Alex Pinchev Of Red Hat Joining As CEO Of Partner Company

Alex Pinchev, Red Hat’s executive vice president of Sales, Services & Field Marketing, will be stepping down on January 16, 2012, to become the chief executive officer of a data protection...

Salesforce Snags Keith Block From Oracle For President Role

Keith Block has joined Salesforce as president and vice chairman. Most recently, Mr. Block was Oracle's executive vice president of North America for Sales & Consulting. Mr. Block will be leading the company's...

Cequel Data Centers Acquires TierPoint

Cequel Data Centers, a portfolio company of Thompson Street Capital Partners, Charterhouse Group, and Cequel III announced the acquisition of TierPoint, a regional provider of colocation, managed IT and cloud computing...

Etsy Gets Into Curation With New Pages

Handmade and vintage e-commerce site Etsy has launched Etsy pages, a feature that allows companies to create pages with items curated from Etsy. The company is collaborating with Martha Stewart Weddings, Lucky Magazine,...

NodeSource raises Series B round of $17.5 million

NodeSource, a San Francisco-based vendor for companies adopting Node.js, has raised $17.5 million in Series B funding.

Intel Announces Senior Notes Offering

Intel announced that it intends to offer senior unsecured notes under an automatic shelf registration statement on file with the Securities and Exchange Commission. The offering and the final terms of...

Microsoft Buys SyntaxTree

Microsoft has acquired SyntaxTree, developers of the UnityVS plugin for Visual Studio. UnityVS enables Unity developers to use Visual Studio to author, browse and debug the code for their Unity applications. The Redmond giant says it will make the existing UnityVS plugin available for free on its download site. The SyntaxTree team will be joining the Visual Studio division. The Unity cross-platform game engine is used by over two million developers.

WeTransfer Raises $25M

WeTransfer, an Amsterdam-based company that provides free file-transfer service to users, has completed a Series A round of funding from Highland Capital Partners Europe. The funding will be used to support the...

Toyota Joins Trusted Computing Group

Trusted Computing Group (TCG), an organization that develops open international industry standards, announced that Toyota Motor Corporation joined the organization. Through its membership in TCG, Toyota plans to ensure greater security and...

Plaintiffs Against Facebook Hire Former Member Of Clinton’s Team As Adviser

A group of seven plaintiffs filed a motion with the United States Judicial Panel on Multidistrict Litigation (JPML) to consolidate 11 related privacy class actions against Facebook, and transfer them to...

Amazon Publishing To Give Royalties To Fan Fiction Writers

Amazon has launched Kindle Worlds, a commercial publishing platform for writers to create fan-fiction, and earn royalties for doing so. Amazon Publishing has secured licenses from Warner Bros. Television Group’s Alloy Entertainment...

HP Chairman, Two Directors Step Down; Board Reshuffled

HP chairman Raymond J. Lane has decided to step down from his position as chairman. Two HP directors have also decided to quit the board. Mr. Lane will continue to be a...

CTS Restarts Thailand EMS Operations

CTS's EMS factory, located near Bangkok, Thailand, which was shut down due to major flooding in the fourth quarter 2011, has been fully restored and operational, says the company. Production for...

Spectrum Gets Paradigm Echos Software Suite

Paradigm announced that Spectrum  has selected the Paradigm Echos software suite as its corporate standard for carrying out seismic processing and imaging projects.  You can find more information on the contract...

Texas Instruments To Axe 1,700 Jobs Worldwide

Bad news for Texas Instruments employees focusing on the mobile market. The company will eliminate about 1,700 jobs worldwide, as part of a cost-reduction initiative. TI says it plans to focus investments in...