TechTaffy

tech:

taffy

Intuit Expects 11% Revenue Growth In TurboTax

By TechTaffy Desk

[Techtaffy Newsdesk]

Intuit has released the last of three season-to-date updates for its fiscal year 2012 consumer tax offerings. Through April 18, total TurboTax federal units excluding Free File Alliance were up 7 percent, with total TurboTax federal units up 6 percent compared to the same period last year. Also through April 18, TurboTax Online units were up 11 percent compared to the same period last year. Intuit expects consumer tax revenue growth of approximately 11 percent for fiscal year 2012.

For the third quarter of fiscal 2012, Intuit now expects total company revenue to be at or slightly below the low end of its previous guidance range. The company expects operating income and earnings per share to be within its previous guidance ranges.

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.