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Public offerings decrease innovation at technology companies

For many entrepreneurs, it is a dream on par with finding the Holy Grail: an initial public stock offering that can turn a startup into the next Google and a 20-something founder into the next mega-millionaire.

Yet, for all that money and drama, do initial public offerings (IPOs) speed up technological innovation?

Not necessarily. An eye-popping new study by Shai Bernstein, an assistant professor of finance at the Stanford Graduate School of Business, finds that innovation slowed down by about 40 percent at tech companies after they went public.

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Survey: Nexus 7 tops iPad in December sales in Japan

Google’s Nexus 7 is gaining market share in Japan and topped Apple’s iPad in a survey by the BCN research group — as reported by “CNET” (http://tinyurl.com/bhlzg9n).

Based on a survey of 2,400 consumer electronics stores in Japan, Google’s Nexus 7 tablet had 44.4% of the market versus the iPad’s 40.1%. The survey was done by BCN in December.

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Mac OS X software updates for Jan. 7

Here are the latest updates for Mac OS X apps:

Trailrunner (www.trailrunnerx.com), a Mac OS X solution for folks doing long distance sports, has been updated to version 3.7.710. The upgrade fixes stability issues.

Dropbox (www.dropgox.com), an app/service that lets people store and share data, has been revved to version 1.6.13. It fixes a web log-in that wasn’t working in certain cases.

iTrash (www.osxbytes.com), an uninstall utility, is now up to version 1.9.3. It sports an optimized search algorithm, faster searching and more.

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Apple rumors for Jan. 4

Here are the latest Apple-related rumors from the blog-o-sphere:

“Apple is willing to pay Waze up to $500 million, but the social-navigation specialist is reportedly looking to net $750 million in the deal.” — “CNET” (http://tinyurl.com/aovccwq)

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