Last October, Microsoft invested $240 million in Facebook, suddenly placing Facebook’s value at a lofty $15 billion. Now, we see that revenues for 2007 came to around $150 million, while expenses still leave the company with a negative cash flow that could be as high as $150 million next year.
Microsoft’s recent move to acquire Yahoo!, which began with a telephone call from Microsoft CEO Steven A. Ballmer to Yahoo! CEO Jerry Yang (a call that Ballmer later claimed was “definitely not a courtesy call”) prompted us to revisit the Facebook/Microsoft relationship - what it means for Facebook, and what Microsoft might have been thinking last Fall.
As Facebook moves to launch versions in Spanish, with more languages coming soon, analysts are looking again at the juggernaut, guessing about whether breaking into languages will erode its power as a single network around the world. Meanwhile, widgets and applications continue to proliferate, and Microsoft’s role in aiding advertising at Facebook continues to be a work in progress.
Forrester Research senior analyst (and former host of PodTech’s own Web Strategy show) Jeremiah Owyang speaks with PodTech’s Jason Lopez about Facebook’s evolving business.
Atlassian builds enterprise wikis and is white hot. Today at the Web 2.0 Summit Microsoft’s CEO, Steve Ballmer, will announce that it is partnering with Atlassian, who is building a Sharepoint connector so that Sharepoint customers can use Atlassian’s wiki. This is pretty significant news and here Jeffrey Walker, ...
SAN FRANCISCO, December 1, 2006 (PodTech News) — At long last, Microsoft has launched its Vista operating system for businesses. Microsoft CEO Steve Ballmer called it the biggest launch in the company’s history. It could have been even bigger, though - the other shoe drops at the end ...
VC investments show no signs of slowing down in India. Two companies - Carzonrent India and Tejas Networks received funding in the past week.
It’s just not IT and services companies that are in investor’s radar - hospitality and travel sector in India have also received a fair chunk ...
Steve Ballmer, spoke at the UTC Hall of Fame, where Dr. Jim Kajiya of Microsoft Research was an inductee. Steve spoke about what the technology world will look like over the next ten years, how Microsoft keeps their competitive edge and the philosophy that drives them to ...
Microsoft CEO Steve Ballmer made sure no one would miss his point that Microsoft has been, is now, and will continue to be dogged in everything it does. Even if, as Ballmer said, “we don’t always get it right on the first try.”
Microsoft CEO Steve Ballmer was interviewed by two tough VPs from research firm Gartner, Inc. at Gartner’s Symposium and ITxpo at the Dolphin Hotel in Orlando Florida October 10th. In the so-called “Mastermind Interview”, Ballmer fielded questions that ranged from lessons learned from the long Vista delay to how ...
With over 3,200 technology and 500 life science companies in the state, and 8% year-over-year growth, Utah leads the western states region in creating and sustaining these companies. Richard Nelson, president and CEO of the Utah Technology council (formerly UITA) shares his observations about the Utah business climate, the accomplishments ...
PodTech is on the scene in San Francisco at an exclusive press briefing announcing their new brand – vPro. On stage Intel’s CEO Paul Otellini introduces the new brand with support from Symantec, EDS, and remote from Steve Ballmer from Microsoft. Expect big support from the leading software ...
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