Morning Coffee Dec 16 2010

H-P Wins Big as Europe's IT Service Landscape is Remade Overnight

John Shinal

It didn't take long for new Hewlett-Packard CEO Leo Apotheker, a native of Germany, to tap his old contact list for a big H-P sales win.

H-P said it won a $1.4 billion contract to manage IT services for the German utility E.ON for five years. As part of the deal, 1,100 E.ON employees will go to work for H-P.

The news came at the same time that Siemens, the German industrial giant, agreed to sell its money-losing technology services business to French competitor Atos Origin. That transaction, which will cost hundreds of Siemens workers their jobs, will create the largest IT services company in Europe.

It will also give Atos Origin more heft as it battles U.S. rivals H-P and IBM for European service contracts. (CRN)

Ex-Googlers Are Hiring (FINS)

Factual, an Internet search startup founded by a team of ex-Googlers, is hiring in Los Angeles and Shanghai after raising a big round of funding.

Twitter Worth $3.7 Billion (AllThingsD)

Twitter, which added 100 million new users this year, raised a $200 million funding round led by one of Silicon Valley's premiere venture capital firms, Kleiner Perkins.

Related: Twitter Wants to Hire 200 People in 2011

Facebook Tops New List of Best Workplaces (GigaOM)

Facebook is the best technology company to work for, based on reviews by its own employees at, but Apple's Steve Jobs edged out Facebook's Mark Zuckerberg as the highest-rated tech CEO.

Standing Out on LinkedIn (CIO)

If you want your resume to stand out among LinkedIn's 85 million users, here are four ways to customize your profile.

Yahoos Should Expect More Turmoil (FINS)

Yahoo workers, who've survived three rounds of layoffs in two years, should get ready for more change and consider leaving the company, recruiters say.

Not Silicon Valley (Bloomberg)

Computer-chip engineers and designers who want to create or work for a startup can find lots of opportunities in China or Taiwan, but very few in Silicon Valley. Hiring Near San Diego (FINS), a San Diego area provider of IT services to businesses, said it is hiring 25 software developers and systems engineers.

Google, the Compulsive Online Shopper (paidContent)

Spurned by Groupon, Google is reportedly in talks to buy Next New Networks, a small producer of original Web video content, as the search giant looks for a way to make money at its YouTube unit.

Five Harsh Startup Realities (VentureBeat)

A lack of money, time and sympathy are just three of the five harsh realities that await would-be entrepreneurs, according to someone who knows.

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