Insurance software company Guidewire will begin trading publicly on the New York Stock Exchange (NYSE) tomorrow. It has raised $115 million in the initial public offering by selling 8.85 million shares at $13 apiece. That’s well above the 7.5 million shares at $10 to $12 that the company had planned.
Owners of Samsung’s first lineup of Galaxy S phones are in for some bitter news this morning, as the company has confirmed that the phones won’t be receiving an update to Android 4.0 “Ice Cream Sandwich.”
After shopping webOS around to major companies like Amazon and Qualcomm, HP has decided to make the platform available to the open source community, the company announced today.
Chip developer GainSpan has raised a new $18 million round of funding to help the company create the next generation of ultra-low-power Wi-Fi chips.
EDITOR’S NOTE: Each week, I’m writing a column on business and technology called Dylan’s Desk, while Dean Takahashi is writing a column on video games called The DeanBeat. They are available to newsletter subscribers a whole day before they appear on the VentureBeat website.
While Intel is known as the world’s biggest chip maker, but it also wants to be known as a leader in software.
Now that Samsung has become well-known for its slick Android tablets, the company may be setting its sights on a tablet running Microsoft’s upcoming Windows 8.
Samsung CEO Choi Gee Sung has quashed rumors that the company is interested in HP’s webOS software, saying that it would “never” pursue such a deal, Bloomberg reports.
Mobile manufacturer HTC will reportedly launch two new Windows Phone devices equipped with Mango, the first huge update to the Windows Phone 7 mobile operating system, at an event on Sept. 1.
Microsoft on Wednesday announced that it will open 75 physical retail stores in the next two to three years. COO Kevin Turner made the announcement at Microsoft’s Worldwide Partner Conference.
Apple plans to wait until its new Lion operating system is out in July before releasing new MacBook Air models loaded with refreshed hardware, according to a report by AppleInsider. Just a week ago, reports were circulating that Apple would likely release refreshed Airs in June.
Multi-platform note-taking program Evernote on Monday announced it had reached more than 10 million registered users.
It looks like Apple’s Mac App Store is a smashing success. The company announced today during its Worldwide Developers Conference keynote that the App Store is now the number one channel for PC software sales, beating out big retailers like Best Buy, Walmart and Office Depot.
Microsoft plans to preview new Windows-based tablet software at next week’s All Things Digital D9 conference, according to a report by Bloomberg.
As if Skype’s interface needed more clutter, the Internet voice and video chat company announced today that it’s bringing advertising to its service.
Today’s funding announcements include online networks for shopping and task management:
It’s been a long stretch, but Google is nearing the finish line with its Chrome OS netbook operating system. The company sent out invitations today to a Chrome event on Tuesday, December 7th, where it will launch the netbook, sources tell Engadget.
Somewhere in the stock market’s noise today, there’s a very clear signal: enterprise hardware sales are in trouble. Despite upbeat forecasts from Intel and Nvidia for the fourth quarter this year, a forecast from enterprise giant Cisco for this holiday season paints a terrifying picture that could signal the end of the business-tech comeback.
Intel announced today that it will acquire McAfee, maker of anti-virus and other security software, for $7.68 billion in cash, or $48 per share.
Following a string of recent acquisitions, IBM has announced that it will purchase marketing automation software maker Unica for about $480 million — at a price of $21 a share.
Guest Post (Editor’s note: Answers OnStartups is a Q&A site for entrepreneurs founded and moderated by Dharmesh Shah and Jason Cohen. This semimonthly feature highlights popular discussion topics on the forum and gives a sampling of answers from site members.)
(CORRECTED: See below.)