Oracle 1Q Report: Earnings Meet Mark But Revenue Falls Shy
Oracle (Nasdaq: ORCL), reported 1Q earnings that met expectations but revenue fell 2 percent to $8.2 billion.
Federal Judges Could Decide Where Facebook Shareholder Suits Tried
11 federal judges will hear arguments about where dozens of lawsuits against Facebook (Nasdaq: FB) should be tried.
Adobe Shares Stable Despite Poor Projection As Customers Move To Mobile
Shares of Adobe Systems Inc. (Nasdaq: ADBE), the top graphics software developer, rose more than 1 percent in early Thursday trading despite projecting fiscal fourth-quarter revenue and earnings that fell below expectations. The company has scheduled major cloud initiatives for next week.
Adobe Shares Rise Despite Poor Projection As Customers Move To Mobile
Shares of Adobe Systems Inc. (Nasdaq: ADBE), the top graphics software developer, rose more than 3 percent despite poor revenue outlook.
Apple Shares Set Another High As iOS 6 Becomes Available
Shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, set another record high and closed at a record $702.10, up 19 cents, as millions of global customers began to download the new iOS 6 from the Cupertino, Calif.-based electronics company.
Oracle’s 1Q Earnings: Indicator For Whole Tech Sector?
First-quarter earnings from Oracle Corp. (Nasdaq: ORCL) could be an early sign for performance by IBM (NYSE: IBM) and Microsoft (Nasadq: MSFT).
RIM Pact With Microsoft: Prelude To A Takeover?
Could Microsoft's new deal With RIM be a prelude to an acquisition?
Yahoo Shares Steady After Surge On Alibaba Windfall
Yahoo shares were steady after Tuesday's surge on news it has sold part of its stake in China's Alibaba Group.
Apple Tops $700 Mark, Year After Hitting $400
Shares of Apple (Nasdaq: AAPL) surged past $700 for the first time, just a year after topping $400. The move brings Apple's market value to about $650 billion, cementing its 2012 role as the world's most valuable company, ahead of Exxon Mobil Corp. (NYSE: XOM).
Technology Focus: Zuck's Good Week Without Changing Name
Facebook (Nasdaq: FB), the No. 1 social networking site, had a good week: its shares vaulted 15 percent after CEO Mark Zuckerberg appeared at a forum in San Francisco where he acknowledged mistakes. Now, with Instagram tucked in and commitments for search and mobile, is it a time for another look at half price?
Apple Wins Judgment Vs. Samsung In International Patent Dispute
A judge at the U.S. International Trade Commission found that Apple hadn?t violated any of Samsung?s patent rights for products designed into the iPhone and iPad product lines. Last month, a jury in U.S. District Court in San Jose, Calif., determined Samsung had infringed upon Apple?s patents and awarded the Cupertino, Calif., company $1.05 billion in compensation.
Apple To Reap Windfall On iPhone 5 As Component Cost Is $167.50, Techs Say
Apple (Nasdaq: AAPL), the world's most valuable technology company, should reap another windfall from selling the iPhone 5 because component costs are only around $167.50, engineers at UBM TechInsights reported. Apple will sell the product for as much as $399 and charge wireless carriers about $450.
Google Blocking Access To ‘Innocence Of Muslims’ In Middle East, India
Google (Nasdaq: GOOG), the No. 1 search engine, said it’s blocked access to the controversial “Innocence of Muslims”on YouTube in countries with large Muslim populations, including India, Libya and Egypt. But Afghanistan's government blocked all access to YouTube, claiming the video is offensive.
iPhone 5 Plays: 5 Ways To Ride Tide Without Buying $700 Apple Shares
Want to play the iPhone 5 craze created by Apple Inc. (Nasdaq: AAPL) and not pay the price for Apple's near-$700 shares. Think of some of its suppliers like Arm Holings (Nasdaq: ARMH) and Qualcomm (Nasdaq: QCOM), or even Corning (NYSE: GLW) whose products are designed into the product.
iPhone 5: What Items Were Missing In Apple’s New Smartphone?
When the first customers for the iPhone 5 from Apple (Nasdaq: AAPL), the world's most valuable technology company, get their new products next Friday, chances are they’ll rave over the latest model, the upgrade for the nearly year-old iPhone 4S. But some anticipated items are absent, like an upgrade to Siri, NFC and biometric security.
Apple Shares Leap To New Record As Goldman, Others Up Target Prices
Shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, rose 1 percent in Thursday trading after several analysts at firms including Goldman Sachs (NYSEL GS) boosted their price targets for the Cupertino, Calif.-based company, citing potential sales of the iPhone 5.
iPhone 5 Intro: SumOfUs Renews ‘Slave Labor’ Charges Vs. Apple
Apple (Nasdaq: AAPL), the world's most valuable technology company, continues to abuse workers in China who assemble its iPhone 5 and other products, liberal watchdog group SumOfUs.org charged on Wednesday.
