Salesforce does better than expected reported better than expected quarterly revenue and profit, helped by an increase in demand for its Web-based sales and marketing software.

The outfit raised its revenue forecast for the full year for the third time.

Shares rose about four percent in extended trading as the online sales software outfit predicted that current quarter revenue and adjusted profit above the average analyst estimates.… Read the rest

Intel’s internet of things notion is bonkers

Intel's Gordon Moore and Robert NoyceApparently Intel used the second day of its developer forum to attempt to convince the world and its dog that it knows all about the internet of things (IoT).

Well, it just doesn’t have an earthly or a clue.  INTC is showing every sign of being a has been rather than a here and now company.… Read the rest

Wafer industry faces slowdown

Silicon wafer - Wikimedia Commons -Silicon wafers, used by manufacturers to create microprocessors and other semiconductor devices, are facing a slowdown.

That’s emerged as GlobalWafers Co, the sixth biggest wafer supplier in the world, said that the whole semiconductor industry is being affected by a combination of forces including the devaluation of the Chinese yuan and slower general overall growth.… Read the rest