Gerry's Feed
Sep 19, 2013

AllThingsD team to sever ties with Dow Jones at end of the year

SAN FRANCISCO (Reuters) – The team that produces technology blog All Things Digital will leave News Corp’s Dow Jones publishing unit at the end of the year, the parties announced Thursday, severing a lucrative but sometimes rocky relationship between two of the most influential outlets in the technology press.

As part of the break-up, Walt Mossberg, the co-founder of AllThingsD and longtime personal technology columnist for the Wall Street Journal, will leave the newspaper, which is published by Dow Jones. News Corp acquired Dow Jones in 2007.

Sep 19, 2013

Unmetric raises $5.5 million as social media industry gains steam

SAN FRANCISCO (Reuters) – Unmetric, a “social media intelligence” provider, has won $5.5 million in Series B financing to build up its sales force, the company said Thursday.

Unmetric provides its customers, including Subway and Toyota, data on how their competitors’ advertising campaigns or customer service efforts are faring on services like Facebook, Twitter and YouTube.

Sep 17, 2013

Facebook and Twitter said to be unblocked in Iran

SAN FRANCISCO (Reuters) – Facebook and Twitter became widely accessible to Iranian users on Monday for the first time since 2009, when the services were blocked in the midst of widespread protests against former president Mahmoud Ahmadinejad, according to reports emerging from the country.

Reporters in Tehran for the New York Times and the Washington Post both said on Twitter that they could access the service freely on Monday.

Sep 17, 2013

Insight: How freewheeling Twitter became a money-spinning juggernaut

SAN FRANCISCO (Reuters) – Around midnight on Christmas Eve of 2009, a handful of employees at Twitter received an unconventional holiday greeting from Dick Costolo, then the chief operating officer.

“It was an email that said, ‘We have to move really, really fast. There’s no time to rest because we have a massive opportunity in front of us,” recalled Anamitra Banerji, who headed the team that built Twitter’s first advertising product. “It was kind of crazy because we were all on break, but that attitude was exactly what we needed at Twitter.”

Sep 17, 2013

How freewheeling Twitter became a money-spinning juggernaut

SAN FRANCISCO, Sept 15 (Reuters) – Around midnight on
Christmas Eve of 2009, a handful of employees at Twitter
received an unconventional holiday greeting from Dick Costolo,
then the chief operating officer.

“It was an email that said, ‘We have to move really, really
fast. There’s no time to rest because we have a massive
opportunity in front of us,” recalled Anamitra Banerji, who
headed the team that built Twitter’s first advertising product.
“It was kind of crazy because we were all on break, but that
attitude was exactly what we needed at Twitter.”

Sep 13, 2013

Twitter takes first step toward going public

SAN FRANCISCO/NEW YORK (Reuters) – Twitter Inc has filed for an initial public offering with U.S. regulators, the company said on Thursday, taking the first step toward what would be Silicon Valley’s most anticipated debut since Facebook Inc’s last year.

The impending IPO of the microblogging phenomenon ignited a competition among Wall Street’s biggest names for the prestige of managing its coming-out party. Goldman Sachs is lead underwriter, a source familiar with the matter said on Thursday, which is a major coup for the Wall Street bank.

Sep 12, 2013

Twitter says files confidentially for IPO

SAN FRANCISCO/NEW YORK (Reuters) – Twitter Inc has filed confidentially for an initial public offering, the company said on Thursday, taking the first step toward what would be Silicon Valley’s most anticipated debut since Facebook Inc’s last year.

The impending IPO of the microblogging phenomenon ignited a competition among Wall Street’s biggest names for the prestige of managing its coming-out party. Goldman Sachs is an underwriter, a source familiar with the matter said on Thursday.

Sep 12, 2013

FTC to scrutinize new Facebook facial recognition feature

By Aurindom Mukherjee and Gerry Shih

(Reuters) – U.S. officials will examine changes to Facebook Inc’s privacy policy to determine whether they violate a 2011 agreement with federal regulators, a Federal Trade Commission spokesman confirmed Wednesday after certain changes drew fire from privacy advocates.

Much of the criticism has focused on a proposed “Tag Suggest” feature that would use facial recognition technology to match faces in photos with public profile features, part of a broad set of privacy changes the social networking giant announced on August 29.

Sep 12, 2013

Facebook shares break $45 for first time since 2012 IPO

SAN FRANCISCO (Reuters) – Shares of Facebook Inc rose more than 3 percent to a new high Wednesday, valuing the world’s No. 1 social network at $106 billion, as investors focused on its recent mobile advertising advances and the potential to expand ad revenue into new areas.

The stock touched $45 at 1:50 p.m. ET and briefly hit $45.07 shortly after 2 p.m. on the Nasdaq – highs not seen since May 18, 2012, the day of Facebook’s initial public offering. It closed at $45.04.

Aug 29, 2013

Salesforce’s raised outlook reassures, lifts shares

SAN FRANCISCO, Aug 29 (Reuters) – Salesforce.com Inc
raised its fiscal 2014 sales outlook after reporting
better-than-expected revenue and earnings on Thursday,
reassuring jittery investors that the cloud software company
will continue its red-hot growth.

The company raised its full-year revenue guidance to between
$4 billion and $4.025 billion, in line with Wall Street
expectations of roughly $4 billion.