Facebook Inc. has reportedly acquired online content publishing software start-up Chai Labs Inc.
The All Things Digital blog of the Wall Street Journal reported the deal on Sunday, saying it is likely to be in the $10 million range and is most likely a talent buy rather than a new product play by the Palo Alto social networking company.
Mountain View-based Chai Labs was founded by Gokul Rajaram, who is a former Google Inc. (NASDAQ:GOOG) AdSense executive.
Regulatory filings show that it raised $1.1 million in funding last year and $1.3 million in 2008. Among the advisers list on its website are Netscape Communications Corp. founder Marc Andreessen, LinkedIn Inc. founder Reid Hoffman and Excite co-founder Joe Kraus.
Chai Labs' technology helps publishers and journalists launch content websites.
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Maintenance and procedural problems at a Gilead Sciences Inc. manufacturing and distribution facility could land the HIV drug maker a warning letter from the Food and Drug Administration.
In a Securities and Exchange Commission filing Monday, Foster City-based Gilead (NASDAQ: GILD) said a routine FDA inspection of its San Dimas facility in February raised concerns from the agency about maintenance of aseptic processing conditions in the manufacturing area for its AmBisome anti-fungal product. The agency also cited environmental maintenance issues in the warehouse, batch sampling and the timeliness of completion of annual product quality reports.
Gilead, which said it has addressed all of the FDA’s concerns, learned in May that the agency “may be considering” issuing a warning letter as a result of the inspection, according to the SEC filing guaranteed payday loan.
A warning letter could hurt Gilead’s ability to receive export certificates or approvals of regulatory applications associated with “the products at issue,” the company said, and “decrease our revenues and harm our business.”
Gilead makes AmBisome and Cayston, a recently approved inhaled drug to treat cystic fibrosis symptoms, at San Dimas. It also fills and finishes Macugen, an injectable drug marketed by Eyetech Inc. to treat age-related macular degeneration, at the facility.
AmBisome had sales of $155.2 million in the first half, Gilead’s largest-selling drug outside of its antiviral products.
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Canada will acquire 65 F-35 aircraft from Fort Worth-based Lockheed Martin Aeronautics Co. to replace its military fleet of CF-18 Hornets.
Kim Testa, senior manager of international communications for Lockheed Martin, said the contract doesn’t mean new jobs in Fort Worth, but it does mean long-term work for teams in D-FW who will be handling a significant portion of the assembly and rollout.
The contract value was not disclosed, but F-35 aircraft on average are priced at $60 million per unit payday loans for self employed. The fighter jets are a fifth-generation aircraft with pricing levels that include fuel tanks and emission equipment in the final marketed price, Testa said. Previous generations of aircraft did not include all of the additional equipment in the final marketed price.
The F-35 is a supersonic, multiple-role aircraft and stealth fighter developed by a consortium of nine countries, including Canada.
The Arizona Department of Environmental Quality has made several changes in the management structure at its Air Quality Division.
Ira Domsky was named director of information technology and a science adviser. He had been acting director since January. Domsky has been with the department for 26 years and previously served as deputy director.
Eric Massey, who has been with ADEQ for 11 years as a manager of air quality compliance and permitting, was named director cash advance loan. He had been acting deputy director since January.
Trevor Baggiore will become the division’s new deputy director. He has been with the department for nine years.
Caterpillar Inc. said Montgomery is one of three sites in the Southeast under consideration for a “significant” manufacturing facility.
The heavy equipment manufacturer (NYSE: CAT) did not disclose details, but said also in the running are Spartanburg, S.C., and Winston-Salem, N.C.
Jim Dugan, chief corporate spokesman at Caterpillar, said in a statement that location analysis will continue through the summer and a final decision is expected by August.
Caterpillar is based in Peoria, Ill., and had 2009 sales and revenues of $32.4 billion. It manufactures construction and mining equipment, diesel and natural gas engines and industrial gas turbines, according to its website. Its products and components are manufactured in 50 locations throughout the United States and in 60 locations in 23 countries.
The FBI is investigating a security breach of AT&T’s website that allowed hackers to access the e-mail addresses of iPad owners.
"The FBI is aware of these possible computer intrusions," an FBI spokesman said in an e-mailed statement. "We have opened an investigation to address the potential cyber threat." The Bureau did not comment on the scope of its investigation.
