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
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
Days after August’s launch, yet another smart lock has come knocking on the door in the shape of Goji, which launches an Indiegogo crowdfunding campaign today.
Goji stands out from other remotely operated deadbolts with its built-in camera, which takes and emails or texts you a picture alert of the person entering your home. So you can check what state your son was in when he came in at 3am or see if the cleaner sent someone else to do her shift. Read more
Microsoft’s attempt to introduce consumers to the wonders of touch with Windows 8 amounted to a rough shove. The operating system’s poor reception has prompted a rethink and details of an updated version were unveiled on Thursday.
Windows 8.1, available as a preview from June 26, will bring back features familiar to and missed by Windows 7 users, including a Start button – but no Start menu – and the choice of not beginning their bootup experience with the touch-optimised “Modern” tile interface. Read more
Two Silicon Valley companies delivering thousands of entertainment channels over the internet have announced significant funding rounds and milestones for their services.
Roku, whose set-top box delivers more than 700 channels of movies, TV, music, radio and web content, has received $60m in a Series F round, while TuneIn, which gives access to more than 70,000 radio stations, has bagged $25m in Series C funding. Read more
Google shares rose past the $900 mark on Wednesday as it announced 900m Android activations at its annual developer conference, Google I/O, in San Francisco. Google also launched a new subscription music streaming service, Google Play All Access, and a bunch of new services for developers, including improved gaming capabilities, mapping services and voice-controlled search tools.
Here’s a transcript of the liveblog by Chris Nuttall and Tim Bradshaw, who were reporting from the Moscone Center.
Things are looking up for Nokia in the US, a territory where it was unloved and unrepresented by operators not so long ago.
Now it has not one but two carriers touting its latest Windows smartphones, with Verizon launching the Lumia 928 this week and T-Mobile having its own exclusive with the 925, unveiled in London on Tuesday and available at a date to be announced in the US. Both represent advances on its signature Lumia 920 launched last year. Read more
Google’s Gmail is suffering disruption, with many corporate users reporting they are not receiving emails from the webmail service, which has more than 400m users worldwide.
While Google’s Apps Status Dashboard is reporting that Gmail is working normally, it indicates the related Postini Services are suffering from disruption. Read more
The Fitbit is no longer fiddly.
Its San Francisco-based maker has removed my chief problem with this useful health tracker – launching a Fitbit Flex version today that straps to my wrist rather than the USB-stick shaped predecessor that was always getting lost in one of my pockets. Read more