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The Money & Business Behind the Web 2.0 Innovations

Can Google lead amid its ever growing infrastructure and computation expenditures?

Published in January 10th, 2008
Posted by Web 2.0 Innovations in Business, Dell, Enterprise, Google, IBM, Internet, Investments, Microsoft, Money, Public Companies, Search Engines, Software, Technology
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While reading our daily dose of news, stories and events from the web sector we came across an interesting fact worth reading and mentioning further. Google seems to be processing huge amounts of data per day in their daily routines – 20 Petabytes per day (20,000 Terabytes, 20M GBs).
The average MapReduce job is said to […]

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Two major acquisition deals within the online storage space

Published in January 3rd, 2008
Posted by Web 2.0 Innovations in Acquisitions, Business, Draper Associates, Draper Fisher Jurvetson, EMC, IBM, Internet, Money, Public Companies, Software, Technology, Web 2.0
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IBM today announced it has acquired XIV, a privately-held storage technology company based in Tel Aviv, Israel. XIV, its technologies and employees, will become part of the IBM System Storage business unit of the IBM Systems and Technology Group. Financial terms of the acquisition were not disclosed but sources tell the price was $350M. 
XIV’s main product Nextra […]

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