In the tsunami of experimentation, investment, and deployment of systems that analyze big data, vendors have seemingly been trying approaches at two extremes—either embracing the Hadoop ecosystem or building increasingly sophisticated query capabilities into database management system (DBMS) engines.For some use cases, there appears to be room for a third approach that lies between the extremes and borrows from the best of each. Read more at GigaOM Pro »
Financial institutions have a lot of data — as in multiple petabytes– so storing that data for use in new products and for regulatory compliance will move to the public cloud. Read more »
While we follow how SolarCity’s stock fares on its opening debut at $8 per share, here’s some photos of the company ringing in the opening of the NASDAQ. Read more »
Nasdaq OMX is offering a new service called FinQloud for financial services clients that want to store regulatory data or analyze trade data using on-demand resources. Built atop Amazon Web Services, the service seems to be the result of a close partnership between the two companies. Read more »
European technology companies looking to go public usually desert their home turf and head to the U.S. — creating an echo chamber that has made some local investors angry. Now reports suggest that the British government may be trying to reverse that trend. Can it work? Read more »
No more need for price speculation, folks. Facebook just put out amendment S-1 filing number 8, which sets its IPO price at $38.00 a share. Get your checkbooks ready. Read more »
Neil Rimer of Index Ventures thinks one of the big problems for European startups — the lack of local exit opportunities — is all of its own making. But who has the guts to take up his challenge and go public in London? Read more »
The woes of battery maker Ener1 keep piling on. Following on the heels of its loss on electric car maker Think, the company’s CEO stepping down, and its planned restatement of its earnings, Ener1 has now officially been delisted from the Nasdaq. Read more »
Hackday.tv, which takes place September 10 and 11 in New York City, will bring together startups and developers in the online video and connected TV space. The event is focused on creating applications to advance content and distribution in the new digital living room. Read more »
Tech stocks are being punished by the downgrade to America’s triple-A credit rating, with leaders like Apple, Google, Cisco and HP taking it on the chin. Debt concerns and fears for the global economy are dragging down stocks, particularly tech shares that have been performing well. Read more »
Real estate listing site Zillow received a warm welcome from public market investors after its IPO Wednesday morning. Zillow’s stock hit the market at $57 per share, more than double its $20 IPO price. But the stock proved volatile within a few hours of trading. Read more »
According to Lou Modano, head of global infrastructure for NASDAQ OMX, there is “a lot of opportunity for new [hardware] players” to feed a ceaseless demand for ever lower latency in electronic trading systems. When you rely entirely on electronic trading, a faster system is key. Read more »
Algae oil and fuel maker Solazyme priced shares for its IPO late last night at $18 per share — above its previously estimated price range — enabling the company to raise around $198 million when it debuts on the Nasdaq on Friday. Read more »
LinkedIn made its NYSE debut Thursday morning with a bang, with an IPO that made $352.8 million for the company. The question now is: What will LinkedIn buy with its new cash? Here’s a short list of startups that could make it onto LinkedIn’s shopping list. Read more »
Shutterfly CEO Jeff Housenbold is aware of new photo sharing and printing startups like Instagram, Sincerely, and Keepsy. But according to him, new competition from “three kids in a garage with $3 million in venture funding” doesn’t exactly keep him up at night. Read more »
Russia’s biggest search engine, Yandex, plans to cash in by going public on the Nasdaq — but its bid for the big time is being hit by concerns of political interference and revelations that it has handed private user data over to the Russian security services. Read more »
On the eve of Zipcar’s Nasdaq debut on Thursday, the car sharing company priced its stock at $18 per share late Wednesday, well above the previous estimated range of $14 to $16 per share, and raising $174.24 million, far above Zipcar’s original estimate of $75 million. Read more »
The GigaOM team spent the past week in New York City for a number of events, including our first (and definitely not last) East Coast conference, Structure Big Data. It’s all part of our plan to expand our footprint into new markets, including New York. Read more »
Next-gen biofuel producer Amyris plans to officially price its shares for its IPO before the end of the day and hopes to start trading tomorrow on the NASDAQ. Read more »
Jump out of the little pond and take its chances with the big fish — that’s what ECOtality aims to do by listing its common stock on the Nasdaq Capital Market (previously called the SmallCap Market). ECOtality, which is the parent company of electric vehicle infrastructure […] Read more »
Industry watchers have been predicting – and companies have been eagerly awaiting – the return of tech IPOs for months. A123Systems’ successful IPO last week set off a new flurry of those forecasts, with many seeing it as a sign of more offerings to come, and […] Read more »
A123Systems’ Nasdaq debut Thursday thoroughly justified the company’s confidence in its initial public offering, with the stock leaping more than 50 percent to close at $20.29 per share after pricing at $13.50 per share Wednesday. That price represented a hike from the already raised estimated range […] Read more »
Is the recession over already? Intel and IBM this week posted stronger-than-expected numbers and raised guidance for future quarters, pushing the Nasdaq 7.5 percent higher and inspiring some to hope a recovery was imminent, if not already here. But with all due respect to the bulls […] Read more »
After Monday, the belief that Silicon Valley is going to remain immune from the Wall Street fallout is gone. While some tech companies had been saying they weren’t worried that the credit crunch would hurt them, I don’t believe them. Read more »
