Gerry's Feed
Aug 8, 2014

China refutes claim of government ban on Apple purchases

BEIJING (Reuters) – Apple Inc (AAPL.O: Quote, Profile, Research, Stock Buzz) products such as laptops and tablets are not banned from Chinese government procurement lists, according to the country’s chief procurement center, refuting a report claiming Apple was blacklisted on national security concerns.

According to a Bloomberg News report published on Wednesday, 10 Apple products, including MacBook laptops and iPad tablets, were taken off a government list of approved hardware due to security concerns.

Aug 7, 2014

IBM offers cloud-based services to Chinese firms to address security concerns

BEIJING (Reuters) – International Business Machines Corp said on Thursday it would provide cloud-based risk analysis for a Chinese financial data firm in a deal that executives heralded as a model for future business in China, where state-owned enterprises are increasingly shunning foreign technology on security grounds.

Under the new software deployment model, financial data provider Shanghai Wind Information will send publicly available data to IBM’s cloud for risk analysis without having to disclose specific portfolio holdings or having to install IBM software or hardware on its servers.

Aug 7, 2014

China Unicom earnings disappoint after value-added tax kicks in

BEIJING, Aug 7 (Reuters) – China Unicom, the
country’s second-biggest wireless carrier, fell short of analyst
expectations when it reported its first-half net income as
China’s new value-added tax scheme began to cut into earnings.

Net income for the six months ended June 30 rose 26 percent
to 6.7 billion yuan ($1.09 billion), the company said on
Thursday after the Hong Kong market close. That missed
projections of 7.35 billion yuan, estimates compiled and
calculated by Thomson Reuters show.

Jun 13, 2014

Two senior Twitter executives resign as growth lags

By Supriya Kurane and Gerry Shih

(Reuters) – Twitter Inc (TWTR.N: Quote, Profile, Research, Stock Buzz) on Thursday announced the abrupt departure of two senior executives, including the chief operating officer who had been responsible for the social media company’s efforts to revive flagging user growth.

Ali Rowghani, once seen as an influential No. 2 who oversaw Twitter’s product development, finances and dealmaking, departed after clashing with Chief Executive Officer Dick Costolo over whether he should continue to oversee product innovation, a person familiar with the matter said.

Jun 12, 2014

US cybersecurity firm offers free protection for political blogs

SAN FRANCISCO, June 12 (Reuters) – Internet security company
Cloudflare said on Thursday it will offer its full raft of
protective services for free to “politically or artistically
important” Web sites that come under politically motivated
cyber-attack.

The San Francisco-based company is one of the most highly
sought-after Internet service providers, but also highly
criticized for serving customers the U.S. government views as
terrorist organizations. It defends its customers from
distributed denial-of-service attacks, an increasingly popular
method used by hackers to take down Web sites.

Jun 12, 2014

Twitter chief operating officer resigns as growth lags

By Supriya Kurane and Gerry Shih

(Reuters) – Twitter Inc (TWTR.N: Quote, Profile, Research, Stock Buzz) on Thursday announced the resignation of its chief operating officer, who had been responsible for the social media company’s efforts to revive flagging user growth.

Ali Rowghani, once seen as an influential No. 2 who oversaw Twitter’s product development, finances and dealmaking, departed after clashing with Chief Executive Officer Dick Costolo over whether he should continue to oversee product, a person familiar with the matter said.

Jun 10, 2014

Messaging service Tango to offer media content

SAN FRANCISCO (Reuters) – Tango, the popular mobile messaging app, said Tuesday it has struck deals with media companies including AOL and Vevo to distribute content in a new effort to differentiate itself in the hotly contested mobile messaging sector.

Tango said its 200 million users worldwide will be able to browse new “Channels” for entertainment, news, sports and other categories to discover articles, videos and songs. Content providers so far include music streaming service Spotify, AOL properties including the Huffington Post and Dailymotion, the video repository.

Jun 3, 2014

Airbnb testing group dinners for strangers

SAN FRANCISCO, June 3 (Reuters) – Airbnb, a San Francisco
startup that has grown into a $10 billion business by letting
strangers share their homes for a fee, now wants to do the same
for the dinner table.

Airbnb is encouraging hosts to throw dinners for strangers
as part of a new pilot program in its home city. The company
would take a cut of the proceeds, similar to how it makes money
from its core business of letting people list spare bedrooms or
homes on its website.

May 29, 2014

Microsoft to put Salesforce apps into Windows-run devices

SAN FRANCISCO (Reuters) – Microsoft Corp (MSFT.O: Quote, Profile, Research, Stock Buzz) said on Thursday it would integrate rival Salesforce.com Inc (CRM.N: Quote, Profile, Research, Stock Buzz) apps into its Windows and online Office platforms, furthering Chief Executive Satya Nadella’s drive to make the company more cloud-computing friendly.

The main thrust of the tie-up means Salesforce’s popular customer-management apps will be available on Windows desktop PCs, tablets and mobile devices, while Salesforce users will be able to access Microsoft Office content such as Excel spreadsheets and PowerPoint presentations.

May 27, 2014

Nearly 400 million Twitter users estimated by 2018 – study

SAN FRANCISCO, May 27 (Reuters) – Twitter Inc’s
messaging service will have close to 400 million global users by
2018, mostly in Asia, Latin American and the Middle East,
consulting firm eMarketer estimated on Tuesday, far short of the
1 billion once expected.

The new study by the digital advertising industry research
firm suggests that Twitter’s user growth will have plateaued in
major developed markets within five years.