J2 Global Communications (NASDAQ: JCOM) is an international infrastructure company that emerged in 1995 and mainly deals with electronic fax. It’s had great success, but e-fax is becoming obsolete. In order to stay relevant, the company has been making some new investments (and not in red sports cars).
Over the past few years, JCOM has been delving into the world of virtual phone, email, and most importantly, cloud computing more »
On November 6, J2 Communications (NASDAQ: JCOM) reported a 9.9% ownership stake in Carbonite (NASDAQ: CARB), as well as a continuing interest in acquiring its competitor. J2 also disclosed that it submitted a buyout offer of $10.50 per share in cash, or roughly $269 million, to Carbonite’s board on August 31, but the offer was rejected without a counter response. The offer valued the company at 4 more »
American factory and manufacturing jobs are coming home after being overseas for far too long.
China and India in particular are seeing American job orders canceled and contracts not renewed due to changing socioeconomic conditions. Outsourcing to China has become increasingly expensive to the point that it no longer makes financial sense. In India, high employee turnover and widespread customer dissatisfaction are the primary reasons call center jobs are being more »