Arik Hesseldahl

Recent Posts by Arik Hesseldahl

Jive Results Better Than Expected; Shares Rise After-Hours

Social enterprise software concern Jive Software reported first-quarter results that were slightly better than the expectations of analysts. Billings, a key metric combining revenue and the change in deferred revenue, grew 52 percent to $28 million, while total revenue rose 58 percent. Jive’s net loss on a non-GAAP basis was 9 cents a share. Jive shares rose as much as 9 percent in after-hours trading, after falling more than 10 percent during the regular session.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work