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.
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.
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.
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.
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.
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 .
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.
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.
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.
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.