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Latest Headlines

Latest Headlines

Antuit acquires Prognos to strengthen its big data offerings to retail/CPG market

Antuit, a global big data analytics provider, announced yesterday its acquisition of Prognos, a Chicago-based analytics company specializing in the retail and consumer package goods (CPG) sector. This is Antuit's first acquisition since the company announced a $56 million investment infusion which mostly came from investment bank powerhouse, Goldman Sachs. 

News Scan: Goldman's top-secret messaging platform; NASA's breakneck cloud migration; More

The top news stories for August 28, 2014.

John Chambers: Cisco's move to SDN will take many years

Change comes at such a rapid pace, and the speed of innovation is so quick and so difficult to chart that the impact of that change may take years to assess. That's literally what Cisco's CEO said Wednesday.

Move by Goldman Sachs to 'unsend' email raises important questions about data ownership

An attempt by Goldman Sachs to have Google block access to a sent email raises some serious questions with regards to data access, especially given the widespread cloud deployment and pervasive state-level surveillance that we are seeing today.

Spotlight: Guavus on funding roll

Guavus Inc., started out the year with the acquisition of customer analytics company Neuralitic Systems. This week, it announced a successful funding round that attracted another $9 million and two new investors.

Alcatel-Lucent to use €1.6 billion in new financing to fund restructuring program

Alcatel-Lucent plans to use the €1.6 billion ($2.1 billion) in bank financing it secured last week to fund its €1.25 billion ($1.6 billion) restructuring program as well as the restructuring of unprofitable managed services contracts and exiting of geographic markets.

Comcast generates $2.3 billion in annual small business revenues

Comcast's small business communication services segment generates $2.3 billion in revenue, which is growing 30 percent to 40 percent top line, the firm's chief financial officer, Michael Angelakis, told an audience at the Goldman Sachs 21 st Annual Communacopia Conference this week.

Does Greg Smith's complaint about Goldman Sachs ring a bell?

Greg Smith's farewell note to Wall Street, "Why I am leaving Goldman Sachs," created waves last week not because the business culture he depicted was so jarring, but rather because he was so willing

Hackers compel Goldman Sachs, Morgan Stanley, other banks to collaborate

Security executives from Goldman Sachs, Morgan Stanley and other Wall Street firms are getting together this month to talk about a system for sharing information to detect potential cyber threats,

JP Morgan downgrades expectations for non-iPad tablet market

Another equity research firm has downgraded its expectations for the tablet market as Apple's (NASDAQ: AAPL) iPad continues to make inroads while rivals don't. JP Morgan (NYSE: JPM) said build plans