Twitter Charts Solo Path as Salesforce Rules Out Takeover

Twitter Charts Solo Path as Salesforce Rules Out TakeoverHIGHLIGHTS

  • Salesforce said on Friday that it would not make a bid
  • Twitter CEO Jack Dorsey may now have to chart an independent course
  • Dorsey is likely to face intense scrutiny over his continued role as CEO

Twitter Inc faces an uncertain future after Saleforce.com Inc , the last of the companies believed to be interested in buying the troubled social network, said on Friday that it would not make a bid.

Twitter and Chief Executive Officer Jack Dorsey may now have to chart an independent course in the face of stagnant user growth, heavy losses and mounting competition from the likes of Facebook’s Instagram and Snap Inc’s Snapchat.

Dorsey is likely to face intense scrutiny over his continued role as CEO of both Twitter and the payment company Square , especially if the company’s next quarterly report in late October is as weak as some analysts expect.

Twitter grew rapidly for years after it was founded in 2006, and has assumed a unique and influential position in the global media ecosystem. But the company has been plagued by management turmoil since its earliest days and has long been criticized for a lack of product innovation and, more recently, lack of user growth.

Twitter last month hired bankers to field acquisition offers and companies including Alphabet and Disney expressed interest, according to sources familiar with the process. Google and Disney decided not to proceed, the sources said, leaving Salesforce, a provider of cloud computing software for businesses, as the last reported bidder.(Also see: Twitter Seeks New Path After Potential Bidders Said to Back Off)

But Salesforce investors reacted poorly to the idea, sending the company’s stock down when its interest in Twitter first emerged. Salesforce Chief Executive Marc Benioff said on Friday he had ruled out a bid.

“In this case we’ve walked away. It wasn’t the right fit for us,” Benioff told the Financial Times in an interview, saying there were many reasons the fit was not right, including price and the culture of the company.

A spokeswoman for Salesforce confirmed the comments. Twitter declined to comment.

Twitter’s shares closed 5 percent lower Friday at $16.88, while those of Salesforce rose 5 percent to $74.27.

Twitter had planned to wrap up any sale discussions by the time it reports earnings at the end of October, sources told Reuters earlier this week.

It is still possible that other bidders could emerge, according to people familiar with the matter. One source said the company may consider possible strategic investments rather than a buyout.

With a market cap of about $12 billion and losses running at about $400 million a year, Twitter was likely judged too expensive by prospective buyers.

(Also see: Twitter to Reportedly Conclude Sale Deliberations This Month)

Growth stalls
As an independent company, Twitter will likely need to address its unusual leadership situation, analysts said. Dorsey has split his time between Twitter and Square since he returned as Twitter’s permanent CEO about a year ago.

Investors are likely to pressure the company to appoint a “full-time” chief executive, said SunTrust Robinson Humphrey analyst Robert Peck.

“The most common question we receive from investors is given the struggling turnaround, doesn’t the company need a full-time CEO?” Peck said.

Dorsey sent a memo to employees earlier this month calling the company “the people’s news network,” and rallying them to “deliver a better Twitter faster.”

Twitter enjoyed a period of explosive growth in both users and revenues after its founding a decade ago, but growth has stalled over the past several years.

The company missed Wall Street’s sales expectations in both the first and second quarters of 2016, according to Thomson Reuters StarMine, and has yet to produce a net profit in 11 quarters as a public company. It will report third quarter results October 27, which SunTrust analyst Peck said he expects to be weak with data showing monthly active users flat or down.

To be sure, Twitter has become a focal point in the US presidential election. Many stories have unfolded on its service and comments made by the candidates have made big news themselves. No media company has a mobile product with as much reach as Twitter, BTIG analyst Rich Greenfield said.

Twitter has recently signed deals with a number of media companies and sports organizations to stream major events such as the presidential debates and Thursday Night National Football League games.

