The 2012 fiscal year is coming to an end. As the Rotating and Acting CEO, I am gratified to share this great news with you: Huawei’s sales revenue for 2012 is expected to exceed US$35 billion, with a net profit of about US$2.4 billion, a more than 10% increase year on year for both.
via Huawei – archive.
Former Boston Red Sox pitcher Curt Schilling, an iconic figure in New England after anchoring a historic playoff comeback which ended a legendary 86-year title drought, founded 38 Studios near the end of his baseball career in the hopes of becoming a big shot in the intensely competitive multi-player gaming world.
via 38 Studios: Curt Schilling’s Crony Capitalism Debacle – Reason.com.
Using his bully pulpit as both governor and chairman of the Rhode Island Economic Devlopment Corporation (RIEDC), a quasi-public agency whose mission is to promote business in the state, Carcieri pushed hard for 38 Studios to receive a $75 million taxpayer-guaranteed loan.
The opening of the new line brings the total distance covered by China’s high-speed railway system to more than 9,300 km (5,800 miles) — about half its 2015 target of 18,000 km.
Visual Studio is Microsoft’s only flagship development system and this raised the question of why Expression Blend, the XAML user interface designer, was a standalone product. Not all Visual Studio programmers were even aware of what Expression Blend could do for them. For example, books on programming Silverlight or Windows 8 would often concentrate on using Visual Studio and mention Expression Blend as an afterthought.
Adafruit was founded in 2005 by MIT engineer, Limor “Ladyada” Fried. Her goal was to create the best place online for learning electronics and making the best designed products for makers of all ages and skill levels. Since then Adafruit has grown to over 35 employees in the heart of NYC. We’ve expanded our offerings to include tools, equipment and electronics that Limor personally selects, tests and approves before going in to the Adafruit store. We pride ourselves on having great prices, the best customer service, technical support and fast shipping. We hope we can assist you on your journey of learning! Want to learn more? See what others are saying on the Adafruit press page!
via Adafruit Industries, Unique & fun DIY electronics and kits.
From: Entrepreneur of 2012: Limor Fried
In October Fried moved her 35 employees from a 2,000-square-foot loft near Wall Street to a 12,000-square-foot industrial space in SoHo, then hired 15 more people. Just a week after the move, Fried was bubbling with excitement, obvious even over the din of 500 packages being prepped for the daily UPS shipment. “It’s a new chapter in the business,” she exclaims. “I think we can quadruple our current size.” No mean feat, considering Adafruit has shipped more than half a million kits in the last seven years, and revenue has doubled every year for the past three.
Here’s a comment from slashdot…
I’m near retirement and have worked in embedded software for four different companies. In all my years of experience, the best engineers I have encountered were those educated at MIT. Limor Fried is not only from MIT, but she did a stint at the MIT media laboratory. I’ve bought lots of products from her and the quality is first rate, her circuit boards are works of art with tin plating on the solder pads (compare that to a Velleman board) and legible annotation.
That trend, naturally, shows up in its full-year numbers. For fiscal 2012, Ciena generated revenues of $1.83 billion, up about 5 percent year-on-year, and a net loss of $144 million. Its full-year non-GAAP loss was 23.5 million, or 24 cents per share, slightly worse than Wall Street had expected.
Ciena’s not alone, of course, in feeling the effects of a shrinking optical market. (See Margin Misery for Alcatel-Lucent.)
Overlay networks as proposed by companies such as Nicira Networks Inc. , now owned by VMware Inc. (NYSE: VMW), are “an important step, but what if you had a data center that had to serve 10,000 customers, and every customer had a complex topology? That’s the real world, and that’s not easy,” Alwan says.
Carriers need CDNs; at least, that’s the current thinking. But in AT&T’s case, maintaining its own CDN — using technology licensed from EdgeCast Networks Inc. and Cotendo Inc. — was apparently not worth the effort.
via AT&T Hands Its CDN Over to Akamai – IP & Convergence – Telecom News Analysis – Light Reading Cable.
In a note to clients picked up by Forbes, the firm states that Surface sales in the December quarter are shaping up to fall into the 500,000 to 600,000-unit range, well below its earlier estimates of between 1 million and 2 million units. According to Detwiler, Microsoft’s tablet strategy appears to be “in disarray.”
via Microsoft Surface sales Q4 2012- Less than 1 million tablets sold: Est | BGR.
On Tuesday, Coursera, which works with high-profile colleges to provide massive open online courses, or MOOC’s, announced its employee-matching service, called Coursera Career Services. Some high-profile tech companies have already signed up—including Facebook and Twitter, according to a post on Coursera’s blog, though officials would not disclose how much employers pay for the service. Only students who opt into the service will be included in the system that participating employers see, a detail stressed in an e-mail message that Coursera sent to its nearly two million past or present students on Tuesday.