Archive for January 3rd, 2011

First Tablets from Lenovo

Posted on: January 3rd, 2011 by admin No Comments

I hope that the Lenovo executives has done a very good job analyzing the enterprise tablet market based on pricing this at a range of $1,000. According to PCWorld (2011-01-03), Lenovo will show its first tablets this week as it moves to make a mark in the fast-growing market led by Apple’s iPad and Samsung’s Galaxy Tab.

The tablets will be targeted at consumers at multiple price points, said Nick Reynolds, director of global marketing of the product group at Lenovo.

The tablets could include the LePad, which is based on Google’s Android OS and is due for launch early this year.

The company has been designing tablets for more than a year, but no product has yet reached the market. At last year’s CES the company showed the IdeaPad U1, a hybrid PC that included a detachable touchscreen that could be used as a tablet. The device was due to ship in the second half for under $1,000, but the product has been delayed. read more …

Facebook Gets a Half a Billion in Private Investment

Posted on: January 3rd, 2011 by admin No Comments

NYTimes (2011-01-03) - Allegedly Facebook has rased $500 million from GodlmanSachs and a Russian investor (Digital Sky Technologies).  On Sunday night, a number of Goldman clients received an email from their Goldman broker, offering them the opportunity to invest in an unnamed “private company that is considering a transaction to raise additional capital.”

property of Facebook

The email sent to Goldman clients warns that recipients who trade in secondary markets where private firms like Facebook trade may want to steer clear of participating because if they opt in they may receive material non-public information on the unnamed company that will restrict future trading.

Another person briefed on the deal said that Goldman clients would have to pony up a minimum of $2 million to invest and would be prohibited from selling their shares until 2013.

read more …