According to a ReportsnReports research report, the global enterprise social software market is projected to grow 11.3% annually from $4.77 billion in 2014 to $8.14 billion in 2019. However, ever since it went public in December 2011, enterprise social software provider Jive Software (NASDAQ: JIVE) has seen its valuation dwindle from $1.5 billion to around $300 million and its status has been degraded from a Billion Dollar Unicorn to a unicorpse*. >>>
Baidu (NASDAQ: BIDU) has been struggling in recent quarters due to regulatory pressure. The company, however, has been moving beyond search to other areas like online video and autonomous cars, and its latest venture is into Augmented Reality (AR). >>>
According to recent reports on the cloud services, global spending on public cloud Infrastructure as a Service hardware and software is estimated to grow to $38 billion in 2016 and the market is estimated to grow to $173 billion in 2026. The Software as a Service (SaaS) and Platform as a Service (PaaS) parts of cloud hardware and infrastructure software spending are estimated to grow to $12 billion this year and will grow to $55 billion by the year 2026. Another report by IDC estimates that by 2020, penetration of SaaS versus traditional software deployment will be more than 25% and packaged software consumption in enterprise segment will shrink to 10% of new installations. Most cloud companies are therefore switching gears to address this rapidly expanding market. >>>
After a disappointing quarter to start the year with, Alphabet (Nasdaq: GOOG) appears to have got its groove back. The company’s recently reported results helped push the stock to a record high. And with its continued investment in the Cloud and Video, Alphabet’s growth won’t end soon.
It sounds like a broken record when it comes to Amazon’s (Nasdaq: AMZN) earnings. The company delivered another stellar quarter that even recorded its biggest profits ever. And most of it is thanks to the cloud.
A report by eMarketer released earlier this year expects US Digital Video ad spend to grow from $7.46 billion in 2015 to $9.59 billion in 2016. The market is projected to be worth $14.77 billion by the year 2019 with mobile accounting for $6.82 billion of the share. Social networking giant Facebook (Nasdaq: FB) has already captured the world of mobile advertising and is now looking to become the giant in video advertising as well.
Twitter’s (NYSE: TWTR) quarterly performance sounds like a broken record. Quarter after quarter, the social media company has failed to meet expectations. Earlier this week, it reported its latest quarter’s results and it was the slowest quarterly revenue growth since it went public.
Apple (NASDAQ: AAPL) was expected to report a bleak quarter due to the continuing slump in iPhone sales. It was not just iPhones, though. iPad and Mac sales have also declined. It is time Apple made a big move. >>>
Yahoo (Nasdaq: YHOO) finally seems to have found a buyer for its core assets. After years of trying to recover lost ground, earlier this year, the company had decided to sell off its core assets. It has finally found a willing buyer in Verizon. Yesterday, Verizon agreed to buy Yahoo for $4.83 billion, making it probably the best news for Yahoo in a while.
For some time now, eBay’s users have been a disgruntled lot. It has a poor feedback management system and there are issues in search and discoverability. eBay (NASDAQ: EBAY) is now focusing on improving these organically and through acquisitions. >>>