U.S. Markets closed

AppScale Named a 2014 Cool Vendor by Gartner

SANTA BARBARA, CA--(Marketwired - May 13, 2014) - AppScale Systems, Inc. the leader in open source rapid development and deployment for scalable web and mobile applications, today announced that Gartner, Inc. has named AppScale in its "Cool Vendors in PaaS, 2014" report, just published. AppScale is one of five companies selected in the report that highlights interesting, new and innovative vendors, products and services. The full Gartner report can be read here.

AppScale develops an open source platform modeled on the brilliantly simple and globally successful Google App Engine (GAE) API, which accelerates development and time to market. Applications developed with AppScale may be deployed anywhere, from public clouds such as AWS, GCE, SoftLayer, and Azure to private clouds such as Open Stack, Eucalyptus and bare metal.

AppScale gives developers and CIOs the freedom to choose, unlock and integrate their applications as their business demands. AppScale allows them to choose public cloud, private cloud or a combination of both. AppScale unlocks applications from multi-tenancy restrictions because the platform is tuned for the application. AppScale freely integrates with any custom library or framework of choice, allowing developers to work with their familiar tools.

"We are thrilled to be recognized by Gartner for the AppScale platform," said Woody Rollins, CEO and co-founder at AppScale. "We are laser focused on the success of our customers, and every day more CIOs, IT managers and developers are discovering the brilliance of our simple, flexible and scalable model. Over the next few months," Rollins continued, "we will introduce game-changing new products that make running applications on GAE and AppScale even easier and more efficient."

About AppScale Systems, Inc.
AppScale Systems, Inc. develops and supports AppScale, the world's leading open source rapid development model for building scalable web and mobile applications. AppScale gives you the freedom to run your App Engine application across all public and private clouds or on your own virtual or physical infrastructure. AppScale leverages the App Engine API to allow developers to quickly focus on the business logic of the application and frees your OPS from unwieldy software stacks. AppScale Systems is a Google Cloud Technology Partner and is based in Santa Barbara, California. For more information, please visit: http://www.appscale.com

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

  • Tech Stocks Fell Again as Ten-Year Yield Fell to 2.3%
    Business
    Market Realist

    Tech Stocks Fell Again as Ten-Year Yield Fell to 2.3%

    Tech Sector Updates: HPQ, HPE, and MoreNasdaq fell for the fourth time in five sessions The tech-heavy NASDAQ Composite Index fell for the fourth time in five sessions on Thursday, May 23. The index fell 1.6% on Thursday, and is now down nearly 7%

  • Taco Bell planning a big push into India, adding 600 restaurants
    Business
    American City Business Journals

    Taco Bell planning a big push into India, adding 600 restaurants

    Taco Bell said it has big expansion plans for India and will add 600 restaurants in the country over the next 10 years. The Irvine, California-based unit of Yum Brands Inc. (NYSE: YUM) said it signed a partnership deal with Burman Hospitality Private Limited (BHPL) of India to build the restaurants. Taco Bell currently has 35 locations in India.

  • Want a house near Amazon's HQ2? Good luck.
    Business
    American City Business Journals

    Want a house near Amazon's HQ2? Good luck.

    Since Amazon announced in November its choice of Crystal City and Pentagon City, the median home sale price in that area has increased 17.7%, leaping to $655,000, and the typical home was placed under contract in just six days, down from 10 days last year, according to fresh data from real estate brokerage Redfin. Supply also continues to plummet, down 41.8% over the last year, the biggest drop since 2013, Redfin said. We had previously covered the shocking lack of supply in the neighborhoods around Crystal City, and the new data shows the trend continues.

  • Russia’s Dirty Oil Crisis Is Worse Than Almost Anyone Predicted
    World
    Bloomberg

    Russia’s Dirty Oil Crisis Is Worse Than Almost Anyone Predicted

    After any normal voyage the tanker would quickly deliver its 700,000 barrels of Russian crude into a refinery for processing into gasoline, diesel and other petroleum products. Back in April, unusually high levels of the chemicals known as organic chlorides were discovered in Russian crude flowing through the giant Druzhba pipeline, built in the 1960s to carry crude from the U.S.S.R. to allied countries in Eastern Europe. The chlorides can severely damage oil refineries and on April 24 Russia's state pipeline operator, Transneft PJSC, halted shipments.

  • How Your Privacy Will Be Protected in the 2020 Census
    Technology
    Fortune

    How Your Privacy Will Be Protected in the 2020 Census

    Every ten years the U.S. Census Bureau conducts a nationwide survey that sets the terms for the country's democracy. People's responses help determine dynamics of power, such as how seats are apportioned in the House of Representatives, where voting districts get divided, and which communities receive federal funds. “Every time you publish a statistic you leak information about that confidential database,” as Simson Garfinkel, a computer scientist with the bureau, told a Census advisory committee in May.