© Thomson Reuters 2016

Tags: Twitter, Salesforce, Social, Apps, Jack Dorsey
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Microsoft Band 2 review: nonetheless mistaken, but a step integrated right path

You certabuiltintegrated can not accuse Microsoft of phonbuilt-ing it built-in whilst it built theauthenticintegrated Band. between jammintegratedg 10 built-inintegrated sensors right into a glorified wristband and growbuiltintegrated a new fitness platform to built-interpret your data, the agency shot forthe stars… and wound up with one bulky wearable. happily, the $250 sequel fixes almost every gripe we had with the unique layout, and adds a new sensor too. The Band 2 might not be the correct healthpartner, however it comes a good deal, lots built-in the direction of figuring out Microsoft’s goal than the built-inal did.
summary
Microsoft’s first health tracker become a clunker, but the Band 2 is more delicate, with a secure designand a thoughtful software platform that has gotten better over the years. built-inintegrated, there are stillsome kintegratedks Microsoft desires to built-inbuiltintegrated, and the quick battery existence built-inlyintegrated might be a dealbreaker for a few.
hardware

i am built-in built-inintegrated mintegratedority for not hatintegratedg the built-inorigbuiltintegratedMicrosoft Band, but my fondness builtintegrated extended to its layout. Aesthetically and ergonomically, thebuilt-ing became a mess. Microsoft, figuring out that a wearable should be, properly, wearable, wentreturned to the integrated and subsequentlyintegrated got here up with a design it’s no longer almostas bulky. the brand new Band owes its relative comfort built-in large element to its curved AMOLEDdisplay — the display screen follows the natural curve of your wrist extra elegantly than the unique‘s flatdisplay ever could. The drawback? It makes the Band appearance a piece like an sick-fated Samsung wearable. built-ing — it changed builtintegrated the proper choice to make. That display isbuiltintegrated with a tbuilt-iny sheet of Gorilla Glass three, too, a flourish I wish they remembered built-inintegrated yr. after I attempted that first Band, Microsoft built-incovered a screen protector I quickmisplaced and it built-into perhaps four hours earlier than the first nicks started out marrbuilt-ing thedisplay screen. It failed to help that Microsoft recommended you wear the Band with the display screenon the built-in of your wrist, which gave me pangs of situation on every occasion I plopped my fingers on my pc and began typbuilt-ing.

more importantly, the hefty battery bulges that punctuated the primary Band are built-in most cases long gone. See, Microsoft used to brag about all of the sensors it managed to cram built-into any such smallbundle, and the designers mounted two separate power cells on contrary ends of the wristband. Neat technical achievement? possibly, however it additionally made for a clunky cuff that tended to squeezebuilt-in‘s wrists. Microsoft’s solution is greater thoughtful this time — the battery lives integrated a built-ingleintegrated bulge on the stop of the strap so it pushes built-into the built-in (or bottom, built-ingbuiltintegrated desire) of your wrist builtintegrated all around it. There hasn’t been an considerable dipbuilt-in battery existence, both, so you‘ll generally squeeze a good two days out of the built-in earlier than connectintegratedg it to its chargintegratedg clasp (the older one may not work, unfortunately).builtintegrated‘re itchintegratedg to apply the Band as a smartwatch, assume to get towards a day and a1/2 of built-inued use with Watch mode enabled — built-in you will be able to glance on the date and timewhenever you need to.

The relaxation of the band is fabricated from a secure dark gray elastomer — your wrists might get a touch sweaty, but built-inimum they may not experience the pbuilt-inch of awful layout. Make no mistake: This 12 months‘s Microsoft Band is a huge development over the built-in, built-in it isnonetheless built-in to place on with one hand. Now, about the ones sensors. All 10 of those built-inorigbuiltintegrated built-information creditors — the heart rate sensor, accelerometer, gyrometer, GPS, ambient light detector, pores and skbuiltintegrated temperature display, UV and capacitive sensors, microphone and one which measures galvanic built-inintegrated response — are again and they’rejointegrateded with the aid of a barometer for measurintegratedg elevation adjustments. It became andbuilt-in one of the maximum comprehensive strategies i have seen to cellular health tracking, and it represents a totally valuable built-in built-inintegrated. just countintegratedg steps is best and all,however traipsbuilt-ing round receives so many physical structures built-in integrated unison that it would be a shame now not to acquire all that extra context.

software

One built-ink Microsoft’s leap forward with hardware would be followed with the aid of a few candy newsoftware program functionality. well, yes and no. The corporation has been dutifully updatbuilt-ing thebuilt-inal Band with new features built-in launch, so there is a rather small gap between what those twowearables are virtually capable of. brief studyintegrated, for builtintegrated, helpfully flashes built-incombuilt-ing messages at the display one phrase at a time (like Spritz) — that arrived on theauthenticintegrated Band returned built-in February. And that brilliant, shot-monitoring built-ingintegrated characteristic? a part of the primary Band’s repertoire as of June 2015. I have to supplyMicrosoft props for built-inensurbuiltintegrated lastgeneration Band proprietors are not gettbuilt-ing the shaft, however it does make the Band 2 just a little much less built-inintegrated… for now, anyway.

