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Cisco Acquires Webex, Beefs Collaboration
Cisco plans to buy WebEx for $3.2 billion in cash. Under the terms of the deal, expected to close in the fourth quarter, Cisco will purchase all outstanding shares of WebEx for $57 a share. WebEx shares closed at $46.20 Wednesday on Nasdaq, and last I checked, it was at $56.45. I love this deal.
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The Education Problem: Raj Reddy (Part 7)
Raj continues discussing his new education program, and the key benefits it provides. SM: So this is going to be a state funded program? RR: The scaling can be anything, I can take a million people. This particular program scales because everybody gets their own computer. It is a wireless network campus, so all I
Turn Around Series: Jerry Rawls, Finisar (Part 8)
After confronting the realities of the new market, difficult decisions needed to be made. Here the “engineer” in Jerry proves very helpful as he tackles the issue, at least in some ways, as an engineering problem. Cutting costs and establishing new operating procedures required far reaching changes. Also, I find it impressive that Jerry did
Yahoo can kill Google AdSense for Content
I got an email from one of my readers, Todd, in response to the Viacom post: “Curious on your latest post – why do you lambast Google for ‘paying hopelessly little to publishers who use AdSense’, when it’s pretty clear from their financials that they pay out nearly 80% of ad revenue to adsense publishers?
Newspapers Losing Verticals to Online
Big chunks of the revenues of newspapers traditionally came from the verticals (Jobs, Classifieds, Personals, Real Estate, Cars, Travel, Events, Reviews). With the popularity of the online services ascending, and with huge investments made in each of those categories, the newspaper industry has been suffering, as ad dollars systematically flow out of print, and onto
The Education Problem: Raj Reddy (Part 6)
How do you take a new educational model, fund it and successfully convince students to enroll in your school? Raj answers all of these questions in this segment. SM: What is the model of Gurukulam? Is it foundational support? How are you financing the project? RR: The financing is very interesting; it is what we
Turn Around Series: Jerry Rawls, Finisar (Part 7)
Dramatic changes in the market had forced major fiber optic giants like Lucent into tough decisions. The market also proved to be volitile and unpredictable. Nortel, in desperation, offered Finisar its optics business. SM: Nortel had interest in survival. JR: Yes. We spent two weeks in Ottawa trying to figure out how we could assume
Viacom Confronts YouTube
Viacom (VIA) sues Google (GOOG) over YouTube. Read the WSJ clip: :: After months of negotiations that failed to produce any settlement, media giant Viacom sued Google and its recently purchased YouTube unit, alleging that the immensely popular video-sharing Internet site engages in “massive intentional copyright infringement.” The suit, filed in a New York federal
