Techmeme

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David Faber / CNBC:
Sources: Microsoft offered to pay $55B for Salesforce, but Marc Benioff wanted $70B; talks ended in early May   —  Microsoft, Salesforce talks fizzled over price: Sources  —  Microsoft and Salesforce.com had significant talks earlier this spring about a purchase of Salesforce by Microsoft …
May 22, 2015, 1:37 PMIn context
Jacob Pramuk / CNBC:
Salesforce slightly beats Q1 expectations with $0.16 EPS on revenue of $1.51B, stock rises more than 3% in after-hours trading   —  Salesforce.com earnings: 16 cents per share, vs expected EPS of 14 cents  —  Salesforce.com reported slightly better-than-expected quarterly earnings and revenue on Wednesday.
May 20, 2015, 4:45 PMIn context
Fred Imbert / CNBC:
AOL stock up more than 18% on news that Verizon is acquiring the company for $4.4B   —  Verizon to buy AOL for $4.4 billion  —  Telecom giant Verizon announced Tuesday it will be buying AOL for $50 per share, or about $4.4 billion.  —  The transaction will take the form of a tender offer followed …
May 12, 2015, 7:04 AMIn context
Reem Nasr / CNBC:
Zynga beats estimates with Q1 loss of $0.01/share on revenue of $167M; shares up over 7% in after-hour trading   —  Zynga shares spike on restructuring news  —  CNBC's Morgan Brennan reports on the new CEO of Zynga and why he's back at the company.  —  Zynga reported an earnings beat …
May 6, 2015, 5:15 PMIn context
Jacob Pramuk / CNBC:
Spotify raises $350M at $8B valuation: Sources   —  Music streaming service Spotify raised $350 million in a new funding round, sources told CNBC.  Before the recently raised cash, the company was valued at $8 billion.  (Tweet this) Goldman Sachs' institutional clients took part in the fundraising, sources added.
May 1, 2015, 11:55 AMIn context
Reem Nasr / CNBC:
LinkedIn plunges 27% after hours on lower outlook after reporting Q1 revenue of $638M   —  LinkedIn shares down 17 percent after weak outlook  —  Shares of LinkedIn plunged after the company released lowered guidance for the year.  The company reported earnings per share of 57 cents …
Apr 30, 2015, 4:35 PMIn context
CNBC:
Twitter shares close down 18% on Q1 revenue of $436M that missed expectations, and weak forecast   —  Twitter closes 18% lower on disappointing report  —  Twitter's earnings came out early, and the stock halted for trading.  CNBC's Mary Thompson reports on the first trade as the stock resumed trading.
Apr 28, 2015, 4:20 PMIn context
Everett Rosenfeld / CNBC:
Apple blames internal DNS error for widespread outages on App Store, iTunes Store, more   —  Apple: Services back after major outage  —  Apple has made a statement in regards to a server outage, with CNBC's Josh Lipton.  —  Several Apple services, including iTunes and the App Store …
Mar 11, 2015, 2:00 PMIn context
Jacob Pramuk / CNBC:
Cisco reports $0.53 EPS on $11.94B revenue for Q2, beating analyst estimates for both   —  Cisco shares rise after EPS, revenue beat  —  Shares were up nearly 2 percent in extended trading after the company beat Wall Street expectations for earnings and revenue.
Feb 11, 2015, 5:40 PMIn context
JeeYeon Park / CNBC:
Pandora plunges more than 20% after missing estimates with $268M in revenue   —  Pandora plunges more than 20% on revenue miss  —  Pandora plunged sharply after the music streaming company on Thursday reported quarterly revenue that widely missed expectations as mobile advertising growth slowed.
Feb 5, 2015, 4:26 PMIn context

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