Gerry's Feed
Jul 3, 2013

Twitter begins cookie-based ad targeting

SAN FRANCISCO (Reuters) – Twitter Inc said Wednesday it would begin showing individually targeted ads using cookies, an effective online tracking technology that has also fueled concerns about internet privacy.

Twitter is only the latest Web company to use cookies, which have been deployed for years by firms like Google Inc, Facebook Inc, Amazon Inc and practically every other major website. These small files, placed on Web surfers’ computers, contain bits of information about the user, such as what other sites they have visited or where they are logging in from.

Jul 2, 2013

Zynga, seeking salvation, names Microsoft Xbox head as CEO

SAN FRANCISCO, July 1 (Reuters) – Zynga Inc’s
decision to bring in the head of Microsoft Corp’s Xbox
business to replace founder Mark Pincus is a bold stroke that
was hailed on Wall Street, but it still leaves questions as to
who is ultimately in charge at the troubled game-maker.

Don Mattrick was personally recruited by Pincus. But Pincus
holds on to 61 percent of the voting rights due to a two-tiered
stock structure and will remain Zynga’s chairman and its chief
product officer.

Jul 2, 2013

Microsoft Xbox head named Zynga CEO

SAN FRANCISCO (Reuters) – Games publisher Zynga Inc (ZNGA.O: Quote, Profile, Research) has replaced chief executive Mark Pincus with Don Mattrick, the Microsoft Corp (MSFT.O: Quote, Profile, Research) executive who headed the critical Xbox business, Zynga announced on Monday.

The news, reported first by AllThingsD, sent Zynga shares up more than 11 percent earlier in the day. The shares rose a further 3 percent to $3.17 when Zynga confirmed the appointment after the bell.

Jul 1, 2013

Microsoft entertainment head to be named Zynga CEO

SAN FRANCISCO (Reuters) – Games publisher Zynga Inc will replace chief executive Mark Pincus with Microsoft Corp executive Don Mattrick, who heads Microsoft’s critical Xbox business, Zynga announced on Monday.

The news, reported earlier by AllThingsD, sent Zynga shares up more than 11 percent earlier in the day.

Jun 27, 2013

Facebook ad products director to join online-payment firm Square

SAN FRANCISCO (Reuters) – Facebook Inc’s director of advertising products has been hired by Square in a significant coup for the young online-payments company.

Gokul Rajaram starts work at the San Francisco-based company next week as lead product developer, overseeing Square Register, the firm’s point-of-sale product for retailers, Square said on Thursday. The product allows retailers to use an Apple iPad computer tablet as a cash register.

Jun 27, 2013

Square’s website for small businesses takes on e-commerce giants

SAN FRANCISCO (Reuters) – Since 2010, Square Inc’s matchbox-sized card readers have steadily supplanted credit card machines in coffee shops and corner stores across the United States.

Now, the company, one of Silicon Valley’s most highly valued private firms, is diving into a market as expansive the internet itself.

Jun 21, 2013

Facebook admits year-long data breach exposed 6 million users

SAN FRANCISCO (Reuters) – Facebook Inc has inadvertently exposed 6 million users’ phone numbers and email addresses to unauthorized viewers over the past year, the world’s largest social networking company disclosed late Friday.

Facebook blamed the data leaks, which began in 2012, on a technical glitch in its massive archive of contact information collected from its 1.1 billion users worldwide. As a result of the glitch, Facebook users who downloaded contact data for their list of friends obtained additional information that they were not supposed to have.

Jun 21, 2013

Box’s sales model evolves as “inevitable” IPO nears -CEO

SAN FRANCISCO, June 20 (Reuters) -
Box, the closely watched data storage company, is shifting its
growth strategy ahead of an initial public offering that could
come in 2014, Chief Executive Aaron Levie told the Reuters
Global Technology Summit.

In its early years as a scrappy startup, Levie advocated a
sales strategy that sought to convince individual employees or
small units within larger companies to use his service for free,
before charging them for additional features.

Jun 18, 2013

Batteries hold key to wearable device revolution

SAN FRANCISCO (Reuters) – Longer-lasting batteries are crucial for a new crop of wearable computers whose rise may upend Apple (AAPL.O: Quote, Profile, Research, Stock Buzz) and Google’s (GOOG.O: Quote, Profile, Research, Stock Buzz) dominance of mobile devices, two of the field’s pioneers say.

Wearable devices – from bracelets that monitor physical activity and sleeping patterns to clothing with built-in sensors and Web-ready glasses – may mark the next big technology shift, just as smartphones evolved from personal computers.

Jun 15, 2013

Web companies begin releasing surveillance information after U.S. deal

SAN FRANCISCO (Reuters) – Facebook and Microsoft have struck agreements with the U.S. government to release limited information about the number of surveillance requests they receive, a modest victory for the companies as they struggle with the fallout from disclosures about a secret government data-collection program.

Facebook on Friday became the first to release aggregate numbers of requests, saying in a blog post that it received between 9,000 and 10,000 U.S. requests for user data in the second half of 2012, covering 18,000 to 19,000 of its users’ accounts. Facebook has more than 1.1 billion users worldwide.