Scoutmob Attracts Investors and Partners by Saying It’s Not a Daily Deals Company

Scoutmob was able to attract $3.25 million in new funding and a major new payments partner by pitching itself as a mobile company and not as a fledgling competitor in the daily deals space.
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Google Wallet Hardware Partner Raises $24 Million in Capital

ViVOtech, one of the software and hardware providers behind Google’s mobile payments initiative, has raised $24 million to top off its third round of funding.
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Replacing Dirk Meyer at AMD Will Be No Easy Task

The sudden departure of AMD’s third CEO leaves a big problem in its wake that says more about the state of the company than it does about him.

John Channels Carly Fiorina and It Ain't Pretty

John Paczkowski reads a lovely selection from Carly Fiorina’s appalling memoir, “Tough Choices”, about her clearly hostile feelings for former Compaq head Michael Capellas. The screamingly unhappy merger partner of the former Hewlett Packard chief, Capellas was named today as transaction processor First Data’s new CEO, despite the fact that Fiorina tried to strike a [...]

Doin' the Curly Shuffle

If First Data’s board of directors owns a copy of former Hewlett Packard CEO Carly Fiorina’s memoir, “Tough Choices,” they clearly don’t lend much credence to her withering assessment of former Compaq Chief Executive Michael Capellas. Because this morning, the Denver-based transaction processor said it will name him as CEO following completion of the acquisition of the company by Kohlberg Kravis Roberts & Co.

Doin’ the Curly Shuffle

If First Data’s board of directors owns a copy of former Hewlett Packard CEO Carly Fiorina’s memoir, “Tough Choices,” they clearly don’t lend much credence to her withering assessment of former Compaq Chief Executive Michael Capellas. Because this morning, the Denver-based transaction processor said it will name him as CEO following completion of the acquisition of the company by Kohlberg Kravis Roberts & Co.