Joyent, a Sausalito, Calif.-based startup that began as a hosting service company with designs on web applications, has decided to sell off two of its services — BingoDisk and Strongspace — to ExpanDrive. Joyent is now transitioning towards becoming a “cloud services” provider… Read More »
Tech
Having followed the online storage business for quite a few years, I have become increasingly convinced that many of the startups will have to retweak their focus and find new opportunities to stay relevant and stay in business. Aaron Levie, CEO and founder… Read More »
Amazon announced today that it will cut prices for its Amazon S3 (Simple Storage Service) offering on Nov. 1. The company is essentially offering people who use more storage significant volume discounts. For folks using up to 50 terabytes of storage, the price cuts don’t… Read More »
Last week in my analysis of online storage sector, How to standout in the sea of storage startups, I pointed out that many startups were having a tough time convincing folks to upgrade from free to paying services. That post got many reactions, including… Read More »
The Wall Street Journal reports that Google is about to announce an online storage space. Some call it GDrive, and I see it as a vital component of Google Computing Cloud. Regardless, instead of obsessing over the minutiae, I want to know what you folks… Read More »
With every new technology, innovation generates excitement, the excitement turns into buzz and the buzz, more often than not, gives way to a buyout in which a buyer overpays for a hot new startup — and triggers a slow deflation in the valuations of the… Read More »
Light Reading reports that a small consolidation in the VoIP business is going on right now, the latest deal being Finnish test vendor NetHawk Oyj’s purchase of Richardson, Texas-based ipNetFusion in a bid to boost its VOIP testing capabilities. The deal is being valued at… Read More »
