Technology Start-Ups, Mergers & Acquisitions

Engin Sezici

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Top Stories by Engin Sezici

Despite Google's $159 billion market cap - or rather, one suspects, because of it - Jimmy Wales, the guy who created - for better or worse - Wikipedia, figures Internet search is broken - because it's proprietary - and needs to be reinvented, freeing "the judgment of information from invisible rules inside an algorithmic black box."  (Odd, he questions the biases of algorithms more than Wikipedia articles. Hmmm.) This was the news story late this summer that summarized Jimmy Wales mega aspirations to directly compete with Google. Anyway, back in the beginning of 2007 he set up a LAMP-based project called Search Wikia to build a new for-profit search platform out of open source search protocols - like the open source Lucene search engine widgetry - and Wikipedia-like human collaboration. Later, he acquired the Grub web crawler - dusty shelf-ware for the last few years ... (more)

Adobe Hits Record Revenues

Adobe earned $222.2 million, or 38 cents a share, up 21%, on record fourth-quarter revenues of $911.2 million, up 34% year-over-year, exceeding the company's revenue target of $860 million-$890 million. It attributed the results to Acrobat, its Creative Suite 3 products and momentum in its enterprise business. Creative Suite 3, which started coming out in April, includes upgrades to Photoshop, Illustrator and software acquired with Macromedia like Flash, Dreamweaver and Fireworks. On a non-GAAP basis Adobe earned 49 cents in Q4, a penny more than Wall Street expected. This quarter ... (more)

SYS-CON Media Founder Featured on the Cover of Forbes

In his "A Publisher's Ethics" blog entry Blankenhorn writes "SYS-CON is one of the most powerful computer publishing companies in the U.S. While rivals Ziff-Davis, CMP and IDG have fallen on hard times while paying editors well and preaching the value of ethical journalism, Kircaali has become the industry's low cost provider. In the poverty that is 21st century computer publishing, Kircaali's strategy has made business sense. He has delivered large quantities of papers and low ad rates." He is correct in identifying SYS-CON as one of the most powerful technology media companies ... (more)

Did John McCain Add a New $3,000 Bogner Jacket to His Wardrope?

Last couple of days as I watch the election coverage on CNN I could not help recognizing my five year-old Bogner jacket Senator McCain has been wearing. Well my jacket has been to India and a few long trips, got dry cleaned a dozen times, and a little beat up, but it looks like the same jacket looks to me. Well, if it's the same jacket which I own then I tell you RNC is hard at work dressing up the Senator as well, since from what I remember he is wearing a$3,000 Bogner jacket. After all, I am one of the next door neighbors of Senator McCain's old friend Mr. Keating in the Baham... (more)

Steve Jobs Pissed Off at IDG Once Again, Decides to Kill Macworld

This is not the first time Jobs is having hissy fit over Macworld and its producer IDG World Expo. A few years ago when a genius IDG guy decided to move Macworld Expo East from New York City to Boston to save a few bucks, Steve Jobs was reportedly on the phone cursing every letter in the alphabet, and threatening to pull out of Macworld. At that time Jobs and IDG kissed and made up. I don’t know what happened today for Jobs to lose it and declare Apple is done with the Macworld Expo again.  I don’t believe Apple can afford to do what they announced today, their decision to kill M... (more)