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Showing posts from May, 2017

Crunch Report | 2017 Internet Trends Report

Today’s Stories  Read Mary Meeker’s essential 2017 Internet Trends report Nest’s latest home camera is the super smart Nest Cam IQ Elon Musk will leave Trump councils if U.S. withdraws from Paris agreement Samsung’s elusive Bixby voice assistant is reportedly still weeks away from launching Credits Written by: Tito Hamze, John Mannes Hosted & Edited… Read More from TechCrunch http://ift.tt/2qHWE6i via IFTTT

How sales took Ysiad Ferreiras from gang violence in the Bronx to Silicon Valley

 Silicon Valley has very few executives that have a LatinX background, and today’s Breaking Into Startups Episode features a young Dominican from the Bronx named Ysiad Ferreiras that survived gang violence, became an engineer, and is now the VP of Sales for a company called Hustle. Read More from TechCrunch http://ift.tt/2qI2dBJ via IFTTT

After investing in Twitter, Steve Ballmer gave up investing (TWTR)

RANCHO PALOS VERDES, California — When Steve Ballmer retired from the CEO job at Microsoft in 2014, he set his sights on becoming a tech investor and soon made a big bet on Twitter, acquiring a 4% stake. That bet has not turned out very well so far, and now the former Microsoft head honcho admits he's lost his taste for investing.  At the Code Conference taking place near Los Angeles this week, Ballmer discussed his short-lived stint as a tech investor and his decision to move on to other pursuits. "I'm out of that phase, for those of you who might be looking for money. I'm not in that phase at all anymore," he said. "I'm out of that investment thing." He's focused on owning his NBA basketball team, the LA Clippers; running his philanthropic organization with his wife, The Ballmer Group; and playing golf, he told Business Insider on the sidelines of the conference. Back around the time he bought stock in Twitter it was trading at well above

Box CEO Aaron Levie is taking a page from Jeff Bezos' playbook as he primes the company for the next year (BOX, AMZN)

As Box CEO Aaron Levie prepares his company for the future, he's taking inspiration from Amazon CEO Jeff Bezos.  If Box is going to stay relevant for years or decades to come, it can't take anything for granted, Levie told Business Insider on Wednesday in an interview following his company's latest quarterly report. It has to try to capitalize on what it sees as its big opportunities, even if that means making investments in things that aren't obvious and won't pay off immediately. In saying that, Levie was consciously channeling Bezos, who's famously tried to instill in his company that it's " always Day 1 ," and there is room to experiment and make big bets. "That's exactly our mentality," Levie says. "We're starting over right now."  Box has a good base to build on. T he cloud content management service (don't call it a file storage app), reported better-than-expected quarterly results on Wednesday afternoon

NTT Data announces strategic investment in NoSQL database provider MarkLogic

 NTT Data, the large Tokyo-based global IT services provider, today announced that it has made a strategic investment in database provider MarkLogic. The two companies declined to reveal the size of the investment, but Dave Ponzini, MarkLogic’s EVP of Marketing and Corporate Development, tells me it was “not a huge amount but not an insignificant amount either.” Read More from TechCrunch http://ift.tt/2rGmgp4 via IFTTT

AT&T acquisition of Time Warner will not be blocked by Trump, CEO predicts

 Time Warner CEO Jeff Bewkes talked about the pending sale to AT&T on stage at Code Conference in Rancho Palos Verdes, California on Wednesday. Bewkes told the largely tech and media crowd that he doesn’t think that the Trump administration will have a big impact on the proposed deal, despite previous claims by the president that he’s against it.  Bewkes hoped that the… Read More from TechCrunch http://ift.tt/2soHzYu via IFTTT

Uber said it lost $700 million in Q1 and it's looking for a public company CFO as its head of finance leaves

Uber's head of finance is leaving the company, putting the ride-hailing startup in the tricky position of trying to recruit two high-level executives as it grapples with multiple scandals and bleeds hundreds of millions of dollars in red ink every quarter. Uber lost $708 million, excluding stock compensation expenses, in the first three months of the year, an Uber spokesperson told Business Insider. Uber's head of finance, Gautam Gupta, is leaving Uber to join an unspecified startup, Uber said.  Uber said it is launching a search for a CFO with public company experience — a move that could kick off Uber's march to go public.  News of Gupta's departure and Uber's financial results were first reported by The Wall Street Journal on Wednesday. Developing... Join the conversation about this story » NOW WATCH: I wear these computer glasses every day even though I have perfect vision — here's why from Tech Insider http://ift.tt/2sfSVim via IFTTT

Uber’s head of finance is leaving

 Uber’s head of finance, Gautam Gupta, is leaving the company in July, the Wall Street Journal reports. Gupta’s plan is to join another San Francisco-based startup, but it’s not clear what that startup is. News of his impending departure comes as Uber has reported losses of $708 million. In Q1, Uber’s revenue was $3.4 billion, an 18% increase from its last quarter.… Read More from TechCrunch http://ift.tt/2soDhAu via IFTTT

Hillary Clinton made a stinging joke about Trump's mysterious "covfefe" tweet

RANCHO PALOS VERDES, California — Even Hillary Clinton had a zinger about "covfefe."  The apparent typo word, embedded in a  middle-of-the night tweet by President Trump, was the joke of the day on Wednesday online and across the nation. No less so here at the Code Conference, an annual gathering of the tech industry elite.  During her appearance at the conference, Clinton talked about Russia's alleged attempts to influence last year's election to Trump's benefit. That's when she got in her "covfefe" barb. "I think it was a hidden message to the Russians," she said. The audience, largely made up of people who supported her in the election, laughed. Trump got the ball rolling on "covfefe" last night when he wrote in a since-deleted tweet, "Despite the constant negative press  c ovfefe".  The tweet immediately went viral, and an internet meme  was born. Trump himself even poked fun at his apparent typo, writing in

Senators ask FBI to look into FCC’s cyberattack claims

 The FCC claimed earlier this month that the comment system by which people can weigh in on the proposal to kill net neutrality had been on the receiving end of a distributed denial-of-service attack. Today, a group of Senators asked that the FBI look into it. Read More from TechCrunch http://ift.tt/2qBUklX via IFTTT

How should startups work with city governments?

 If you want to re-imagine cities, you’ll likely work with city government. Sometimes this means city governments will your customer, but far more often founders will encounter an unfamiliar relationship that includes policy, regulations and enforcement. There are great resources to guide founders through all aspects of customer discovery, but there aren’t yet great frameworks… Read More from TechCrunch http://ift.tt/2rGaQl2 via IFTTT

'I thought it was a hidden message to the Russians': Hillary Clinton quips about Trump's 'covfefe' kerfuffle

Former Secretary of State Hillary Clinton took a jab at President Donald Trump's misspelled tweet that has since sent social-media into a craze. "I thought it was a hidden message to the Russians," said Clinton at Recode's Code Conference on Wednesday. On Tuesday evening, a tweet posted to Trump's personal Twitter account read: "Despite the constant negative press covfefe." The tweet was eventually deleted at 6 a.m. ET on Wednesday, but not until it gained a cult-like following on social-media. Trump eventually issued another tweet, ostensibly addressing those who lost it over the typo: "Who can figure out the true meaning of 'covfefe' ??? Enjoy," Trump tweeted Wednesday morning. Clinton also touched on how she believed "diversions" like the "covfefe" kerfuffle was truncating the attention spans of Americans. "You got all kinds of stuff happening," Clinton said. "To divert attention. It’s like