Industry News

RealNetworks in 1997 was a man with his feet casually perched on a desk, leaning back with his keyboard on his lap. His typing, the fastest Cotter had ever seen, made a loud "whirrrrrrring" noise throughout the room. "I remember thinking,' Man, who's that cocky dude?"/>
RealNetworks left its mark as a launchpad for tech entrepreneurs [The Seattle Times]
Boston Herald The Ticker column [Boston Herald]
PayPal operations center that had been planned for North Carolina, Governor Raimondo said. In April, the California-based online payment company called off plans to open a global operations center with 400 jobs in Charlotte, N.C., because North Carolina had passed a law banning anti-discrimination protections and requiring transgender people to use public bathrooms corresponding to the gender on their birth..."/>
Raimondo: PayPal "looking favorably" at Rhode Island [The Providence Journal, R.I.]
General Mills Inc., one of the nation's biggest advertisers, is pressuring ad agencies to hire more women and people of color by imposing a diversity benchmark as it reviews the firms that handle its $700 million in annual marketing. The Golden Valley-based foodmaker wants the creative departments in agencies bidding for its business to be staffed at least half by women and 20 percent by people of color. It's unclear whether the diversity goal narrowed the list of firms..."/>
General Mills pressures ad agencies to hire more women, minorities, in creative positions [Star Tribune (Minneapolis)]
Infosys Ltd. has become the latest Indian IT services company to set up a joint venture with a local company in Saudi Arabia to tap local customers in the Kingdom. Infosys is investing $321,671 or Rs21.2 million for a 70 percent stake in the JV with Saudi Prerogative Company to tap local IT service business, the company said in a statement to the stock market. The deal is subject to approval from the Saudi Arabian General Investment Authority, Business Standard..."/>
IT giant Infosys sets up joint venture in Kingdom [Arab News, Jeddah, Saudi Arabia]
Microsoft's lawsuit against the U.S. government that contends a procedure used by federal investigators to collect digital data is unconstitutional. Amazon.com, Google, Apple, Box, LinkedIn and other tech giants banded together to support Microsoft, saying law enforcement must notify people and organizations..."/>
Long list of groups backs Microsoft in case involving digital-data privacy [The Seattle Times]
Suncrest Bank, based in Visalia and established in 2008, and Fresno-based Security First Bank jointly announced an agreement for a cash-and-stock deal valued at about $18.1 million. Suncrest Bank is getting a cash infusion of $5.6 million from the sale of stock to an investment partnership to support not only..."/>
Suncrest to absorb Security First Bank in $18.1 million merger [The Fresno Bee]
Facebook data center in Los Lunas has mostly centered on the potential economic impact of bringing the social media giant to New Mexico. But some say an equally exciting aspect of the project is the "green rider" contained in a contract between Facebook and the state's largest utility. "It's a good, balanced model for how other companies could come into this state and have all their energy needs provided by renewables," said..."/>
Facebook or no, some say alternative energy plan could benefit NM [Albuquerque Journal, N.M.]

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