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RIP webOS: Again and for good this time
MacDailyNews

[cfsp key="google_adsense_300x250"]After “HP reshuffled its management [they] decided to make webOS open-source to keep the platform from going the way of the dodo,” James Kendrick reports for ZDNet. “It would offer webOS to the world for anyone to use, and keep the team intact to make a serious effort.” “Now comes the word that Google has poached the core Enyo team from HP, to end up doing who-knows-what at Google,” Kendrick reports. “Odds are it won’t be bringing Enyo, the application framework behind webOS, into the Android effort.” Kendrick reports, “Whatever these smart folks end up doing for Google, their departure pretty much puts the kibosh on the open-source webOS effort no matter what HP says. HP is not in a position to make a serious run at the webOS open-source effort. Having just announced the impending layoff of 27,000 employees, HP must be the worst place to work in any industry… It’s a safe call to say that webOS is

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Cisco’s Storage Trap
Twilight in the Valley of the Nerds

Recent commentary from Barclays Capital analyst Jeff Kvaal has me wondering whether  Cisco might push into the storage market. In turn, I’ve begun to think about a strategic drift at Cisco that has been apparent for the last few years. But let’s discuss Cisco and storage first, then consider the matter within a broader context. Risks, Rewards, and Precedents Obviously a move into storage would involve significant risks as well as potential rewards. Cisco would have to think carefully, as it presumably has done, about the likely consequences and implications of such a move. The stakes are high, and other parties — current competitors and partners alike — would not sit idly on their hands. Then again, Cisco has been down this road before, when it chose to start selling servers rather than relying on boxes from partners, such as HP and Dell. Today, of course, Cisco partners with EMC and NetApp for storage gear. Citing the precedent of Cisco’s server incursion, one could make t

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EQUITY UPDATE – 2 JUNE 2012
rsquaredanalytics

INDIA According to RBI deputy governor K.C.Chakrabarty, fall in rupee due to weakness in economy or due to global factors cannot be supported. The deputy governor added that government should tackle the budget deficit issue to stem fall in rupee due to fundamental factors. (The Hindu Business Line) Deutsche Bank sees 6.5 per cent GDP growth in FY12-13. (Economic Times/PTI) Powergrid Corp – Co. approved proposals to invest around INR 3422.40 cr in various projects in India. The investments involve projects in southern region of India, a transmission system and setup of fibre optic communication systems. (Economic Times) As crude oil prices declined below USD 100 a barrel, Indian oil marketing co.’s were urged to reduce prices of fuels by more than INR 2 a litre. (Economic Times) Wipro InfoTech – Co. won a 10 year contract from Manipal hospital for providing information systems. (The Hindu Business Line) Crisil – Co. buys UK’s Coalition for INR 250cr. (Financial Express) Suzuki Mot

How Apple’s cash hoard gets to $200 billion by next year
Fortune Tech: Technology blogs, news and analysis from Fortune Magazine
HP’s New Software Chief is a ‘Turnaround Specialist’
Dice Blog Network

Hewlett-Packard has named Bill Veghte chief operating officer and George Kadifa head of its software division. HP software engineers should keep a keen eye on Kadifa, a man who Business Insider describes as a “software company turnaround specialist” — in other words, a potential hatchet man. Kadifa comes from private equity firm Silver Lake Partners and his previous IT experience includes stints at Oracle and hosting provider Corio, which was purchased by IBM. He’s replacing Veghte, who previously led the software unit — an area HP has wanted to expand. But with Kadifa in the post, it’s unclear how much growing will take place. Veghte will continue to lead Autonomy, which the company acquired last year for $10.3 billion. Autonomy’s co-founder and CEO Mike Lynch, however, wasn’t as lucky in the restructuring. He was one of the first to go. Lynch’s exile set a chain reaction in motion, with about 250 of the company’s 2,000 emplo

HP, Oracle, Microsoft prep for cloudapalooza
GigaOM
Why are blue-chip tech stocks so blue?
Fortune Tech: Technology blogs, news and analysis from Fortune Magazine
Birds of a feather
Bell Book Candle
Mitt, Meg & Trump The New Age Firing Squad
Davey D's Hip Hop Corner-(The Blog)
Yanmar Engine 6CHL- TH / used marine diesel engine for sale
Marine Engines & Spares
HP, Adding Jobs, Cutting Jobs – But The Question Will Not Go Away, Where Will the Jobs Be?
First Friday Book Synopsis
Thursday May 31, 2012 Pay to Stay or Leave
Jim's Senior News

Welcome. I tend to get upset when I read the GOP House and Senate want to do away with Medicaid and food stamps, privatize Social Security and Medicare, Eliminate many of the deductions that benefit the middle class and reduce taxes on the wealthy, the 1% ers. I do not begrudge anyone for making money. I congratulate you for getting to where you are. What bothers me is most of you made your money by reducing your workforce thereby making existing employees work longer hours for less money. You have reduced your employee benefits and in many cases eliminated them completely. You have closed money making businesses in the United Sates and moved these companies overseas so you could make a few more bucks in profits and then sell your products to the same people whose jobs you eliminated. What is funny is these people buy your products. Tuesday I wrote about the article “How the Job Creators Really Spend Their Money” You know the group of individuals that are rallying around Willard Mitt R

US Planned Layoffs Jump 53%: Challenger Report
THE INTERNET POST

Job cuts jumped by 53 percent in May from April in the United States, with Hewlett-Packard’s layoffs propelling the computer industry to the top spot among the biggest job cutters this year, a report by consultancy firm Challenger, Gray & Christmas showed on Thursday. Employers announced plans to cut 61,887 staff from their payrolls in May, 67 percent more than in the same month of last year. The figure represents the most job cuts since last September. CONTINUED HERE