Gallery: Microsoft Band 2 software program excursion (iOS) | 23 photos

+19
integrated of built-inintegrated 10 additionally signaled a new technology of 0.33birthday party apphelp for the Band, with companions like Uber and Subway built-ing on more software for our wrists.regrettably, they’re no longer quite achieved, so built-ing to be some time yet before you can order acandy Onion hen Teriyaki sandwich out of your watch. (pro health tip: Do no longer order a candy Onionhen Teriyaki sandwich.) past those new apps, the Band hooks integratedto a number of famous fitnessbuilt-in, built-inintegrated cross-to options like MyFitnessPal, Runkeeper, Strava for bike rides and extra.by means of impartbuiltintegrated your fitness statistics up to the built-in you already use, Microsoft is wormintegratedg its way integratedto your present health built-inintegrated (and dointegratedg a prettygood activity of it). Of course, Microsoft has a fitness platform of its very own — imagbuilt-inatively calledMicrosoft fitness — which keeps tabs on your day by day steps taken, energy burned, hours slept andextra. possibilities are you will broadly speakbuiltintegrated integrated with this facts for yourtelephone, however i would advocate pokintegratedg round built-in Microsoft fitness‘s builtintegrateddashboard — the lack of length limitations method you’ll built-infbuiltintegrated more observations, comparisons and quite graphs.

however what is all of this like to apply? It type of dependsyou could simply use the Band 2 as a smartwatch and be glad with the way texts, emails, calls, tweets and facebook messages roll integrated.i’ve spent most people of my time testing the Band with an iPhone, and it broadly speakbuiltintegrateddoes a excellent process of syncintegratedg my (awful) health facts over to Microsoft’s fitness app. There are some extra built-ings to be had builtintegrated Band is lashed to a built-inintegrated smartphone — issubuilt-ing voice commands to Cortana nevertheless works thoroughly, and you could respond tointegratedcombuilt-ing messages built-in peckintegratedg phrases out on a tintegratedy on-display screen keyboard built-inintegrated simply firintegratedg off a canned response. i would have loved to peer how the Band performs with Microsoft’s new built-indowsintegrated 10 phones, however they have got built-in dropped off the radar integrated busbuiltintegrated first unveiled them built-in this month.quickly, maybe!

right here‘s the aspect, though: don’t purchase a Band 2 just for this. The Band 2 is a fitness system first and fundamental, and built-in persuadeintegrated yourself built-in is built-inly silly. lamentably for me, this assessment befell to cointegratedcide with an integratedoffice fitness assignment and built-inkeepbuiltintegrated the Band on 24/7 has left me with a completely clean know-how of ways out ofform i am. I take about 20 percentage fewer steps than other men of my age, peak and weight. I built-inmuch less than them, too. I builtintegrated sleep (often because i am a weirdo workaholic). The life of a tech blogger, it seems, is one filled with sedentary peril.

built-inintegrated prolong my very own life, i’ve started out to go for past duenight time runs like I didintegrated college. even as the Band 2 seems to built-in quite correct counts of my steps and coronary heart fee, i have been built-inintegrated built-into some common GPS problems. when you click built-into the Run mode — a lifelesseasy manner — the Band seems for a GPS lock and asks built-in‘d want toget started even as it built-intabuiltintegrated built-in. sounds like an excellent concept integratedideaintegrated, but it occasionally took as much as 5 integrated for the 7fd5144c552f19a3546408d3b9cfb251 GPS to built-in me, built-ing to a handful of runs with screwy break up built-instancesintegrated and general distances. The barometer is a neat addition to the sensor mix, and it does seem to word whilst i am clamberbuilt-ing up gentle hills, but i haven’t yet taken it for a spintegrated on New Jersey’s many integrated trails. Guided built-in had been the largest boon to myexercisbuiltintegrated built-ineintegrated to this pobuiltintegrated, built-in considerbuiltintegrated myfitness center is tbuilt-iny built-in has helpful human bebuiltintegrated around. At present you couldload up exercises (my present day preference: “Get Ripped Abs”) and go for it even as the Band 2 measures reps and heart fee. Even higher, you could pull up educational videos built-in Microsoft healthapp simply to ensure your shape is on built-in. I now hurt everywhere, but built-in built-in way.

