Showing posts with label Product. Show all posts
Showing posts with label Product. Show all posts

Tuesday, 17 March 2015

Mozilla Alum Jay Sullivan Lands At Groupon As Its New Head Of Product

App Submissions On Google Play Now Reviewed By Staff, Will Include Age-Based RatingsJay Sullivan, once one of the more public faces of Firefox browser maker Mozilla and for a while its interim CEO, has surfaced again: he has joined local commerce and daily deals site Groupon as its SVP of consumer product, overseeing all tech products such as Groupon’s mobile apps and its website. He will be based out of Palo Alto and will report to Groupon’s CTO Sri Viswanath.His appointment is coming in a pair: Groupon is also announcing Carol Campagnolo as its new SVP of human resources.“Carol and Jay are incredible complements to our strong Groupon senior management team,” said Groupon CEO Eric Lefkofsky in a statement. “Adding their expertise will help ensure that we have the right people and technologies in place to take our marketplace and company to the next level.”Sullivan is the latest in what has become a revolving door of sorts for heads of product at Groupon.Among his recent predecessors:  Jeff Holden, who joined Uber to head up product last year; and Parker Barille, who was at Groupon for less than two months (and is currently advising different companies), leaving in October 2014. This, however, may be nothing compared to when the company’s co-founder and CEO Andrew Mason colorfully left the company.The many executive changes at Groupon (others have included the recent departure of its sales chief, the former HR head decamping to Twitter, and its head of mobile leaving) speaks to a bigger challenge: the company saw rapid growth as the king of daily deals — where users were emailed regular discounts for select goods and services.But as that business has slowed down and even declined in some markets, Groupon has been repositioning itself as a platform for local commerce — targeting offers and listings at people based on more precise locations; and also offering a suite of services (accounting, payments, and more) for physical small retailers to help them transition into the world of online and mobile sales.The fact that Groupon has been doing this in the midst of being a publicly traded business, and all of the demands of reporting as a result of that, has made the transformation especially difficult at times.In that regard, Sullivan is joining at an interesting time for the company, which has a very different set of challenges from those faced at Mozilla. The latter has been seeing a gradual decline of usage of Firefox largely at the expense of Google’s Chrome for several years now, and positions itself as a foundation to Groupon’s square focus on profits and shareholder value.Sullivan himself has an interesting background. At Mozilla, where he worked from 2007 to 2014, he went through a succession of different roles including the foundation’s SVP of product until ending up as interim CEO sandwiched between the lengthy reign of Gary Kovacs and the very short and controversial one of Brendan Eich. Before this, he co-founded a company called PhoneSpots (formerly PocketThis), which was acquired by Call Genie, Inc. in 2007.

Tuesday, 10 March 2015

Apple Shares Shift In Wake Of New Product Announcements

PSA: iOS 8.2 Comes With An Apple Watch App You Can’t DeleteStocks go up, stocks go down, and apart from earnings, rumors, and analyst notes, things tend to rub along mostly in sync across public equities. But then there are days when a company announces a raft of new products and their pricing data. It signals to buyers, investors and the public how it intends to shape at least part of its next year.
Often, investors’ reaction to such news is blasé. I have mostly found that they don’t vet a new piece of product news by shoving around the shares of a public company, though there are counter-examples. I would posit that the larger and more diversified the company, the lesser the impact.
And then there is Apple, which combines the chimera properties of both diverse hardware revenues, along with software and cloud incomes. The company’s product-release days tend to have a larger media spotlight attached to them than what other firms’ can engender. As such, we should perhaps not be overly surprised that when Apple talks, the markets listen.
I present to you an adapted chart, derived from Google Finance, with some notes verified by ZeroHedge and Business Insider:
Screen Shot 2015-03-09 at 1.52.52 PM
The event started with Apple’s stock rising during its new MacBook portion. The company’s share price peaked at the start of its Watch segment. Following, as the company announced the pricing of the Watch among other things, it saw its shares slip. Apple then recovered, pushing back into positive territory by the end of regular trading.
Each percent change in Apple stock is worth around $7.5 billion, making movements of 2 or 3 percent more interesting than watching a midcap, buffeted by larger market forces, move in the same way.
Today, Apple at least met market expectations, but investors awarded muted praise. Are investors too negative, or were the gains predicated in Apple having a good product day priced into its shares already? Perhaps both.

Thursday, 12 February 2015

Alibaba Launches Enterprise Messaging App DingTalk, Its Latest Mobile Software Product

Alibaba is best-known as an e-commerce company, but it aspires to be much more. Some of its initiatives, including affiliate Ant Financial, have been very successful. Others, like its operating system Aliyun and mobile messaging app Laiwang, have yet to take off. Alibaba is continuing to build its portfolio of software services, however, with DingTalk, a collaboration and messaging app for small-to-medium sized businesses.
DingTalk, which launched this week and is currently available only in Chinese, first entered beta testing in December.
Making a product geared toward SMBs is a smart move for Alibaba because it can market DingTalk to the 8.5 million active sellers on its e-commerce sites. On the other hand, DingTalk has to compete with Tencent’s WeChat, which is China’s top messaging app with 468 million users.
WeChat is targeted mostly to individual users, but the app launched enterprise accounts, which have higher security and allow a company’s employees to collaborate on projects and share files including PDF documents, last fall. WeChat also offers accounts designed for marketers and brands.
Both Tencent and Alibaba, two of China’s top Internet firms, already have large ecosystems that they can tap into to draw users to new products. As Tech In Asia notes, however, DingTalk also faces competition from a roster of enterprise messaging apps that are also tailored for Chinese companies, including Maimai, WorkingIM, Fengche, Mingdao, and IMO.
Even though Alibaba has struggled to get its mobile software service to gain traction, it continues to plow money into related businesses, including its $590 million investment in smartphone-maker Meizu. If DingTalk manages to become more successful than Aliyun and Laiwang, it will help prove the viability of Alibaba’s aspirations beyond e-commerce.
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SHARES0Share0Tweet0Share0000AdvertisementAdvertisementCrunchBaseAlibabaFounded1999  OverviewAlibaba is a Chinese e-commerce company operating online marketplaces for both international and domestic China trade. It also operates an online payment system called AliPay.Alibaba is a family of internet-based businesses, which enables its users to buy or sell anywhere in the world. It has developed businesses in consumer e-commerce, online payment, business-to-business marketplaces, and cloud …LocationHangzhou, ZhejiangCategoriesE-CommerceFoundersJack MaWebsitehttp://www.alibaba.comFull profile for Alibaba

Wednesday, 11 February 2015

Datameer Heads To The Cloud With Latest Big Data Product

Datameer launched a new cloud service called Datameer Professional today that offers customers a Big Data solution without the hassle of installing, configuring and maintaining it themselves in-house. The goal of this new approach is to put the buying decision into the hands of business units, instead of being mainly driven by IT.
Datameer, which launched in 2009, offers big data and analytics running Hadoop for a range of applications. It has been selling an enterprise version since 2010 and boasts over 240 deployments including the three biggest credit card companies and two of the top three biggest banks, according to CEO Stefan Groschupf.

 

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