Code Advisors Takes a $25 Million Investment From J.P. Morgan

Big and little investment banks join hands to take on Silicon Valley better.
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News Byte

Mobile Banking Provider Clairmail Sells to Monitise for $173 Million

A big payday today for one of the companies competing in the ultra-competitive mobile banking space. U.K.-based Monitise has agreed to acquire Clairmail of San Rafael, Calif., for $173 million, pending regulatory and shareholder approvals. Together, the two companies will provide banking technology to financial institutions worldwide.

Can This Broken Robot Help Save Cisco Systems?

A new advertising campaign aims to help Cisco Systems reintroduce itself to its customers, and remind them what it does best.
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Yahoo’s Interim CEO in Internal Meeting: “Time Is a Constraint” (Also, Blame the Media!)

I don’t know why I am not just invited to these Yahoo gatherings, since it would make my life a lot easier.
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Will the Next Groupon-Killer Be Your Bank or Even a Hotel?

Just about every company wants to get into the daily deals space. Soon you may start getting offers from your bank, hotel chains or airlines.
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Voices

Banking Via a Cellphone and a Shack

Mavis Nonkongozelo walks up to the Five Sisters convenience store here, then pulls a mobile phone from her bag and a few rands from her brassiere. She is ready to bank. With a few taps on her cellphone, the 34-year old preschool teacher connects to a nascent mobile-banking network aimed at Africa’s new consumers.

News Byte

Priceline Founder Sues More Than 100 Tech Companies

Jay Walker, the founder of priceline.com, who is now associated with a company called Walker Digital, has filed 15 patent infringement lawsuits against more than 100 defendants, including Microsoft, eBay, Amazon, Facebook, Walmart, Groupon, Apple, Sony and Google, reports paidContent.org. The suits are similar to patent claims filed last year by Paul Allen against Google, Apple and others. Walker charges that he should be paid royalties for online games, banking and payment systems, GPS navigation, and other technologies.

Worries About Phishing Attacks Rise as Epsilon Data Breach Mess Goes On

More companies are drawn into the Epsilon data breach. But don’t worry. Its parent, Allied Data Systems, says it expects “minimal impact” on its operations. Meanwhile, worries about phishing attacks against consumers remain high.

Google's Bing Attack Has Larry Page Written All Over It

While he won’t officially take over as CEO of Google until April, the recent full-frontal slapfest on Microsoft’s Bing search engine for shoplifting results from the search giant was so Larry Page in tone and temperament that it brought back memories from many years ago when I covered Google more closely. I would wager that we’re about to see a lot more of this pugnacious, in-your-face tone from Google under Page’s leadership, which could have far-reaching implications for the company.

As Web IPOs Heat Up, Prominent Internet Analyst Khan Jumps From J.P. Morgan to Banking at Credit Suisse

In yet another sign that the Internet market is getting very interesting to Wall Street, well-known analyst Imran Khan is jumping from his perch as managing director at J.P. Morgan to become a banker at Credit Suisse, sources said. In this new role, the high-profile Khan–well known for his reports on digital companies–will be running investment banking for Internet markets, including IPOs and M&A.

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