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Social Media Evangelization for World Communications Day
Initiative Invites Catholic Media Offices Around the World To Share Online Pastoral ResourcesROME, May 10, 2013 (Zenit.org) - On the occasion of the this year's World Communications Day, the Pontifical Council for Social Communications is inviting people from around the world to partake in the "Mesa Comun" (Shared Table). The initiative allows the faithful of the Catholic Church ...
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Will 4K TV cause consumers to upgrade
Sony's Bravia 4K liquid crystal display television is displayed at its launch in Tokyo on April 11. Sony is one of several manufacturers that are banking on 4K technology injecting life into television sales. Just when you thought you invested in a TV with the clearest picture possible, along comes something even better. 4K ultra-high-definition televisions are now available for somewhat ...
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NetApp to announce 10 work force reduction analysts note says
It's not yet known whether reported layoffs would impact NetApp's Wichita site on North Rock Road. NetApp Inc. is preparing to announce a 10 percent work force reduction, affecting about 1,300 people, according to a private Piper Jaffray note reportedly sent to clients. The Register, a United Kingdom-based online tech publication, reported last week on the note. The report said that The ...
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Interleukin closes $12M private placement
Interleukin's founder and president Kenneth Kornman Just days after it said it will not be able to raise additional capital before acceptance of a diagnostic test study results in a peer-reviewed publication and not be able to fund operations beyond the end of this month, Interleukin Genetics Inc. (OTCQB:ILIU) has raised $12 million through a private placement of its securities. The Waltham, ...
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Cincinnati venture capital firm makes $2.5 million bet on software company
Todd Gardner is a former partner at Blue Chip Venture Co. Remember the money that Cincinnati venture capitalist Todd Gardner had assembled to invest in software companies? Gardner has started investing it. His latest deal is a $2.5 million bet on a Indianapolis-based company called WebLink. As I reported last year, Gardner a former partner at downtown-based Blue Chip Venture Co. raised $22.5 ...
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Dell committee wants more info from buyout group
Dell Inc. wants more information again from the investor group challenging CEO Michael Dells shareholder buyout. The companys special committee formed to consider buyout offers has asked billionaire investor Carl Icahn and Southeastern Asset Management Inc. for more details about their takeover plan, The Wall Street Journal reported Monday. Dell (Nasdaq: DELL), the No. 3 computer maker in the ...
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Autodesk rescues Tinkercad users with buyout
Tinkercad, the Web-based 3D modeling startup led by Kai Backman, has been acquired by Autodesk. There was some actual business news amid the fun and gadgets at Maker Faire over the weekend with the announcement that Autodesk Inc. bought Tinkercad, the Web-based 3-D modeling company. Tinkercad, founded by Kai Backman, is a low-cost alternative to computer-aided design programs, requiring less ...
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Google AdWords Express Gets a Facelift
Google’s AdWords Express is the latest Google property to receive a makeover. AdWords Express, designed to be an easy introduction to AdWords for local businesses, has ...
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A.O. Smiths Jones named Ernst Young Entrepreneur of the Year finalist
A.O. Smith's Paul Jones has led his company's transformation into a global water technology company. A.O. Smith Corp. executive chairman Paul Jones has been named a finalist for this years Ernst & Young Entrepreneur of the Year program in the Midwest. Three other Wisconsin executives were named finalists: J.P. Fingado of API Healthcare Corp., Hartford; and James Sartori and Jeffrey ...
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Pentagon approves iPhones iPads for military use
The iPhone and the iPad have been approved for use on the Pentagon's networks. Apple's iPhone and iPad have been approved by the Defense Information Systems Agency for use on the Pentagon's networks, Federal Times reports. DISA approved Apple mobile devices using the iOS 6 operating system. But DISA only approved government-issued iPhones and iPads, and said that personally-owned ...
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Amys Baking Co. is a Social Media Sensation
Social media catastrophe So there's this place called Amy's Baking Company Bakery Boutique and Bistro in Scottsdale, Arizona. If you keep up with network television, you might remember the husband and wife duo that run the place were once featured on Gordon Ramsay's Kitchen ...
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Communication Intelligence Corp. raises $1.15 million
Communication Intelligence Corp . raised $1.15 million by selling preferred stock to the Phoenix Group and some other investors. Redwood City-based CIC (OTCQB: CICI) makes technology used in electronic signatures and document verification. Philip Sassower --age 72 -- is its CEO and chairman. In the past, he was CEO of Phoenix Enterprises LLC, a part of the Phoenix Group. In this deal, which ...
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Slideshow Fast-growing Greensboro firm poised to be an anomaly
Jerry Wass has in just a couple of years grown his leads-generating company, Anomaly Squared, from a concept to 300 employees, with plans to be at 500 by the end of the summer. The company may be branded as an anomaly, but the man behind it is certainly the epitome of the entrepreneurial spirit. As I photographed and chatted with CEO Jerry Wass at the new digs of Anomaly Squared in Greensboro, I ...
