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Techworld Australia News
Updated: 1 year 15 weeks ago
Facebook may end up being the biggest name on the IPO calendar this year, but it's also part of a trend in which technology, and particularly Internet companies, are outpacing public offerings from businesses in other sectors.
Facebook's IPO filing lays out a pretty good image of where CEO Mark Zuckerberg wants to take the company: He sees the social network as having significant historical value to the economy, governments and -- he hopes -- to every person connected to the Internet around the world.
Vocus Communications (ASX: VOC) forecasts that its revenue in the first half of FY2012 will be $21.9 million, up from $13.9 million in the previous period.
The landmark ruling by the Federal Court, which found Optus did not breach copyright by broadcasting NRL and AFL matches via its new TV Now service, has cast a doubt over the financial viability of internet broadcast rights.
Although Facebook (FB - to be traded on NASDAQ or NYSE) is by far the most high-profile dot-com company to go public over the past year, it is actually one of several companies that have led to a revival of web company IPOs. And while many dot-com IPOs have been long on hype, they haven't yet paid off in terms of shareholder value.
"It doesn't matter how good or bad the product is, the fact is that people don't read anymore ... Forty percent of the people in the U.S. read one book or less last year."
Enterprises can track assets all over the world using one M2M (machine-to-machine) device with both CDMA and GSM radios, announced on Thursday by Sprint and partner OnAsset Intelligence.
World Tech Update
Half of all Fortune 500 companies and major U.S. government agencies own computers infected with the "DNS Changer" malware that redirects users to fake websites and puts organizations at risk of information theft, a security company said today.
If the presidential election were determined by how fast the candidates' Web pages download, President Obama would lose to any of his Republican challengers, according to a review by the president of Web optimizing vendor Strangeloop.
Qualcomm this week revealed a key step in enabling voice calls over LTE handsets. Working with Ericsson, the chipmaker says it recently completed the first voice call handover between LTE and 3G networks, and will showcase the achievement later this month at Mobile World Congress in Barcelona.
I've always wanted to be responsible for physical security. I never understood why the security of computers, networks and data is managed by a different department than the security of doors, windows and cameras. The same principles apply in both worlds. And let's face it: Physical security is actually run on computers. So I think it's perfectly natural for information security to own it.
Advanced Micro Devices has put the brakes on adding more cores to its server chips, stopping at 16, the company said Thursday during a financial analyst day.
VeriSign, the company responsible for guiding most of the world's Internet users to the correct websites and once the largest encryption certificate issuing authority, has acknowledged that it was successfully hacked several times in 2010.
Google Docs users can now get offline access to documents on their Android-based smartphones and tablets, Googlesaid in a blog post on Wednesday.
Google is directing users to localized country domains on Blogger to provide it flexibility to comply with content removal rules in various countries.
India's Supreme Court on Thursday ruled that 122 mobile licenses awarded across 32 service areas in 2008 should be cancelled, giving a new dimension to investigations into alleged malpractices and corruption in the allotment of the 2G licenses.
Sony said Thursday it now expects to lose nearly $US3 billion in the current fiscal year through March, over double its target from just three months ago, as it books expenses related to the sale of its share in its LCD joint venture with Samsung and the effect of flooding in Thailand.
China, one of the world's largest Internet markets, could be out of reach of Facebook because of the Chinese government's strict censorship policies, the company said in its filing on Wednesday for an initial public offering (IPO).