Cloud Computing Frustrated, Three Banks Form Alliance To Forge Ahead Into Cloud Computing Frustrated with high maintenance costs, three of the world's largest banks are forming a technology buying alliance to forge ahead into cloud computing. According to Jeanne Capachin of IDC Insights , Bank of America, Commonwealth Bank of Australia, and Deutsche Bank are forming a technology buying alliance which they see as a way to reduce… Alex Williams View comments
Tips Lessons From a Non-Technical Co-Founder In our discussion of the closing of Devver earlier this week, we mentioned the problems the company faced by being created by two technical co-founders. Without a business-minded co-founder to bring passion to the non-techie parts of a startup, companies may struggle to keep up with both sides of the operation. WePay co-founder Rich Aberman is… Chris Cameron View comments
Location To Boldly Go Where No Gowalla Geek Has Gone Before What happens when the LBS-addicted leave the relative hustle and bustle of city life for the quiet of the countryside? Do you toss aside Gowalla, Foursquare, Brightkite and the like, only opening them when you venture into town and find a check-in? Or does the location-based game take on an entirely different meaning when you've entered the… Mobile Mike Melanson View comments
AOL AOL Sells ICQ for $187.5 Million Once upon a time, ICQ was synonymous with instant messaging. While ICQ doesn't have this kind of clout anymore, it is still very popular in Russia and other countries that use the Cyrillic alphabet. AOL bought ICQ in 1998 for $287 million, but the company has been trying to sell ICQ for quite a while. After a short bidding war between China's… Frederic Lardinois View comments
Analysis Shifting Platforms: What Mobile Can Do for Entrepreneurs During a graduate school entrepreneurship class, my classmates and I were challenged to come up with an idea for a mash-up or venture without describing it as "a website for (fill in the blank)." What I believe our professors were trying to teach us was that when forming an idea, you shouldn't anchor yourself to a specific platform. These platforms… Chris Cameron View comments