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Vista Equity Partners to pay $1B for Calif. tech company
Vista Equity Partners has agreed to buy out the shareholders of a California software company for about $1 billion. The Austin-based firm would pay $24.75 per share for Websense Inc. (Nasdaq: WBSN), the developer of software and provider of services designed to protect companies from cyber attacks and data theft, according to a Websense news release. The Websense board of directors have approved ...
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Huntington unveils new credit card
Huntington Bancshares has debuted a new commercial credit card that aims to make it easier for businesses to save money each month by streamlining invoice and expense payment workflow processes. The MasterCard-branded card combines online card and data management tools and provides a monthly rebate payment. Columbus, Ohio-based Huntington (Nasdaq:HBAN) is among the largest banks operating in ...
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Eight companies Spark Capital has backed in Boston
RunKeeper, whose CEO and co-founder is Jason Jacobs, is among the Boston-area companies with backing from Spark Capital. Boston-based Spark Capital may be best known for making investments outside its home city, such as Tumblr and Twitter. But Spark also ranks among the VC firms which frequently back Boston-area startups: Spark invested $25 million into Massachusetts-based firms in 2012, across ...
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Sprint extends special offer in attempt to keep US Cellular customers
Pedestrians walk by a Sprint retail store. Now that Sprint Nextel has completed its deal to purchase spectrum and customers from US Cellular, its next step is to offer credits in an attempt to keep those customers, according to a report by the Chicago Tribune. In November, when the agreement was announced, Sprint (NYSE: S) estimated that nearly 600,000 customers would be affected, but this most ...
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Top 5 More details on Bloom Energys big $130M funding
Bloom Energy's $130 million funding was last week's biggest venture investment in Silicon Valley and a little more detail about it was reported on Monday. Fortune reported that while it still isn't known who the investor was, an unnamed source provided it with some of the Sunnyvale fuel cell maker's financials. The report said that Bloom posted $42 million of pro forma revenue ...
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Idaho couple Sun Valley in Twitter tussle
BOISE, Idaho (AP) -- A central Idaho couple is suing the Sun Valley Co. and the Twitter social media site, asking a judge to bar the resort from using the Twitter handle ...
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Facebook One Year Later What Really Happened in the Biggest IPO Flop Ever
Reuters Uma Swaminathan tuned the television set in the living room of her ranch style home in the suburbs of East Brunswick, N.J. to CNBC. It was 9:00 a.m. on May 18, 2012, a day the retired schoolteacher thought might make her rich. She logged onto her Vanguard brokerage account on her computer and placed an order for 5,000 shares of Facebook at $42 a share. On TV, wearing his trademark ...
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Websense to go private after years of slow growth
(Reuters) - Websense Inc said it had agreed to be taken private by Vista Equity Partners in a deal that values the online security firm at about $907 million, a move that should come as a relief to investors after years of weak sales from its legacy ...
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Microsofts new Xbox to challenge Apple to Facebook in games
Amazon.com Inc. , which are introducing new software and devices for gaming. Microsoft's updated Xbox will use its Kinect sensor that can recognize faces and movements. The deice will also recommend content based on users' interests. The new Xbox will be in stores by the year's ...
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FIR against Facebook for objectionable page
An FIR was today registered against owners of social networking website Facebook for not removing an online community page created by some persons who have using it to "glorify" cow ...
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IPO involving Denvers Global Technology Resources called off
Greg Byles, CEO, and Glenn Smith, president, at Global Technology Resources Inc. in a 2010 photo. An initial public offering that would have led to the merger of Denver-based Global Technology Resources Inc. (GTRI) with two other companies has been called off. The IPO had been planned as a way to merge GTRI, an IT consulting firm, with San Francisco-based FusionStorm and Claremont, N.H.-based ...
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Arch Angels invest $3.1 million in Q1 rank tops among regional groups
Gil Bickel Weve reported previously that the St. Louis Arch Angels investing group was pretty active last year. Now, the group of local angel investors has been recognized for its flurry of activity in 2012. The Arch Angels were the top angel investing group in the Great Plains region for 2012, according to a report by the Angel Resource Institute. The Arch Angels were the most active group ...
Calcutta Spotlight
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Stephen Court disaster: any lessons learned?
Over 700 buildings in Calcutta are not compliant with safety regulations with regard to the risk of fire, and the Stephen Court disaster was a tangible example of what can happen when a fire breaks out in an unsafe building. Following that disaster, the local government seems to be taking a harder line on fire safety.
At 2.30pm on the 23 March, 2010, a devastating fire, allegedly caused by an electrical short circuit, ripped through the iconic Stephen Court building in Calcutta, destroying a large part of the 150-year-old office and residential block and killing over 30 people. Read more
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