Gerry's Feed
Mar 1, 2013

Salesforce’s $835 million quarterly revenue tops forecasts

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.

Feb 26, 2013

Gates, Zuckerberg champion computer programming in new nonprofit video

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.

Feb 26, 2013

Google extends social Web reach to counter Facebook’s rise

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, 2013

Inmates go high-tech as startup mania hits San Quentin

, 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.

Feb 21, 2013

Jazzed-up Microsoft is cooler than before – Reuters/Ipsos poll

SAN FRANCISCO (Reuters) – Microsoft Corp(MSFT.O: Quote, Profile, Research) is cooler than you might think.

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.

Feb 21, 2013

Jazzed-up Microsoft is cooler than before: Reuters/Ipsos

SAN FRANCISCO (Reuters) – Microsoft Corp is cooler than you might think.

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.

The software maker, often derided in Silicon Valley for failing to dream up products that captivate a new generation of social media and mobile savvy consumers, managed to pip Facebook Inc in the survey – only 42 percent of young adults thought the world’s largest social network is cooler now than in the past. Twitter scored 47 percent, below Microsoft’s 50 percent.

Feb 20, 2013

Twitter begins integrating advertising software

SAN FRANCISCO (Reuters) – Twitter Inc said on Wednesday it is opening up its platform to third-party advertising management software, taking another step to establish its ad-based business model ahead of an initial public offering.

The ads application programming interface, or API, would allow advertisers to connect their existing ad management software to their Twitter account to automate ads on the micro-messaging platform.

Feb 13, 2013

Dropbox chases corporate customers and revenue

SAN FRANCISCO, Feb 12 (Reuters) – The battle between two of
Silicon Valley’s most richly valued private Internet companies
ratcheted up on Tuesday as Dropbox unveiled the first
comprehensive upgrade to its cloud-storage product aimed at
corporate users.

With the move, the $4 billion-valued Dropbox, which has been
a popular sensation in the consumer market, is squarely taking
on Box Inc., a similar file-sharing service that has positioned
itself in recent years as the option for security-conscious
corporate IT departments.

Feb 8, 2013

Xx Flipboard hires former Hulu CTO and Kleiner Perkins exec

SAN FRANCISCO, Feb 8 (Reuters) – Flipboard, the high-profile
tablet app-maker, has hired Hulu’s former chief technology
officer to be Chief Executive Mike McCue’s No. 2.

Eric Feng, currently an executive at Sand Hill Road venture
capital firm Kleiner Perkins Caufield & Byers, said Friday he
would oversee engineering and strategy at the startup, which has
raised more than $60 million in venture financing and makes a
popular app for reading news and magazine articles.

Feb 8, 2013

LinkedIn beats Street, outstrips social media rivals

SAN FRANCISCO, Feb 7 (Reuters) – LinkedIn Corp
extended its hot streak on Thursday, announcing both blow-out
quarterly profits and a bullish forecast for the new year that
exceeded Wall Street’s already lofty expectations.

The results reaffirmed the “professional” social network’s
reputation as a fast-growing but sure-footed business — and the
star exception in a mostly disappointing social media sector.