For the first time since last summer, oil prices are ratcheting higher again. But unlike last year, when surging energy prices sparked an increase in investor interest among alternative energies, an oil price surge in 2009 might make life more complicated for cleantech startups. Oil on… Read More »
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Kevin Kelleher
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In the same way that there is an economic gap between rich and poor, there has emerged in the Internet sector a creativity gap. Instead of an upper class and a lower class, however, the creativity gap consists of a leading class and a lagging class.… Read More »
As Germany’s Solarstravaganza kicks off in Munich on Wednesday, we’re reminded of the role the country’s government has played this decade in nurturing the solar industry this far. Few companies understand that role better than First Solar, which receives about 62 percent of its… Read More »
Just how big a threat is the real-time web to Google? As Om has pointed out, real-time content marks a still-amorphous but important new phase of evolution in the web, allowing for the instantaneous discovery of newly added information. And Twitter and Facebook are
Pacific Ethanol, the corn ethanol producer whose future once seemed so bright it attracted a big investment from Bill Gates, continued its downward spiral today, a long and unprofitable journey that has now taken the company into bankruptcy courts. And things could get worse before… Read More »
While the recession had many predicting the IPO market would be largely non-existent in 2009, several new tech stocks listed on public markets during April and now in May. The companies squeaking out of the IPO queue, however, are mature, profitable and cash-rich. Their proceeds… Read More »
In a footnote to Amazon’s 2008 letter to shareholders, Jeff Bezos related this moment of Zen: At a fulfillment center recently, one of our Kaizen experts asked me, “I’m in favor of a clean fulfillment center, but why are you cleaning? Why don’t you eliminate… Read More »
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Duke Energy is keeping an eye out for distressed assets such as wind farms that other companies are willing to sell off in the sour economy, executives said in a conference call Tuesday held to discuss its earnings for the first quarter of 2009. The… Read More »
It was unkind irony that just as MySpace was reshuffling its leadership with the hope of reviving its fortunes, Yahoo quietly announced the end of GeoCities. It was as if the hand of fate overseeing Internet startups was offering MySpace an uncomfortable peek… Read More »
So where’s all the smart-grid money that’s supposed to pour into fancy new smart meters? According to Itron, a leader in the smart meter sector, it’s stuck in the pockets of slow-moving utilities. Liberty Lake, Wash.-based Itron said revenue in the first three months of 2009… Read More »
The Obama administration’s clean power stimulus spending is already lifting the earnings of utilities companies. Florida utility FPL Group thanked clean power and stimulus funds today for its solid first-quarter results, which investors responded to by pushing FPL’s stock up 6 percent. In a conference… Read More »
Come Wednesday, it will be Apple’s turn to discuss its results for the first three months of 2009. But among the crowd of Apple watchers, the discussion has been simmering for months, with the tone shifting from pessimism about recession-whacked sales to cautious optimism — especially… Read More »
General Electric is hoping to tap into $2 trillion worth of government stimulus spending over the next three years to beef up revenue in its energy infrastructure division, including renewable energies such as wind and thermal power. GE said Friday its toal revenue fell 9 percent… Read More »
U.S. demand for petroleum in the first three months of 2009 was the weakest in a decade as the ailing economy finally did what years of good intentions could not: make Americans spend less on oil. The American Petroleum Institute released a report Thursday showing petroleum… Read More »
CEOs are typically shy about talking about other companies during analyst calls; Google’s Eric Schmidt is even more bashful on this front than most. So it was interesting that when Schmidt was asked about Twitter this afternoon, amid reports that Twitter is shopping around… Read More »
Mechanical Technology, Inc., the Albany, N.Y.,-based parent of fuel-cell developer MTI Micro, said late Monday it’s voluntarily delisting its shares from Nasdaq. In a statement, MTI said its low share price (95 cents at Monday’s close) and the zombie-like trading activity – 21,000 shares a… Read More »
Everyone, it seems, it excited about the Palm Pre. Those who have been granted time to fondle the Pre praise its features, the press is welcoming it with a fanfare worthy of the iPhone, and investors have tripled Palm’s price to $9.42 as of… Read More »
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