Friday, April 21, 2006Market Wire Acquired by CCNMatthewsLos Angeles-based Market Wire has been quietly acquired by a Canadian newswire company, in an all cash deal. The acquisition was announced earlier this month. CCNMatthews is a provider of newswire distribution in Canada. The companies said that CCNMatthews has acquired all of Market Wire's stock in an all-cash deal. Market Wire was formerly known as Internet Wire, and has received venture funding from Hummer Winblad, Smart Technology Ventures, Sequoia Capital, and others. As Internet Wire, the (More info...)
posted on Friday, April 21, 2006(Full story)
Interview with Eric David Greenspan, Make It WorkOur podcast interview today is with Eric David Greenspan, Chairman, CEO, and founder of Santa Barbara-based Make It Work (www.makeitwork.com). I've talked with Eric before, but thought it would be good to get to know him better through an audio interview.
BK: For those listeners who aren't familiar with Make It Work, what services do you offer consumers?
EDG: Make It Work is the neighborhood computer support company. Our focus is mainly in the consumer and residential sector, where we prov (More info...)
posted on Friday, April 21, 2006 (More)(Full story)
San Diego Man Charged With Hacking USC ComputersA computer network administrator has been charged for hacking into a the University of Southern California's college applicant database, according to the U.S. Attorney in Los Angeles. Eric McCarty, a 25-year old compuer system administrator in San Diego, was charged with hacking into USC's college applicant database. The criminal complaint charges that McCarty was able to hack into USC's database by exploiting a SQL injection vulnerability to bypass password authentication. McCarty reportedly ha (More info...)
posted on Friday, April 21, 2006(Full story)
Vitesse Cancels Earning Call, Suspends CEO/CFOCamarillo-based Vitesse Semiconductor last night announced that it has cancelled its earning call, and has suspended Louis Tomasetta, its CEO, Yatin Mody, its CFO, and EVP Eugene Hovanec. The company said in a terse statement that as a result of an ongoing investigation by a Special Committee of its Board of Directors, it will be unable to file its 10-Q, and will not be holding a earnings call. The firm said that the suspension was due to involvement with issues related to the integrity of docum (More info...)
posted on Friday, April 21, 2006(Full story)
Ixia Announces ResultsCalabasas-based Ixia announced first quarter results yesterday, saying that the firm earned $489,000 on revenues of $38.9M. The year to year growth was essentially flat, up 1 percent from the similar period last year. The company said that the first quarter was a challenging one, but that it signed up over 70 new customers and had strong results in China and India. The company also said that it has over $203M in cash in the bank. The firm has made a number of acquisitions in recent months, inclu (More info...)
posted on Friday, April 21, 2006(Full story)
Citysearch Appoints VPWest Hollywood-based Citysearch, which is owned by IAC/Interactive, said this week that it has appointed a new Executive Vice President of Product and Marketing. Citysearch said that it has named Scott Morrow to the position. Morrow was most recently at CNET Networks, where he served as VP Marketing and Sales for Download.com. He has also served at Whittle Communications. The firm said that it has appointed a marketing and PR agency in conjunction with Morrow's appointment.
posted on Friday, April 21, 2006(Full story)