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Another player has entered the battle to dominate the Internet infrastructure known as the cloud: An open-source cloud company called 10gen just raised $1.5 million from Union Square Ventures. The New York startup's platform sounds similar to Google App Engine — namely, it's an environment to build, host and scale web applications in [...]...

Over the last five years, we've seen a staggering creation of wealth by two companies with mobile device strategies: Apple (which owns the iPod and iPhone) and RIM (which owns the blackberry). Their success comes even as the major operators have stagnated — the big three have created almost no value at all. Below is a chart [...]...

Apple easily beat estimates for its third quarter results today. It had the best June quarter for both revenue and earnings in the company's history and the best quarter ever in terms of Mac shipments. Great news right? Well, not from Wall Street's perspective. The stock is tanking in after-hours trading. The reason? A weak outlook [...]...

Strauss Zelnick is chairman of Take-Two Interactive, the hottest video game company on the planet thanks to its popular Grand Theft Auto IV, which sold more than 6 million copies in the first week alone. He is CEO of entertainment investment company ZelnickMedia and was previously CEO of music and entertainment company BMG Entertainment (now [...]...