Alexei's Feed
Nov 13, 2013

Sina record revenues fuelled by Weibo, Alibaba

BEIJING/SAN FRANCISCO (Reuters) – Chinese Internet company Sina Corp saw record revenue in the third quarter, as profit more than doubled from a year ago due to strong earnings growth from its Weibo microblogging service and a partnership with Alibaba Group Holding Ltd.

Advertising revenue from Sina Weibo, China’s biggest microblogging service with 54 million daily active users, surged 125 percent year-on-year to $43.7 million, reflecting Chinese companies’ embrace of social media as a marketing tool.

Nov 9, 2013

Google mystery barge to be “artistic” high tech exhibition venue

SAN FRANCISCO (Reuters) – Able-bodied seamen, decorative sails meant to evoke fish fins and dozens of security cameras will eventually make up the on-board complement of a mysterious four-story barge being built by Internet company Google Inc.

The barge is actually a “technology exhibition space,” that Google will move between several piers in the San Francisco Bay area and other West coast locations over the next two years, according to a 36-page information packet submitted in August to the Port of San Francisco.

Nov 7, 2013

Twitter IPO highlights big money friction in San Francisco

SAN FRANCISCO, Nov 7 (Reuters) – Twitter Inc’s
initial public offering marks something of a coming out party
for San Francisco as a technology capital, giving the city a
home-grown success story to rival those of Silicon Valley to the

But there is little celebration among community activists
and a growing cadre of middle class residents who resent what
they view as a tech-driven, big-money takeover of the city.

Nov 7, 2013

Twitter: from side project to sociocultural sensation

By Alexei Oreskovic

(Reuters) – Twitter Inc, the 140-character messaging service favored by everyone from the Pope to U.S. President Barack Obama, began as a side-project but rapidly morphed into one of the most powerful social and cultural media forces of our time.

In its market debut on Thursday, Twitter soared as much as 92 percent as investors snapped up shares in the microblogging site in a frenzy that recalled the days of the dot-com bubble.

Nov 6, 2013

Google employees lash out at NSA over reports of cable tapping

SAN FRANCISCO (Reuters) – A pair of Google Inc employees involved with the internet company’s security systems have publicly lashed out at the National Security Agency, with one of the employees accusing the organization of subverting the law by intercepting communications on cables linking Google’s various data centers.

Nobody at the U.S. National Security Agency or the British intelligence agency “will ever stand before a judge and answer for this industrial-scale subversion of the judicial process,” wrote Mike Hearn, an engineer at Google, on his personal Google+ page on Tuesday.

Nov 5, 2013

Google offers live video chats on range of topics with new service

SAN FRANCISCO (Reuters) – Google Inc is launching a service that lets consumers pay for live video chats with experts who can provide everything from step-by-step turkey cooking instructions to marriage counseling.

The Google Helpouts service, introduced on Monday, features roughly 1,000 partners in fashion, fitness, computers and other topics, available for live, one-on-one video consultations. The video sessions can be as short as a few minutes or can last several hours, depending on the topic, with pricing set by each individual provider.

Nov 1, 2013

Google’s mystery barges revealed as luxury showrooms with party deck: report

SAN FRANCISCO (Reuters) – Google Inc’s mysterious barges, which prompted fevered speculation about everything from offshore data centers to floating research labs, may serve a more prosaic role as upscale party venues and showrooms.

The multi-story vessels made out of stacked shipping containers, one moored in the San Francisco Bay and the other at the Portland, Maine harbor, are invitation-only luxury showrooms for Google’s Glass wearable computers and other gadgets, according to local San Francisco TV station KPIX.

Oct 31, 2013

Google launches ‘KitKat’ software, sweetens features on range of phones

SAN FRANCISCO, Oct 31 (Reuters) – Google Inc on
Thursday unveiled the newest version of its Android smartphone
software, aiming to allow more smartphone users access to its
evolving menu of online services such as driving directions
voice-activated search.

The new “KitKat” version of Android will be able to run on
inexpensive, low-end smartphones as well as the most advanced
devices, Sundar Pichai, Google Senior Vice President of Android,
Chrome and Apps said at a press event in San Francisco on

Oct 31, 2013

Facebook smashes analyst targets but executive comments spook Street

SAN FRANCISCO (Reuters) – Facebook Inc posted strong growth in its mobile advertising business on Wednesday but rattled investors after saying that it did not plan to boost the frequency of ads shown to users.

Shares of the world’s No. 1 online social network soared as much as 15 percent in extended trading before suddenly falling to $47.40, down 3 percent from its $49.10 close. The stock settled at $49.16.

Oct 30, 2013

Facebook tops analyst revenue targets as mobile ads surge

SAN FRANCISCO (Reuters) – Facebook Inc posted strong growth in its mobile advertising business, driving a 60 percent increase in revenue that beat Wall Street’s targets.

Shares of the world’s No. 1 online social network rose 9.4 percent to $53.60 in after-hours trading.

    • About Alexei

      "I write about Internet companies including Google, Yahoo and Facebook. I’ve covered technology and business for more than ten years at publications including, CNET and The Industry Standard magazine."
    • Follow Alexei