In the last 30 to 45 minutes of a long two-hour keynote session, Bear Douglas and Romain Huet took the stage to undertake a pretty complex task: build not one, but two iOS apps right then and there. For them, the mission was simple: show the more than 1,500 developers in the room and those watching the livestream
that it was possible to create apps easily using its solutions and partner providers.
But the two developer advocates certainly had their work cut out for them following a public apology from their boss
, chief executive Jack Dorsey, over the type of relationships that has existed with developers over the past few years. Over the years, some in the developer community have turned their backs on Twitter amid concerns that they’re not being treated like partners, but rather second-class citizens.
It’s Douglas’ job to not only be one of the faces
Continue reading "Here’s Twitter’s argument for why developers should give it a second chance"
Amazon today provided new information about robots working inside of its facilities. The e-commerce company now has 30,000 Kiva robots working in its fulfillment centers, an executive said during Amazon’s quarterly call with investors
That number is up from 15,000 at the end of 2014, said the executive, Phil Hardin, Amazon’s director of investor relations.
“Capital intensity is offset by their density and throughput, so it’s a bit of an investment that has implications for a lot of elements of our cost structure, but we’re happy with Kiva,” Hardin said. “We think it’s a great pairing of our associates with Kiva robots that do some of the hauling of products within the warehouses. It has been a great innovation for us, and we think it makes the warehouse jobs better, and we think it makes our warehouses more effective.”
This is all kinds of interesting. It likely helps
Continue reading "Amazon has doubled the number of robots in its warehouses to 30,000"
Several research reports this month have pointed out that Google’s display ad business is growing far more slowly than Facebook’s.
Most recently, IgnitionOne’s Q3 Digital Marketing Report
said that Google’s display business dropped 19 percent from last year’s third quarter to this year’s, while Facebook’s share of display advertising spend increased by 40 percent.
In short, the reason Facebook display ads are growing faster than Google’s is that Facebook has been able to “clone” audiences of people who have already bought the advertiser’s product.
With Facebook’s Custom Audiences
product, advertisers upload a list of their existing customers from their CRM, then Facebook goes out and finds people with the same demographic and social characteristics. Facebook then delivers ads for the relevant products to these users’ desktop or mobile devices.
This strategy has resulted in far higher click-through rates for advertisers.
“Facebook has been gaining against Google because it is able to
Continue reading "Why Google is getting schooled by Facebook in display ads, and what it’s doing about it"
Amazon set the standard for online retail in an unsettling way. Following Amazon’s model, the way to dominate market share is by posting a loss … over and over again. Amazon didn’t actually make a profit until 2009 after being in business for 15 years.
Online-only retailer Jet jumped onto the scene in July and is the fresh face of loss leadership in online retail after dropping its $50 subscription fee, the only source of its originally planned profits.
So why is everyone up in arms about Walmart’s recent announcement that it’s expecting lackluster returns for the next two years? Last week, Walmart CEO Doug McMillon announced that the mega-retailer would be investing heavily in eCommerce as well as employee wages. This is expected to take a large chunk out of its profits and has retail experts shaking in their boots.
Is it the end of an era or
Continue reading "Walmart gets it: Losses are an e-commerce right of passage"
Microsoft didn’t say how many Xbox 360s and Xbox Ones it sold last quarter, but it does point out that its online-gaming service is growing.
Xbox Live now has 39 million monthly active gamers, according to Microsoft’s quarterly financial report
. That’s up 28 percent year-over-year, but this number also doesn’t really tell the whole story. Clearly, this means that Microsoft has 39 million people logging onto Live, but it doesn’t indicate in any way how many of those are paying Gold members. It did say that Live’s revenues were up 17 percent and game revenue climbed 66 percent thanks to Minecraft.
Another thing that Microsoft didn’t mention is how many Xbox systems it sold. Normally, during the company’s quarterly report, it’ll mention how many Xbox One and Xbox 360 systems it has sold. For example, back in July, we wrote
that Microsoft sold 1.4 million Xbox consoles during the
Continue reading "Xbox Live grows to 39M active gamers — but Xbox hardware sales down 17%"
Today Alphabet, the umbrella company which owns Google, Nest, and all of Google’s money-eating “moonshot” experiments, announced plans to buy back more than $5 billon
— specifically $5,099,019,513.59 — in stock. That’s roughly one percent of Google’s $451.3 billion market cap.
This isn’t all that surprising. Alphabet CFO Ruth Porat hinted last quarter that the company wasn’t opposed to returning some of its cash to shareholders. Now it’s actually happening.
This announcement is one of many factors driving Alphabet’s stock price up as high as 12 percent during after-hours trading today, in addition to the company’s stronger-than-expected earnings results.
For more on Google’s first quarter under Alphabet, technically the company’s third fiscal quarter, head here