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 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'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.
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
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,
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
Goldman Sachs (NYSE: GS) revealed a $450 million investment in Facebook last week, and yet the investment giant still blocks its employees from using the social networking site. Goldman Sachs is in
If you listen to some of the experts, there's plenty of talk that the dark, blustery days of 2009 are about to end, and there are signs that the recession may soon be over. While there are some
Wall Street investment banking firm Goldman Sachs has taken a survey of the IT industry,and predicts that a spending recovery should be in the works for 2010. Goldman said its survey of IT
A former Goldman Sachs executive dipped into the company's data base and allegedly stole quite a few secrets. He allegedly took propriety computer programs that the financial giant uses to make rapid