A hacker group called Goatse Security exploited a vulnerability on AT&T’s website to harvest the e-mail addresses that iPad 3G buyers provided to activate their devices. The group sent the information to tech and gossip blog Gawker, which reported that 114,000 e-mail addresses were exposed.
Without commenting on the vast scope of the alleged hack, AT&T (T, Fortune 500) acknowledged taking action to fix a security hole online payday advance.
The exposure connected subscribers’ e-mail addresses with their iPad ICC IDs, a unique identification number used to link devices with their owners. AT&T linked them so that users of Apple’s (AAPL, Fortune 500) 3G version of the iPad would not have to type in their e-mail addresses every time they wanted to access or change their AT&T account and billing settings.
AT&T said e-mail addresses were the only information that could have been exposed as a result of the glitch, and that it will inform all customers who may have been affected. The company would not comment on the FBI investigation.
Clifton Gunderson said it has acquired U.S. Tax Advantage LLC (USTA), an international tax consulting services firm.
Through the acquisition, which was announced Tuesday, Wauwatosa-based Clifton Gunderson will add 14 tax professionals, including partners Mark Gasbarra and Lester Fuwa. USTA has locations in New York, Boston, Chicago, Milwaukee and Houston.
Terms of the transaction were not disclosed.
The acquisition strengthens the talent and resources of Clifton Gunderson’s tax practice, said CEO Krista McMasters payday advance lender. USTA partners and staff have assisted many mid-market and Fortune 500 companies with their international tax requirements, she said.
Clifton Gunderson is the 14th largest U.S. accounting firm and the largest member of HLB International, one of the world’s largest networks of independent professional accounting firms and business advisors.
Christopher Brassard, executive vice-president and director of Albany-based Ten Eyck Group, has been named chair-elect of the Independent Insurance Agents & Brokers of New York.
Brassard has served on the IIABNY board of directors since 2004, most recently as secretary-treasurer. He has also served on the Public Policy, Industry Practices & Producer Compensation, and Audit committees.
Brassard started his career with the Aetna Life & Casualty Insurance Co. and joined the Ten Eyck Group in 1988. He is a 1982 graduate of the state University at Albany School of Business and holds the Certified Insurance Counselor (CIC) designation.
IIABNY, which is based in DeWitt, N.Y., represented more than 1,900 insurance agencies in the state.
Apache Corp. is in final discussions to buy Devon Energy Corp.'s assets in the shallow waters of the Gulf of Mexico for some $750 million, Dow Jones is reporting, citing people familiar with the deal.
According to the report, another Houston company, privately held Dynamic Offshore Resources LLC was also interested in the assets and could still try to bid on them at the last minute.
Last fall, Oklahoma City-based Devon (NYSE: DVN) announced an assets sale program, saying it would sell its international and Gulf of Mexico assets to focus on its onshore oil and gas fields in North America.
In March, Houston-based Apache (NYSE: APA) Chief Executive Officer Steven Farris said that the exploration and production firm has $2 billion to spend on projects and acquisitions and was seeking to buy assets internationally and in North America.
Healthcare Trust of America Inc. has bought Sugar Land Medical Building II from Houston-based The Mission Cos. for approximately $12.4 million.
The 60,000-square-foot building is located at 15400 Southwest Freeway South, at the northwest corner of U.S. Highway 59 and Sugar Lakes Boulevard.
Sugar Land Medical Building II is located within one mile of several acute-care hospitals including Methodist Sugar Land Hospital, St. Luke’s Hospital and Sugar Land Medical Center.
The three-story building is 100 percent leased with 83 percent of the space leased by Texas Children’s Hospital through 2019.
The real estate investment trust said it acquired the three-story building because of the quality of the main tenant and the facility’s proximity to three hospitals in Sugar Land.
The building was developed by Mission Equities Inc. with two floors in 1999 cash advances pay day loan. A third floor was added to the structure in 2006.
Scottsdale, Ariz.-based Healthcare Trust is a self-managed, publicly registered, non-traded REIT.
This marks the second area acquisition for the company, which acquired the Cypress Station Medical Office Building in March 2008.
Mark Engstrom, executive vice president of acquisitions for Healthcare Trust of America, said this acquisition expands the company’s Texas healthcare portfolio to approximately 965,000 square feet with a total investment of approximately $275 million.
In 2010, HTA has acquired approximately $88 million in medical office assets nationally. These assets include a total of four acquisitions, representing approximately 454,000 square feet.
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