Tag Archives: Boost

Instacart hires Instagram manager to boost growth
November 21, 2018 12:00 am|Comments (0)

SAN FRANCISCO (Reuters) – Instacart said on Tuesday it hired Bangaly Kaba as vice president of growth from Facebook Inc’s Instagram as the grocery delivery startup tries to make itself a household name.

Kaba, who had been with Facebook since 2014, said in a statement to Reuters that his team helped double Instagram’s monthly users to more than 1 billion in about two years, and he saw the opportunity for similar growth at Instacart.

“While the two ‘Instas’ are inherently different products, I see the same growth potential in Instacart that I saw in Instagram’s early days,” he said.

As part of Instacart’s product organization, Kaba’s unit will be focused on attracting customers and turning them into paying members of a grocery service that competes with Amazon.com Inc and several boutique players to bring online grocery orders direct to Americans’ doorsteps.

Instacart’s previous growth chief left in September.

The company raised $ 871 million from investors, including U.S. hedge fund Tiger Global Management, in recent weeks, valuing the startup at nearly $ 7.9 billion.

Reporting by Paresh Dave; Editing by Dan Grebler

Tech

Posted in: Cloud Computing|Tags: , , , , ,
Broadcom sees fourth-quarter boost from data center demand, iPhone launch
September 7, 2018 12:00 am|Comments (0)

(Reuters) – Broadcom Inc (AVGO.O) on Thursday forecast current-quarter revenue largely above estimates on higher demand for components that power data centers, while the launch of Apple Inc’s new iPhones is expected to bolster its wireless business.

A sign to the campus offices of chip maker Broadcom Ltd is shown in Irvine, California, U.S., November 6, 2017. REUTERS/Mike Blake/File Photo

Shares of Broadcom rose 4 percent to $ 224.90 in extended trading after the chipmaker also reported third-quarter profit that topped analysts’ estimates.

Revenue from enterprise storage business jumped 70 percent in the reported quarter as the acquisition of Brocade helped drive sales gains at the unit.

Its wireless business, which makes chips for Wi-Fi, Bluetooth, and GPS connectivity, reported flat revenue, while its wired infrastructure unit, which makes components used in telecommunication networks, posted a 4 percent rise from a year earlier.

“More than half our consolidated revenue … is benefiting from strong cloud and enterprise data center spending,” Chief Executive Officer Hock Tan said on a post-earnings call with analysts.

“This, coupled with a seasonal uptick in wireless, will drive our forecast revenue in the fourth quarter.”

The company expects a ramp at its North American customer – which analysts identified as Apple – to drive a 25 percent rise in wireless revenue from the previous quarter, although it may be down in single-digit percentage compared with a year earlier.

Apple (AAPL.O) is set to unveil its new iPhones next week.

Tan, who has transformed Broadcom into a $ 100 billion behemoth through a series of acquisitions, surprised Wall Street in July with his move to acquire software maker CA Technologies for $ 19 billion.

Explaining his rationale behind the CA acquisition, Tan said he planned to target the company’s enterprise customers with Broadcom’s offerings including server and storage connectivity products.

The CA deal comes after U.S. President Donald Trump blocked Broadcom’s $ 117 billion offer to buy Qualcomm Inc (QCOM.O) on national security grounds.

Broadcom forecast current-quarter revenue of about $ 5.40 billion, plus or minus $ 75 million. Analysts on average were expecting revenue of $ 5.35 billion, according to Thomson Reuters I/B/E/S.

Net income attributable to common stock rose to $ 1.2 billion, or $ 2.71 per share, in the quarter ended Aug. 5 from $ 481 million, or $ 1.14 per share, a year earlier.

Excluding items, the company earned $ 4.98 per share.

Net revenue rose to $ 5.06 billion from $ 4.46 billion.

Analysts on average were expecting earnings of $ 4.83 per share on revenue of $ 5.07 billion.

Reporting by Sonam Rai and Sayanti Chakraborty in Bengaluru; Editing by Anil D’Silva

Tech

Posted in: Cloud Computing|Tags: , , , , , , , , ,
Sears Stock Rallies After Amazon Deal Gives Its Stores a Surprise Boost
August 30, 2018 12:00 am|Comments (0)

The summer of 2018 has been another tough period for Sears, but there’s one thing that has reliably helped lift the retailer’s share price: Amazon.

On Tuesday, Sears Holdings announced that it’s expanding a pilot program with Amazon to install and balance automobile tires that consumers buy through Amazon. Under the partnership, Amazon shoppers who buy tires, including the Die-Hard brand made by Sears, can ship the tires to a nearby Sears Auto Center for installation.

