Ninetowns Announces Receipt of "Going Private" Proposal

 Ninetowns Internet Technology Group Company Limited (NINE) ("Ninetowns" or the "Company"), one of China's leading providers of online solutions for international trade, today announced that its Board of Directors has received a preliminary non-binding proposal letter, dated October 12, 2012, from certain directors and officers of the Company, including Mr. Shuang Wang, Ms. Min Dong, Mr. Xiaoguang Ren, Mr. Kin Fai Ng, Mr. Bolin Wu, Mr. Zhonghai Xu, Mr. Tommy Siu Lun Fork and affiliates of some of these directors and officers (together, the "Consortium Members"), that proposes a "going-private" transaction involving the acquisition of all of the outstanding ordinary shares of the Company not already owned by the Consortium Members at a price per share in the range of US$1.80 to US$2.00 in cash (the "Transaction"). Each American depositary share of the Company represents one ordinary share.

Vringo Files Lawsuit against ZTE

Vringo Alleges Infringement over Handsets, Base Stations and Base Station Controllers

Vringo, Inc. (NYSE MKT: VRNG), a company engaged in the innovation, development and monetization of mobile technologies and intellectual property, today announced that its wholly-owned subsidiary, Vringo Infrastructure, Inc., filed a patent infringement lawsuit against the UK subsidiary of ZTE Corporation (ZTE). ZTE describes itself as "a leading global provider of telecommunications equipment and network solutions," with recently reported annual revenue of US $13.7 billion (RMB 86.254 billion), according to filings with the Hong Kong Stock Exchange. According to ZTE's public filings, the company generates its revenue primarily from the sale of telecommunications equipment and handsets.

Millions of people have already bought the new iPhone 5 which was launched last week (they sold 5 million in the first three days) – and many millions more have it on order. For many others, the new iPhone 5 will bring down the cost of the 4 and 4S, so even if they’re not going to the very latest version, they’re still upgrading their phones.

For iPhones, the upgrade process has always been fairly straightforward – plug them into iTunes and the software pretty much does the rest, copying over your data, photos, contacts and apps to the new phone.

But what about businesses whose employees use their iPhone, or indeed any personal device, for work? Or what if they are upgrading their employees’ business phones? What does the new round of upgrades mean for them?

Splunk Inc. Announces Fiscal Second Quarter 2013 Financial Results

Company Increases Full Year Revenue Outlook

Splunk Inc. (SPLK), the leading provider of software for real-time operational intelligence, today announced results for its fiscal second quarter ended July 31, 2012.

"The momentum that we realized in our first quarter of fiscal 2013 has continued into our second quarter," said Godfrey Sullivan, Chairman and CEO. "We added nearly 400 new customers and are equally excited about the expanded use of Splunk in our customer base."