Oct 05

Screen shot 2010 10 05 at 11.48.47 PM WebFilings Raises $12.5 Million Series B
WebFilings is a private financial reporting company that develops a cloud-based solution for meeting SEC reporting requirements. WebFilings has raised $12.5 million in Series B private placement of equity securities to new and existing investors. WebFilings raised a total of $24 million.

“Our ability to secure this funding, and to actually have the round come in oversubscribed, is recognition by our investors that the WebFilings solution has been well received and is bringing real value to our customers,” stated WebFilings CEO Matt Rizai. “We are the fastest growing company in our market space, providing what the industry has recognized as the best of breed solution.”

WebFilings simplifies the filing of SEC reports including the mandated XBRL reporting processes. Some of WebFilings customers include United Airlines, First Solar Inc., and Black Hills Corporation.

written by iieevvn1 \\ tags: , , , , , , , , ,

Oct 04

altekleo14megapixelcamera Altek Leo 3.5G Touchscreen Android Smartphone Now Official With 14 Megapixel Camera

Google’s Android mobile operating system is getting installed on more and more touchscreen enabled smartphones as time goes on. However, it seems like while Android continues to improve many of these handsets stay fundamentally the same. They’ve all got a sub-4.0-inch touch screen, a 1GHz processor, a front facing camera and a rear HD camera. While this is not a bad thing at all, perhaps there is a niche that some hardware manufacturers have yet to fill.

It seems that Altek has found a niche with their Altek Leo 3.5G smartphone. This device is powered by Android 2.1 and features a 3.2-inch WVGA touch screen, WiFi, GPS, Bluetooth, a microSD slot and 3.5G HSPA/WCDMA connectivity. However that’s not what makes this device special.

What makes the Altek Leo 3.5G special is the fact that it features a rear facing camera with a whopping 14 megapixels, obviously capable of capturing 720p HD video complete with a 3x optical zoom lens.

Unfortunately there’s no word on a price tag or release date but rumor has it the Altek Leo 3.5G will sell for $499 – let’s hope that’s off contract.

A new king of the smart phone jungle is sharpening its claws for a European debut. Beginning first quarter 2011, imaging technology leader Altek roars onto the continent with Leo, the world’s first Android-enabled 3.5G smart phone to feature an HD-capable 14-megapixel camera. The company is currently seeking channel partners in the region as it prepares to bring Leo to market.

You say that other smart phones have cameras? Leo eats them for breakfast. By starting with the best available digital imaging technology, Altek has built a cutting-edge Android device with unmatched photographic and video capabilities.

Throw your old digital camera to the lions. Leo does it all with image quality and functionality far exceeding anything else in the mobile communication space. Convenience, power and connectivity put Leo at the top of the food chain when it comes to smart phone photography.

“Memorable moments usually happen when you least expect them,” observed Altek CEO, Alex Hsia. “You want to be able to capture those precious moments anytime and anywhere, and Leo is the device that lets you do just that. ” Hsia added, “Leo is the product of design know-how that comes from years of creating breakthroughs at altek in digital imaging technology, integrated with most advanced Android smartphone system.”

Leo doesn’t skimp on the features users have come to expect in today’s crowded smart phone market. That includes a generous 3.2-inch WVGA multi-touch capable display for easy input. Each phone ships installed with Google’s Android 2.1 (Eclair) mobile OS, allowing simple access to e-mail, Web browsing, and social media services like Facebook YouTube, and Flickr. Leo keeps you connected with Wi-Fi, Bluetooth and 3.5G (HSPA/WCDMA) wireless and network protocols. Enjoy high-speed broadband connections via 5.76mbps HSUPA or 7.2mbps HSDPA.

Press Release:

Leo’s built in GPS makes navigation and geotagging images a snap. Accelerometer, digital compass and handwriting recognition all contribute to what this powerful smart phone can do for you. Whether listening music or watching movies, you will discover Leo supports most major audio and video formats. Don’t worry about finding room for your files; Leo’s memory is expandable up to 32GB via microSD card.

Digital imaging and video are where Leo really shows its teeth. Few smart phones can deliver a comparable set of photographic features that start with a 14-megapixel CCD and 3x optical zoom lens. High-definition, professional-quality images are always a click away. It doesn’t stop with digital photography. Leo also shoots crystal clear 720p HD digital video, capturing life’s memorable moments anytime and anywhere.

This predator has sharp eyes. Leo’s 3x optical zoom represents a breakthrough in smart phone design by delivering a feature photographers have come to expect from today’s cameras, but not from their mobile devices. It puts users right in the action, opening up a world of photographic possibilities. Whether at 36mm or full 108mm equivalent magnification, Leo takes sharp, vivid images every time. Like its feline namesake, Leo is at home in the dark. Low-light situations are not a problem thanks to Leo’s powerful built-in xenon flash and auto-focus assist lamp.