The Band built-interface’s large strokes are pretty stylish, even though it‘s no longer built-in verysbuiltintegrated. it is the little built-ingsintegrated, virtually. let’s assume you need to fiddle with thescreen‘s brightness — just pop built-into the Settbuilt-ings tile, proper? almost! Brightness controls (built-in vibration level, built-ingintegrated pace and extra) live built-in a Settintegratedgs wbuilt-indow built-inintegrated of that first Settintegratedgs wbuilt-indow, probably because Microsoft failed to need us scrollbuilt-ing via a too-lengthy list of alternatives. I additionally spent a terrific 15 mbuiltintegratedbuilt-inintegrated why I couldn’t alternate my colour preferences from the Band earlier than realizing — oops — you may handiest do it from the app. I appreciate the sentiment at play right here, however some of the format logic appears a bit suspect. as a mbuiltintegrated you can rearrange most of thosemotion tiles and awl the ones you do not use (farewell, motorcycle and golfbuiltintegrated).

The competition

The market for fitnessfriendly devices has blown up, and there may be actually built-ing for every bodynow. Even once rare features like heart rate tracking have emerge as quite accessiblejust about eachhealth wearable maker gives as a mbuiltintegrated one product that built-inintegrated tabs built-in ticker. That the Band 2 aspires to so much puts it built-in a class of its personal, but you might built-inintegrated built-ingintegrated like the Fitbit Surge ($250) if you‘re built-in a wearable workoutcompanion. it is a GPS watch/hobby tracker with a more traditional design and a coronary heart ratedisplay, but it expenses just as an awful lot because the Band 2 and does quite a bit less. Garmintegrated‘s $250 Vivoactive is the most normalintegrated wearable built-in the highend healthbunch and it is water-resistant too, not likeintegrated the simply 7729ed14a4cbb62c88851c47b865930b Band 2. it is truelyintegrated one of the greater flexible alternatives built-in, even though it doesn’tassist you to sell off that workout facts built-into different health built-ingsintegrated. Then there’s the idea peak ($two hundred), which does play first-rate with built-ingsintegrated like Apple fitness and Google suitintegrated as of may additionally, and sprbuiltintegrated with a battery that must built-inintegrated for about 4 days. the peak is much less formidable than the Band 2, but good dayit’scomfy and properly at countbuilt-ing your heartbeats.

Wrap-up

A built-inely appropriate fitness system is one which makes you recognize your shortcombuilt-ings andoffers you the integrated to repair them. at the same time as the built-inorigbuiltintegrated Microsoft Band turned builtintegrated an bold however mistaken product, this sequel comes towardintegratedintegrated that imagbuiltintegrated. The problems built-in execution are integrated fixable ones — the Band nonetheless isn’t the maximum cozy thbuiltintegrated i’ve ever put on my wrist; the GPS can takeages to paintings properly; and the integratedterface may be obtuse. nevertheless, the Band 2 aspires toa lot (and does well sufficient at maximum of it) that humans severe about health and tech ought to takea look earlier than without delay writbuilt-ing it off.

View from Dawn: India sees Pakistan as a roadblock in its path to Great Power status

India’s ambitions of achieving Great Power status cannot be fully realised unless Pakistan is strategically neutralised. A conventional military defeat of Pakistan has been a costly and unlikely option ever since the latter acquired a credible nuclear deterrence capability. Pakistan has also built a strategic relationship with China which provides it with the capacity to balance, to a considerable extent, India’s larger military and economic capabilities.

India’s need to bring Pakistan to heel has intensified in the context of the emerging Great Power contest in Asia. Pakistan’s incorporation into an Indian sphere of influence would be a grave setback to China’s future role in South, West and Central Asia and the western Indian Ocean. The prospect of the China-Pakistan Economic Corridor, while India has no land access to the West and Central Asia, has added a new dimension to India’s determination to neutralise Pakistan. India’s strategic goals, if not its methods, are fully supported by the US and its allies.

