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HP Makes Aggressive Start on Overhaul Plans

Posted on Monday, May 28th

Gartner’s global PC shipment report for the first quarter this year saw shipments in the U.S. fall 3.5% over the year to 15.5 million units. However, the market is relieved considering that Gartner analysts were projecting a fall of 6.1% during the quarter. Despite declining PC sales, HP seems to have walked out stronger. Gartner’s

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Genpact and Cognizant Expanding on Almost All Fronts

Posted on Friday, May 25th

According to the Everest Group’s first quarter report on the global outsourcing and offshoring market, transaction volumes for global outsourcing contracts remained flat for the quarter. Overall contract values grew 11% over the year to $3 billion. The report saw improved activity in terms of contract signing within the BFSI (banking, financial services and insurance)

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LegalZoom.com Flourishes, with Bumps on the Way

Posted on Wednesday, May 23rd

According to the U.S. Bureau of Economic Analysis, legal services in the country were a $266 billion market in 2010. There is a big demand for legal services by small and medium businesses. A study conducted by L.E.K. Consulting LLC revealed that in 2011, $97 billion was spent by the small businesses and consumers on

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Gogo Works to Capture More of a Nascent Market

Posted on Tuesday, May 22nd

Recently covered Boingo is working hard to get a footing in the air travel Wi-Fi space. It has to face tough competition from an existing airline Wi-Fi services provider, Gogo Inc. Illinois-based Gogo was founded in 2005 and now provides Wi-Fi services on nine major airlines in North America, including Delta, Virgin America, US Airways,

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Glam Media Prepares for IPO

Posted on Monday, May 21st

The vertical-focused media company, Glam Media, is moving fast toward their IPO. The Ad Network powerhouse, which earns revenues through advertisements, recently selected Goldman Sachs and Bank of America as lead bankers for the IPO expected to be out by the end of the current quarter.

Zynga Moves Farther from Facebook with Several Acquisitions

Posted on Friday, May 18th

According to the Global Online Gaming Report released by yStats.com, global online gaming revenues are projected to grow at an annual growth rate of more than 10% from 2010 through 2016. Within the U.S., social gaming will continue to grow and account for more than 40% of Internet users in the country. This is obviously

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After Rebuke, Groupon Works to Restore Confidence

Posted on Thursday, May 17th

Earlier this year, newly listed daily deals provider Groupon faced rebuke from accountants. The company had to revise their previous quarter’s performance because their auditors found significant issues, material weaknesses and missing internal controls in their financial statements. To repair the damage their reputation, Groupon has worked hard and for the past quarter delivered a

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Boingo Bringing Wi-Fi Under Ground and in the Air

Posted on Wednesday, May 16th

According to the recently released Cisco Visual Networking Index: Global Mobile Data Traffic Forecast Update, 2011-2016,  global mobile data traffic grew 2.3 times last year to 597 petabytes per month. The report estimates that the monthly global mobile data traffic will grow 78% annually over the period 2011 through 2016 to surpass 10 exabytes. Growth

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