Wednesday, December 7, 2011

Cloud stocks jump on SAP bid for SuccessFactors (Reuters)

(Reuters) ? Stocks of several cloud-computing companies rose on Monday, after German software giant SAP offered to buy Web-based software maker SuccessFactors at a high premium on Friday.

Shares of SuccessFactor's closest rival Taleo jumped by a fifth to a life-high of $39.92 in early morning trade on Nasdaq.

BMO Capital raised its rating on Taleo to "outperform" from "market perform" on Monday.

"The cloud software sector is being consolidated faster than we were expecting, and most investors will likely conclude that Taleo is the most obvious acquisition candidate and that Oracle is the most obvious buyer," it said in a research note.

The SuccessFactors acquisition will help SAP catch up with rival Oracle Corp, which recently said it would buy online customer service company RightNow Technologies Inc.

These acquisitions are expected to spur interest in the cloud technology market, which includes companies that provide sales force automation, human resources and databases.

Companies that make software to help corporations hire, train and retain employees and sell their wares online, have especially been investor favorites even during the downturn.

The near-$3 billion human resources management market is expected to grow exponentially this year as the job market changes and a younger population with very different needs enter employment.

Shares of other software-as-a-service companies, such as Cornerstone OnDemand Inc, Kenexa Corp, Ultimate Software Group Inc also rose sharply in reaction to the news.

E-commerce firm Ariba Inc and travel and expense management software maker Concur Technologies Inc (CNQR.O) were also up in early trade.

(Reporting by Sayantani Ghosh in Bangalore; Editing by Joyjeet Das)

Source: http://us.rd.yahoo.com/dailynews/rss/software/*http%3A//news.yahoo.com/s/nm/20111205/tc_nm/us_cloudcomputing_shares

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Tuesday, December 6, 2011

3 charged for murder plot against Swedish artist (AP)

STOCKHOLM ? Three men were charged Tuesday with plotting to stab to death a Swedish artist who has faced numerous threats from Muslim extremists for depicting the Prophet Muhammad as a dog.

The men, ages 24 to 26 and of Somali and Iraqi origin, were arrested in the city of Goteborg on the eve of the 10th anniversary of the Sept. 11 terrorist attacks in the United States.

According to the charges, the suspects were planning to use knives to kill Lars Vilks, whose 2007 drawing of Muhammad offended many Muslims and rekindled a debate over free speech and Islam that raged a year earlier when a Danish newspaper printed 12 caricatures of the prophet.

Images of Muhammad, even favorable ones, are considered blasphemous by many Muslims.

The evidence included wiretapped phone conversations between the suspects and a note pad belonging to one of them, prosecutor Agnetha Hilding Qvarnstrom said.

Calls to the suspects' defense lawyers were not immediately returned.

An art gallery celebrating the opening of an exhibition was evacuated in connection with the arrests, and police originally treated the case as a terror investigation. They later relabeled it as a murder plot.

Vilks, 65, had mentioned on his blog that he planned to visit the exhibition, but he did not attend the opening ceremony.

The three men carried knives when they were arrested near the central train station in Goteborg on Sept. 10, the charges said, adding they had scouted the art gallery and one of them had gone inside to ask for Vilks.

The Swedish artist has been at the center of several planned attacks.

A Pennsylvania woman earlier this year pleaded guilty in a plot to try to kill Vilks. Two brothers were convicted in Sweden of trying to burn down his house last year.

Also last year, a suicide bomber who blew himself up in Stockholm referred to Vilks and the presence of Swedish troops in Afghanistan in an audio recording sent to a Swedish news agency before the bombing. No one else died in the attack.

"I have had so many incidents like these now I have become accustomed to it," Vilks told The Associated Press on Tuesday. "But I have a bodyguard now so it is difficult to get to me."

The trial is expected to start later this month. Vilks said he will participate by telephone.

Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/ap/20111206/ap_on_re_eu/eu_sweden_murder_plot

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Monday, December 5, 2011

Rush ballot in Israel's Likud linked to U.S. outlook (Reuters)

JERUSALEM (Reuters) ? Prime Minister Benjamin Netanyahu called on Monday for a snap leadership vote in his Likud party, a contest he is expected to win and which could pave the way for an early national election in Israel.

