If it’s in your town, it’s not called “welfare”
Facebook may create 200 jobs in Austin over the next four years, thanks to a $1.4 million incentive from the state of Texas. The move would be the first major U.S. expansion outside of Palo Alto, Calif., where the company is headquartered, according to officials. The city has also offered the company a $200,000 incentive. Facebook is investing about $3.1 million to set up operations in Texas, according to Gov. Rick Perry’s office.
More air travel in Austin
Passenger traffic at Austin-Bergstrom International Aiport was up 6 percent in January from a year earlier, the biggest gain in more than a year.
Covering profitable companies is clearly unprofitable
Gartner predicted $3.3 trillion in IT spending in 2010. But when we looked at coverage in the business press, enterprise IT themes (enterprise software, storage, networking equipment, etc.) barely register. Sure, there are awesome enterprise reporters at business publications (Steve Lohr, Ashlee Vance, and John Waters, to name a few). But in the overall editorial agenda, enterprise IT is treated like consumer tech’s snaggletoothed twin – it barely even makes the family photo. How underrepresented is enterprise IT in the business press? Oracle ($22 billion in revenue, $5 billion in profits) only cracked the top 10 companies by coverage for 1 of the 8 we looked at: Fortune. Cisco ($40 billion in revenue, $8 billion in profits) didn’t make it on anyone’s top 10 list. IBM ($100 billion in revenue, $12 billion in profits) wasn’t even in The New York Times’ top 20, and was #19 for The Wall Street Journal.
Tempest in a 5% teapot
I pointed Leigh at this post by Jeremy Allaire, founder and CEO of BrightCove, which gets into detail on the emerging battle between Flash and HTML5. As the post states, ‘there’s a lot of nuance here’ – and it’s by no means a foregone conclusion that Flash will be going away anytime soon. Also interestingly (and probably not coincidentally), $TIVO announced wide-ranging support for Flash this week. In addition, Flash currently represents only about 5% of Adobe’s revenue and is dwarfed by the revenues derived from its desktop applications business.
Software in 3D by lines of code
Air Force F-22 Raptor: 1.7 million
F-35 Joint Strike Fighter: 5.7 million
Boeing’s 787 Dreamliner: 6.5 million
Typical Mercedes/BMW/etc: ~100 million
Apple is a Mobile Device Company
Cook also pointed out that the majority of Apple’s revenues now comes from mobile devices (including laptops) or content for those devices. Indeed, if you look at the breakdown of Apple’s fourth quarter revenues of $15.7 billion, nearly $12 billion of that came from portable Macbooks ($2.8 billion), iPods ($3.4 billion) and iPhones $5.6 billion). And another $1.2 billion came from iTunes.
Windows 7 Mo’
It was just over a month ago..
