Seagate and ClusterStor: a lesson in not jumping to conclusions based on what was not said

I saw this analysis this morning on the Register’s channel site. This follows on the announcement of other layoffs and shuttering of facilities. A few things. First a disclosure: arguably, the day job and more specifically our Unison product is in “direct” competition with ClusterStor, though we never see them in deals. This may or … Read moreSeagate and ClusterStor: a lesson in not jumping to conclusions based on what was not said

VC landscape changing: Intel Capital on the market

Saw this in a post on VentureBeat. Intel Capital has been an important player in the space for a while. What happens next to them is worth paying attention to. They’ve been in the thick of many interesting companies, though usually outside of Intel’s core foci. Somewhat beyond the normal corporate strategic VC roles. This … Read moreVC landscape changing: Intel Capital on the market

Are the wheels coming off?

From Term Sheet (required reading BTW) Since landing in San Francisco on Wednesday afternoon, I’ve met with an assortment of senior venture capitalists, bankers, entrepreneurs and crossover investors. All of them have, in one way or another, been involved with so-called ‘unicorn’ companies. As in the past, they are nearly unanimous in sentiment. The difference … Read moreAre the wheels coming off?

[Update] debunked … (was IBM layoffs to hit 25% or so of the company)

[Update] As I had wondered, and other suggested to me, this number (25%) was likely a click bait fabrication.
Forbes and others also “fell for it.”
I’ll admit I did as well. It was too large to ignore, but it also didn’t make sense. Close down mainframe and storage? Seriously?
Lets call this what it is, an internet rumor that was busted.
Paraphrasing Mark Twain “An internet rumor can travel around the world while the truth is still putting on its shoes”.
My apologies to IBM for repeating the rumor.
=== old and busted below ===

Read more[Update] debunked … (was IBM layoffs to hit 25% or so of the company)