Some commentators said Netanyahu was quietly preparing for the possibility that President Barack Obama, with whom he has had a testy relationship, will win a second and final term in November, a year before Israel's currently scheduled ballot.

Freed of campaigning interests if he wins, the Democratic president could redouble pressure on the rightist premier to accommodate the Palestinians in peacemaking, deepening political division in Israel to the Likud's detriment, analysts predict.

"I wish to announce that I will request elections on January 31 for the leadership of the Likud and its candidate for prime minister," Netanyahu told Likud legislators at the open part of their weekly meeting in parliament.

"I want to have it now, not only to save good money for the party, but also to avoid internal anguish, so that we, as the leading party, can grapple with the issues that stand before us," he said.

Netanyahu loyalists said that by holding the leadership ballot on January 31, the party could cut costs by piggybacking on a vote set for its local lists on that date. The Likud charter requires party leadership votes to take place at least six months before national elections.

"Let's be honest, no one really thinks that the prime minister, who is really, at the end of the day, running things well, and has wall-to-wall support in the Likud, will not be elected," said Environment Minister Gilad Erdan of the Likud, whose central committee must be convened to authorize the date.

CARROT TO STICK

Hanan Krystal, Israel Radio's political analyst, said Netanyahu might also opt to bring forward the next Israeli general election, due in November 2013, should Obama look likely to beat Republican rivals in the U.S. ballot.

Resented among Jewish and conservative Christian voters over his handling of the Netanyahu government, Obama last week promoted his administration's efforts to secure Israel from foes like Iran.

"At the highest echelons, they have long been saying that if Obama is elected for a second term, the carrot will be replaced by a stick," Krystal said.

"In other words, the election of Netanyahu in January or February to head the Likud allows him to bring the (general) election forward in accordance with Obama's prospects, which are currently good," he said, adding that, if rescheduled, the national ballot would likely be held in mid-2012.

An Israeli government official said Netanyahu was keeping to the November 2013 general election date.

"There is no reason why the government should not serve its full term," the official said. "The coalition is stable."

The Likud straddles a wide conservative-religious coalition, but cracks have appeared among some of Netanyahu's key allies.

A draft corruption indictment against Foreign Minister Avigdor Lieberman of the far-right Israel Beiteinu could force him from office. Lawyers for Lieberman, who denies wrongdoing, are scheduled to meet Israel's attorney-general in the middle of this month in a last-ditch appeal to shelve the charges.

Another powerful coalition partner, Interior Minister Eli Yishai of the Orthodox Jewish party Shas, has been dogged by allegations of mismanaging a forest fire in northern Israel last year. A state audit on the affair is due out within months.

Netanyahu has enjoyed approval ratings of between 40 percent and 60 percent in recent months, a period in which he addressed the United Nations on his peace vision, rode out an Israeli cost-of-living protest movement, and authorized a prisoner swap with Hamas that repatriated a soldier held in Gaza for five years.

He also faces little threat from the political opposition, whose leading party, the centrist Kadima, has been riven by infighting.

(Editing by Mark Heinrich)

Source: http://us.rd.yahoo.com/dailynews/rss/mideast/*http%3A//news.yahoo.com/s/nm/20111205/wl_nm/us_israel_election

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Western Digital Fires Up First Flooded Factory In Thailand As Recovery Continues

OLYMPUS DIGITAL CAMERAThe recent floods in Thailand have wreaked devastation on the factories in the area; some were under a dozen feet or more of water, and all manner of companies were affected by the damage. Nikon and Samsung delayed cameras and a shortage of hard drives has caused a spike in prices. The recovery effort is progressing apace, and the affected areas are being pumped or drained clear of water. Power was restored in the last week in some areas and Western Digital has just turned the lights back on at one of its factories there.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/GqsiQLa0PaY/

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Sunday, December 4, 2011

Mysterious Metal Object Crashes Through Roof of Mass. Warehouse (LiveScience.com)

A three-pound piece of metal was found lying on the floor of a Massachusetts warehouse on Thursday (Dec. 1). What made this remarkable was the gaping hole discovered directly above it in the roof.

"We don't know when exactly it fell, but we found it at 11 o'clock [a.m.]," Andrew McWilliams, an employee of Michael's Wholesale Furniture Distributors in Plymouth, Mass., told Life's Little Mysteries.

