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Accenture misses Q3 revenue, Q4 outlook targets

Accenture turned in a less-than-desired quarterly earnings report after the bell on Thursday. The tech services firm reported a third fiscal quarter net income of $810.3 million, or $1.25 a share (statement). Non-GAAP earnings were $1.14 cents a share (excluding a benefit related to reorganization liabilities) on a revenue of $7.2 billion. Wall Street was… Read more →

Larry Ellison and Marc Benioff: A cloud bromance for the ages

Oracle CEO Larry Ellison and Salesforce CEO Marc Benioff, two tech luminaries who have had a history of highly publicized barbs, held a conference call to explain the companies’ recent strategic partnership. You could almost see the doves being let loose and Lionel Ritchie’s “Endless Love” playing in the background. Yes kids, Ellison and Benioff… Read more →

How we can create open standards for social business

Open standards have long been a major boon to information technology users because of the many benefits they confer: Interchangability, economies of scale, interoperability, efficiency, open markets, and avoidance of lock-in. The list goes on and has led to countless success stories and even the creation of entire industries.  Not coincidentally, open standards have also… Read more →

Square poaches Facebook’s product director for ads

Photo courtesy Merus Capital Square, the mobile commerce company co-founded by Twitter’s Jack Dorsey, announced this afternoon that it hired Gokul Rajaram, Facebook’s former Product Director of Ads. Rajaram will serve as the younger startup’sProduct Engineering Lead, leading software development for Square Register, the company’s point-of-sale system for businesses. “I’m thrilled to join the team… Read more →

MasterCard taps open source tech for new SMB e-commerce tool

MasterCard is tapping into the open source crazy with the debut of its new e-commerce solution for small businesses. See also: MasterCard brings mobile payment to Taiwan | Square launches Market; leaps into e-commerce Simplify Commerce is designed to be as a channel for merchants to accept both e-commerce and mobile payments regardless of the payment… Read more → launches new ‘Featured Probes’ to monitor social activity is a social platform that features content which has been recommended by our friends. The start-up, headquartered in Oslo was founded by hacker and entrepreneur Marius Lian in July 2010. Frustrated with the flood of irrelevant content in his feeds, he decided to do something about it. Originally called StormDriver, focuses on “instant… Read more →