Posts in "tech"

Profile of Icahn as a tech raider

Over the last decade, through a series of successful moves, Icahn has become the sole force behind Icahn Enterprises LP, a diversified holding company that puts him in command of roughly $24 billion in capital. “As essentially the wealthiest individual hedge-fund manager of all time, he is in an extremely rare position,” explains Brown. “Nobody can tell him what to do or what not to do.” … “Tech companies have gotten away for far too long with far too much cash on their balance sheets,” says Kedrosky.

The money in apps - $500/month

The majority of developers still make less than $500 per app per month, but the overall “app poverty line” has moved from 67 percent to 60 percent, according to Vision Mobile’s Developer Economics Q1 2014 report. The analysis firm researched data from more than 7,000 app developers from 127 countries, from the United States and China to Kenya and Brazil. The money in apps - $500/month

Nice piece on the hard work ahead for Microsoft & assets they have

From El Reg’s Gavin Clarke: Let’s begin by saying money was not the problem that needed solving: on that, the world’s largest software company is printing cash. … That means everything Nadella does now is about execution, not innovation. That makes Nadella’s story as CEO one of sales and expanded market share. We, 451, have a quick piece from the day of and I just submitted a longer piece yesterday (along with Carl Brooks), hopefully published soon.

From a computer on every desktop to computers on everything, everywhere

These are the most important three chunks from Satya Nadella (Microsoft’s new CEO) memo: Our industry does not respect tradition — it only respects innovation. … Our job is to ensure that Microsoft thrives in a mobile and cloud-first world. … I believe over the next decade computing will become even more ubiquitous and intelligence will become ambient. The coevolution of software and new hardware form factors will intermediate and digitize — many of the things we do and experience in business, life and our world.

Moz builds its own private cloud

We spent part of 2012 and all of 2013 building a private cloud in Virginia, Washington, and mostly Texas. This was a big bet with over $4 million in capital lease obligations on the line, and the good news is that it’s starting to pay off. On a cash basis, we spent $6.2 million at Amazon Web Services, and a mere $2.8 million on our own data centers. The business impact is profound.