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All Posts Term: Technology
72 post(s) found

Top 7 Worst Venture Capital Investments

Webvan

Webvan (Photo credit: Wikipedia)

A few things were never intended to be, yet that does not imply that buyers won't stack millions of pounds on a bad idea - or perhaps a great idea that went bad. Whether or not they slumped and ripped or pulled investors dry, these investment strategies simply failed to work.

Amp'd Mobile: Amp'd Cell stands top for cash burning, with $360 million being ended up in bankruptcy. Their main concern was its clients' capability to invest.  Whilst various other cellular companies verify for a capability to pay expenses in a month time, the company allow it until 3 months and promoted to those risky clients. It has been noted that 80,000 of its 175,000 clients were not able to pay their expenses.

Procket: This was one of the highly valued telecom companies in the U.S. The company had $272 million in capital along with a worth of $1.55 billion however was eventually bought by behemoth Cisco Systems Inc. for a deflating $89 million.

Webvan: Webvan had been a grocery delivery company which served 9 metro cities. However, in 2001, the business went bankrupt once it made plans to expand to 26 more cities with $1.2 billion budget. Regardless of millions in product sales, their collapse was due to a money-burn which surpassed product sales development.  Significant buys included $1 billion for manufacturing facilities, business servers and much more than one hundred Aeron chairs.

5 Of The Most Influential Young Entrepreneurs

More and more young people are coming up with innovative and million dollar ideas and brands. It is an incredibly exciting time especially in the social media sphere with countless gaps in the market and marketing strategies. In this interesting article we look at 5 of the most influential young entrepreneurs and their young entrepreneur stories and while reading their stories of success, we will near hand to face and slap ourselves for not thinking about their idea before they did.

Facebook Sees Possible Problems From Future IPO

DAVOS-KLOSTERS/SWITZERLAND, 30JAN09 - Mark Zuc...

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Social media giant Facebook is slated to IPO in the spring or early summer of 2012, and this change will carry the requirement of public financial records. According to some experts, the company could possibly see a $10 billion gain at a valuation of up to $100 billion. The company has not yet chosen a specific bank for this endeavor, and some financial experts wonder how the IPO will affect the way Facebook does business in the long run.

First Solar To Miss Funding Deadline

President Barack Obama talks at the DeSoto Nex...

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First Solar stated that it will not meet its federal funding program deadline for its big solar power facility in California. As a result, its shares came crashing down to their worst level in the last four years.

In response, the announcement that was made by First Solar has been highlighted by the Obama administration once again in its advocacy of solar energy. It has been the center if Republicans’ rage since the shutdown of Solyndra, a solar company that was situated in Silicon Valley. Solyndra has earned about $500 million worth of funding but still crashed down.

Last June, First Solar has acquired the approval of the U.S. Department of Energy for a loan that sum up to $1.9 billion. It will guarantee the establishment of the 550-megawatt Topaz plant. However, they said that it was not able to process all the needed documents under the loan program of the energy department before its September 30 deadline. Experts stated that the energy department’s effort to process the loan was burdensome and thorough than what banks suggested. It has set-up the Republicans’ claim that the Obama administration tends to hasten the approval of funding.

Solar Renewable Energy Seeks For Further Funding

GAINESVILLE, FL - APRIL 16:  Dustin Rodgers, w...

Image by Getty Images via @daylife

These days, solar renewable energy has been one of the best alternatives in the ongoing energy crisis, and more agencies and services are eyeing to fund it and improve its overall capacity.

Several agencies from all over the world have taken their concerns about solar energy to another level. They have stated that solar energy can be the ultimate alternative for the energy crisis being felt all over the world. It uses sun as the primary source of energy, which in return, can give electricity to different industries and businesses.

Should I Invest in Google?

Google is a popular internet search engine that was established in 1996. In 2004, Google began providing shares for trading on the NASDAQ stock exchange. It is a publicly traded company; therefore, trading with Google, which goes under the symbol GOOG, is exactly the same as investing in other stocks that are available in the stock exchange. Google named itself in 2015 and is now known as Alphabet Inc. The stock recently traded as high as $768 a share near its all time high.


Many people today wonder if investing in Google is a good idea. Google has become a part of everyday life for most people. If you need to search a particular subject on the internet, you probably will Google it. Most experts on investing say that it is a good idea to invest in a company that you are familiar with. Google certainly fits that description.

5 Websites Where you can Track Your Spending

Historical government spending in the United S...

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Trying to get ahead financially is a huge challenge for many people. The easy solution is to make more money. Of course, if it were that easy, you wouldn’t be reading this article right now. However, if you can learn to work with what you have, and make some changes to your financial habits, then you can get ahead. Here are five websites that can help you track your spending so you can take control of our finances.

Dell Inc. (DELL) Hits 52-Week on Service Deals

The Dell Diamond located at 30.5274° -97.6305°...

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Dell Inc. is a leading designer and manufacturer or Information Technology products and services based out of Round Rock Texas. I recent number of service plan deals on the corporate level have allowed the company to expand its earnings and gotten the attention of investors. The company has a market cap of 32.09 Billion with a recent new 52-week high price of $17.15 a share. Still not offering a dividend, the company once known for growth might be a growth company once-again.

Dell's Acquisition of Compellent Technologies for $800 million

Dell's Acquisition of Compellent Technologies for $800 million

In February 2011, Dell successfully completed its acquisition of Compellent Technologies, Inc. Compellent is a leading provider of innovative storage solutions on the web with automated data management capabilities. The shareholders of Compellent also agreed on the terms of the acquisition during a stakeholders meeting.

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