Evernote has secured $20 million in a Series C round of financing, the company announced today.
Sequoia Capital led the funding round, according to Evernote--a service that enables people to create, edit, and synchronize data across multiple devices and platforms. Morgenthaler Ventures and DoCoMo Capital, which previously invested in Evernote, also participated in the round. In addition, Sequoia Capital partner Roelof Botha will join Evernote's board of directors.
Getting Sequoia Capital's support is no small achievement. The venture capital firm is one of the most successful in the tech world. The company has invested in Apple, Cisco Systems, … Read more
"We think the 'open' versus 'closed' argument is a smokescreen for what's really best for the customers," Jobs said. "We think Android is very, very fragmented and becomes more so every day. We think this is a huge strength of our approach when compared to Google's. We think integrated will trump fragmented every time."
the definition of open: "mkdir android ; cd android ; repo init -u git://android.git.kernel.org/platform/manifest.git ; repo sync ; make"
Rubin didn't immediately respond to a request for comment. But if you're not up on your command-line interfaces, the tweet translates to making a directory, pulling in the Android source code, and building the operating system from scratch. In other words, exercising the full potential of open-source software, a pretty empowering idea for developers. … Read more
Advanced Micro Devices showcased its upcoming Llano chip today, a highly integrated design targeted at sleek computers.
At the AMD Technical Forum & Exhibition in Taipei, Taiwan, the chip supplier held the first public demonstration of its future AMD Fusion Accelerated Processing Unit (APU) codenamed "Llano." Due in the first half of next year, Llano integrates the main processor and graphics function onto a single piece of silicon and is targeted at ultrathin and mainstream laptops, among other designs.
IBM upped its 2010 earnings outlook after delivering a strong third quarter. The company showed strength in businesses ranging from services to mainframes to analytics.
The company reported net income of $3.6 billion, or $2.82 a share, on revenue of $24.3 billion, up 3 percent from a year ago (statement). Wall Street was expecting earnings of $2.75 a share on revenue of $24.13 billion.
For 2010, IBM projected earnings of "at least $11.40." That's a dime better than current Wall Street estimates.
VMware delivered strong third-quarter earnings and revenue as demand for virtualization continued unabated. The company also raised its outlook for the fourth quarter.
The company today reported net income of $85 million, or 20 cents a share. On a non-GAAP basis, VMware reported earnings of $165 million, or 39 cents a share. Revenue for the third quarter was $714 million, up 46 percent from a year ago.
Wall Street was expecting VMware to report earnings of 35 cents a share on revenue of $698 billion.
With Google Instant, the close link between the company's browser and search service is getting even closer--but Google wants to ensure that the Chrome-Google pairing isn't the only one possible on the Net.
If a proposal from the search giant catches on, browser users might, for example, be able to see Yahoo search results in Firefox--or more likely, Microsoft Bing search results instantly in Internet Explorer. The proposal, if accepted, holds the potential to help both Google and its rivals--at least if they can match the new Google Instant interface.
Google Instant shows search results as a person … Read more
The final stages of the squeeze are arriving: of the 4.3 billion Internet addresses possible with today's Net mainstream technology, 95 percent are gone.
That's the word Monday from the Number Resource Organization, a group representing the world's five regional Internet registries (RIRs) that dole out the numeric addresses.
"This is a major milestone in the life of the Internet and means that allocation of the last blocks of IPv4 to the RIRs is imminent," Axel Pawlik, chairman of the Number Resource Organization, said in a statement.
"That tablet thing? Yeah, we'll get back to you on that." That's a crude but fairly accurate encapsulation of the attitude Microsoft, Intel, and Advanced Micro Devices have toward the iPad and the tablet market in general.
Why the cavalier attitude? Before I defer to the opinion of an IDC analyst I interviewed (below), here's one pretty obvious reason I'll put forward. All three companies look at their revenue streams--traditional PC hardware and software on laptops, desktops, and servers--and come to the conclusion that the tablet is a marginal market. A deceptively accurate conclusion, because at this point in time--and even 12 months out--the tablet is marginal compared with the gargantuan laptop, desktop, and server markets.
And listening to both Intel's and AMD's earnings conference calls this week, it's clear that relative nonchalance is the prevailing attitude. While Intel's CEO did address the iPad directly, he later opined that the tablet "numbers...are relatively small in the grand scheme of the ship rate of the PC, notebook, and Netbook businesses." A variation on a theme he's stated during past conference calls. And AMD's CEO went so far to say that the tablet doesn't even warrant R&D spending yet.
At the other extreme is Apple's earnings statement (which, I submit, is as good a crystal ball as you'll get for future market trends), showing a brave new world that is moving to tablets in a significant way. According to figures cited by Apple in its third-quarter earnings, 3.27 million iPads were sold versus 3.47 million Macs. And that happened, mind you, in a matter of months. And iPad revenue? From zero in the first quarter to $2.17 billion by the third quarter.
So, am I being too harsh--or too simplistic--in judging Microsoft, Intel, and AMD by saying, it's the tablet, stupid? On Friday, I asked Bob O'Donnell, a program vice president and analyst at IDC, about the seeming failure of the PC camp to fully grasp the significance of the tablet. His response, more than anything, tries to put the Microsoft-and-Intel-just-don't-get-it argument in perspective.
First some raw numbers. IDC expects Apple to sell about 15 million iPads this year. All media tablets (including other brands) will be about one-tenth of projected notebook shipments, which are forecast at… Read more
The MacBook Air was announced in January of 2008. I've been using one day in and day out since February of that year. Amid rumors of an imminent update, I can't help but wonder whether Apple will address a few outstanding, albeit small, issues with an otherwise stellar design.
I've already stated, pretty much ad nauseam, that I like the Air. A lot. I've never used one design so consistently for so long. That, alone, is testimony to its eminent usability and close-to-perfect design. And I've used a lot of laptops over the years.
Heat: This is a given in any ultrathin design. And, let's be clear, neither Hewlett-Packard, nor Dell, nor anyone else has solved the problem. That said, there are technologies out there that can mitigate heat issues. And Apple, especially, with all of its design prowess, should be able to engineer a cooler ultrathin laptop. I have experienced times (admittedly pretty rare) where the Air is simply unusable because it gets too hot, slowing the system to a crawl.
Battery life: Again, a challenge for any ultraportable because the design, by definition, leaves little room for a big battery. Apple offered probably the best possible battery life for a sub-one-inch thick design when the MacBook Air was designed a few years ago (using a thin-and-wide battery enclosure). I get anywhere from 1.5 hours to four hours, depending on what I'm doing. But it's usually closer to a couple of hours than four hours. Apple opted to go with relatively high-performance, low-power processors. In other words, for the second-generation Air, Apple didn't use… Read more