BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Card Readers to Generate $11 Billion in Sales]]>http://www.bloggingstocks.com/2011/02/14/card-readers-to-generate-11-billion-in-sales/http://www.bloggingstocks.com/2011/02/14/card-readers-to-generate-11-billion-in-sales/http://www.bloggingstocks.com/2011/02/14/card-readers-to-generate-11-billion-in-sales/#commentsFiled under: , , ,

Intuit (INTU) logoNew technology spawns still more technology. Such is the case with smart phones. Entrepreneurs have found a way to facilitate buying with your smart phone. Companies like Intuit (INTU) and VeriFone (PAY) have created a card reader that can be inserted into your iPhone (AAPL) or other smart phone. Then you can swipe a credit card through the reader and use it to make online purchases.

The potential of this new technology is enormous. Analysts estimate that the industry will grow to $11 billion this year.

Continue reading Card Readers to Generate $11 Billion in Sales

Card Readers to Generate $11 Billion in Sales originally appeared on BloggingStocks on Mon, 14 Feb 2011 09:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>card readersfeaturedGoPaymentinthenewsINTUIntuitiPhonemobile card readersnew technologyNext big thingPAYtechnology InternetVeriFoneMon, 14 Feb 2011 09:40:00 EST<![CDATA[Verticalnet: 2000's Next Big Thing fetches $15 million]]>http://www.bloggingstocks.com/2007/10/29/verticalnet-2000s-next-big-thing-sold-for-15-million/http://www.bloggingstocks.com/2007/10/29/verticalnet-2000s-next-big-thing-sold-for-15-million/http://www.bloggingstocks.com/2007/10/29/verticalnet-2000s-next-big-thing-sold-for-15-million/#commentsFiled under: , , ,

Verticalnet (NASDAQ: VERT) logoBack in 2000, Verticalnet (NASDAQ: VERT) was a dot-com darling. In fact, I knew several of the key people there - and, yes, they got suddenly very rich (and I've never heard from them since). At one point, Verticalnet was worth in excess of $12 billion.

Basically, the company was a business-to-business (B2B) platform, covering diverse areas like chemicals, logistics, and so on.

If you talked to the analysts back then, the B2B market was expected to be huge. Somehow, companies across the globe would glom onto these networks. In a sense, it was the emergence of a new form of Nasdaq (NASDAQ: NDAQ).

Well, things didn't turn out so well. Last week, Verticalnet sold out for a mere $15.2 million. The buyer is BravoSolution, which is part of Italcementi (a large cement company based in Italy).

Despite this, the B2B business is still a viable thing. For example, Compuware has a thriving business in this sector. Other players include Ariba (NASDAQ: ARBA) and SAP (NYSE: SAP).

But, of course, things are much more tempered now, showing once again that disrupting industries is pretty tough.

Tom Taulli is the author of various books, including The Complete M&A Handbook and The Edgar Online Guide to Decoding Financial Statements. He also operates DealProfiles.com.

Verticalnet: 2000's Next Big Thing fetches $15 million originally appeared on BloggingStocks on Mon, 29 Oct 2007 15:09:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>B2bBravoSolutionbusiness to businessBusinessToBusinessdot-com bustDot-comBustinthenewsItalcementinext big thingNextBigThingVERTVerticalnetMon, 29 Oct 2007 15:09:00 EST