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.
For the second year in a row, Salesforce.com is hosting a hackathon that will dole out $1 million in prizes. But after last year's disastrous contest , which wound up costing the company $2 million in cash and a red face, it has changed the rules. And, sadly, the biggest prize in hackathon history is gone.
Drawing on numbers from last month, the report is much more current than that of Google, which used data that was months old. Salesforce didn't try to defend its stats, instead opting to promise to update the information in the future.Joining the likes of Google Yahoo , and Facebook , enterprise tech giant Salesforce.com released diversity stats about its employee makeup on its website. Unsurprisingly, Salesforce's numbers look overwhelmingly similar to stats from the other Silicon Valley companies.
In a long-awaited move, will.i.am is expected to officially launch his smartwatch in San Francisco on Wednesday. Oddly, this will not be related to Apple's event this week. On Thursday, Apple is expected to launch new iPads, Macs, and a new OS. But will.i.am will launch his new product at a huge customer conference being held by enterprise cloud software company Salesforce.com.
The site is near where the Golden State Warriors are building their new 18,000-seat stadium.Uber will own 49% of the building, and will enter a 15-year lease for the space.Uber announced a partnership with Alexandria Real Estate Equities to buy two huge parcels of land — 422,980 square feet — The land, which is located at 1455 and 1515 Third Street, will also be home to Uber's headquarters.
Next week, a Boston-based tech company called HubSpot plans to raise ~$100 million in an inital public offering on the New York stock exchange. Hubspot is a software-as-a-service company, which means it makes software that companies subscribe to, rather than simply buy and install. The software it makes is marketing software for small to medium-sized business.
Salesforce.com will not be left out of the big data boom, and it’s hitting it in a way that suits its mainstream customers, with less overt math and lots more pretty pictures.The product’s official name is Wave, the Analytics Cloud, and Salesforce is introducing it at the start of Dreamforce, the company’s huge annual conference, currently tying up traffic in San Francisco. Two weeks ago, the company was projecting the event would attract more than 125,000 people.
Snapchat cofounder and CEO Evan Spiegel has finally moved out of his parents' house,The 24-year-old has purchased his first home, a three-bedroom, Spanish-style house in the Brentwood section of Los Angeles. He reportedly paid $3.3 million for it. Spiegel has lived in his father's Pacific Palisades home for years, despite being the head of an app that's been valued at $10 billion .
Square, the San Francisco e-commerce start-up, plans to raise at least $100 million in a new round of venture capital funding, according to a person briefed on the investment.The new round of financing would value the San Francisco-based start-up at $6 billion, said the person, who spoke on the condition of anonymity because the talks were private.
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.
When Todd McKinnon first joined Salesforce.com in 2003, his engineering team had 15 people. By 2009, it had grown to 250 engineers.McKinnon loved his Salesforce job. He was senior VP of engineering, and was considered one of the proteges of Salesforce.com CEO Marc Benioff. But McKinnon saw a huge business opportunity in cloud password management that he couldn’t pass up.
Although Salesforce.com CEO Marc Benioff has been a big, visible supporter of President Obama and Nancy Pelosi, he says he's not a Democrat. "I'm not a Democrat and I'm not a Republican. I'm an American," he told TechCrunch's Mike Arrington. during the Disrupt conference in San Francisco earlier this month. "If I like someone I'll give them money, but I'm not particularly close to anyone.
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.
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.
It wouldn't be an Oracle customer conference without a trash-talking keynote speech from cofounder Larry Ellison. Ellison didn't disappoint on stage Sunday night at the Oracle Open World conference in San Francisco. Talking to 60,000 attendees and seven million people online, Ellison took on Workday, Amazon, and, to a milder extent, Salesforce.
Saturday night (November 1, 2014), Apple design chief Jony Ive was feted at an exclusive event at the San Francisco Museum Of Modern Art (SFMOMA).
The event was on the 15th floor of an office building in the city's financial district due to the renovation of the museum's main space, and it was packed to the rafters with museum patrons and Ives' friends in the tech business.
Salesforce.com has set aside $100 million to invest in mobile app startups through its Salesforce Ventures VC arm. While lots of tech companies have venture funds (from Google to SAP), Salesforce has to be one of the most active.
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).