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Startup lands $6.2 million; AMD creating new research operation in Austin

Monday, October 29, 2007 WEB DEVELOPMENT FiveRuns gets $6.2 million to boost product line, sales and marketing Austin software startup FiveRuns has raised $6.2 million from Austin Ventures to expand its product line and pump up sales and marketing.


Spammers stalking cell phone users

KANSAS CITY, Mo. — Spam has long been clogging computers. Now, it's showing up on cell phones. Spam has gone mobile. Increasingly, consumers are answering cell phone calls from telemarketers peddling time-share resorts, bogus lotteries or even porn.


Internet pioneer Cerf steps down after 7 years heading key Internet oversight group

NEW YORK — In the 1970s, Vint Cerf played a leading role in developing the Internet's technical foundation. For the past seven years, he's faced the more daunting task of leading a key agency that oversees his creation.


Microsoft, Blackberry maker trying to win over consumers

Earlier this year, Microsoft Corp. Chairman Bill Gates posed a question to his executives: Why do all his friends use rival Research in Motion's BlackBerrys?


High-tech guide to the stars; The Walkman is back; Free HDTV?

THE NEW YORK TIMESMonday, October 29, 2007 ASTRONOMY For naked eye or telescope, a guide to the stars Most of the stars in the heavens look pretty much alike: just points of light. And there are so many that it is hard to tell one from the other.


CIA's In-Q-Tel not just spying on innovation

NEW YORK — MotionDSP Inc. co-founder Sean Varah was in his office in San Mateo, Calif., in October 2006 when he got an e-mail from a potential investor.


H-P finds success in software shift

SAN FRANCISCO — Hewlett-Packard Co. chief executive Mark Hurd, who revived the company by outselling Dell Inc. in personal computers, is close to a payoff in a more lucrative product: software.


Borrowings might dip due to credit crunch

Amidst high interest rates and tightening loan conditions, the borrowings by the consumers are likely to sink this year


It's crunch time for 'Tabula Rasa'

It was the Friday before Labor Day, and Starr Long and his team were buckling down for a long weekend. While most other Austinites were heading to the lake or a backyard barbecue, employees at NCsoft Corp.


Watch out for tricks in 'magic' mortgage

Sunday, October 28, 2007 A new kind of mortgage can, as if by magic, make a 30-year mortgage disappear in half the time, or so the lenders claim. And that's what readers are telling me, just before asking whether it is too good to be true. The new mortgage is from Australia.


Business Calender

Sunday, October 28, 2007 EVENTS MONDAY University of Texas IC2 Institute — 6:30 to 8 p.m. Informational session about UT's one-year masters program in science and technology commercialization. IC2 Institute, 2815 San Gabriel St. Free. msstc@icc.


Greg Feste's telling trail of fumbles

In April 2004, the University of Texas McCombs School of Business cited Greg Feste's "impressive track record as an entrepreneur" in promoting his "VIP lecture series" talk at the school.


In a reverse of offshoring, companies look for labor closer to home

CORSICANA — Gary Richardson left this boomtown-gone-bust in 1996 for a computer job in Dallas, the big city 60 miles north. "I didn't think I would ever come back," Richardson recalled recently, "because there were no jobs like mine here." Not until this year, when Northrop Grumman Corp.


Lockhart history for sale

LOCKHART — Four bedrooms. Hardwood floors. Two stories with 11-foot ceilings. Guest house. Large oak trees. Historic designation. In Central Austin, such a home could fetch more than $1 million.


East Austin house made new inside

What: This four-bedroom, three-bathroom house is on East 14th Street, a few blocks away from Swede Hill Park. The neighborhood, just east of Interstate 35, has been traditionally called Swede Hill after the large number of Swedish immigrants who settled in or near this area in the 1870s.


Questions and answers about the mortgage market

WASHINGTON — Mortgages are complicated, and lending markets are in flux right now, but savvy, well-positioned consumers still can get the loans they need to buy, build or refinance a home.


Western Pennsylvania gets third Wright home within 30 miles

ACME, Pa. — Western Pennsylvania has long been home to two of renowned architect Frank Lloyd Wright's best-known works, Kentuck Knob and Fallingwater. Now, a third Wright creation, the Duncan House, has been moved here from Lisle, Ill.


Active Power reports higher sales and a narrower loss;

Saturday, October 27, 2007 POWER SYSTEMS Active Power's sales grow, loss shrinks Active Power Inc., an Austin-based maker of backup power systems, on Friday reported higher sales and a narrower loss for the third quarter.


Kerkorian plans $1.4 billion offer for 16 percent of San Antonio-based Tesoro

Kirk Kerkorian's Tracinda Corp. plans a $1.4 billion tender offer to acquire a 16 percent stake in Tesoro Corp., a San Antonio refiner whose profit rose tenfold in the past four years as gasoline demand and prices climbed.


Countrywide posts loss

Countrywide Financial Corp., the biggest U.S. mortgage lender, said Friday that profit will rebound from the first quarterly loss in 25 years as it cuts jobs and tightens lending standards. Its shares rose their most in two decades.


DOT: 'Congestion pricing' most likely solution to air travel delays

WASHINGTON — Ticket prices to and from New York's John F. Kennedy International Airport "most likely" will have to rise during peak travel hours next summer to help relieve flight traffic jams, a U.S. Department of Transportation official said Friday.


BartonPlace condos developers land construction loan

Strong pre-sales have helped developers of the $95 million BartonPlace condominium project land a construction loan from IBC Bank in Austin.


Apple Inc.'s delayed update to the Mac OS X operating system hit store shelves Friday; Google Inc. is confident that its $3.1 billion bid for online ad tracker DoubleClick will win over regulators

Saturday, October 27, 2007 SOFTWARE Apple lets operating system update Leopard out of the bag SAN JOSE, Calif. — Apple Inc.'s delayed update to the Mac OS X operating system hit store shelves Friday.


Passport to Wealth Founder Darren Gaudry Recently Travels to the Island of Cebu in the Philippines to Help the Less Fortunate

While Darren Gaudry is Considered a Great Humanitarian for the Wonderful Work He Does for the People in Cebu. It Must also be Considered, that Being the Founder of Passport to Wealth, He is Responsible for Thousands of Everyday People Living the Dream of Financial Freedom.


Vignette Corp.'s net income slips 7.2 percent in the third quarter; National Instruments saw revenue increase 12.4 percent.

Friday, October 26, 2007 SOFTWARE Third-quarter profit at Vignette down on weak license revenue Lower-than-expected license revenue pushed Vignette Corp.'s net income in the third quarter down 7.2 percent and revenue down 11.7 percent compared with a year earlier.







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