Good morning, I.T. entrepreneurs. Here are five technology news insights, updates, rumors, gossip and plenty more to start your day.
Actually, today's update involves eight items.
8. Amazon Cloud Revenues: Amazon will finally disclose actual AWS revenues and growth rates as part of its earnings announcement later today. Some pundits think it's a $6 billion (annual) business, and AWS may represent the fastest-growing technology business ever. All the speculation will end later today when those Amazon financial results are announced.
7. Uncle Sam - Your New VC?: The Pentagon plans to open a Silicon Valley office and will provide venture capital to startups. Somewhere, the Skynet plan is unfolding...
6. Walmart Pursues Small Businesses, Entrepreneurs: Sam's Club, owned by Walmart, has introduced new services targeting small business owners. The effort potentially pits Sam's Club against Amazon Prime and American Express for the hearts, minds and dollars of small business owners. The Sam's Club small business perks include identity theft protection discounts from LifeLock; accounting services from 1-800Accountant; lending options; payment processing in partnership with First Data; and online marketing services from Web.com.
5. Up for Sale: NCR is "exploring strategic options" -- which essentially means that the point-of-sale and ATM machine maker is up for sale.
4. Salesforce vs Workday: The cloud CRM giant launched a range of HR tools -- putting Salesforce and Workday on a collision course in the cloud HR market. I remain long on both stocks...
3. Entrepreneurs vs. Angels: What happens when an entrepreneur and her investor no longer see eye-to-eye on a startup business's direction? Here's a timely reminder to entrepreneurs: Your investors could oust you if you don't carefully manage how a business is organized, funded and owned. That said, I still realize the vast majority of angel-entrepreneur relationships are healthy ones.
2. ConnectWise Hires CFO: CEO Arnie Bellini and President David Bellini have been looking to fill this position since at least November 2013. They've finally found the right executive: Eileen Kamerick. Why hire a CFO after all these years? Although I haven't interviewed the executive team since leaving my previous editorial position, I suspect hiring a CFO involves managing impressive growth and... sorry, I'm out of time for today's blog.
1. Stealth Fridays: Just a reminder. We don't update our blog or newsletter on Fridays. Instead, we're locked away working on some R&D the entire day. Every Friday. Have a great weekend and we'll be back with more insights on Monday.
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