Liberty Media Reports Second Quarter 2011 Financial Results (Business Wire)
QVC revenue up 8% (stronger internationally) and operating income up 4%; Liberty hopes to complete split-off of Liberty Capital and Liberty Starz in 3rd quarter after Bank of New York's appeal is heard in the Delaware Supreme Court in mid-September.
WVT Communications Finalizes $17 Million Acquisition of Alteva
New Organizational Structure Established (Marketwire)
Tax issue spurs PhillyCarShare to sell to Enterprise (Philadelphia Inquirer)
Clearwire: Merrill Now Sees Going Concern Risk; Target 50 Cents (Forbes: The Tech Trade)
Dish Network Lost 135,000 Subscribers in Second Quarter (Hollywood Reporter)
HSBC in Talks to Sell Credit Card Portfolio (New York Times: DealBook)
Prospective buyer said to be Capital One, which agreed to acquire Wilmington-based ING Direct USA in June. HSBC has already phased out its credit card operations in Delaware.
A Career Venture Capitalist Responds To Criticism From BI Commenters (Business Insider)
By First Round's Charlie O'Donnell.
Great Hill Partners Acquires Plimus for $115M USD (Business Wire)
Exit for Bala Cynwyd-based Susquehanna Growth Equity.
This App Could Save Your Life (Wired: Epicenter)
Deacom to Begin Testing Its Newly Developed SaaS Based CRM System (SBWIRE)
NetSuite stops selling to smaller businesses. Congratulations (ZDNet Blogs)
Dell, NextGen Team On Cloud-Based Services
Dell will sell NextGen's suite of healthcare applications and provide hosting as it targets the EMR marketplace. (Information Week)
HITECH Act Blocking Smaller IT Firms
The Health Information Technology for Economic and Clinical Health Act prevents some small and midsize IT services firms from pursuing new healthcare business opportunities, says a CompTIA report. (Information Week)