Word: businessese
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So far, investors have been cautious on the group, giving only lukewarm receptions to four entities that recently went public in the sector: PennyMac raised only $335 million in its IPO - less than half of the $750 million it had expected - and its stock fell below its opening price after...
SwebApps is aiming at small businesses, restaurants, creative professionals and anyone else who might want a mobile presence. The service costs $200 to $400, plus $25 per month for hosting. Mobile Roadie's service, which is expanding beyond its initial focus on bands, costs $400, plus $29 per month for...
"In a few years, mobile apps will be to businesses what sites are today," says Chocano. "They'll serve as a product catalog, a shopping tool, a social-media resource, a way to gather client information, a media gallery - all on the go, at your customer's fingertips."
But not all businesses see a need for their own iPhone app. Iris Rakovitzky, a manager at Hummus Place in New York City, says customers who can already access websites won't want an app for each restaurant or business they frequent. Rather than apps catering to existing customers, Rakovitzky...
Desperate times in one especially hard-hit Tennessee county stirred Governor Phil Bredesen to get creative. As first reported in the New York Times, the result is a "novel use of stimulus money." In remote, tiny Perry County, where the unemployment rate had soared to 27% with the closure of...