Bloomberg Report: Zynga Rises in Debut After Raising $1B in IPO Zynga Inc., the largest maker of games for Facebook, was little changed in its first day of trading after raising $1 billion in an initial public offering that gave it a higher valuation than Electronic Arts Inc. (ERTS) The shares, listed on the Nasdaq Stock Market under the symbol ZNGA, gained 1 cent to $10.01 at 11:36 a.m. New York time. The developer of games such as “CityVille,” “FarmVille” and “Mafia Wars” sold 100 million shares for $10 each, the top end of an $8.50 to $10 range, Zynga said in a
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Steve Jobs “may never be equaled Passionate, prickly, and deemed irreplaceable by many Apple fans and investors, Steve Jobs made a life defying conventions and expectations. And despite years of poor health, his death on Wednesday at the age of 56 prompted a global gasp as many people remembered how much he had done to transform the worlds of computing, music and mobile phones, changing the way people communicate and access information and entertainment. “The world rarely sees someone who has had the profound impact Steve has had, the effects of which will be felt for many generations to come,”
Cloud Gaming Pioneer ‘OnLive’ Launches Breakthrough Service at ‘Eurogamer Expo’ in London London—22 September 2011 — OnLive, the pioneer of cloud gaming, launches its breakthrough on-demand video game service today at the 2011 Eurogamer Expo in London, bringing amazing new gameplay experiences to the UK. Gamers across the UK can sign up for free at www.onlive.co.uk and instantly play about 150 top-tier games via almost any broadband Internet connection on their HDTV, PC or Mac®, and soon on iPad® and Android® tablets. BT is the first internet service provider in the UK to offer cloud-based gaming to customers through its exclusive
Cloud Computing Startups Raise Big Money Startups have been an area of focus for this website, and not without reason. With cloud computing being such a new technology, there is a lot of innovation taking place. And startups are often the birthplaces of innovation. However, innovation, like most things in life, requires money, at least initially, in order to flourish. That is where venture financing comes into play. Thankfully for cloud computing startups, there are many financiers willing to back them. Here’s a recap of some recent developments in this area. Box.net: This is a company that I had covered
VMworld® 2011, the Leading Virtualization and Cloud Computing Event of the Year, Heads to Las Vegas and Copenhagen PALO ALTO, Calif., July 21, 2011 — VMware, Inc. (NYSE: VMW), the global leader in virtualization and cloud infrastructure, today announced that VMworld® 2011 makes its return to Las Vegas August 29th through September 1st at The Venetian and will also be held October 18th through20th at The Bella Center in Copenhagen. With more than 27,000 attendees expected worldwide, VMworld 2011 will spotlight VMware and the industry’s commitment to virtualization, cloud computing and the transformation to IT as a Service. This year’s VMworld
First cloud-based systems management and automation product for public and private cloud servers May 25, 2011 – Palo Alto, CA. ScaleXtreme, Inc., the first cloud-based systems management company, today announced the general availability of its early access product. Systems administrators and IT operations professionals who are interested in trying out a new way of managing their internal servers, new public cloud machines on Amazon EC2 or any other provider, can go to http://www.scalextreme.com, and create a free account to start using the product today. ScaleXtreme is a cloud-based systems management product, which for the first time allows systems administrators to
New HP Hybrid Delivery solutions make the cloud enterprise grade PALO ALTO, Calif., Jan. 25, 2011 – HP today announced a suite of new products and services that enable businesses and governments to leverage the power of the cloud while ensuring they meet required levels of security, performance and availability. Cloud computing is an important and growing platform for Instant-On Enterprises, where everything and everyone is connected. Instant-On Enterprises require IT environments that are flexible, automated and secure, and able to quickly adjust to changing demand. While cloud computing delivers benefits such as faster deployment of new services, reduction in
