Salesforce.com met analyst expectations for its first quarter with non-GAAP earnings per share of 10 cents. Total first quarter revenues were $893 million, an increase of 28 percent on a year-over-year basis.
Subscription and support revenues were $842 million, an increase of 29% on a year-over-year basis. Professional services and other revenues were $50 million, an increase of 25%.
Pandora has had a busy quarter. In March, the social radio company saw its long-time CEO Joe Kennedy abruptly step dow , leaving the board to scramble to find a replacement. On the bright side, Kennedy’s exit, while likely a result of stress, followed relatively good times for Pandora. And it’s continued to push forward since.
Pandora launched an ad-free version for Windows 8 in March, surpassed 200 million users (with over 140 million accessing Pandora via mobile) in April, then launched a “Premieres” station for U.S. users and deepened its Facebook integration with a new Timeline App.
Today, Pandora’s first quarter earnings reflected this flurry of activity, as the company saw GAAP total revenue increase 97 percent year-over-year to $83.9 million (with non-GAAP mobile revenue of $86.7 million), which outpaced mobile listener hour growth at 47 percent year over year. Meanwhile, total revenue came in at $125.5 million, representing 55 percent year-over-year growth and non-GAAP total revenue of $128.5 million.
Postmates is looking to expand its business and make mobile, on-demand deliveries a widespread thing throughout cities around the country — that we already know. The company has been operating in San Francisco for a while, and launched in Seattle about three months ago. But where will it land next?
All signs point to New York City.
Postmates has a mobile app that allows customers to get food from restaurants, groceries and even goods from retailers like the Apple Store or Nordstrom delivered within an hour for a low, fixed price. Thanks to a little scouring of the Internet and some clues that the company has left behind (as well as a photo from a local hipster tipster), we have reason to believe that the Big Apple will be the next city to have delicious lunches (or anything, really) delivered with just a few clicks of the Postmates mobile app.
A new bulletin from the U.S. Department of Homeland Security warns that lethal, undetectable 3D-printed firearms may be “impossible” to contain, Fox News reports After a Texas law student designed and released digital blueprints for the world’s first fully printable gun, the files have allegedly been downloaded more than 100,000 times, despite a domestic ban on distributing the files from the U.S. State Department.
“Significant advances in three-dimensional (3D) printing capabilities, availability of free digital 3D printer files for firearms components, and difficulty regulating file sharing may present public safety risks from unqualified gun seekers who obtain or manufacture 3D printed guns,” reads a May 21 bulletin from the Joint Regional Intelligence Center obtained by Fox News. “Limiting access may be impossible.”
Google almost completely revamped the Google+ photo experience last week, but somehow the company didn’t get around to announcing one of the coolest photo-related features in its repertoire yet: Google now uses computer vision and machine learning to let you search your own photos for things like sunsets, food and flowers. I also tried terms like “cars,” “beach” and “bikes” and Google consistently returned the right results. This search is built into Google+, but you can also use the regular Google search and use the query term [my photos of xyz] to find the right images.
That’s a huge step forward for photo search in Google. As Google rightly notes, “searching for your photos can be challenging because the information you’re looking for is visual.” I know I’m anything but diligent about tagging my photos, so this new search feature actually allowed me to find random images I had uploaded to Picasa Web a long time ago.
As Google’s Vic Gundotra noted when he announced the new features for Google+ Photos at I/O last week, Google wants to help its users manage their photos. “Organizing photos is often a hassle,” he said, but oddly enough, the company didn’t announce this search feature at I/O and instead waited a week before launching it.
Lambda Labs, an early stage startup out of San Francisco, is preparing to release a facial recognition API for developers working on Google Glass apps. The API will be available to interested developers within a week, company co-founder Stephen Balaban says. The move comes on the heels of a Congressional inquiry into Google’s new wearable technology, still very much in the prototype phase.
The startup’s facial recognition API, launched into beta last year, is already used by 1,000 developers, including several major international firms. It now sees over 5 million API calls per month, and is growing at 15 percent month-over-month. Balaban also says that the company has been cash flow positive since November.
Now that same API has been tailored specifically for Google Glass Apps to enable both facial and object recognition.
Former Badoo COO and ex-Googler Ben Ling has joined Khosla Ventures, according to sources. Ling, who has held senior operations roles for a number of big companies in the mobile and Internet space, has been added to a growing team at Vinod Khosla’s venture firm. (Update: Khosla Ventures just confirmed Ling has joined, starting this week.)
Ling most recently served as COO of Badoo, where he was hired to oversee product, engineering, partnerships, and business operations at the company. Ling joined Badoo in May 2012, but he left after only about six months.
Prior to Badoo, Ling spent a number of years at Google, where his last role included overseeing images, videos, books, news, and finance as its senior director of search products and local business products. At YouTube, Ling was senior director of partnerships and platform, where he was responsible for music, movies, sports and news, as well as mobile, TV and API partnerships. In his first role at Google, he oversaw the company’s e-commerce products, including Google Checkout and Product Search.
This isn’t exactly the launch of Google Now for the desktop, which many of us have been patiently waiting for, but Google today announced that it is bringing a richer notifications experience to Chrome, starting with the latest beta. This definitely feels like it brings Google Now yet another step closer to the desktop.
These new notifications, which developers can easily add to their own Chrome packaged apps and extensions, will pop up outside of the browser window and live in a center outside of the browser, so users will be able to receive notifications, even if the browser is not open.
This feature is now available for Windows and Chrome OS users. Google says it’s coming to OS X and Linux “soon.”
Score one for technology: Doctors 3D-printed an emergency airway tube that saved a 20-month old baby boy’s life. After imaging the boy’s faulty windpipe, doctors at the C.S. Mot Children’s Hospital printed 100 tiny tubes and laser-stitched them together over the trachea (video below).
“Quite a few of the doctors said that he had a good chance of not leaving the hospital alive,” said the mother of the baby boy, who suffered from a severe version of tracheobronchomalacia, causing his bronchus to collapse.
Desperate for a solution, the doctors obtained emergency clearance from the Food and Drug Administration to surgically sew the 3D-printed splint on the child’s airway. “It was amazing. As soon as the splint was put in, the lungs started going up and down for the first time and we knew he was going to be OK,” said Michigan University Professor Dr. Glenn Green, who came up with save-saving solution, with his partner Dr. Scott Hollister.
Today a TechStars-backed company is launching out of private beta and into the App Store in an attempt to bring the Utopian notion of a barterer’s lifestyle to fruition. Bondsy, founded by a long-haired, bearded, and Brazilian Diego Zambrano, lets users trade anything they own for anything their network has to offer.
Yet, unlike Zaarly, TaskRabbit, or other peer-to-peer marketplaces, Bondsy tries to take the focus away from money, and place the real value of the service on the experiences shared.
When you first sign up, you’re asked to give permissions to Twitter and Facebook and you instantly dive into a stream of your friends’ trade-worthy items. These can be things like tickets, an old bicycle, access to your home while you’re away for the week, herbs from your garden, or really anything you’re looking to get rid of.
