Salesforce.com shares were back in positive territory on Wednesday – closing up 0.5 per cent at $37.95 – after an 8 per cent fall the previous day caused by its decision to spend $2.5bn on its biggest acquistion to date – ExactTarget.
Salesforce, whose CRM ticker name is an acronym for its business – customer relationship management, came to the market nine years ago as the leading exponent of a new way of working. Companies would subscribe to its online service through the internet cloud rather than run traditional software on their local machines. Read more
Zynga appears to have wasted the $200m it was understood to have paid last year for OMGPop – with the Draw Something maker’s New York office being reportedly shut down as part of the restructuring announced this week.
It had already written down the March 2012 acquisition by around $90m last October as the drawing game’s popularity waned. Zynga is laying off 18 per cent of its global workforce – around 520 people – as it tries to shift the focus of its business away from Facebook to mobile games. One alleged victim of the cuts has been sounding off on Reddit over the past few hours about his experience at Zynga’s San Francisco headquarters. Read more
Less than a week after its founder Iain Dodsworth announced he was leaving, TweetDeck has bared its new web-design to the world. Users of the web version and Chrome app will notice that the top bar is now at the side, it’s easier to add new columns and that the overall look has been tweaked Read more
The Computex show in Taiwan this week has featured some inventive takes on computing, including Asus’s Transformer Book Trio that works as a Windows 8 notebook and desktop as well as an Android tablet.
Next to that, announcements from Sony and Toshiba around the show seem rather conventional, with pens featured and the latest fourth-generation “Haswell” Core processors from Intel. Read more