  • Analyzing NIO and Its Peers before Its Q1 Earnings
    Business
    Market Realist

    Analyzing NIO and Its Peers before Its Q1 Earnings

    NIO: What to Expect from Its Q1 EarningsNIO's first-quarter earnings NIO (NIO) is scheduled to release its first-quarter earnings results before the US market opens on May 28. Before we find out what Wall Street analysts expect for the company's

  • These 16 money wasters are why so many Americans can’t save for retirement
    Business
    MarketWatch

    These 16 money wasters are why so many Americans can’t save for retirement

    From the lofty perch of old age, and after a lifetime of thrift, I declare that I am qualified to comment on how not to waste money. We've all heard the reports: Most Americans live paycheck to paycheck, a large number can't come up with $400 for an emergency, and there's no money to save for retirement and other goals. Most of that data comes from surveys where people are, in effect, saying they don't have enough income.

  • Facebook is fact checking the 'drunk Nancy Pelosi' video, but won't remove it
    Politics
    Engadget

    Facebook is fact checking the 'drunk Nancy Pelosi' video, but won't remove it

    Facebook won't remove a viral video that purports to show Speaker of the United States House of Representatives Nacy Pelosi slurring her words. Instead, according to a Gizmodo report, the social network will display an article from a third-party fact-checking site that will highlight the fact the video has been edited. Facebook also plans to limit the reach of the video, though it hasn't specified how it will accomplish that.

  • How China could use its massive US debt holdings as a trade war weapon
    Business
    CNBC Videos

    How China could use its massive US debt holdings as a trade war weapon

    China is currently the largest holder of U.S. government debt. It now owns $1.12 trillion in U.S. Treasury bonds. If China decided to sell off its U.S. government debt holdings as a form of retaliation in the ongoing trade war with the U.S. and President Donald Trump, it could upend global financial markets and drive U.S. interest rates higher.

  • Business
    SmarterAnalyst

    Love or Hate Aurora Cannabis (ACB) Stock, That’s Where the Money Is

    Aurora Cannabis (ACB) is a stock that is usually either loved or hated. It took me a while to figure out what all the hate was directed toward the company by some, and I finally figured out what it was: Aurora doesn't do business in the same way as its competitors, or like many other companies. There are several aspects related to the general strategy of Aurora Cannabis management, led primarily by the aggressive use of its stock to rapidly grow and expand its business.

  • Why I Just Bought Tesla Stock
    Business
    Motley Fool

    Why I Just Bought Tesla Stock

    Tesla (NASDAQ: TSLA) bears are rejoicing. Shares of the electric-vehicle maker fell to below $200 for the first time in more than two years, as the company got thwacked by a series of negative analyst notes and concerns about the company's liquidity after CEO Elon Musk warned his staff that Tesla would be out of cash in 10 months if it didn't make "hardcore" cost cuts. Tesla bears responded enthusiastically, calling for the company's demise across social media and elsewhere.

  • Is TrueCar, Inc.'s (NASDAQ:TRUE) CEO Being Overpaid?
    Business
    Simply Wall St.

    Is TrueCar, Inc.'s (NASDAQ:TRUE) CEO Being Overpaid?

    Chip Perry became the CEO of TrueCar, Inc. (NASDAQ:TRUE) in 2015. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. At the time of writing our data says that TrueCar, Inc. has a market cap of US$674m, and is paying total annual CEO compensation of US$3.0m.

  • Warren Buffett has just about given up on beating the S&P 500
    Business
    MarketWatch

    Warren Buffett has just about given up on beating the S&P 500

    Warren Buffett, one of the most successful stock pickers of all time, really wants you to stop picking stocks. Asked whether he would recommend investing in the S&P 500 (SPX) or his own company, Berkshire Hathaway (BRK)(BRK) Buffett called it a draw. “I think the financial result would be very close to the same,” Buffett said.

  • Better Buy: General Electric vs. Boeing
    Business
    Motley Fool

    Better Buy: General Electric vs. Boeing

    Neither stock is worth buying if you don't believe the Boeing 737 MAX is going to get back in service. The grounding of the airplane in the wake of two crashes within six months and the need to upgrade the Maneuvering Characteristics Augmentation Systems (MCAS) software and achieve certification has hit both companies, and if the 737 MAX doesn't get back into service, both companies face a threat to their future earnings prospects. The 737 MAX grounding is a significant threat to Boeing Alongside the Airbus A320 aircraft family, the Boeing 737 family is the workhouse of the civil aviation industry.

  • Josh Brown: How to double your money
    Business
    CNBC Videos

    Josh Brown: How to double your money

    Ritholtz Wealth Management CEO and Fast Money Halftime Report Trader Josh Brown on the power of compounding your money and the rule of 72.

  • Is Walmart Stock A Buy Right Now? Here's What Earnings, Charts Say
    Business
    Investor's Business Daily

    Is Walmart Stock A Buy Right Now? Here's What Earnings, Charts Say

    Shares nearly crossed that entry point May 16 after Walmart earnings topped views amid strong same-store sales and e-commerce growth, even as overall revenue fell short. WMT stock has been pulling further clear of its 50-day line, while its relative strength line has been trending up, nearing a consolidation high. Shares have been trending up in above-average volume after several weeks of largely quiet traded.

