Spin Off, Not Sell Set-Top Box Business (Bloomberg via Business Week)

After Facebook, Google Looks to Eat Comcast's Lunch (The Atlantic Wire)

Al Franken uses conflict with NBC/Comcast execs to help raise cash (City Pages: The Blotter)

Quality Systems, Inc. Acquires Opus Healthcare Solutions
Acquisition Marks Entry into Rural and Community Hospital Market
(Business Wire)
To become part of NextGen Healthcare Information Systems in Horsham.

Siemens and NextGen Healthcare Renew Alliance To Deliver Ambulatory IT Solutions (PR Newswire)


USA Technologies, Inc. Reports Second Quarter Fiscal 2010 Financial Results (Business Wire)

Startl Design Boost and Startl Accelerator (A VC)


Q&A: Valerie Gaydos, Private Investors Forum (Keystone Edge)

Lockheed’s N.J. unit wins $160M Navy contract (Philadelphia Business Journal)

Technology awards to be held Friday in Harrisburg (Harrisburg Patriot-News)



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Daily Links 2/10/2010: SunGard Availability Services' CEO resigns

GSI Commerce Reports Fiscal 2009 Year and Fourth Quarter Operating Results (Business Wire)
GSI Commerce Q4 profit lags market, sees strong Q1 rev (Reuters)

BioClinica Announces Fourth Quarter and Year End 2009 Financial Results (Business Wire)

SunGard Availability Services' CEO resigns (Continuity Central)

An Open Letter To SAP Chairman Hasso Plattner (Information Week: Global CIO)

What SAP Needs After Apotheker (Business Week)

SAP to Split User Conference Between Europe, US (PC World)

Google Plans Ultrafast Internet Broadband
The search giant say it'll build experimental 1-gigabit-per-second broadband networks in a small number of test locations.
(Information Week)

T-Mo’s HSPA+ Upgrade to Hit the Coasts First
(GigaOM)

Motorola Ventures Invests in Zenverge
Zenverge secures funding to support production launch of industry's highest-performance transcoder integrated circuits
(PR Newswire)

Where Should We Hold The Next peHUB Shindig? (PE Hub)
Philadelphia is one of the 10 choices you can vote for online.

$7.2 Billion For Broadband Is Largely Unallocated
(WBUR Boston)

Karen Heller: In Norristown, sizzle gives way to substance (Philadelphia Inquirer)

Fiberlink Introduces MaaS360™ Visibility Service for Handhelds
New Offering Enables Unified Management of Blackberry® Devices
(Business Wire)

Our website just had a makeover (The TickekLeap Blog)

IMS Health 4Q profit shrinks (Associated Press via Google News)




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More on SAP Executive Changes

News Analysis: SAP’s CEO Léo Apotheker Resigns (Enterprise Advocates)

SAP: the challenges ahead (ZDNet Blogs)

Changes at #SAP (Next Gen Enterprise)

Short on strategy, SAP needs Plattner's charisma (Reuters)

Ex-local SAP official to be firm’s co-CEO (Philadelphia Inquirer)

SAP Swoons On CEO Change (Barron's: Tech Trader Daily)




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Breaking: Apotheker to resign immediately as SAP AG CEO

SAP AG said today that the SAP Supervisory Board has reached a mutual agreement with CEO Leo Apotheker not to extend his contract as a member of the SAP Executive Board, and that Apotheker has resigned as CEO and member of the SAP Executive Board effective immediately.
SAP will function now with two CO-CEOs; Co-CEOs: Bill McDermott, head of field organization, and Jim Hagemann Snabe, head of product development.
The implications of this announcement are astounding, frankly. SAP has had some problems recently, but I've never heard a clue of anything like this going on, and it is so unusual for SAP to make a change like this that isn't planned out over a long period of time.

Press Release

SAP CEO Apotheker steps down after seven months (Reuters)

SAP: Apotheker gone, co-CEO's appointed
(ZDNet Blogs)
Dennis Howlett not very surprised.

SAP: New leadership, same old story? (ZDNet Blogs)



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IMHO: ‘Thank You For Calling Comcast…’ (New York Times-The Local-Maplewood Blog)

SAP's Proof of Concept for Augmented 'Corporate' Reality (ReadWriteEnterprise)


4th Quarter 2009 Philly VC Investments; Not too much for IT

The PricewaterhouseCoopers/National Venture Capital Association MoneyTree detailed report on 4th quarter 2009 VC investments is out (free registration required).

Total investments in Philadelphia Metro were $142 million. But after subtracting $61 million for Biotech, $43 million for Medical Devices, and $25 million for Industrial/Energy, that only leaves about $13 million for investments that might primarily be considered IT-related, spread over 13 deals.

Most of these I have reported on before, including MobileMD, MuseAmi, PackLate, Agilence, and Timsesight Systems. Other investments revealed in the report are Core Solutions of Wayne ($500,000), which supplies electronic health record (EHR) systems for behavioral healthcare, Alphion Corporation of Princeton Junction ($1 million),which develops and manufactures integrated photonic components, and NearVerse of Philadelphia ($1 million), which provides mobile IP network application services.



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