Highlights last week on Philly Tech News (10/22/2012 to 10/28/2012)





I profiled Ben Franklin Technology Partners Northeastern Pennsylvania's expanded TechVentures incubator, which is scheduled to host the first Lehigh Valley Startup Weekend this coming weekend (November 2-4); the power is back on there today.

Comcast posted strong 3rd quarter results on Friday boosted in part by the Olympics, but management is hopeful that there are signs that a longer-term turnaround is beginning at NBCU.

The 2012 Philadephia 100 was named and honored at a ceremony on Wednesday evening;
Dynamic Defense Materials LLC was ranked #1, WebiMax #2.

In news from other sources, Philadelphia Mayor Michael Nutter announced a new seed fund, Startup PHL, which will seek to leverage $3 million coming from the Philadelphia Industrial Development Corp with a $3 million match from a fund manager to be selected; there will also be a $500,000 "idea fund".

Safeguard Scientifics announced CFO Stephen T. Zarrilli would succeed Peter Boni as CEO at the beginning of November. SAP raised it's full year revenue outlook after reporting third-quarter software license revenue that beat analyst estimates. There was another outage at Amazon Web Services' Northern Virginia data center, impacting some Philly firms, this one apparently caused by a memory leak and failure of a monitoring alarm system.

Quote of the week: NBCU CEO Steve Burke: "Unfortunately we don’t own any television station in Ohio".


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Daily Links 10/30/2012: Washington Post profiles Comcast's Cohen and his power in DC

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David Cohen may be Comcast’s secret weapon, but in D.C. he’s a wonk rock star
(Washington Post)

Mark Cuban: Apple Is Not Out To Kill Cable Companies (Silicon Alley Insider)

Hurricane Sandy disrupts Northeast US telecom networks
(Reuters)

U.S. cell networks 'assessing' Sandy outages: No fixes soon
(ZDNet)

Sybase chief John Chen leaving SAP
His departure had been anticipated now that the integration of Sybase into SAP is complete
(Computerworld)

IBM, Epicor could be among potential JDA acquirers
The supply-chain software vendor is reportedly putting itself up for sale
(Computerworld)


Pentaho shifts focus from business intelligence to “big data”, nabs $23M (VentureBeat)
A QlikTech competitor.


AmerisourceBergen says still delivering drugs during hurricane (Philadelphia Inquirer)