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.
Salesforce's new headquarters, Salesforce Tower, will be the tallest office building west of the Mississippi River when it opensin 2017. A building of that scale requires lots of rebar and wires to support it, but at the bottom of it sits a huge concrete slab that keeps it from swinging, or worse, collapsing.
Typically, increased subleasing signals that some growth-stage technology companies have taken on too much real estate too quickly," Weinberg wrote.Dropbox sent the following statement when we reached out:"We're excited about our move to Brannan Street next year to help us bring together our fast-growing team in one place. We look forward to the upcoming move and expanding our presence in SOMA.
Apple considers new campus in San Jose, pegged at 4.15 million square-feet. Apple Considers New Campus in San Jose, Pegged at 4.15M Square Feet is a post from: iPhone in Canada Blog - Canada's #1 iPhone Resource
Salesforce may already be one of the most powerful companies in San Francisco, but in the rest of world, it’s still working its way up to becoming a mainstream brand.And this week, it took another step forward by setting a new milestone in its 16-year history: it became part of the Fortune 500 list for the first time.
Over the past 16 years, Salesforce has grown into one of the biggest software companies in the world. And it's been fascinating to watch how its charismatic co-founder and CEO Marc Benioff has handled his increasing wealth, and power. Although he wasnever exactly a pauper ,Salesforce turned Benioff into a billionaire. He's been happily giving chunks of his money away, ever since.
Salesforce is expected to surpass $6 billion in revenue this year, making it the fastest enterprise software company to ever do so. Now it’s worth over $45 billion.He was saying: ‘You should write from my new tablet. It’s great.’ But it wasn’t really a two-way street," Harris said.
As this weekend's failed launch of the latest SpaceX mission demonstrates, space travel and exploration remains a difficult endeavor. It is perhaps fitting then that weekend also saw the opening of a new exhibition from NASA at the Kennedy Space Center Visitor Complex in Florida.
Airbnb and similar services have won against Proposition F, with most San Francisco residents choosing to vote against the controversial measure. According to the San Francisco Chronicle, the proposition lost by 55 percent to 45 percent, though Reuters is reporting that it lost by 61 percent instead.
AppDirect, a San Francisco-based startup, has raised $140 million in a round led by a fund advised by JPMorgan Chase. That round values the company at $1 billion as it furthers its master plan to be the middleman of choice in the exploding cloud-software business. This big round comes only seven months after AppDirect raised $50 million in a deal led by Mithril Capital Partners.
Tiny homes are all the rage, at least in certain parts of the country, hailed as a way to minimize one's impact on the planet, keep personal costs low, and utilize resources more efficiently. Tiny houses are also often viewed as a sacrifice, requiring one to give up many modern-day conveniences and necessities.
Weebly has hired former Path CFO and Google finance executive Kim Jabal as its first finance chief.Weebly was founded in 2007 and has grown into aglobal platform that allows users to easily create unique websites, blogs, and online stores.The San Francisco-basedtech startup raised $35 million in April 2014, for a valuation of$455 million.
Peach, a growing lunch delivery service that operates in Seattle and San Diego, has secured $8 million from Madrona Venture Group and Vulcan Capital.The investment will allow Peach, which says it has delivered more than 400,000 lunches since it started in June 2014, to expand its operations to Boston and Washington.
In our everyday lives as citizens, there's an app for that. When we're dealing with our government, there's a form for that,"said Salesforce executive vice president Vivek Kundra at the U.S. Conference of Mayors in San Francisco, California.
When 23-year-old Brandon headed from Massachusetts to the Bay Area in mid-May to start work as a software engineer at Google, he opted out of settling into an overpriced San Francisco apartment. Instead, he moved into a 128-square-foot truck.
TP-Link has unveiled some new WiFi range extenders that are aimed at gamers and people who stream lots of 4K video needing high bandwidth. There are two new range extenders being unveiled including the AC1900 WiFi Range extender RE580D and the AC1750 range extender RE450. The RE580D supports speeds up to 1900 Mbps and the RE450 supports speeds up to 1750Mbps.
Apple's yet-to-be-announced September iPhone 6S event could be way bigger than we originally thought. Usually, Apple holds its product launch events at San Francisco's Yerba Buena Center for the Arts, a reasonably modest 755-seat theater that ensures the company is selective with its guest list.
For many young companies, the potential of being valued at $2.9 billion by Wall Street investors would be a good thing. But when you already have been valued by private investors at $6 billion — at least on paper — it might be a bit of a comedown.