Tuesday, December 2, 2008Buy.com: It Was A Good Cyber MondayWhat recession? Aliso Viejo-based online retailer Buy.com reported today that the firm had its biggest sales day in company history Monday, an increase of over 40 percent from the firm's sales last year. According to the firm, the company's "Cyber Monday" sales also surpassed similar, record setting sales numbers set on Black Friday. The firm credited the boost in sales for aggressive deals and promotions aimed at price-conscious consumers. A spokesperson for the firm told socalTECH that the top (More info...)
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Women's Clothing Tops Shopping ListsLos Angeles-based PriceGrabber released its Black Friday online shopping statistics over the weekend, giving a peek into what kinds of products consumers are looking for on the comparison shopping site. The site found that the top categories for shopping were women's boots; watches; Blu-ray/HD-DVD players; women's sleep and lounge wear; and games and puzzles. Among the top ten categories of interest, five of the most popular categories were related to women's clothing or shoes. Among individual (More info...)
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Inphi Taps Makimoto To Advisory BoardWestlake Village-based Inphi Corporation, a manufacturer of high speed analog semiconductors, said this morning that it has appointed Dr. Tsugio Makimoto as an advisor for the company. Makimoto is based in Japan, and was most recently an executive at Hitachi Ltd. Makimoto has also served as Corporate Senior Executive Vice president at Sony. Makimoto is also an IEEE Fellow. According to Inphi, Makimoto will help the firm identify new opportunities for investment. Inphi's chips are used for high s (More info...)
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Quest Software Settles With SECAliso Viejo-based Quest Software, a developer of system management software, said today that it has reached an agreement with the Securities and Exchange Commission into the firm's stock option practices. According to Quest, it has agreed to settle with the SEC, without admitting or denying the allegations in the SEC's compliant. Quest said that it will consent to the entry of a judgment enjoining future violations of certain provisions of the federal securities laws. The deal also includes the (More info...)
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Nirvanix Powers OoyalaSan Diego-based Nirvanix, a provider of storage-as-a-service, said Tuesday that the firm's technology is being used by video delivery firm Ooyala. According to Nirvanix, Ooyala is using Nirvanix to help its customers store and manage HD-quality video. Financial impact of the partnership was not disclosed. Nirvanix provides online storage for Internet-based businesses, which can be access via a programmatic API. The firm charges by bandwidth and amount of storage, and competes against Amazon's S3 (More info...)
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Xirrus Installs In KansasThousand Oaks-based Xirrus, a provider of Wi-Fi networking hardware, has installed its products at a university in Topeka, Kansas, the firm disclosed today. Xirrus said that it has rolled out its 802.11n Wi-Fi arrays at Washburn University, to provide wireless connections throughout the University's campus. Financial impact of the win was not disclosed. Xirrus develops a high-density, Wi-Fi product which combines a number of access points and switching into a single device; the device is particu (More info...)
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CitizenHawk Signs ClientsAliso Viejo-based CitizenHawk, which develops tools to prevent and locate cybersquatters, said today that it has signed a number of online companies as clients. The firm said that it has signed over 30 major online companies as customers, including Lands' End, ProFlowers, PacSun, RedEnvelope, and BuyCostumes. Financial impact of the deals were not disclosed. CitizenHawk develops a service which helps find domain name squatters and fradulent activity related to online brands. The firm is venture (More info...)
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Siimpel Gets ISO 9001 CertArcadia-based Siimpel, a developer of optical micro electrical mechanical systems (MEMs), said today that the firm has achieved ISO 9001 quality certifications. Siimpel's MEMs semiconductors are being targeted at use in cellular phones for providing autofocus, image stabilization, and related features. The firm said the certification would help the firm provide its customers with the highest-quality products and services. Siimpel is backed by Motorola, QUALCOMM, and Micron Technologies, along wi (More info...)
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Hydra Hires Finance VPLos Angeles-based Hydra, an affiliate advertising network, said Monday that it has appointed Gary Gooperman as the firm's Executive Vice President of Finance and Administration. Hydra said that Cooperman joins the firm from Helio, where Cooperman was also VP of Finance and Accounting. Cooperman was responsible for Helio's sale to Virgin Mobile in June, the firm said, and has also served at Thomson Reuter’s Westlaw division, Nortel Networks, and Ernst & Young. Hydra provides cost-per-action (CP (More info...)
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