TOP 100 FREEWARE AND SHAREWARE SITES
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| Uproar Over E.T. Hunter Misplaced, SETI@home Founder Says Experts say the SETI@home program is getting a bad rap. feeds.pcworld.com |
Verizon ETF Policies Validate Why We Need the FCC Verizon defended the doubling of its early termination fees (ETF) in a response to the FCC, but the response just reinforces why the FCC needs to be involved. feeds.pcworld.com |
Meru Files for Enterprise Wi-Fi IPO Enterprise wireless LAN vendor Meru Networks has filed for an initial public offering, looking to raise as much as US$86.25 million. feeds.pcworld.com |
5 Web 2.0 Startups to Watch in 2010 Keep an eye on these five businesses that bring fresh ideas to the Web 2.0 arena. From search to microbogging, these tools deserve your attention. feeds.pcworld.com |
Salesforce.com Shocks Market with Debt Offering Zachary Scheidt submits: Investors in Salesforce.com (CRM) are hitting the panic button Tuesday after the company announced an unexpected debt offering. According to the press release which came out after the close on Monday, CRM will be issuing $500 million worth of convertible senior notes to qualified institutional buyers. There is an option for purchasers to buy an additional $75 million if the demand is strong, so it is likely the deal will actually be valued at $575 million.Shareholders are especially concerned because the notes will be convertible – meaning that over some period of time we can expect dilution to shareholders. Now management stated in the press release that they have entered into an agreement with a counterparty to hedge against the risk of dilution. Essentially this likely means that CRM will have an option to purchase shares which it will pull out of the market to offset the additional shares issued when the notes are converted to equity.Complete Story » seekingalpha.com |