When it comes to getting the perfect image when you need it, Leo is ready to help with smile- and blink-detection technology. Why wait to transfer photos to a computer before editing them? Leo packs a suite of handy options that allow “editing on the fly,” so users have the image they want before it leaves the camera.

How does the leader in digital camera technology start a revolution in smart phone design? Altek assembled one of the most experienced and dynamic R&D teams in the industry, drawn from tier-one mobile phone manufacturers.

A dedication to excellence in design and quality has made Altek one of the largest DSC ODM companies in the personal electronics field. At the core of Altek’s camera technology is the Sunny 9 digital image processor. It is the brainchild of Altek’s crack team of design professionals—industry leaders and PhDs working to develop latest chip technology to power Altek’s cameras and smart phones.

“The challenge facing Altek’s design team was how to integrate a fully functioning 14-megapixal camera with 3x optical lens while maintaining Leo’s smart phone form factor,” said JS Liang, Altek vice president and head of R&D. “An optical lens requires precision moving parts and mechanisms that ensure the device functions properly, but it also has to be attractive and easy to use. We achieved this without compromising Leo’s look and feel.”

The results speak for themselves: a sleek smart phone that is as powerful as it is elegantly executed.

1. To download Leo photos, please go to www.altek.com.tw/Message/NewsDetail.aspx?id=76

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 Altek Leo 3.5G Touchscreen Android Smartphone Now Official With 14 Megapixel Camera

written by zulu \\ tags: , , , , , , , , , , , , ,

Oct 01

Leo Apotheker Léo Apotheker Becomes CEO and President of HP
Léo Apotheker has become appointed as the CEO and President of Hewlett-Packard. Apotheker was previously the CEO of SAP and he will also become a part of HP’s board of directors. Kleiner Perkins Managing Partner Ray Lane will also join HP as a non-executive Chairman. Both will join on November 1.

“Léo is a strategic thinker with a passion for technology, wide-reaching global experience and proven operational discipline – exactly what we were looking for in a CEO,” stated HP lead independent director of the Board Robert Ryan. “After more than two decades in the industry, he has a strong track record of driving technological innovation, building customer relationships and developing world-class teams.”

[HP Press Release]

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Sep 29

weboslogo HP’s webOS Powered Tablet to Be Called ‘PalmPad’?There have been several tablets to hit the market such as the Apple iPad and even more exepcted to hit he market soon such as the Samsung Galaxy Tab. However, while many of these new tablets are more than capable competitors in the industry, many of them are also running Google’s Android.

Luckily, with the acquisation of Palm earlier this year, HP is free to release a tablet powered by the company’s much loved webOS. Unfortunately, when exactly this is set to go down we don’t know but today we have a small tid bit that goes along with the device.

Apparantly, during an analyst call, HP’s Todd Bradley has went on record as saying that the webOS powered device will actually be called the PalmPad. If this is true, we should be seeing a touchscreen touting device that will directly compete with the iPad out of HP very soon.

When that is, we don’t know, but webOS on a tablet is definitely something we’re interested in.

via engadget

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written by janyton \\ tags: , , , , , , , , , , , , ,

Sep 28

Screen shot 2010 09 28 at 12.50.45 PM AOL Buys TechCrunch Network of BlogsScreen shot 2010 09 28 at 12.52.13 PM AOL Buys TechCrunch Network of Blogs
AOL, Inc. (NYSE:AOL) has announced today that they are acquiring TechCrunch, Inc. TechCrunch operates TechCrunch.com, MobileCrunch.com, TechCrunchIT.com, MobileCrunch.com, GreenTech, TechCrunchTV, and CrunchBase.com. Below is the full press release:

AOL TO ACQUIRE TECHCRUNCH NETWORK OF SITES

Leading Authority on Tech News Will Expand AOL’s Growing Offering of World-Class, Audience-Relevant Content

San Francisco, CA, September 28, 2010 – AOL Inc. [NYSE: AOL] today announced that it has agreed to acquire TechCrunch, Inc., the company that owns and operates TechCrunch and its network of websites dedicated to technology news, information and analysis. TechCrunch and its associated properties and conferences will join the AOL Technology Network while retaining their editorial independence, further bolstering AOL’s position as one of the world’s leading providers of high-quality, tech-oriented content. The announcement will be made on stage at TechCrunch Disrupt in San Francisco, CA.

