A $73.5 million investment in shares of Apple Inc. is now worth $207 million
Oil revenues from the Trans-Alaska Pipeline provided the capital for the Alaska Permanent Fund, a giant savings account created by the state's voters 1976 to make sure the legislature didn't spend the windfall all at once. But what's fueled the fund's growth in recent years -- and helped it hit a record $40.1 billion this week -- are its MOREPhilip Elmer-DeWitt - Aug 3, 2011 6:41 AM ET
Image: Gary King
Buyers of Cisco Systems' (CSCO) high-end videoconferencing solution, TelePresence, tend to be deep-pocketed enterprises like SAP (SAP AG) and Bank of America (BANK). Why? It costs about $300,000 to set up the screens, cameras, infrastructure, lights and furniture necessary to TelePresence-enable just one room.
So it's no surprise that smaller players--like newcomer Vidyo--are trying to undercut Cisco. Last week the New Jersey-based startup introduced a lower-cost telepresence solution for the MOREMichal Lev-Ram, writer - Jun 14, 2011 11:28 AM ET
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"We have disappointed our investors and we have confused our employees."
-- Cisco CEO John Chambers in a company-wide email. (Wall Street Journal)
Cisco CEO John Chambers sent out a company email admitting the company has lost its way and needs a major overhaul of its operations. He MOREJP Mangalindan, Writer - Apr 6, 2011 5:00 AM ET
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President Obama wined and dined many of Silicon Valley's top execs last night during his first official trip to the San Francisco Bay Area. On the guest list: Apple CEO Steve Jobs, Facebook CEO Mark Zuckerberg, Twitter CEO Dick Costolo, Google CEO Eric Schmidt, Oracle CEO MOREJP Mangalindan, Writer - Feb 18, 2011 8:33 AM ET
A curated selection of the day's most newsworthy tech stories from all over the Web.Remember when Facebook updated your Profile page back in December? Well, looks like the rest of the social network is catching up. The site released a similar design for fan or group pages like Fortune's -- which, by the way, you should "Like" if you haven't already -- that incorporates many of the same changes with MORE JP Mangalindan, Writer - Feb 11, 2011 6:00 AM ET
A curated selection of the day's most newsworthy tech stories from all over the Web.
"Once Steve Jobs goes away, which is probably not far away, then Apple will have to make a strategic decision on whether to open up the platform. ... What's the reason for him [Jobs] to trash Flash? There's no reason other than ego." -- Netgear co-founder Patrick Lo in Sydney Australia. (The Register)
"Steve Jobs doesn't give MOREJP Mangalindan, Writer - Feb 1, 2011 3:19 AM ET
C-level positions don't get created overnight. So what is it about the cloud computing revolution that merits a seat in the executive suite?
The cloud: A once, well, hazy term that describes the increasingly vast array of software, applications, and data storage tools that live not on users' home PCs but on the Internet, is taking form. Cloud computing, as tech companies would have us understand it, encompasses all kinds of MOREShelley DuBois, writer-reporter - Dec 6, 2010 1:21 PM ET
After two years of tight budgets, big companies have started spending money on information technology again. Who will be the winners in the new replacement cycle?
By John Curran, contributor
The forecast was alarming. When Cisco CEO John Chambers announced the networking giant's latest quarterly earnings on Nov. 10, he warned Wall Street that, due in part to cutbacks in spending by budget-strapped governments, sales for the next three months would probably MOREFortune Editors - Nov 22, 2010 3:00 AM ET
Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter. We've assembled the day's most newsworthy bits below.Those of you jonesing to get the latest tech news as it happens can sign up for the "Today in Tech" newsletter. So get to it!
Playing catch up with Google, Yahoo, and Microsoft's leading web-based email clients, Aol MOREJP Mangalindan, Writer - Nov 15, 2010 6:00 AM ET
Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter. We've assembled the day's most newsworthy bits below.Less than an hour after TV media like Anderson Cooper and Dr. Phil accused Amazon of "peddling pedophilia" for recognizing and selling a pedophile "how-to" guide on Amazon's Bestsellers list, the ecommerce site pulled it from its MORE JP Mangalindan, Writer - Nov 11, 2010 6:00 AM ET
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