On today's show, find out ways that kids now are using abbreviations in text messages to hide things from their parents. Apparently, "RU/18" is something that kids these days are getting on their cell phones. Also, Pfizer is giving away free three-month supplies of Viagra and Lipitor because of the recession, but only if you were on the drugs before you got laid off. We hope Justin isn't itching to get fired for this deal.
Drug maker release details of high-tech plan to ensure its most frequently counterfeited product is the real thing. Photo: Viagra RFID takes aim at counterfeits
Drug giant Pfizer sues companies, launches ad campaign on how to minimize Viagra-related spam.
Adaytum said Monday that it secured $11.1 million in a round of funding. The round was led by Cargill, a new investor, and existing investors such as St. Paul Venture Capital, Accenture Technology Ventures, 3i Group, J.P. Morgan H&Q and Dorsey & Whitney Ventures also participated. The Minneapolis-based company makes financial planning software. Adaytum, founded in 1990, closed a $7.4 million venture capital round in June 2001, a $6.1 million round in December 1999 and put together a $5.1 million financing deal in January 1999. Adaytum also secured $24 million in a "cash and services" investment from Accenture Technology Ventures in September 2000, and $10 million from American Express in October 2000. The company generated $51.6 million in revenue in 2001 and lists Lucent Technologies, Target, Best Buy and Pfizer as customers.
Pfizer is teaming with Big Blue and the software giant to launch a new company to sell technology and services to the health care industry.