5 Tech Observations to Start Your Day 120914

Good morning, I.T. entrepreneurs. Here are five technology news blogs, rumors, chatter, gossip, observations and more to start your day for Tuesday, Dec. 9, 2014.

Actually, today's update includes nine items...

9. Billions Wasted On Bot Ads: Imagine if you purchased an online ad campaign, only to discover your viewers were bots and not real people? That's what's happening with about 11 percent of display ads, according to research from White Ops Inc. While there's no perfect way to detect and eliminate the bots, ask your media company the following: What are you doing to monitor your traffic, detect traffic from suspicious locations and then block that traffic? Alas, some media companies basically have a "don't ask, don't tell" policy on bots -- because every page view and ad impression is valuable. But start asking...

8. Everybody's Doing It... A Little Faster: Google says cloud adoption is accelerating. That's hardly surprising... until you notice Google is referring to Banks and Manufacturing customers worldwide. By the way, if your focused on the banking industry, here's where banks plan to spend IT dollars in 2015. As for me, my bank just closed its branches on the weekends. Now, they're about to lose my money to an online alternative...

7. Did I Really Say That?: Facebook search can now find specific posts. If you're trying to troll through my post history let me just say this: Yes, I really meant to say all that. Except for the time Scott Barlow and I wound up in a Las Vegas deli at 3:00 a.m. on a Saturday and, well...

6. Take The Money And Run: Four co-founders of Infosys Ltd. and their families cashed out $1 billion in stock on Monday, according to Law360. "One... Billion... Dollars." Current Infosys CEO Vishal Sikka said he understands the founders' decision to diversify and pursue philanthropic endeavors. So do I. And I'm certainly available to advise on where to put that money... 

5. Next Waves: SMB Nation veteran Jim Trayler has joined Verizon Wireless as a business account exec. (Congrats, Jim.) Sure, mobile and cloud are big areas of focus. But be sure to ask Jim about M2M (machine to machine) computing in telematics and telemetry...

4. SEC Watching Tech Companies: If you're an I.T. entrepreneur who hopes to take a company public someday, consider this letter of warning. The SEC has been asking more and more tech companies about their internal controls -- you know, compliance questions. Then again, maybe it's nice to hear first from the SEC before North Korea allegedly hacks your systems and publishes all of your employee compensation information...

3. Coming Tonight: New Cloud Nation owner Steve Ferman describes what it's like to build a business atop Amazon Web Services. You'll hear that, and more, during our latest Good Evening, I.T. Entrepreneurs podcast (www.AfterNines.com/CEO) at 9:01 p.m. ET tonight.

2. Lowball Offers Arriving on Amazon: So, you're an online merchant that sells goods on Amazon.com. For better or for worse, customers can now "make an offer" on goods -- and the offer can be far below the seller's asking price. Is Amazon killing your margins -- or actually improving your business by triggering more customer interactions and inventory churns?

1. Legal Battle Ends: Several former Kaseya executives filed suit against the company in November, claiming current Kaseya ownership illegally withheld about $5 million from the executives. Details surfaced in some court documents I found. The feud involved the company's June 2013 sale (for about $200 million, by the way). Sometime thereafter, Kaseya allegedly suffered a SQL injection vulnerability hack. Current management allegedly blamed former management for the coding problem, and withheld about $5 million of the company sale proceeds. As of early December, court documents indicate former Kaseya management is no longer pursuing the case. I'm wondering if current and former ownership somehow settled... but I haven't spoken with sources directly about this...

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