Eric David
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LinkedIn announced today that it has reached more than 500 million registered users on its social network for professionals. LinkedIn stopped publishing its own quarterly earnings reports after it was acquired by Microsoft Corp. last year for a hefty $26.2 billion, but on its final …
Uber reportedly tracked iPhone users even after they deleted its app
Uber Technologies Inc. tracked iPhone users even after they deleted the app from their devices, and Uber tried to hide the practice from Apple Inc.’s engineers, according to a report by the New York Times. Uber allegedly used a technique called fingerprinting to tag iPhones …
Lawsuit claims encrypted messenger Confide is not as secure as advertised
Confide, an encrypted chat app that has reportedly been used by White House staffers, is the subject of a proposed class action lawsuit filed Thursday claims that the service might not be as secure as it claims. Founded in 2013, Confide offers a confidential …
Gladly raises $36M to help businesses get a grip on customer service
Gladly Software Inc., the provider of a customer service software as a service platform, announced today that it has closed a $36 million Series C investment round led by GGV Capital. According to Gladly, consumers have come to expect a lot from their customer …
Report: Microsoft in talks to acquire cloud monitoring firm Cloudyn for $50-70M
Microsoft Corp. may be looking to boost its cloud tools by acquiring Israeli startup Cloudyn Software Ltd. for $50 million to $70 million, according to a report by Hebrew language news publication Calcalist. Founded in Tel Aviv, Israel in 2012, Cloudyn offers automated software-as-a-service solutions that give …
Qualcomm shares boosted by earnings beat despite looming Apple lawsuit
Qualcomm Technologies Inc. posted stronger than expected results in its second-fiscal quarter earnings report today, but the company’s success continues to be marred by ongoing legal battles, including Apple Inc.’s $1 billion patent abuse lawsuit and the U.S. Federal Trade Commission’s antitrust investigation. Qualcomm, which …
Amazon’s Twitch adds new subscription choices for super gaming fans
Twitch, Amazon.com Inc.’s popular livestreaming service for gamers, announced today that it will be adding two new subscription options for channels, which could lead to a significant pay bump for some streamers. Subscriptions are one of the main revenue sources for Twitch streamers, …
IBM’s shares drop as cloud growth fails to keep revenues from falling
IBM Corp. posted mixed results for its first fiscal quarter today as the 105-year-old tech giant once again reported a decline in its year-on-year revenues. IBM reported a profit of $2.38 per share on revenues of $18.2 billion. The company’s earnings beat analyst …
Report: Apple and Foxconn may buy a stake in Toshiba’s chip business
Apple Inc. may be teaming up with key supplier Hon Hai Precision Industry Co., more commonly known as Foxconn, to bid for a significant portion of Toshiba Corp.’s semiconductor business. Toshiba has faced tough financial difficulties over the last year, leading to dissatisfied investors lashing …
Amazon opens Echo’s microphone tech to third-party devices
It’s no secret that Amazon.com Inc. wants to put its Alexa smart assistant into pretty much anything with a computer chip in it, and today the online retail giant has taken another step toward that future by opening up the voice technology behind its …