Family robbed after teen posts photo of money on Facebook
On Thursday, a teenage girl posted a photo of a "large sum of cash" on Facebook. About seven hours later, two robbers arrived at her family's home. Unsurprisingly, this incident prompted local authorities to issue a warning about the dangers of posting photographs online. Read more...
Acquire, reward or revolutionize: thoughts on what Apple will do with its $100B in cash tomorrow
What Apple will do with its cash has long been a topic for discussion, with analysts and investment specialists going crazy predicting what it will do. Now, the company has announced that it will be talking about its decisions on spending its accumulated cash in a conference call tomorrow morning.
The most likely announcement is a dividend to shareholders, or stock buyback. Following that, the acquisition or large investment in technology of some sort. Perhaps Apple will acquire Twitter, the social network that it has so tightly integrated into its iOS and OS X operating systems.
Back in June of last year I speculated that Twitter had scored itself an immortality clause due to its integration deal with Apple. Read more...
Could Facebook IPO help it dominate Google?
With the Facebook initial public offering (IPO) now official, industry and financial analysts say that a huge influx of cash could enable the social networking company to topple Google from its dominant position in the online world.
Facebook had been expected to file its IPO papers with the U.S. Securities and Exchange Commission this week, and it did just that late yesterday afternoon. Analysts and potential investors were eagerly awaiting what is one of the largest IPOs in recent years.
With an expected valuation of $100 billion, financial analysts say the IPO is worth about $5 billion. That's a big potential war chest for a company that has been fighting for social networking users and advertising dollars with the largest Internet company on Earth - Google. Read more...
Mobile, cloud, and big data pros in high demand for 2012
Recession-fueled stagnation is slowly drawing to an end as U.S. companies are signaling they're ready to sink some cash into growth and emerging markets. That spells opportunity for certain IT professionals: Companies are looking to hire and retain those who are skilled in areas such as mobility, cloud computing, software development, and big data.
Such is the big picture painted by two separate reports released this week. One comes from research company Hackett Group, titled "2012 IT Key Issues: Coming to Terms with the 'New Normal'." It identifies Global 1000 companies' key priorities for the year. The other is IT staffing company Bluewolf's "2012 IT Salary Guide," which provides an in-depth look at IT salaries and hiring trends. Read more...