Do You Want to Change the World? – Technology and IT Jobs News and Advice
Ye Olde Soapbox

Art of the Start-Up May 29 2012 Do You Want to Change the World? By Joseph Walker   ·         Do You Want to Change the World? ·         Seven Reasons Not to Join a Start-Up ·         May the Equity Packages Be Forever in Your Favor   Apple, the world’s most valuable corporation by market capitalization, was founded by two long-haired hippies in a garage. Steve Jobs had a big vision for how computers could redefine contemporary society. His partner, Steve Wozniak was an electronics whiz and computer programming savant who quit a safe and well-paying job at Hewlett-Packard (another garage start-up) to help Jobs change the world. And that’s exactly what they did. The start-up life, characterized by all-nighters, in-fighting, and improbable dreams, occupies a special role in the American consciousness. It plays to an innate conception of a meritocratic society in which hard work and daring are rewarded with riches, fame and power. Bill Gates and Mark Zuckerberg could have stay

Google Hires webOS Enyo Team Members from Hewlett-Packard
Dice Blog Network

Google has hired away from Hewlett-Packard the team leading the Enyo HTML 5 development project, the application framework that debuted on the TouchPad. A version 1.0 is slated for release later this year. Google hired the half-dozen or so people — who reportedly include project leader Matt McNulty –  individually, not en masse. (We should note that Google did not acquire the webOS technology, though HP has reportedly been seeking a buyer.) However, a blog post on the Enyo website says that the majority of the engineering and leadership team are staying put: The core of Enyo 2 is solid. We’re hearing great things from developers about the performance improvements in the last release, and we have another release on the way….we’re hiring — not just to replace the engineers who have left, but to increase the size of the team going forward. In December, HP said it would take webOS open source, continuing to be active in development and support. But 275 webOS employees wer

HP Appoints Kadifa to Head Software Unit
Wirth Consulting

Hewlett-Packard has appointed George Kadifa to head its Software unit. Kadifa takes over from Bill Veghte, who was previously vice president of HP’s Software unit, and is now chief operating officer. Kadifa, who is now VP for the Software unit, is a 30-year veteran of the IT industry. He’ll report to HP President and CEO Meg Whitman, and will join the HP executive council. As VP for Software, he’ll lead HP’s multibillion dollar IT Performance Suite software portfolio, which enables enterprise IT organizations to manage and secure IT from applications to infrastructure in the cloud and on premise across platforms. Kadifa joins HP from Silver Lake, a global technology investment firm with more than $14 billion of assets under management, where he most recently served as operating partner for the Value Creation Team. There he was responsible for driving operational improvement and growth in a wide range of enterprises within the 24-company portfolio of the firm’s large-c

“Job Destroyers, Inc”: More Bad Company For Mitt
mykeystrokes.com

It’s apparently not enough for Mitt Romney that he’s holding a Vegas fundraising event tonight featuring Newt Gingrich and Donald Trump, just as the latter political werewolf is reviving his birtherist act. Next up, in California, Romney’s doing a high-dollar event with everyone’s favorite failed political robot and job destroyer: yes, Meg Whitman! In case you (like me) have tried very hard not to think about eMeg since the last of her mind-numbing, soul-deadening 2010 gubernatorial campaign ads faded from the air, she’s been back in the news as the CEO of HP, doing what she does best: laying off employees. Here’s an assessment of her brief but destructive tenure at HP by SiliconBeat’s Chris O’Brien: Listening to the Hewlett Packard earnings call was an exercise in the surreal today. CEO Meg Whitman started the call with a cheerful anecdote about some really neat-o gizmo she saw at HP. Just the sorta whiz bang stuff that’s gonna get HP back on its feet in no time! She’s never been more

HP names new COO, taps outsider to lead software unit
GigaOM
Open Letter to Meg Whitman
A Decent Respect

The open letter examines a case of strange bedfellows, all knotted up, in the BDS (see below) campaign against Israel. HP is the client of Texnology Inc., whose president is active in ISM (International Solidarity Movement); This past week, she called for a demonstration at the Harvard graduation to protest US House vote to fund Iron Dome anti-missile system. HP itself is a long-standing target of BDS. Dear Ms. Whitman, It’s a curious juxtaposition. On one hand, Hewlett-Packard is a target of the BDS (Boycott, Divestment and Sanctions) campaign, that potent and diffused instrument of an economic and propaganda war that seeks to isolate and enfeeble Israel. And on the other, we see that HP has a prominent place, as a high profile client, on the web site of a company called Texnology Inc. (http://texnology.com/ ), a service provider of publishing software. So where is the contradiction? The rub is that Texnology’s owner, Amy Hendrickson, uses its resources – its e-mail server

Apple shines, beleaguered Dell and HP struggle
MacDailyNews

[cfsp key="google_adsense_300x250"]“Lackluster performance from computer makers Dell and HP this summer should leave investors rebooting. While all hardware makers are circling the drain; Apple’s recent price decline stands out as a buying opportunity,” Robert Weinstein writes for TheStreet. “Every conversation about HP’s turnaround includes Whitman’s success at eBay. My recollection of eBay during Whitman’s tenure was of constant complaint from eBay sellers about leadership,” Weinstein writes. “While it’s clear Whitman took a small headless company and turned it into a leader, the level of competition was relatively low. The single biggest factor in eBay’s success is the critical mass of users it enjoys… If Dell reports well in three months I will once again look for a buying opportunity; otherwise I won’t hold my breath for a full recovery any time soon.” Weinstein writes, “Apple’s recent