BobWScott

BobWScott

VENA CTO/CO-FOUNDER TO STEP DOWN

George Papayiannis, one of three co-founders of Vena Solutions, will leave the job of chief technology officer he has held since April 2011.  Papayiannis will continue in the position until a successor is found.

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PSA RULED OUT FOR QBO ADVANCED

Intuit revealed limits for its target market for QuickBooks Online Advanced this week. CEO Sasan Goodarzi ruled out multi-billion dollar companies and the professional services market during this week’s webcast for the release of financial results for the third quarter ended April 30.

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REV GROWTH TOPS BIG QUISITIVE Q1

Reseller Quisitive sharply reduced its loss and increased its revenue by 16 percent for the first quarter ended March 31. But that was almost anticlimactic after two significant acquisitions and rounds of investments to pay for them.

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