Apple Introduces iPhone 5, Refreshes Year-old Product Line
Apple (Nasdaq: AAPL), the world's most valuable technology company, introduced its iPhone 5, the successor to the best-selling iPhone 4S, on all three major U.S. carriers, AT&T Inc. (NYSE: T), the Verizon Wireless unit of Verizon Communications (NYSE: VZ) and Sprint-Nextel (NYSE: S).
Apple Shares Open Tepidly Ahead of iPhone 5 Debut
Shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, rose $2.04 to $662.63, Wednesday in advance of the expected announcement of the iPhone 5 at a product introduction in San Francisco, which isn’t scheduled until late morning.
Facebook Shares Vault After Zuckerberg’s Mea Culpa
Shares of Facebook (Nasdaq: FB), the No. 1 social networking site, vaulted 6 percent in pre-market Wednesday trading following CEO Mark Zuckerberg’s acknowledgement of “disappointing” performance since the highly touted May 17 initial public offering.
Apple’s iPhone5 Intro: 5 Things That May Go Wrong
Apple (Nasdaq: AAPL) is expected to debut the iPhone 5 on Wednesday but there are at least five pitfalls that could endanger the company's huge success in the market. Here they are.
Kodak: With Firings, Asset Sales, Company Should Emerge Trimmer, Expert Says
Eastman Kodak (Pink: EKDKQ) will win court approval to ax more people and sell units, a veteran bankruptcy lawyer said. But it won't get anything near full price for the units as well as for 1,100 patents that interest Apple (Nasdaq: AAPL) and Google (Nasdaq: GOOG) because of the stain of bankruptcy.
GoDaddy.com Says Most Sites Restored After Cyberattack
GoDaddy.com, the popular website that hosts millions of domains for businesses, said it had restored most service Tuesday. On Monday, it was subject to cyberattack by someone claiming to be a member of the Anonymous hacker group.
GoDaddy Sites Down, May Be Victim Of Anonymous Cyberattack
Customer sites operated by private GoDaddy.com reported major computer problems Monday due to an apparent cyberattck by Anonymous. Last winter, Intyernet activists attacked GoDaddy.com for its support of the Stop Online Privacy Act.
Proofpoint CEO: Cloud-Based Security Software Is Meeting Threats To Major Enterprises
Proofpoint Inc. (Nasdaq: PFPT), the security software developer that conducted an April IPO, is confident it can beat bigger rivals like Symantec (Nasdaq: SYMC) in the market because it uses the cloud, offers lower cost of ownership and is spending cash to devise new products. So far, none of its accounts has been successfully cyberattacked, said CEO Gary Steele.
Miss The World Trade Center? Princeton’s Robertson Hall Remains Reminder
The twin towers of New York's World Trade Center destroyed on Sept. 11, 2001 were designed by Japanese-American architect Minoru Yamasaki. Just before he started work on it, he designed Robertson Hall, home of the Woodrow Wilson School, on the Princeton University campus. which has an uncanny resemblance to its former associates.
Facebook Shares Fall Again As Co-Founder Moskovitz Sells More
Shares of Facebook (Nasdaq: FB), the No. 1 social networking site, fell more than 2 percent in early Monday trading after co-founder Dustin Moskovitz disclosed he’s dumped more shares, a week after the Menlo Park, Calif., company tried to erect a firewall by announcing buybacks and other measures. The latest sales came after Moskovitz dumped about a million shares in August.
Kodak Said It Fired 2,700 In Bankruptcy; 1,000 More Cuts Ahead
Bankrupt Eastman Kodak Co. (Pink: EKDKQ), the one-time imaging icon, said it had axed 2,700 employees since filing for bankruptcy in January. About 1,000 more will be gone by the end of the year, it said in a filing with the U.S. Securities and Exchange Commission.
Global IT Spending To Rise 6% In 2012 To $3.6T: IDC
Venerable forecaster IDC predicted global spending on information technology this year will rise six percent to about $3.6 trillion, despite sluggishness in sector like PCs. The market also includes telecommunications services.
Technology Focus: Amazon’s Bezos Disrupts Again, Devises Apple Challenge
Chances are there few personalities as creative, disruptive and rich in the technology sector as Jeff Bezos, the founding CEO of Amazon.com Inc. (Nasdaq: AMZN), the No. 1 e-retailer. He's put Borders Books out of business and could even put Apple Inc. (Nasdaq: AAPL) in its place.
