• Facebook Share Price Hits All-Time High Of $75 After Hours After Strong Q2 Numbers

    Facebook Share Price Hits All-Time High Of $75 After Hours After Strong Q2 Numbers

    Facebook’s stock infamously took a nosedive in the months following its public debut in 2012 after analysts wondered if the social network was too overhyped in its IPO and employee share lockups expired. But those days now seem a distant memory. On the back of a strong Q2 report, Facebook stock is at an all-time high in after-hours trading. It’s been creeping up for the last… Read More

  • Facebook Says Messenger And Payments Will Eventually “Overlap” But Don’t Hold Your Breath

    Facebook Says Messenger And Payments Will Eventually “Overlap” But Don’t Hold Your Breath

    Facebook does plan to monetize Messenger through payments, but it’s going to take its time to do it right. Regarding Messenger, CEO Mark Zuckerberg said on today’s Q2 earnings call that “over time there will be some overlap between that and payments”. He stressed that “The payments piece will be a part of what drives the overall success” of Messenger and… Read More

  • Thalmic Myo First Hands-On And Demo

    Hands On With The Production Version Of The Myo Gesture Control Armband

    Thalmic Labs is a Waterloo-based startup with a very ambitious goal – to change the way we interact with our everyday computing devices. To that end, they’ve developed the Myo armband, a gesture control device that fits around the meaty part of your forearm and detects slight muscle movements, arm rotations and even electrical impulses as you gesture, translating all that… Read More

  • American Users Spend An Average Of 40 Minutes Per Day On Facebook

    American Users Spend An Average Of 40 Minutes Per Day On Facebook

    American Facebook users spend way more time on the social network than exercising. Mark Zuckerberg said today on Facebook’s Q2 earnings call that “people on Facebook in the US spend around 40 minutes each day using our service”, while the CDC recommends Americans exercise 21 minutes a day but only 20% of people meet that goal. Zuckerberg said that the 40 minutes a day… Read More

  • Yo Has Spawned An Army Of Clones

    Yo, a so-dumb-it’s-smart (?) app now valued at $10 million following its $1.5 million seed funding round, lets you send brief audio messages to friends that simply say “Yo.” I’m not making this up. This is Idiocracy in action, my friends. The buzz around Yo was nearly as deafening as that around Flappy Bird for basically the same reasons: This? This is a thing?!  Read More

  • Tech Leaders Tell Interns What They Wish They Knew At Age 20

    Tech Leaders Tell Interns What They Wish They Knew At Age 20

    Instagram co-founder Mike Krieger, PayPal co-founder Max Levchin, Eventbrite co-founder Kevin Hartz, early PayPal and AirBnB investor Keith Rabois, Indiegogo co-founder Danae Ringelmann and Re/code founder Kara Swisher were among the 11 speakers whose advice ranged from whether or not you should drop out of school to launch a startup to how to network. Read More

  • Facebook Sets Revenue Per User Records Around The World In Q2

    Facebook Sets Revenue Per User Records Around The World In Q2

    Facebook just turned in a very strong quarter, with its revenue and earnings per share both beating analyst expectations. The company reported sequential-quarter user figures that were soft, but Facebook’s stock is now in the green after-hours. Driving its strong financial performance in the period was high average revenue per user, or ARPU. Facebook set records around the world for how… Read More

  • New Infosys CEO Vishal Sikka Prepares To Take The Helm

    New Infosys CEO Vishal Sikka Prepares To Take The Helm

    It’s been a whirlwind few months for Vishal Sikka. It began when he suddenly left his job as executive and head of products at SAP at the beginning of May and it has continued as he prepares to take the helm at Infosys on August 1st. When I spoke to him at the end of May, just ahead of the SAP Sapphire Conference,  he seemed at peace with his decision to leave SAP in spite of the… Read More

  • Facebook Beats In Q2 With $2.91 Billion In Revenue, 62% Of Ad Revenue From Mobile, 1.32B Users

    Facebook Beats In Q2 With $2.91 Billion In Revenue, 62% Of Ad Revenue From Mobile, 1.32B Users

    Facebook’s earnings beat projections for the 8th quarter straight with $2.91B in revenue and $0.42EPS in Q2 2014. The service is growing about twice as fast on mobile compared to its services as a whole. Facebook now has 1.07 billion mobile monthly users, and 654 million daily mobile users. That helped it bring in 62% of its ad revenue from mobile. In total, Facebook now has 1.32… Read More

  • Uber Launches On Windows Phone, Dozens Of Seattle Users Rejoice

    Uber Launches On Windows Phone, Dozens Of Seattle Users Rejoice

    Uber is pretty much everywhere these days, as its on-demand ride service is available in more than 150 cities in 40 countries around the world. But until today, there was one place you couldn’t find Uber — on Windows Phones. It changed that today with a native Windows Phone app. Read More