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Tencent-Led Funding Values Fab at Over $1 Billion — Two-year-old design website Fab is now worth more than $1 billion, thanks to an investment led in part by Chinese Internet conglomerate Tencent Holdings Ltd. China's largest listed Internet company is contributing to a $150 million round of venture capital and will appoint a director to Fab's board.

Building a Business on Hats With Fake Beards — In less than two years, design retailer has become an e-commerce star. Selling such quirky items as patchwork poufs and animal-printed T -shirts, it has amassed millions of users and a roughly $700 million valuation in a recent round of investment.
Nov 21, 2014

In 2012, Fab's Jason Goldberg told @WSJ that he wanted to compete with $AMZN on logistics. #Quixotic…

Facebook's Thiel Explains Failed Twitter Takeover — Technology The social network intends to grow during the downturn, but Facebook's imprecise and illiquid stock valuation limited its appeal to Twitter Facebook remains on the lookout for acquisitions after its failed attempt to buy microblogging site Twitter, one of the company's directors and largest investors says.
Jul 27, 2014

@dkimerling this story w @pmarca noting how FB stepped on gas in recession should've been a BusinessWeek cover.

From Russia With Love: Facebook Lands $200 Million — Technology The social networking site will tap Digital Sky Technologies for expansion funds in a deal valuing Facebook at $10 billion. Still no public issue Ending months of fevered speculation over whether it would raise more money, social network Facebook said on May 26 that it will take a $200 million investment from Russia's Digital Sky Technologies.
Jul 27, 2014

@pmarca @dkimerling here is a good synopsis of Yuri's bet from a 2009 story I wrote offering bull case for Facebook.…

IBM, Lenovo Tackle Security Concerns Over Server Deal — IBM and Lenovo are grappling with ways to resolve U.S. national-security concerns over IBM's proposed $2.3 billion sale of its computer-servers business to the Chinese company. The worries center around possible vulnerabilities to Chinese spies or hackers.
Jun 26, 2014

WSJ: US State Dept banned the use of Chinese company Lenovo's PCs on classified network. Big scoop by @spencerante…

IBM, Lenovo Tackle Security Concerns Over Server Deal — International Business Machines Corp. and Lenovo Group Ltd. are grappling with ways to resolve U.S. security concerns over IBM's proposed $2.3 billion sale of its computer-servers business to the Chinese company. The deal, struck in January, remains in limbo as the U.S.
Jun 25, 2014

Breaking: IBM, Lenovo Wrestle w/U.S. Security Concerns Around Server Deal, Sensitive Arms of US Shy Away From Lenovo

Jun 25, 2014

IBM, Lenovo trying to figure out how to get their server deal past US regulators via @spencerante

Jun 25, 2014

IBM, Lenovo wrestle with U.S. security concerns around server deal

Jun 25, 2014

U.S. officials told @spencerante and crew that a Lenovo machine connected to China on its own.

Jun 25, 2014

Feature, not a bug! MT @dannyyadron: U.S. officials told @spencerante aLenovo machine connected to China on its own.

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Data From Castlight Health Shows Wide Differences in U.S. Medical Costs — Castlight Health lifted the veil-slightly-on its trove of data on the health-care prices paid by people who get health insurance from their employers. The finding: There are significant price differences for the same medical service in large U.S. cities.
Jun 10, 2014

Breaking News: Data From Castlight Health Shows Wide Differences in U.S. Medical Costs Of Same Service via @WSJ

Jun 10, 2014

New data shows wide differences in U.S. healthcare prices: an MRI in New York costs $416, or $4527, or...

Jun 10, 2014

How Much Does an MRI Cost? The Question With a Thousand Answers. Includes link to interactive map of U.S. via @WSJ

Jun 10, 2014

Cool: Castlight exposes health-care prices. I now know to go to Raleigh for a $17 cholesterol test. via @Spencerante

Jun 10, 2014

FB stripped logos off its servers cuz the blocked air flow raised energy costs. Server wars via @ShiraOvide

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H-P To Challenge IBM In Supercomputing With Apollo — Hewlett-Packard is taking on International Business Machines in high-end supercomputers, the latest sign that H-P is doubling down on technology hardware while IBM pulls back from the market. On Monday, H-P announced two new computer server products under the new Apollo brand name.
Jun 09, 2014

HP to take on IBM in high end supercomputers:…

Jun 09, 2014

RT @WSJD: H-P is taking on IBM in high-end supercomputers with the Apollo 6000. by @Spencerante

Administration Overhauls Federal Health-Care Website — The Obama administration is revamping and scrapping significant parts of the federal health-insurance marketplace in an effort to avoid the problems that plagued the site's launch last fall, according to presentations to health insurers and interviews with government officials and contractors.
Jun 05, 2014

The Obama administraton is overhauling; insurers are crossing their fingers.

Jun 05, 2014 2.0 on its way, says triple-bylined, double tag lined @wsj piece

Jun 05, 2014

Don't read the Wired puff piece: Here's the real story on the Obama Admin effort to revamp

Jun 06, 2014

Changes in the works for, including hosting some parts in Amazon's cloud. Countdown to Nov. 15…

Show 9 more tweets from Almar Latour, Stefanie Ilgenfritz and others...

IBM Avoids SEC Penalty Over Accounting of Cloud Computing — International Business Machines Corp. appears to have sidestepped any government penalty over its accounting treatment for cloud computing. The computer maker said the Securities and Exchange Commission's division of enforcement has concluded its...
Jun 08, 2014

IBM avoids SEC penalty over accounting of cloud computing $IBM

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