There’s A Big Difference Between Using Facebook ‘At Work’ And ‘For Work’

fb-work2 If you’re an employer, how do you solve a problem like Facebook?
Roughly 61% of office workers use social media during the day and Facebook takes up a huge share of that surfing. Its highest traffic actually occurs mid-week between 1 to 3 pm. All told, this 1.5% drop in productivity adds up to 12 billion hours wasted per year with a cost of $650 billion dollars to the employee’s… Read More

As Box IPO Surges, Startup Community Reacts

Ashley Mayer from Box in front of the New York Stock Exchange on the morning of the Box IPO. Box’s IPO was never a normal deal. When Wall Street cooled to tech IPOs last year, especially involving firms that are subscription-based with high customer acquisition costs, the Box offering became the canary in the Wall Street coal mine. The general consensus was that if Box succeeded, other firms could follow, allowing Silicon Valley and its attached investor class to breathe… Read More

Microsoft Acquires Revolution Analytics To Bolster Its Analytics Services

6a010534b1db25970b01b8d0c62f08970c Microsoft today announced that it has acquired Revolution Analytics, an open-source analytics company with a strong focus on the highly popular R programming language for statistical computing. Microsoft says that it made this acquisition “to help more companies use the power of R and data science to unlock big data insights with advanced analytics.” The two companies did not… Read More

Harman Buys Symphony Teleca For At Least $780M And Red Bend For $170M

industrialinternet Harman, one of the world’s largest audio companies with brands like JBL, Harman Lardan, Infinity and many others under its wing, is now investing big in the technology and networking that goes into delivering data wirelessly. Today, the company announced two acquisitions that collectively put a dent of at least $1 billion in its coffers, but also position it to move… Read More

Kreditech Gets $200M Credit Line To Fuel Its Big-Data Based Consumer Lending Business

money cash Kreditech, the consumer finance startup that focuses on lending money to “unbanked” consumers with little or no credit rating, is today announcing a hefty line of funding that it will use to expand its business. It is getting a $200 million credit line from Victory Park Capital, one of the largest in the history of online lending services. Kreditech is not disclosing its… Read More

Clinical Study Software Platform goBalto Raises $12M In New Funding

 goBalto, a software company that wants to make running clinical drug trials easier and faster, announced today that it has picked up an additional $12 million in funding from Mitsui Global Investment and Dolby Family Ventures. Read More

Workestra Turns Your Mobile Push Notifications Into Organized Tasks

workestra A new application called Workestra for iOS, Android and Windows Phone turns your push notifications from various apps and services into tasks you can “snooze” or mark as done. The idea is to offer a more inbox-like tool for managing the various updates from your apps, allowing you to better control which sorts of notifications you want to see, and which accounts you want to see… Read More

British Authorities Drop Autonomy Accounting Inquiry, US Investigation Continues

Doing the books with computer, paper ledger and iPhone. The British Serious Fraud Office today dropped its investigation into accusations of accounting improprieties at Autonomy, citing insufficient evidence to continue the investigation, but it made clear that the US investigation would continue. “In respect of some aspects of the allegations, the SFO has concluded that, on the information available to it, there is insufficient evidence for… Read More