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BUSINESS
October 26, 2012 | By Jeff Gelles, Inquirer Columnist
In people years, the World Wide Web is barely 21. In technology time, it sometimes seems like eons since the first website went online in 1991, as the personal computer has morphed into increasingly powerful desktops, laptops, smartphones and tablets. Innovations, companies and devices have come and gone in the years since - which makes it all the more remarkable that we're focused this week on announcements by Apple and Microsoft, two players there at the start thanks to their pre-Web origins.
NEWS
October 24, 2012 | By Amy Worden, Inquirer Staff Writer
HARRISBURG - A proposed tax incentive designed to attract software giant Oracle to the Pennsylvania State University area and worth millions to other businesses that hire Pennsylvania workers is awaiting Gov. Corbett's signature after clearing the state House and Senate in the waning days of the 2011-2012 session. The bill would allow employers that hire 250 new workers to keep 95 percent of the workers' state income taxes, money that would otherwise be sent to the state treasury.
BUSINESS
October 3, 2012 | By Joseph N. DiStefano, Inquirer Staff Writer
Paul Melchiorre is one of those smart South Philly kids who moved uptown - "from 20th and McKean, to 20th and Delancey," near Rittenhouse Square. And beyond. Melchiorre was one of business-software giant SAP America's first hires when the German-headquartered company picked suburban Philadelphia for its home in the early 1990s. He headed sales. He left in 1998 to join Ariba , the networking-software company with a blue-chip client list, which was bought by SAP for $4.5 billion Monday.
BUSINESS
September 15, 2012 | By Susan Decker, Bloomberg News
Zillow Inc., which operates the largest U.S. real estate information website, has filed a patent-infringement suit against competitor Trulia Inc. over a software program that helps make home valuations more accurate. Zillow claims Trulia is infringing a patent for its Zestimate home-valuation service, which lets homeowners and real-estate agents update valuations by adding information specific to a property. About one-third of the 100 million homes in its database have been updated this way, the suit says, and it has "played a major role in Zillow's success.
BUSINESS
August 29, 2012 | By Jane M. Von Bergen, Inquirer Staff Writer
Following an industry trend, tech giant IBM announced that it would acquire Kenexa Corp., the Wayne-based human-resources software company, for $1.3 billion or $46 a share. On Friday, Kenexa shares closed at $32.39. IBM's willingness to pay a premium for the shares shows its eagerness to tap into the human-resource and talent-management software segment, one of the fastest growing segments of software used by businesses for their operations. This year, Oracle and SAP also bought human-resource software companies, both of them Kenexa competitors.
BUSINESS
August 4, 2012 | By Pallavi Gogoi and Christina Rexrode, Associated Press
NEW YORK - It's turning out to be one costly glitch. A technical problem that briefly threw dozens of stocks into chaos Wednesday will cost Knight Capital Group $440 million, the trading firm said Thursday. Knight's own stock plunged for a second day, erasing 75 percent of its value in two days. Knight also said it was pursuing ways to raise money to fund the expense, prompting questions about the firm's viability. Several financial institutions said they had stopped trading with Knight, at least temporarily.
ENTERTAINMENT
July 28, 2012 | By Christine Bahls, For The Inquirer
Want to see how your kitchen will look dressed in a nice sky blue? Or see if you'd like a set of chairs in that breakfast nook? What about checking out the view from the kitchen table after you knock out the dining room wall - without opening a can of paint, moving a piece of furniture, or swinging a sledgehammer? With this kind of power, who needs a professional? Lots of DIYers, apparently. As the market bulges with do-it-yourself interior design software - the most popular comes from Chief Architect, Better Homes & Gardens, and even HGTV - interior designers have felt the impact, just not in the way you might think.
BUSINESS
April 23, 2012 | Michael Armstrong
The Philadelphia region finally was home to one of the nation's biggest venture capital deals last quarter. Unfortunately, what the company does won't set imaginations afire because, I'm sorry to say, developing software for the insurance industry just isn't as sexy as, say, software to help you organize and share your digital photos. Still, Exton-based iPipeline Inc. did raise $71.44 million in January, good enough to place No. 8 on a list of the nation's largest venture deals included in the PricewaterhouseCoopers/National Venture Capital Association MoneyTree Report, released Friday.
ENTERTAINMENT
April 3, 2012 | By Jonathan Takiff, Daily News Staff Writer
FOR A WHILE there, it seemed like serious "hi-fi" sound was going down for the count. Digital music players, stressing cutes and convenience, have made bulkier - but better-sounding - CD players and discs seem old-school. Low-fi, DIY basement recordists suggest it's cool to cut corners on miking and studio acoustics, minor details that add so much warmth, realism and connection between music maker and listener. And don't get me started about the chilly artificiality of the whole electronica/dance pop scene.
NEWS
March 23, 2012 | By Joseph N. DiStefano, Inquirer Staff Writer
Jeremy Bloom - former Olympic skier, Philadelphia Eagle, and nonprofit-foundation boss - has been raising millions for his next career: replacing corporate ad-purchase professionals with automatic ad-view and spend-tracking software. Bloom's company, Integrate, said this week that it has raised $11 million from Comcast Ventures, cable-TV mogul John Malone's Liberty Global, and the Colorado-based Foundry Group. Foundry also invested $4.2 million in 2010. Integrate says it helps advertisers mine today's complex media markets - in which Americans are split into many thousands of micro-audiences - by sorting the enormous piles of our browsing and shopping data collected by websites, media companies, and merchants and then using it to rank viewership and purchases that follow consumer exposure to ads. The system replaces people with software.
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