ZDNet writes that “[v]enture capitalists are having a confidence crisis as dwindling exit opportunities and a weak economy conspire to put the kibosh on returns. According to the Silicon Valley Venture Capital Confidence Index the second quarter registered a reading of 3.07 on a 5 point scale, down from the [...]
Today's story about Google building a better XML, or at least a specific data interchange format for certain uses, is the pitch perfect story to illustrate why governments must not mandate specific standards, and instead focus on a goals based approach.
The Register reports that “[s]mall computer outfits could see VAT rates slashed to as low as five per cent under new proposals put forward by the European Commission yesterday. The EC, which is the executive arm of the European Union, said it wants to relax value added tax and state [...]
The International Herald Tribune has an interesting article today on the negative consequences of Internet outages in an age when “[c]ompanies like Google want us to store not just e-mail online but also spreadsheets, photo albums, sales data and nearly every other piece of personal and professional information.” The Seattle [...]
The Wall Street Journal reports that “International Business Machines Corp. said it agreed to buy Platform Solutions Inc. in a deal that eliminates litigation and a potential competitor for its lucrative mainframe business. IBM didn't disclose what it is paying for Platform, a venture-capital backed, Sunnyvale, Calif., company with about [...]
