Capital2's Blog

Recruitment and Career advice for the High Tech and Banking Industries

Capital2 in the news.

A piece on our plans to develop the local market around Sophia Antipolis and Monaco (no apologies made for the cheesey photo):

http://www.investincotedazur.com/fr/newsletter/index.php?txt=act9325

June 15, 2010 Posted by | Banking News, Jobs, Success Stories, Technology News, The Team | Leave a comment

Capital2 bosses speak at HEC Paris

February 12th, Capital2 Solutions founder Sam Kirby gave a talk to the 2009 MBA class at  HEC Paris (France’s top business school). The subject was the Hiring Markets for 2009 / 2010 and the hour long presentation gave rise to some healthy questions and debate at the end of the talk.

February 17, 2009 Posted by | Banking News, Capital2, Interview Technique, Macroeconomic News, random, Technology News, The Team | 2 Comments

A world without Word??? Microsoft sees past the Windows era!

Full story here: http://news.bbc.co.uk/2/hi/technology/7540282.stm 

This seems to be a logical step if the ‘virtualisation’ of software continues. The whole SaaS space and on-demand solutions are growing very quickly, Google is trialling the docs package and possibly looking at Salesforce.com as an acquisition….. Microsoft has to keep up.

But can you imagine how different computing will be without the Windows OS? We can’t!

August 4, 2008 Posted by | Technology News | | Leave a comment

Google’s new competitor?

Seems that the brains behind Google have escaped!!!!

MENLO PARK, California (Reuters) – A start-up led by former star Google engineers on Sunday unveiled a new Web search service that aims to outdo the Internet search leader in size, but faces an uphill battle changing Web surfing habits.

 

Cuil Inc (pronounced “cool”) is offering a new search service at www.cuil.com that the company claims can index, faster and more cheaply, a far larger portion of the Web than Google, which boasts the largest online index.

 

The would-be Google rival says its service goes beyond prevailing search techniques that focus on Web links and audience traffic patterns and instead analyzes the context of each page and the concepts behind each user search request.

 

“Our significant breakthroughs in search technology have enabled us to index much more of the Internet, placing nearly the entire Web at the fingertips of every user,” Tom Costello, Cuil co-founder and chief executive, said in a statement.

 

Danny Sullivan, a Web search analyst and editor-in-chief of Search Engine Land, said Cuil can try to exploit complaints consumers may have with Google — namely, that it tries to do too much, that its results favor already popular sites, and that it leans heavily on certain authoritative sites such as Wikipedia.

 

“The time may be right for a challenger,” Sullivan says, but adds quickly: “Competing with Google is still a very daunting task, as Microsoft will tell you.”

 

Microsoft Corp, the No. 3 U.S. player in Web search has been seeking in vain, so far, to join forces with No. 2 Yahoo Inc to battle Google.

 

Cuil was founded by a group of search pioneers, including Costello, who built a prototype of Web Fountain, IBM’s Web search analytics tool, and his wife, Anna Patterson, the architect of Google Inc’s massive TeraGoogle index of Web pages.

July 28, 2008 Posted by | Technology News | | Leave a comment

Typical! High tech sector next to suffer?

Well is the knock on effect of the credit crunch now starting to bite?? It seems like the knock on effect is that companies are scaling back on spending on the likes of IT and software.

According to Reuters:

BOSTON (Reuters) – U.S. technology companies have posted stronger quarterly profit growth than any sector except for oil, but investors fear that cracks are emerging as clients in troubled industries like finance, retail and construction reduce IT spending.

 

This week, business software maker VMware Inc (VMW.N: Quote, Profile, Research, Stock Buzz) issued a revenue warning, and Cisco Systems Inc (CSCO.O: Quote, Profile, Research, Stock Buzz) CEO John Chambers said many of his customers see the economy picking up early next year rather than later this year.

 

Wall Street is bracing for more bad news over the next few weeks as tech companies release earnings forecasts with their second-quarter reports.

 

“We’re definitely concerned about the September quarter and how we are going to finish the year,” said Rich Parower, managing director at J&W Seligman, which has about $4 billion in technology stocks.

 

“The economy has only gotten tougher,” the fund manager said, adding that he expects a rash of third-quarter forecasts to fall short of analysts’ estimates.