  • Pelosi Has Plenty of Reasons Not to Impeach Trump
    Politics
    Fortune

    Pelosi Has Plenty of Reasons Not to Impeach Trump

    Faced with resistance from the Trump administration to committee probes, some Democrats are increasingly looking to an impeachment inquiry as the legal justification to enforce subpoenas, pushing Pelosi to begin the process despite the political risks. Ignoring subpoenas, obstruction of justice — yes, these could be impeachable offenses,” Pelosi said Thursday. How we deal with it is a decision that our caucus makes, and our caucus is very much saying, whatever we do, we need to be ready when we do it.

  • Is Skyworks Solutions' 25% Stock Sell-Off Overdone?
    Business
    Motley Fool

    Is Skyworks Solutions' 25% Stock Sell-Off Overdone?

    An elusive rebound The cyclical chip industry started to take a breather in 2018, so Skyworks' respective 6% and 12% rise in revenue and adjusted earnings during the year was pretty good in relative terms. Things have really started to head south as of late, though. Two-thirds of the company's sales go to the smartphone market, and with phone sales still in decline, Skyworks has had a tougher time lately.

  • Did You Manage To Avoid Verastem's (NASDAQ:VSTM) Devastating 85% Share Price Drop?
    Business
    Simply Wall St.

    Did You Manage To Avoid Verastem's (NASDAQ:VSTM) Devastating 85% Share Price Drop?

    We're definitely into long term investing, but some companies are simply bad investments over any time frame. Anyone who held Verastem, Inc. (NASDAQ:VSTM) for five years would be nursing their metaphorical wounds since the share price dropped 85% in that time. The falls have accelerated recently, with the share price down 57% in the last three months.

  • Better Buy: iQIYI vs. Netflix
    News
    Motley Fool

    Better Buy: iQIYI vs. Netflix

    Netflix (NASDAQ: NFLX) has won over millions of viewers in the U.S. and is now looking to take its winning ways global. The stock soared more than 500% over the last five years but is up only 7% in the last 12 months, as the valuation may have gotten ahead of the company's actual performance. The streaming wars are heating up in 2019 with new services launching from Apple and Walt Disney.

  • The Case for a Combined Sprint and T-Mobile
    Business
    Motley Fool

    The Case for a Combined Sprint and T-Mobile

    Federal regulators look like they will allow T-Mobile (NASDAQ: TMUS) to acquire Sprint (NYSE: S). Yes, technically Sprint and T-Mobile compete with Verizon (NYSE: VZ) and AT&T (NYSE: T), but Sprint has been a distant fourth for a very long time without the cash flow needed to be a real competitor.

  • Business
    Morningstar

    Valuations Aren't Great for Timing Investments

    Yet, valuations don't appear to be very helpful for tactical adjustments across regions, sectors, and factors, or for timing exposure to credit risk. Valuations Matter, but … Valuations are only moderately predictive of performance. For example, from January 1970 through January 2019, a 1-point increase in the MSCI USA Index's price/earnings ratio was associated with a 0.72% decrease in returns over the next year, while lower valuations had the opposite effect.

  • Here’s what smart rich people really do with their nest egg
    Business
    MarketWatch

    Here’s what smart rich people really do with their nest egg

    Most people think they're above average in intelligence, relationship status and professional achievement. Social scientists call this “illusory superiority.” My business partner Scott Puritz, has found the one area where even above-average people, objectively smart, rich, successful professionals, seem to wave the white flag and admit to not understanding — money and investing. “One of the most shocking things is the low-level financial literacy throughout our culture,” Puritz told the Washington Post.

  • Aphria leads cannabis stocks higher after Jefferies starts coverage with a buy rating
    Business
    MarketWatch

    Aphria leads cannabis stocks higher after Jefferies starts coverage with a buy rating

    Aphria Inc. shares soared about 14% Friday to lead the cannabis sector, after Jefferies started coverage of the stock with a buy rating. Analyst Owen Bennett assigned Aphria (APHA)(CA:APHA) a C$15 ($11) price target that is 115% above its current trading level, highlighting the disconnect between the valuation and the company's strategic positioning. “On our strategic scorecard Aphria scores highly, and third overall behind only Canopy and Aurora,” Bennett wrote in a note to clients.

  • Business
    Fox Business

    Average 401(k) balance by age group: See how your retirement savings compare

    This could, in part, be due to a noticeable bump in employer contributions — which are continuing to increase in 2019. "The average 401(k) employee contribution amount, in dollars, reached a record level of $2,370 in Q1, a 15% increase over one year earlier. In addition, the average 401(k) employer contribution, or company match, reached $1,780 in Q1, a record high and a 6% increase from one year earlier," Fidelity stated in a May report.