Founded by Michael Arrington, TechCrunch operates a global network of dedicated properties from Europe to Japan, as well as vertically-oriented websites, including MobileCrunch, CrunchGear, TechCrunchIT, GreenTech, TechCrunchTV and CrunchBase. The TechMeme Leaderboard ranks TechCrunch as the No. 1 source of breaking tech news online, followed by AOL’s Engadget.*

“Michael and his colleagues have made the TechCrunch network a byword for breaking tech news and insight into the innovative world of start-ups, and their reputation for top-class journalism precisely matches AOL’s commitment to delivering the expert content critical to this audience,” said Tim Armstrong, Chairman and Chief Executive Officer of AOL. “TechCrunch and its team will be an outstanding addition to the high-quality content on the AOL Technology Network, which is now a must-buy for advertisers seeking to associate their brands with leading technology content and its audience.”

Heather Harde, Chief Executive Officer of TechCrunch, said: “TechCrunch and AOL share a motivating passion for quality technology news and information, and we’re delighted about becoming part of the AOL family. This represents a compelling opportunity to extend the TechCrunch brand while complementing the great work of sites like Engadget and Switched. Our contributors, and our audiences, can look to the future with excitement about what we can build when we have the significant resources of AOL behind us.”

Michael Arrington, Founder and Co-Editor of TechCrunch, said: “Tim Armstrong and his team have an exciting vision for the future of AOL as a global leader in creating and delivering world-class content to consumers, be it through original content creation, partnerships or acquisitions. I look forward to working with everyone at AOL as we build on our reputation for independent tech journalism and continue to set the agenda for insight, reviews and collaborative discussion about the future of the technology industry.”

TechCrunch also hosts industry-leading conferences and events, including The Disrupt series, The Crunchies Awards and various meet-ups worldwide. These conferences bring together industry innovators, entrepreneurs and financing sources to exchange ideas, forge new relationships and discuss the current and future industry trends.

“Engagement with thought leaders is as important to AOL as our engagement with our contributors, audiences, publishers and advertisers, and TechCrunch’s conferences and websites will give us a promising, additional springboard to join and amplify these conversations. We’re committed to quality in everything we do at AOL, and look forward to working with Heather, Michael and the TechCrunch team to extend the brand,” said David Eun, President of AOL Media and Studios.

The AOL Technology Network consists of AOL’s tech-oriented properties including Engadget, the Web magazine about everything new in gadgets and consumer electronics; Switched, which covers the intersection of the digital world with entertainment, sports, art, fashion and lifestyle; TUAW, the unofficial Apple weblog; and DownloadSquad, the weblog about downloadable software and other computer subjects. The AOL Technology Network ranks in the top five for tech news according to comScore Media Metrix, August 2010 data, and leads the top five in average time spent and average visits per user.

This acquisition will further AOL’s strategy to become the global leader in sourcing, creating, producing and delivering high-quality, trusted, original content to consumers. TechCrunch will remain headquartered in San Francisco, CA, as a wholly owned AOL unit. Deal terms were not disclosed.

Forward-Looking Statements
This press release contains “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding business strategies, market potential, future financial and operational performance and other matters. Such forward-looking statements include, but are not limited to, statements regarding the anticipated benefits of the transaction and other statements identified by words such as “may,” “will,” “intend,” “should,” “expect” or similar expressions. These statements are based on management’s current expectations and beliefs, and are subject to uncertainty and changes in circumstances, including, but not limited to, the satisfaction of the closing conditions to the transaction and the parties’ performance of their obligations under the agreements; changes in our plans, strategies and intentions; the competitiveness and quality of our products and services; our ability to retain, hire and develop key employees; and the intensity of competition. Any forward-looking information is not a guarantee of future performance and actual results may vary materially from those expressed or implied by the statements herein, due to changes in economic, business, competitive, technological, strategic and/or regulatory factors, as well as factors affecting AOL’s operations and businesses. More detailed information about these factors as they relate to AOL may be found in the section entitled “Risk Factors” in AOL’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission. AOL is under no obligation to, and expressly disclaims any obligation to, update or alter the forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise.

About AOL
AOL Inc. (NYSE:AOL) is a leading global Web services company with an extensive suite of brands and offerings and a substantial worldwide audience. AOL’s business spans online content, products and services that the company offers to consumers, publishers and advertisers. AOL is focused on attracting and engaging consumers and providing valuable online advertising services on both AOL’s owned and operated properties and third-party websites. In addition, AOL operates one of the largest Internet subscription access services in the United States, which serves as a valuable distribution channel for AOL’s consumer offerings.

About TechCrunch
TechCrunch is a weblog dedicated to obsessively profiling and reviewing new Internet products and companies. In addition to covering new companies, we profile existing companies that are making an impact (commercial and/or cultural) on the new web space. TechCrunch has now grown into a network of technology focused sites offering a wide range of content and new media.

*TechMeme Leaderboard, Sept. 28, 2010

[TechCrunch]

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