 

The tech earnings season starts in earnest next week, with Intel Corp (INTC.O: Quote, Profile, Research, Stock Buzz), IBM (IBM.N: Quote, Profile, Research, Stock Buzz), Microsoft Corp (MSFT.O: Quote, Profile, Research, Stock Buzz) and Google Inc (GOOG.O: Quote, Profile, Research, Stock Buzz) among the companies reporting results.

 

Analysts on average are looking for quarterly profit growth of about 47 percent from Microsoft, 39 percent from Intel, 35 percent from Google, and 14 percent from IBM, according to Reuters Estimates.

 

Overall, the 71 tech companies in the S&P 500 Index .SPX are forecast by Wall Street to report an average of 16 percent year-on-year profit growth for the second quarter, according to Thomson Reuters Proprietary Research.

July 13, 2008 Posted by | Capital2, Technology News | | Leave a comment

LinkedIn valuation??? Wow

From The New York Times this morning:

On Wednesday, LinkedIn will announce that it has raised $53 million in capital, primarily from Bain Capital Ventures, a Boston-based private equity firm. The new financing round values the company at $1 billion.

That heady valuation is more than the $580 million that the News Corporation paid for MySpace in 2005, but less than the $15 billion value assigned to Facebook last year when Microsoft bought a minority stake.

June 18, 2008 Posted by | Success Stories, Technology News | | 1 Comment

Economic slowdown now to affect technology markets??

Yeah well we need that like a hole in the head eh! However Adobe’s forecast announcement yesterday seem to indicate that the economic slowdown is now affecting the tech / software market.

From Reuters:

Adobe forecast revenue in a range of $855 million to $885 million for the fiscal third quarter, which ends August 29. That compares with an average analyst forecast of $876 million according to Reuters Estimates.

 

“Some investors … were expecting a higher forecast,” said Goldman Sachs analyst Sasa Zorovic.

 

The company, the world’s biggest maker of design software, also forecast third quarter per-share profit before items at between 45 cents and 47 cents, compared with the average Wall Street estimate of 45 cents.

 

Chief Executive Shantanu Narayen said that, while Adobe has so far been able to meet its financial targets in the midst of the U.S. economic slowdown, its fate could change if conditions worsen.

June 17, 2008 Posted by | Technology News | | Leave a comment

The big to keep getting bigger!

NEW YORK/SAN FRANCISCO (Reuters) – Hewlett-Packard Co is in talks to buy technology outsourcing company Electronic Data Systems Corp for $12 billion to $13 billion in a deal which would vault it to a close second to IBM in technology services.

 

The acquisition would be HP’s biggest since its $19 billion acquisition of Compaq in 2002. Shares of EDS rose nearly 28 percent, taking its market value to about $12 billion.

 

HP shares fell nearly 5 percent amid some skepticism that slow-growing EDS, still considered in turnaround mode, would provide more than a one-time boost, and might not be worth a premium of as much as 37 percent.

The technology market and our specific market area of enterprise software is extremely acquisitive…. this deal would put HP right up there with IBM and enable it to chase bigger clients to buy. The technology sector, whilst a comparatively young industry is already producing some huge huge companies. One to watch.

Don’t forget, for the best technology, software and banking jobs, visit our website www.capital2solutions.com

May 13, 2008 Posted by | Technology News | | Leave a comment

Microsoft and Yahoo…… the saga continues

News today that Microsoft have given Yahoo 3 weeks to respond to their offer to buy out the company as we reported in January. Microsoft could then potentially go the shareholders in an attempt to engineer a hostile takeover. Interesting times… are Yahoo right in saying the 44.6 billion dollar offer is undervaluing their brand, or are they just anti-Microsoft? Time will tell.

April 7, 2008 Posted by | Technology News | , | Leave a comment

Microsoft moves hugely into Search market

Well it had to happen sooner or later. Microsoft has bid over 44 billion dollars for Yahoo, and in a less publicised deal has acquired over 90% of FastSearch which covers the enterprise search market.

The cash on the table is staggering and reflects the value of the search market…….. there are also shouts of ‘anti trust’ and the usual fear of monopoly etc etc. But let’s face it, MSoft are an acquisitive company and the markets are low. Expect further market consolidation over the next few months!

February 4, 2008 Posted by | Technology News | , , , , , | Leave a comment