Summit Notebook

Exclusive outtakes from industry leaders

from MediaFile:

Tech Summit Q&A, day 2: Symantec CEO talks privacy

Online security was a theme on day two of the 2011 Reuters Global Technology Summit.

Enrique Salem, the CEO of software security maker Symantec, suggested ways consumers can protect their privacy:

Tech M&A was also on the table.

Neil Rimer of Index Ventures gave his two cents on Microsoft buying Skype.

Reuters: "Does the Microsoft-Skype deal make sense?"

Rimer: "Yes, I think so. I think it is a phenomenal property that still is relatively underexploited. And a lot of the most promising plans that we had when we were investors in Skype still haven’t been carried out, so I still think there is a ton of opportunities ahead"

Reuters: "Do you have any examples?"

Rimer: "I just think that there are a lot of services that individuals and businesses are willing to pay for beyond the basic Skype and Skype video. If your business is looking to do things like videoconferencing, or if you want to use it for conferencing or you want to use it to generate leads for small businesses. Just a lot of different things that is still available."

Alphabet-shaped recovery? Try bathtub-shaped


We’ve all heard discussions on what letter of the alphabet the economic recovery will look like. Will it be “V” shaped — as in, a sharp plummeting, followed by an equally sharp upswing? Or more “U” shaped — a downturn followed by a flat period before the recovery starts? Is the lightness we’re witnessing in the economy the mid-point in a more extended recovery process, mirroring the letter “W”? And heaven forbid, let’s not even think we might be stuck in an “L” shaped economy, with no near or medium-term hope of improvement.

We asked the chief executives of Sybase and Symantec, our first two guests at the Reuters Global Technology Summit, what they thought the recovery graph might look like.

It’s mating season again for Tech and Telecoms

penguin.jpgHear that distinctive call of the software maker wooing its kind? See the mobile carrier flirting with its rival in the corner? Our guests at the Reuters Global Technology, Media and Telecoms Summit keep talking about consolidation in their industries.

Some of them expect their markets to winnow out to a handful of players. Others say slim valuations may give their companies more reasons to seek joint manufacturing partnerships. Either way, it’s hard to ignore the romance. Here are some of the things we have heard this week:

Symantec: We protect, you decide

enrique-salem.jpgSome companies have thousands of ways to gauge their performance. Symantec figures it out on two fingers: loyalty and market share.

When asked how Symantec measures customer loyalty, Chief Operating Officer and President Enrique Salem told the Reuters Global Technology, Media and Telecoms Summit in New York on Monday: