Archive for November 10th, 2009
Avanta Managed Offices is pointing to early signs of improvement in demand for serviced office space in London. Although Avanta only has its own revenues as backup, the story is compelling and should encourage the worldwide executive office suites industry of brighter days ahead.
David Albert, Avanta’s managing director, says the company’s business in London has remained “remarkably robust” despite the general economic challenges of the past 12 months. Specifically, Avanta’s year-over-year revenue was up 27.5 percent in the quarter ended March 2009. Year-over-year EBITDA was up £6.7 million. That’s impressive in a down economy and points to a slight shift in workspace strategies from companies large and small.
Read the rest of my story on aBetterOffice.com.
November 10th, 2009
Apple iPhone owners Down Under are reporting their jailbroken iPhones have been hit with a worm that hijacks their wallpaper, changing it to an image of 1980s pop star Rick Astley, and eats up their bandwidth. Although the worm may have spread beyond Australia, there are no confirmed reports yet.
The hacker, who calls himself ikex, claims to have infected 100 iPhones with the malware. The true identity of ikex is 21-year-old Ashley Towns, who shows no public remorse about the hack.
SophosLabs is analyzing the worm’s code, which suggests that at least four variants have been written. One of the attributes of the latest variant is that it tries to hide its presence by using a file path suggestive of the Cydia jailbreaking tool.
Click here to read the rest of my story on CIOToday.
November 10th, 2009
In a move to gain ground in an ultracompetitive mobile advertising market, Google on Monday announced it has agreed to acquire mobile-ad technology provider AdMob for $750 million in stock. Google painted a win-win portrait of the acquisition, noting it will enhance the company’s expertise and technology in mobile advertising and give advertisers and publishers more choice in this emerging market.
“Mobile advertising has enormous potential as a marketing medium and, while this industry is still in the early stages of development, AdMob has already made exceptional progress in a very short time,” said Susan Wojcicki, vice president of product management at Google. “AdMob is the quintessential Silicon Valley startup — generating impressive year-on-year revenue growth — and we’re excited to welcome this talented team to Google.”
Read the rest of my story on NewsFactor.
November 10th, 2009
