Facebook will put in its papers to IPO next week, according to the Wall
Street Journal Friday, maybe by Wednesday February 1. Apparently the timing
is still a bit up in the air but it’s in the works.
The offering, looking top raise $10 billion, is supposed to value the company
at somewhere between $75 billion and $100 billion.
Britain’s Telegraph said PrivCo claimed Thursday night that Facebook was
targeting an IPO price of $38-$40 for its shares, with a target value for the
company of $90 billion-$95 billion because Facebook was “reluctant to aim
for the full $100 billion valuation in the hope of leaving some value for
investors following the listing.”
Morgan Stanley is tipped to take the company out with Goldman Sachs, which
orchestrated a sloppy $1.5 billion private placement of Facebook shares a
year ago, getting a piece of the action. That placement valued Face... (more)
Joyent's SmartDataCenter IaaS platform is going to be sold to Italian VARs
and service providers by ICOS, an Italian value-added distributor, for
private cloud infrastructure or value-added private cloud services.
SmartDataCenter's local storage is supposed to reduce the TCO of cloud data
centers.
It's designed to manage tens of thousands of virtual machines, a k a
SmartMachines, and supports a multi-tenant PaaS.
ICOS means to develop its own cloud infrastructure for channel partners too
so they don't have to build their own cloud data center.
JoyentCloud.com delivers public clo... (more)
Amazon's cloud, which, let's face it, is still pretty much developer turf,
broadened its push into the enterprise Wednesday with the introduction of AWS
Storage Gateway, a beta virtual appliance nominally meant to automate
enterprise data backup to S3 while creating a comfort level with the cloud
among the leery.
It's the first time Amazon has proposed putting its own software on the
ground inside a corporate data center. And the stuff's targeted at large
corporations. Amazon says some customers asked for such a solution. It also
expects resellers to offer the service.
It is of... (more)
Intel last year bid billions trying to get the Nortel patents. Thursday
RealNetworks said Intel was paying it $120 million cash for 190 "foundational
media" patents, 170 patent applications and next-generation video codec
software good for stuff like streaming.
The IP is apparently supposed to brace Intel's Ultrabook, smartphone, tablet
and digital media interests.
Intel's also picking up Real's video codec engineering team.
Real retains "certain rights to continue to use the patents in current and
future products."
RealNetworks and Intel signed an MOU to collaborate on future s... (more)
Apple has taken the International Trade Commission's month-old decision
finding HTC's Android gismos infringe only one of the patents it asserted and
letting it ship the products while it fixes the problem to the Court of
Appeals for the Federal Circuit (CAFC).
The patent-watching Foss Patents blog says Apple quietly lodged the appeal on
December 29.
The blog learned from an Apple filing with the United States District Court
for the Northern District of Illinois in a case against Motorola Mobility
that the ITC's administrative law judge had sided with Apple and found HTC
guilty... (more)
David Lucas
Cathy Lopez
Shaul Efraim
Terence Martin Breslin
Cory Marchand
David Hughes
James Carlini
John Iffert
Dan Stolts
Joe Zeto
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