Wine.com Raises Another &#36;20 Million in Funding
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Online retailer Wine.com has secured another &#36;20 million in venture capital funding and could go public as soon as next year, Chief Executive Officer George Garrick said on Friday.
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Majestic Wines has seen its half-year profits increase by 27%, helped by demand for wine from Italy and Chile.
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When Michael Aaron learned that Wall Street investment banks were going to be shelling out record bonuses this holiday season, the savvy wine merchant uncorked his own plan to make serious dough.
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1-800-Flowers.com's move into wine seems to have real promise.
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The more wine costs, the more people enjoy it, regardless of how it tastes, a study by California researchers has found.
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SAN FRANCISCO Constellation Brands, a big player in the beer, wine and liquor business, says it has bid 970 (m) million dollars for California-based winemaker Robert Mondavi.
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(InfoWorld) - Baffled about which wine to pick up en route to an important holiday party where you happen to know they'll be serving elk? Business intelligence (BI) software vendor QlikTech International AB may be able to help you resolve that thorny little problem with its wine selector application. Drawing on publicly available information and his own knowledge of more than 3,000 wines, a QlikTech consultant has created The Wine Press . The seasonal online application enables users to match up a wine with particular foods or choose a bottle based on a variety of characteristics including price, color, flavor, vintage and country of origin. The Wine Press is the second in an upcoming series of consumer-type applications of BI software that QlikTech plans to showcase on its Web site, according to Anthony Deighton, the company's vice president of marketing. The first application, Kick It, Qlik It, Love It, timed to coincide with the World Cup tournament appeared this summer and enabled soccer fans to analyze game scores and players' performances. The application drew 30,000 visitors to QlikTech's Web site over the course of the six-week championship and also revealed the interesting fact that the majority of professional players' birthdays occur in the January-to-June time frame. QlikTech is hoping that presenting fun and intriguing consumer applications of BI software will help drive the widespread adoption of the technology as BI moves out of the domain of experts and into the hands of general IT users, Deighton said. The vendor's approach to BI focuses on enabling users to click their way around the technology and not require in-depth training to start using the software, he added. QlikTech intends to spotlight an application each quarter in 2007, according to Deighton. At the same time, Qliktech plans applications of more regional appeal such as football championships specific to the U.K. as well as the The Ashes cricket series played between England and Australia. While he's not expecting The Wine Press to attract as many visitors as Kick It, Qlik It, Love It, the recommendation site is already proving popular and Qliktech may well leave it in place beyond the holiday season, Deighton said. As for what wine goes best with elk? The Wine Press recommends Argentina's Broquel Malbec Mendoza red wine from 2000 as a very good value offering with flavors of coconut, fruit, mineral and oak. Enjoy! Â
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A wine glut in the US has hit profits at beer and wine company Foster&#39;s during the first half of 2004. The Australian company has been looking to expand its wine business but suffered as a surplus of US grapes forced many producers to cut prices.
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WineSpectator.com, the most influential source of wine information on  the Internet, announced today the release of three new e-mail  newsletters.
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Campbell Soup Co  is seeking $1 billion to $1.5 billion for its Godiva Chocolatier division, Bloomberg News reported on its Website on Friday, citing two people with direct knowledge of the sale.
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The winemaker has an interesting future ahead.
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Wine and beer distributor  Constellation Brands Inc. STZ.N on Tuesday said it launched  an unsolicited $970 million offer for winemaker Robert Mondavi  Corp. MOND.O.
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Open-source proponents have been arguing for several weeks that the Wine code built into Parallels Desktop 3.0 should be made available -- and now it has been.
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China-based Achievo has raised $24 million from private and institutional investors.
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The Bill &amp; Melinda Gates Foundation has given Carnegie Mellon University $20 million toward construction of a new computer science building.
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A longtime patron has pledged $35 million to the San Francisco Opera in one of the largest donations ever to an American opera company by a single benefactor.
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The team that raised money to finance President Bush's inaugural festivities collected &#36;35 million to &#36;40 million, officials said Wednesday.