For fast-growing technology start-ups, there are many approaches to employee hiring and retention.
Two of the more successful ones, Facebook and Zappos, have very different methods, each with different goals: Facebook wants to hire entrepreneurs even if that means they will eventually leave, while Zappos wants to hire the best people to fit its culture and figure out how to keep them.
by Scott Austin, Lead Editor, Venture Capital Dispatch, The Wall Street Journal
When it comes to hauling in venture capital, Twitter has vaulted into the ranks of some notorious losers–remember Webvan?
In just two years, Twitter has raised roughly $155 million in venture capital, including $135 million this year. That’s a staggering sum for a revenue-less company that operates on the Web where capital-efficiency is underscored and technology costs are falling.
by William M. Bulkeley, Reporter, The Wall Street Journal
As companies look for new ways to squeeze costs out of their technology budgets, some are deciding that the next PC they purchase need not be a PC at all.
Instead, they are rolling out virtual desktops–a set-up consisting of a screen, keyboard and small connector box that ties into a powerful server in the computer room that has all the software, storage and processing capabilities that each desktop user needs.
by Andrew LaVallee, Reporter, The Wall Street Journal
The Federal Trade Commission is planning three public discussions, starting in December, devoted to technology and consumer privacy.
According to the FTC, the roundtables will address topics such as social networking, cloud computing, online advertising and mobile marketing, the goal being “to determine how best to protect consumer privacy while supporting beneficial uses of the information and technological innovation.”
by Marisa Taylor, Reporter, The Wall Street Journal
Fancy new smart phones and laptops may generate more buzz, but the desktop PC remains the workhorse of the office. Bosses who outfit staffers with mobile devices, however, may be able to wring more work out of them, according to a new Forrester study.
by Andrew LaVallee, Reporter, The Wall Street Journal
Ten privacy groups urged Congress on Tuesday to take greater steps to limit advertising that tracks consumers’ behavior online.
The coalition, which included the Electronic Frontier Foundation, Consumers Union and Privacy Rights Clearinghouse, singled out behavioral advertising, in which Internet users are tracked, analyzed and served ads based on the information gleaned from their movements, in its recommendations.
VMworld, the annual conference hosted by software maker VMware, is fast becoming one of the hot tech conferences, in large part because VMware’s technology has become an important selling point for tech-equipment makers like Dell and Cisco Systems. There are likely to be dozens of new product announcements made at the conference, which kicks off Monday.
Storage maker NetApp last week named Tom Georgens its chief executive. It was an orderly succession–Georgens was the company’s president and chief operating officer, and a board member since 2008–but as with any transition, the new executive will try to put his stamp on the company.
by Pui-Wing Tam and Jessica E. Vascellaro, Reporters, The Wall Street Journal
As Silicon Valley’s stock-driven wealth machine sputters in the recession, technology start-ups are exploring new ways for employees to tap their holdings.
by John J. Edwards III, News Editor, Weekend Journal, The Wall Street Journal
Though my own family might find it hard to believe, I don’t generally keep my BlackBerry on my nightstand overnight. I keep it in a bureau drawer, and the few seconds it takes in the morning to walk over there strike me as the difference between an addiction and mere avid use.
by Paul Sharma, Technology Columnist, Dow Jones Newswires
The prevailing wisdom has been that the important word in ‘digital advertising agency’ wasn’t the advertising as much as it was the digital. Technology was king.
That has all changed, as seen in two deals in the past week.
by Andrew LaVallee, Reporter, The Wall Street Journal
Last night’s “Charlie Rose” featured an interview with Ivan Seidenberg, chief executive of Verizon, who talked about communications in Iran, the company’s prospects for carrying Apple’s iPhone and the recent news that Verizon Wireless will carry a Google Android-powered cellphone.
Silicon Valley was abuzz Wednesday with news that the Justice Department had begun an antitrust investigation into the hiring practices of some of the best-known companies in the technology and biotech industries, including Google, Apple, Yahoo and Genentech.
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