At the recent Fortune Brainstorm conference I spoke with Michael Capellas, CEO of First Data, which processes about one-half of all US credit card transactions.He said that the company collects massive amounts of financial data and that this part of the business is just ten percent of revenues--he wants it to be one half of total revenues within the next two years.
Tom Foremski: IMHO
Former Financial Times reporter Tom Foremski writes about Silicon Valley business trends and the intersection of technology and media.
Tom Foremski reports on the business and culture of Silicon Valley at the intersection of technology and media.
The best panel I saw at the recent Fortune Brainstorm conference was "2018: Life on the net." The moderator was Quincy Smith, CEO of CBS Interactive.
I've become a big fan of Joichi Ito CEO Creative Commons, Chairman of Six Apart after seeing him speak on a panel at the recent Fortune Brainstorm conference. In a room full of many smart people, Mr Ito is one of the smartest.
The other day I reported that Brad Smith, the CEO of Intuit, had asked his managers to see which jobs could be cut because there were volunteers among Intuit's 50m users that were doing a better job -- and for free. These seem to be the emerging business benefits from social media - user generated unemployment.
I spoke with Vint Cerf at the Fortune Brainstorm conference in Half Moon Bay. I asked him about net neutrality and the problems created by Telcos in trying to own the gateways to the Internet.
[Updated with video.]I'm spending a few days at Fortune Magazine's invite-only Brainstorm conference.
I was at Intel's Centrino 2 launch on Monday and I'm hoping that Centrino 2 can do the same thing Centrino 1 did for WiFi but this time for WiMAX -- make it a reality.The timing for Centrino 2 to be a change agent for WiMAX, as Centrino 1 was for WiFi is perfect.
I was recently over at Intel as part of the Intel Insiders group of leading bloggers pulled together to offer marketing advice to the world's largest chip maker. Sean Maloney, the number 2 exec at Intel and Chief Marketing Officer spoke about the "fog" of marketing online.
The recent $100 million acquisition of Powerset, the semantic search engine company, by Microsoft looks to be more to do with advertising than beefing up the software giants' search capabilities.So far, Powerset has only demonstrated its technology against Wikipedia.
I just finished a news story about VeriSign's (NASDAQ: VRSN) secure OpenID services chosen by Microsoft for HealthVault users. The story discusses VeriSign's DNS services and its OpenID services and asks if this is a problem or a feature.