THE BUSINESS OF TECHNOLOGY
Oracle, the enterprise software giant, has acquired Nimbula, the cloud management software company built by the original creators of Amazon Web Services, to help brighten its cloud offering with some much needed direction. Nimbula offers a cloud management platform that lets people easily establish on-premise pools of visualized … [Read more...]
Tablets will make up 35 percent of the $16.4 billion that smartphone apps are expected to earn this year, according to the latest forecasts from ABI Research. By 2018, however, they are expected to dominate as cheaper tablets become available and people start to use them regularly for mobile browsing. Tablet growth is projected to steadily … [Read more...]
Cobone, one of the biggest daily deals companies in the Middle East with over 2 million subscribers, has been acquired by Tiger Global Management, a New York investment firm whose early stage investment sheet includes Facebook, Zynga and LinkedIn. The deal buys out the stakes of management and Jabbar Internet Group, and leaves Cobone with … [Read more...]
Trulia, the real estate listings site that went public last year, is looking to raise about $150 million through selling previously locked up shares. The company will use the funding to purchase acquisitions. In an SEC filing, the company indicated it would offer about 5.25 million shares in a primary and secondary offering. About 1.75 million … [Read more...]
Facebook may have thrown its idea for a Facebook phone into the virtual trash bin, but that doesn’t mean the company has abandoned voice. Its latest update for its iOS app allows users in the US and Canada to place voice calls to other users, even if they don’t know the other person’s phone number, providing both are online and have the … [Read more...]
Facebook enriched its revamped news feed this week with action verbs for developers that enable users to instantly post about their activities. The verbs provide Facebook users an easy way to socialize their run schedule or what they’ve been reading, for example, while providing Facebook as well as brands with critical, concrete data that can … [Read more...]
You’re News Feed will never be the same. That could be a good thing, or a bad, but one thing’s for sure, many of Facebook’s users probably won’t like it. They never do. Change sucks. Facebook will be rolling out a facelift of its News Feed this week, Reuters reported. The changes are the biggest to hit the world’s biggest social … [Read more...]
Though the feature may only be six months old, LinkedIn’s endorsements have already helped the professional social network increase user incentive for engagement. This week, the company announced a milestone of surpassing 1 billion Endorsements, with 58 million members receiving recognition from other members for a variety of areas of expertise. … [Read more...]
Yes, FBI spies are watching us, or at least some of us, Google admitted in its Transparency Report. The web giant released some vague details about government requests on the private information of its users, providing ranges of figures “to address concerns raised by the FBI, Justice Department and other agencies that releasing exact numbers … [Read more...]
Groupon’s CEO Andrew Mason may be out of a job after his firing following a dismal earnings report that saw the stock drop 25 percent, but at least he has a sense of humor about it. “After four and a half intense and wonderful years as CEO of Groupon, I’ve decided that I’d like to spend more time with my family. Just kidding – I was … [Read more...]