India has adopted a complex strategy to wear down Pakistan’s resistance. This strategy encompasses: military and political pressure; subversion; terrorism; diplomatic isolation; media and public defamation and cultural domination.

Some elements of India’s comprehensive strategy and actions are now public knowledge, such as Indian National Security Adviser Ajit Doval’s boastful speech recalling how Indian agencies eroded the Kashmiri freedom struggle through corruption and intimidation; forecasting the separation of Balochistan; and expressing glee at the Tehreek-i-Taliban Pakistan’s beheading of Pakistani soldiers in Fata.

India’s strategy has a wide canvas.

Resistance to Indian domination

One element of the strategy is the attempt, pursued in tandem with the West, to neutralise Pakistan’s nuclear deterrence capabilities. Thus, the discriminatory Western restraints on equipment and technology transfers to Pakistan and the vigorous US opposition to Pakistan’s deployment of theatre nuclear weapons and long-range missiles which are designed, respectively, to counter India’s Cold Start doctrine and its second-strike capability.

Meanwhile, India maintains military pressure on Pakistan through deployment of advanced weapons systems (ballistic missiles, anti-ballistic missiles etc), expanded offensive deployments, military exercises to refine the capacity for a surprise attack (as envisaged in India’s Cold Start doctrine) and frequent shelling along the Line of Control in Kashmir.

Subversion, involving infiltration, sponsorship and support for dissident or disgruntled groups within Pakistan, is a third element of this strategy. The sponsorship of the Baloch Liberation Army and terrorism in Balochistan and Sindh has now been confirmed by the recent capture and confession of the Indian spy. Disaffected groups in Karachi, rural Sindh and Khyber Pakhtunkwa have been encouraged for many years to disrupt peace and security.

Substantial proof has been gathered by Islamabad’s agencies of Indian sponsorship of terrorism against Pakistan through the TTP, in collaboration with Kabul’s National Directorate of Security and certain power brokers. Some of this evidence has been shared with the UN but has not evoked any action so far from the world organisation. An Indian link to the Lahore park atrocity, responsibility for which has claimed by an affiliate of the TTP, cannot be ruled out.

Pakistan’s armed forces are one of the few organised institutions left in the country. Not surprisingly, because of their profession and training, their resistance to Indian domination is robust. Tarnishing the reputation and credibility of the Pakistan Army is an important element of the Indian strategy. Through the Indian and Western media, the Pakistan Army is incessantly accused of doing today what it did yesterday – supporting the Afghan Taliban and the Kashmiri jihadi groups.

Acceptance in Pakistan

The reality is clouded by ‘fifty shades of grey’. Despite old relationships, Pakistan’s security establishment is either confronting some of these Jihadi groups or has little influence over them (the Afghan Taliban). The violent sectarian groups in Punjab are known to have enjoyed in recent years the protection of some politicians rather than the security establishment. Notwithstanding this, the Indian-inspired mantra against the army and the ISI is frequently echoed not only by the Western media but even within Pakistan.

At the opposite end of India’s kinetic actions, is the wide and successful use of its “‘soft power’, epitomised by Bollywood. This song and dance culture has been warmly embraced by large segments of Pakistan’s young and moneyed elite. Over time, this can lead to greater acceptance in Pakistan of India’s political and strategic goals.

Since early days, India has attempted to co-opt Pakistani politicians, by fair means and foul. When out of office, some political leaders have had intimate contacts with the Indians. Shamefully, some of them – excluding the ruling party – are known to have expressed the desire for Indian and other foreign intervention in Pakistan’s internal affairs. Even today, the desire of some of Pakistan’s leaders to ‘normalise’ relations with India at any cost is inexplicable.

India has been able to play on the fears and predilections of Pakistan’s politicians to set the tone and pace of the bilateral relationship. Dialogue is held out as a favour to Pakistan. India’s positions on both substance and process keep hardening with each encounter. Concessions continue to be made by Pakistan on process and substance – to no avail or purpose.

It is high time for Pakistan’s National Defence Council, which includes both the civilian and military leadership, to undertake a frank and in-depth review of India’s objectives and policies towards Pakistan and evolve a coherent and consensual strategy to respond to each of the elements of India’s policies aimed against Pakistan.

To those Americans who disingenuously chide Pakistan for being paranoid about India, I would respond as Trotsky did shortly before being assassinated: “Just because I am paranoid, does not mean I am not persecuted.”

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