Tuesday, October 8, 2013

My top technology companies in the world

I get motivated by technology startups that have proven to be mighty and have grown to be multi-billion companies. And who is to thank for the remarkable growth of the startups? The answer is their founders. Here is my top 5 list of technology startups that motivate me everytime I read about them.

Facebook is a social networking site that was co-founded by Mark Zuckerberg and a couple of his college roommates at Havard in 2004. The other co-founders are; Dustin Moskovitz, Chris Hughes, Eduardo Saverin and Andrew McCollum. It's headquarters are the former Sun Microsystems campus in Menlo Park, California.

Facebook has had a steady growth since it's reception 9 years ago. In 2012, Facebook user-base hit 1.15 billion users, as at March 2013. Due to this fact, I must confess that Mark Zuckerberg is keeping the likes of Sergey Brin and Larry Page awake! Indeed, Facebook is slowly achieving its mission which is to ….

Facebook's IPO

Facebook filed their S1 document with the Securities and Exchange Commission (SEC) on February 1, 2012. The company filed for a US$5 billion initial public offering (IPO), making it one of the biggest in tech history and the biggest in Internet history. Facebook valued its stock at $38 a share, pricing the company at $104 billion, the largest valuation to date for a newly public company The IPO raised $16 billion, making it the third largest in U.S. History. The shares began to be traded on May 18, and though the stock struggled to stay above the IPO price for most of the day, it set a new record for trading volume of an IPO, 460 million shares. The first day of trading was marred by numerous technical glitches that prevented orders from going through. Only the aforementioned technical glitches and artificial support from underwriters prevented the stock price from falling below the IPO price on the first day of trading.

Google Inc. is an American multinational corporation specializing in Internet-related services and products. These include search, cloud computing, software and online advertising technologies. Most of its profits are derived from Ad Words.
Google was founded by Larry Page and Sergey Brin while they were Ph.D. students at Stanford University. Together they own about 16 percent of its shares. They incorporated Google as a privately held company on September 4, 1998. An initial public offering followed on August 19, 2004. Its mission statement from the outset was "to organize the world's information and make it universally accessible and useful", and its unofficial slogan was "Don't be evil". In 2006 Google moved to headquarters in Mountain View, California, nicknamed the Googleplex.
Rapid growth since incorporation has triggered a chain of products, acquisitions and partnerships beyond Google's core search engine. It offers online productivity software including email (Gmail), an office suite (Google Drive), and social networking (Google+). Desktop products include applications for web browsing, organizing and eiting photos, and instant messaging. The company leads the development of the Android mobile operating system and the browser-only Chrome OS for a netbook known as a Chromebook. Google has moved increasingly into communications hardware: it partners with major electronics manufacturers in production of its high-endNexus devices and acquired Motorola Mobility in May 2012. In 2012, a fiber-optic infrastructure was installed in Kansas City to facilitate a Google Fiber broadband service.
The corporation has been estimated to run more than one million servers in data centers around the world and to process over one billion search requests and about 24 petabytes of user-generated data each day. In December 2012 Alexa listed google.com as the most visited website in the world. Numerous Google sites in other languages figure in the top one hundred, as do several other Google-owned sites such as YouTube and Blogger. Its market dominance has led to criticism over issues including copyright, censorship, and privacy.

Twitter is an online social networking and microblogging service that enables users to send and read "tweets", which are text messages limited to 140 characters. Registered users can read and post tweets but unregistered users can only read them. Users access Twitter through the website interface, SMS, or mobile device app.
Twitter was created in March 2006 by Jack Dorsey and by July 2006, the site was launched. The service rapidly gained worldwide popularity, with 500 million registered users in 2012, who posted 340 million tweets per day. The service also handled 1.6 billion search queries per day. Twitter is now one of the ten most visited websites, and has been described as "the SMS of the Internet."
Twitter Inc. is based in San Francisco and has offices in New York City, Boston, and San Antonio. Twitter, Inc.

Twitter Leadership

As chief executive officer, Dorsey saw the startup through two rounds of capital funding by the venture capitalists who backed the company. On October 16, 2008, Williams took over the role of CEO, and Dorsey became chairman of the board.
On October 4, 2010, Williams announced that he was stepping down as CEO. Dick Costolo, formerly Twitter's chief operating officer, became CEO. According to a Twitter blog, dated October 4, 2010, Williams was to stay with the company and "be completely focused on product strategy."
According to The New York Times, "Mr. Dorsey and Mr. Costolo forged a close relationship" when Williams was away.\\,.e/ According to PC Magazine, Williams was "no longer involved in the day-to-day goings on at the company". He is focused on developing a new startup, but he became a member of Twitter's board of directors, and promised to "help in any way I can". Stone is still with Twitter but is working with AOL as an "advisor on volunteer efforts and philanthropy".
Dorsey rejoined Twitter in March 2011, as executive chairman focusing on product development. His time is split with Square (where he is CEO), whose offices are within walking distance of Twitter's in San Francisco.
In September 2011, board members and investors Fred Wilson and Bijan Sabet resigned from Twitter's Board of Directors.
In October 2012, Twitter announced it had hired former Google executive Matt Derella to become their new director of business agency