SAN FRANCISCO (Reuters) – Last spring, the future for Viddy, a video-sharing Facebook app, seemed as sunny as southern California’s skies.
Based a block away from Venice Beach, the 30-person startup impressed prospective investors with skyrocketing user growth figures and won funding from them at a $370 million valuation. The tech press hailed it as the “Instagram for video,” potentially ripe for a billion-dollar-plus buyout. Justin Bieber wanted to invest — and the pop star eventually did just that.
SAN FRANCISCO, March 11 (Reuters) – Last spring, the future
for Viddy, a video-sharing Facebook app, seemed as sunny as
southern California’s skies.
Based a block away from Venice Beach, the 30-person startup
impressed prospective investors with skyrocketing user growth
figures and won funding from them at a $370 million valuation.
The tech press hailed it as the “Instagram for video,”
potentially ripe for a billion-dollar-plus buyout. Justin Bieber
wanted to invest – and the pop star eventually did just that.
AUSTIN, Texas March 9 (Reuters) – Elon Musk, the Silicon
Valley entrepreneur, took yet another swipe at The New York
Times on Saturday, calling the newspaper’s critical
review of his Tesla Model S electric car a “low-grade ethics
Speaking in a wide-ranging interview at the South by
Southwest Conference in Austin, Texas, Musk, a co-founder of
Tesla Motors in 2003, stood by his claim that Times
reporter John Broder intentionally misled readers when he wrote
that the Model S ran out of power sooner than expected during a
drive from Washington D.C. to Boston in winter weather.
SAN FRANCISCO (Reuters) – In the face of increasing government-led crackdowns on social media, Google Inc (GOOG.O: Quote, Profile, Research, Stock Buzz) should not force Internet users to reveal their real names for some services, including its Google+ social network, said Vint Cerf, a senior Google executive known as a “father of the Internet.”
In an interview with Reuters, Cerf acknowledged that the search giant’s sweeping push in the past 18 months to institute real-name authentication for Google+ and other services has sparked intense debate within its Mountain View, California, headquarters. But he argued that current name policy, which allows for some users to display pseudonyms, offers adequate “choice” in how users choose to represent themselves.
SAN FRANCISCO (Reuters) – Years before becoming a publicly traded internet juggernaut, Facebook (FB.O: Quote, Profile, Research, Stock Buzz) tried an unorthodox tactic to expand its influence – giving start-ups money to build Facebook apps.
Now, unlisted internet telephony firm Twilio and its financial backer are attempting to recreate Facebook’s success.
By Gerry Shih
(Reuters) – Salesforce.com Inc on Thursday reported better-than-expected quarterly sales of $835 million, backed by strong sales of its cloud-based services.
Shares gained 4.9 percent after hours to $177.50, after closing up 1.4 percent at $169.22 on the New York Stock Exchange.
SAN FRANCISCO, Feb 26 (Reuters) – When Hadi and Ali Partovi
immigrated to America from Iran in 1984, they slept in the same
cramped bedroom as their parents, who exhausted their life
savings on the teenage boys’ education.
Nearly 30 years later, the twin brothers are firmly planted
in the tech industry’s elite circles, after selling companies to
Microsoft and News Corp’s MySpace, and tapping
the rare connections to invest early on in Facebook,
Dropbox and Zappos.
SAN FRANCISCO (Reuters) – Google Inc transformed the Internet by cataloging the Web’s countless pages. Now it wants to keep better track of the Web’s multitude of users.
The Mountain View, California-based company said Tuesday it would begin encouraging websites and mobile apps to accept log-in credentials via Google+, its social network.
, Feb 24 (Reuters) – One by one, the
entrepreneurs, clad in crisp blue jeans and armed with
PowerPoint presentations, stood before a roomful of investors
and tech bloggers to explain their dreams of changing the world.
For these exuberant times in Silicon Valley, the scene was
familiar; the setting, less so.
A Reuters/Ipsos poll found that just under half of 853 respondents between the age of 18 and 29 thought Microsoft is cooler now than it was a year or two ago.