The chunk of metal appears about the same size and shape as a tall, skinny soda can, but the silvery cylinder has a tarnished look to it.

The workers reported their find to the Federal Aviation Administration (FAA), which promptly sent an inspector to investigate. All parties initially guessed that the piece of metal may have fallen off a passing plane, but the FAA later ruled out that possibility, according to CBS Boston.

"We have no idea what it is. At this point, we can only speculate. No clue," said Plymouth police Capt. John Rogers. "This would have had to come through with some significant force or velocity to get through the warehouse roof and cause damage." [See the damage]

One possibility is that the metal chunk may have fallen from space. There are approximately 20,000 bits of manmade space junk in low-Earth orbit that are as big as or bigger than the chunk that crashed through the warehouse. These usually burn up during re-entry when they fall into Earth's atmosphere, but sizable pieces occasionally make it to the ground.

McWilliams said the FAA "confiscated" the piece of debris and is continuing to investigate its source.

Follow Natalie Wolchover on Twitter @nattyover. Follow Life's Little Mysteries on Twitter @llmysteries, then join us on Facebook.

Source: http://us.rd.yahoo.com/dailynews/rss/science/*http%3A//news.yahoo.com/s/livescience/20111201/sc_livescience/mysteriousmetalobjectcrashesthroughroofofmasswarehouse

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Saturday, December 3, 2011

Video: PRESS Pass: Inside the GOP Race with Politico?s Mike Allen

October 30: Plouffe, roundtable

Nearly a year away from the 2012 election, we?ll talk to the president?s 2008 campaign manager, now White House Senior Adviser, David Plouffe. Then author of the definitive new biography on the late Apple CEO, Steve Jobs, Walter Isaacson; Author of the new book ?The Time of Our Lives,? NBC News Special Correspondent, Tom Brokaw; Former Governor of Michigan, Jennifer Granholm; and Republican strategist, Mike Murphy.

Source: http://www.msnbc.msn.com/id/3032608/vp/45512707#45512707

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Friday, December 2, 2011

AP source: Red Sox, Valentine agree to terms

FILE-This Nov. 21, 2011 file photo shows ESPN analyst Bobby Valentine smiling as he answers questions from reporters following his interview for the vacant Boston Red Sox manager position, at Fenway Park in Boston. A person familiar with the decision says the Boston Red Sox have chosen Bobby Valentine to be their next manager and were working to complete a contract. The person spoke to The Associated Press on condition of anonymity Tuesday Nov. 29, 2011 because no announcement had been made. (AP Photo/Bizuayehu Tesfaye, File)

FILE-This Nov. 21, 2011 file photo shows ESPN analyst Bobby Valentine smiling as he answers questions from reporters following his interview for the vacant Boston Red Sox manager position, at Fenway Park in Boston. A person familiar with the decision says the Boston Red Sox have chosen Bobby Valentine to be their next manager and were working to complete a contract. The person spoke to The Associated Press on condition of anonymity Tuesday Nov. 29, 2011 because no announcement had been made. (AP Photo/Bizuayehu Tesfaye, File)

FILE-This Aug. 14, 2002 file photo shows New York Mets manager Bobby Valentine leaning on the dugout rail before their start against the San Diego Padres at Shea Stadium in New York. A person familiar with the decision says the Boston Red Sox have chosen Bobby Valentine to be their next manager and were working to complete a contract.The person spoke to The Associated Press on condition of anonymity Tuesday Nov. 29, 2011, because no announcement had been made. (AP Photo/Ron Frehm, File)

(AP) ? A person familiar with the negotiations says the Boston Red Sox have agreed to terms with Bobby Valentine on a contract that will make him the team's new manager.

Valentine returned from a trip to Japan on Wednesday and is expected to be introduced at Fenway Park on Thursday, said the person, who spoke on the condition of anonymity because the deal had not yet been signed.

Terms of the agreement were not disclosed.

Valentine, 61, formerly managed the New York Mets and Texas Rangers. He replaces Terry Francona, who led the Red Sox to two World Series titles and also the biggest September collapse in baseball history.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2011-11-30-BBA-Red-Sox-Valentine/id-991b49ad417844ceb5f39874c5c2e11d

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