“The roughly 60 or so publicly traded software companies hold more than $380B in cash and short term investments on their balance sheets. Though Microsoft, Google, Cisco and Oracle possess 75% of that cash, 14 other companies have cash reserves of greater than $500M.”
“Just looking at the stats for The Verge, our mobile traffic is up 70 percent from last year, while desktop traffic is up only 11 percent.”
Well, this is a problem:
But Gigaom’s research business had actually become a significant drag on the company. While it had started out as a “pro” subscription business charging individuals as much as $299 a year, after a couple of pivots, the company’s research arm was now focused on creating custom whitepapers and other products, like Webinars, for corporate clients. While that group booked $8 million in business last year, it wasn’t profitable. That was partly due to high sales and product costs and but also because some of that $8 million never materialized as the company didn’t create the work it was supposed to.
As reported in one of the more in-depth pieces in GigaOm over at re/code.
The advertisements will be a little bigger, too, and my advice is for you not to complain, but to engage with our sponsors, who pay the bills around this joint and who make our strategic, tactical, and technical material possible.
I’m a fan of everything TPM writes, he’s excellent and his coverage is always deep and timely. The Four Hundred/IT Jungle is about the best place for keeping up with IBM news. You can skip the AS/400 stuff and just read then general IBM news. Also, Enterprise Tech is a similarly excellent approach to general infrastructure concerns.
This episode is pretty un-representative of the show, but here’s the feed for the podcast if you’re interested in subscribing. And, there’s a video if you prefer that kind of thing.
For electronic recipients of Computergram International the last story is a little difficult. The nearest this electronic sub editor can get is to ask you to imagine the Old Spice advert, except that rather than a muscular antipodean on a surf board, you should imagine a muscular antipodean on an 80286 upgrade board. For those who cannot allow their imagination to extend this far, refer to the hardcopy C.I. or the Hypertec Pty press release (enough said).
We’ll see how much they get funded for and then wheel back on the multiple. Revenue here:
The AllThingsD business brings in roughly $12 million in annual revenue for News Corp and is modestly profitable, according to people familiar with those books.
With autumn, we begin the new round of tech announcements, the way Detroit used to announce next year’s car models. What you should look for is how the old guard adapts to the cloud, and how the new guys aim to consolidate disparate offerings and win trust.
Titles are an enticement to read a post. It’s how we inform ourselves these days. Often you ask somebody, “Did you see that article on Google buying so and so?” and the response will be, “no, but I read the headline.”
We inform ourselves through headlines. And so it should be. There is too much information to follow otherwise.