Amazon also offers similar ship-to-store programs with, for example, local bike shops. In May, when Sears announced it would service tires bought on Amazon, its shares shot up 38% during the following week.

Sears’ stock more than gave up those gains in June, however, after the company said sales fell 31% in its most-recent quarter and announced it would close 72 more stores. That was on top of hundreds of stores that Sears had closed in the previous couple of years. Last week, Sears said it would close yet another 46 stores, dragging its share price down even further to a record low of $ 1.08 a share.

News that Amazon and Sears were expanding the ship-to-store program from 47 initial stores to all Sears Auto Centers in the U.S. offered Sears a reprieve from the weeks of a declining share price. Sears shares surged as much as 23% to $ 1.37 a share Tuesday. While Sears’ stock price drifted down Wednesday, they were trading about 3% higher in afterhours trading at $ 1.26 a share.

Sears has been undergoing a long, painful restructuring for several years, with the stock now down 96% from its high point in 2013. Sears, K-Mart, and other onetime powerful retail brands have been struggling in the era of Amazon retailing. Amazon, meanwhile, has been working with brick-and-mortar retailers, including partnerships with Sears and Kohl’s and the purchase of Whole Foods Market.

Tech

Posted in: Cloud Computing|Tags: , , , , , , , , ,
Google Drive Search Gets a Natural Language Boost, More News
October 19, 2016 8:35 am|Comments (0)

Google is bringing the powerful natural language processing (NLP) technology that underlies its search engine to Google Drive. In a blog post announcing the move  this week, Josh Smith, product manager at Google Drive, described NLP as a fancy way of saying “search like you talk.

Continue reading…
Cloud Computing

Posted in: Web Hosting News|Tags: , , , , , , , ,
Google Drive Search Gets a Natural Language Boost, More News
October 6, 2016 4:10 pm|Comments (0)

Google is bringing the powerful natural language processing (NLP) technology that underlies its search engine to Google Drive. In a blog post announcing the move  this week, Josh Smith, product manager at Google Drive, described NLP as a fancy way of saying “search like you talk.

Continue reading…
Cloud Computing


RSS-4

Posted in: Web Hosting News|Tags: , , , , , , , ,
Google Drive Search Gets a Natural Language Boost, More News
October 6, 2016 2:55 am|Comments (0)

Google is bringing the powerful natural language processing (NLP) technology that underlies its search engine to Google Drive. In a blog post announcing the move  this week, Josh Smith, product manager at Google Drive, described NLP as a fancy way of saying “search like you talk.

Continue reading…
Cloud Computing

RSS-5


RSS-4

Posted in: Web Hosting News|Tags: , , , , , , , ,
Online gaming may boost school scores. Social media? Not so much.
August 13, 2016 6:45 pm|Comments (0)

Https%3a%2f%2fblueprint-api-production.s3.amazonaws.com%2fuploads%2fcard%2fimage%2f171347%2facd8ee4ac7654b79a420ed3ec800f9a2

Feed-twFeed-fb

If you or your kids are avid gamers, here’s some good news: All that strategising may have a beneficial impact on school results. Whether regular Facebook use is a drag on one’s English test scores — that’s another question.

A study conducted by Alberto Posso, a professor at Australia’s RMIT University, found that teenagers who played online video games regularly were often able to improve their school scores. 

Students who were daily social media users, however, tended to under perform in maths, reading and science. “The results suggest that a student who uses online social networks on a daily basis will also obtain a grade in math that is 20 points lower than a student who never uses this type of social media,” Posso said in the report. Read more…

More about Social Media, Science, School, Online Gaming, and Australia


Uncategorized

Posted in: Web Hosting News|Tags: , , , , , , ,
Email Marketing Gets a Boost From … Louis CK?
July 13, 2016 5:50 pm|Comments (0)

Email Marketing Gets a Boost From ... Louis CK?

Pundits have been proclaiming the decline of email marketing ever since social media started picking up steam.  Then late last year, the predictions came in about a resurgence of email marketing in 2016  — and Louis CK is just one example of how those predictions were dead on.

Continue reading…
Cloud Computing

Posted in: Web Hosting News|Tags: , , , , ,
DHS working with FedRAMP, CIO Council to boost agency use of cloud computing services
October 15, 2015 8:35 pm|Comments (0)

22 that the department is stepping up efforts to help federal civilian agencies increase their use of cloud computing services beyond just email and …


RSS-4

Posted in: Web Hosting News|Tags: , , , , , , ,