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Posts Tagged ‘invested’

Chip Shot: Intel Capital America Fund 80% Invested

At the eleventh annual Intel Capital CEO Summit in Huntington Beach, CA, Intel President and CEO Paul Otellini gave an update on Intel Capital’s Invest in America (IIA) Fund, a $200 million commitment to investing in innovation in the U.S. over the next two years.  In less than nine months, Intel Capital has invested nearly 80% of the committed dollars in 56 companies around the country. These investments, totaling $156 million, are in exciting new areas from cloud computing and cleantech to educational gaming and smartphones. Intel, along with 24 fellow Venture Capitalists,  is committed to the nation’s global competitiveness and investing in industries that will produce the next high tech jobs in the U.S.

IT Is Heavily Invested in ERP, Application Consolidation Rising

A 2010 study examines the maturity of IT adoption and highlights how heavily invested ERP is in the IT ecosystem. Similarly, efforts to condense and compact application systems to save money are happening with higher frequency. – A
close examination of the IT system maturity as it relates to funding finds
enterprise resource planning (ERP) to be the most mature technology across a
spectrum of enterprise, midsize and small companies. Out of 19 technology areas
being implemented, ERP takes the cake.
quot;About
two third…


US President Barack Obama congratulated Hamid Karzai on his re-election as President of Afghanistan and asked him to improve governance, besides eradicating corruption. Congratulating Karzai over telephone on his re-election on Tuesday, Obama told the Afghan leader that his administration needs to be more serious in its efforts to eradicate corruption. Later, Obama said that Karzai assured him that he understood the importance of the time of his re-election. “But as I indicated to him, the proof is not going to be in words, it is going to be in deeds,” Obama said. Informing reporters about his call with Karzai, Obama said at his Oval Office, “I spoke with President Karzai and I congratulated him on his election for the second term as President of the Islamic Republic of Afghanistan.” Although the process was messy, the US President said he was pleased with the final outcome as it was in accordance with Afghan law. This, according to him, was important not only for the international community that has invested so much in Afghan success, but most importantly, is important for the Afghans that the results were in accordance with and followed the rules laid down by the country’s constitution. “I did emphasize to President Karzai that the American people and the international community as a whole want to continue to partner with him and his government in achieving prosperity and security in Afghanistan,” Obama said.

Iran said on Monday it is ready for new talks on how to procure nuclear fuel for a Tehran research reactor and prepared to purchase the supplies from any world producer.
“We are ready for the next meeting regarding the supply of fuel for the Tehran research reactor,” Ali Asghar Soltanieh, Iran’s envoy to the [...]