John Furrier
Latest from John Furrier
Super Bowl 2012 or Social Bowl 2012? Social Means Business for the World’s Largest Brands.
Super Bowl time is here! Is it a football game or a social event? Brady or Manning? Pats or Giants? Who will win? Some people say who cares…I’m all about the party and the Super Bowl ads. Clearly, large global brands have decided that social means business, and the Super Bowl will become the Social ...
Facebook IPO is Filed – It’s Official – Billions in Revenue and Profit
Facebook has filed for it’s initial public offering – link to S1 here. Facebook filing shows massive revenue in 2011 of $3 billion with net income of $1 billion. At the end of 2011 they had just a hair under $4 billion in the bank. Not too shabby for Facebook. See my coverage here and ...
Facebook Filing Tomorrow for $5 Billion IPO not $10 Billion – Morgan Stanley Leads IPO
Facebook is expected to file their IPO paperwork tomorrow with authorities for a $5 billion initial public offering. The social network founded by Mark Zuckerberg in 2004, has chosen Morgan Stanley as the lead underwriter with four others playing a role. Others include Goldman Sacks, Bank of America Merrill Lynch, Barclays, and JP Morgan. Facebook ...
Juniper Networks Disappoints – Margins Under Pressure
Juniper Networks disappointed the market yesterday. Their stock fell as much as 9.3 percent in late trading after they announced their 1st qtr earnings. According to Businessweek report yesterday, Juniper is losing customers fast to Juniper. “The disappointment continues at Juniper,” Makris said in an interview. The New York-based analyst has a “neutral” rating on ...
Why Networks Matter in Big Data and Cloud
{Guest Post from Raj Kanaya, CEO of Infineta.} We live in an age during which information has become a key resource. Collectively, we have spent the last two decades digitizing and storing vast volumes of data, the amount of which is now estimated to total 1.8 zettabytes (1.8 trillion gigabytes) a 9x jump in just ...
Amazon Cuts Out the Middleman: Launches its Own Cloud Storage Gateway
In a move that was expected by some and feared by others, Amazon today announced its own AWS Storage Gateway, which immediately calls into question the long-term validity of the business models for standalone cloud gateway vendors. Following the implosion of Cirtas in April of last year, cloud gateway vendors have basically positioned themselves as ...
Breaking News: Mark Lewis Head of EMC Ventures and Strategy Quits EMC Pat Gelsinger Takes Over
I have confirmed that Mark Lewis, a long-time EMC executive has left the company. Mark Lewis was running EMC Ventures in Palo Alto and has stepped down to pursue an operating role at another company but not EMC according to a source at EMC. EMC Ventures has been on fire on the west coast with ...
Yahoo Founder Jerry Yang Quits Yahoo – End of An Era Again
Jerry Yang stepped down from the board of Yahoo and severed all ties with Yahoo the company that he founded. As the young Facebook founder Mark Zuckerberg rises taller everyday, the legend Jerry Yang sails into the sunset. This must be painful for Jerry since Yahoo could have bought Facebook for $700m only a few ...
Millennial Media Overtakes Apple in Mobile Ad Sales
Wall Street Journal is reporting that Apple has lost the #2 market position in mobile ad sales to Millennial Media – the largest independent and now #2 in mobile ad sales. Bloomberg is also reporting the story. Last year according to IDC data, Apple shared the top spot in the mobile display ad market with ...
Breaking: HP to Open Source WebOS – Code Base and Continued Investment – A Good Move
HP CEO Meg Whitman is announcing that HP has officially open sourced WebOS. HP will contribute all the WebOS code base, Enyo framework, and continued investment into the WebOS technology platform. HP still has to make a decision on which approach to take. The Sun Microsystem approach (top down – corporate focused) or that of ...