Salesforce.com just purchased 400,000 square feet of office space in San Francisco for $340 million, the San Francisco Gate reports.
The deal is the largest of its kind in a decade, and will effectively double Salesforce's footprint in San Francisco.
Google now has more than 4,000 employees and over 3.5 million square feet of office space in New York City alone - and it’s looking to expand even more.According to The Wall Street Journal, Google plans to rent space in what used to be a marine terminal on the shore of the Hudson River. It didn’t say when exactly Google’s new office will open, as it’s still in early discussions.
MOUNTAIN VIEW, Calif. — Early this year, Google unveiled renderings of several clear, tent-like buildings that would replace its current Silicon Valley headquarters, known as the “Googleplex.” Renderings may be about as far as the idea is likely to go.
A 14,000-square-foot penthouse apartment in San Francisco's yet-to-be-completed Lumina property has just been listed for a jaw-dropping $49 million. If sold for the listing price, it would be a record for San Francisco. The most expensive condo ever sold in the city was the St. Regis penthouse, which went for $28 million in 2011.
The typical transmitters used by mobile carriers are built to cover large areas, but in turn are expensive and require lots of space. "Small cells" are the exact opposite. They are small transmitters that only cover a radius of 250 to 500 feet, but the trade off is that they are cheaper to build and maintain, and their size means they can be installed in places and remain inconspicuous.
Some carriersuse "small cells"to boost their coverage, because these relatively tiny transmitters are 1.) a lot cheaper, and 2.) more inconspicuous than their traditional counterparts. Verizon is one of those carriers -- in fact, it's planning to install 400 small cells in certain high-traffic areas in San Francisco starting this second quarter.
Salesforce's stock went crazy in after-hours trading the company reported its year-end earnings. As we write this, the stock is up 11% to a new all-time high of $69.80. Salesforce posted a good year, meeting analysts' high expectations exactly — it grew top-line revenue 32% to $5.37 billion and non-GAAP EPS to 14 cents. But that's not what made investors so bullish.
Google on Friday submitted a proposal to raze parts of its Mountain View campus and replace it with a series of airy, space-age buildings with translucentroofs and modular interiors that can be moved around and reconfiguredlike Lego bricks.The campus plan, designed by Heatherwick Studio of London and the Bjarke Ingels Group of Denmark, is more than architectural eye candy.
Microsoft has been telling us for eons that it is eating Google Apps' lunch, but hasn't backed that up with cold, hard figures. Now, all of a sudden, sources all over the tech industry are noticing that Office 365 is everywhere.
In October 2014, Salesforce’s Chief Customer Officer Jim Steele was busy walking around the halls of Moscone Center. He was at Dreamforce, Salesforce's annual conference, where tens of thousands of customers gather to hear Salesforce's latest pitches and schmooze.Making quick stops here and there, Steele was about to leave when one booth immediately caught his attention.
In 2011, there was a thing smart people around the technology industry used to say.As prosaic as its origins may have been, Dorsey’s vision for Square was truly epic. He wanted to blow up the entire financial industry and reinvent the way the world bought and sold.It was that Jack Dorsey, the cofounder of Twitter and Square, was going to be the next Steve Jobs.
concerns about this assessment" but said it paid what was owed in full.Airbnb has paid "tens of millions" in owed hotel taxes and penalties to the city of San Francisco, according to SFGate . The short-term rental startup had technically been operating in the city illegally until San Francisco passed the so-called "Airbnb law" which took effect on February 1.
Amazon has made a rare acquisition in the form of 2lemetry , a startup that helps its customers make sense of all the data brought in by connected devices in the workplace or retail store, VentureBeat reports . Terms of the deal weren't announced, and Amazon loves its secrecy. Cutting through the buzzwords, 2lemetry brings "actionable insights" on so-called "Internet-of-Things" data.
Square, the company famous for its tiny mobile credit-card reader, says that during the last week, the firm crossed a major benchmark: Businesses using Square’s various payment technologies processed $100 million in sales during a single shopping day.Square’s record day caps a stormy year for the company founded by Jack Dorsey, the entrepreneur who also was an inventor of Twitter.
Benioff boasted that Salesforce's version is doing a lot better. "And Service Cloud from Oracle, that's a great example. This is not a multi-billion business for Oracle like it is for us. They have not been able to execute," Benioff said.
When I recently wrote about Slack, a corporate messaging app that has aspirations to replace email, investors valued the company at $1 billion. That was a month ago. Today, the start-up announced that it has raised $160 million from a half dozen investors, and that it is now worth $2.8 billion.
Formation 8, one of the hottest and youngest VC firms in Silicon Valley, has just raised a second fund of $500 million on Wednesday.The San Francisco firm, founded in 2011, has been on a hot streak lately. It made big returns with its early investments in Oculus VR (acquired by Facebook for $2 billion) and RelateIQ (acquired by Salesforce.com for $390 million).
The true success of the new Apple Watch could very well rest on one thing: how useful will this device be for doing your job? If it's very useful, then people will buy and it and bring it work, just like they did with the iPhone and iPad. And some companies, like Salesforce, Evernote, Slack, BetterWorks have apps ready to go to encourage exactly that.
Indy Big Data, and other sponsors bailed on the conference, too.Although Salesforce is resuming business thanks to the revisions in the law, it will still support its LGBT employees who want to relocate, a spokesperson told us. Salesforce supports employees wherever they live if they have pressing needs,"If an employee is uncomfortable, we will help as we always have," a spokesperson told us.