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Proofpoint CEO: Cloud-Based Security Software Is Meeting Threats To Major Enterprises

Proofpoint
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.
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Google executive chairman Eric Schmidt speaks at The Sloan School of Management at Massachusetts Institute of Technology in Cambridge

Technology?s Cash Piles: Top U.S. Leaders Stash Nears $400B

Don?t say technology companies aren?t enormously profitable. An IBTimes review of the cash and investment holdings of 11 of the top technology leaders shows they are sitting atop nearly $375 billion in cash and investments ? or about 24 percent more since the last survey nine months ago.
Apple vs Samsung

Technology Focus: Why Apple And Samsung Should Settle Now

After three weeks of testimony, the case of Apple Inc. (Nasdaq: AAPL) vs. Samsung Electronics Co. Ltd. (Seoul: 005930) is over. U.S. District Court Judge Lucy Koh could instruct the nine-member civil jury in San Jose, Calif., as early as Tuesday The parties should settle first.
John Chambers, CEO of Cisco Systems, speaks during a news conference at at the 2010 International Consumer Electronics Show (CES) in Las Vegas

Cisco’s 4Q Results: Major Tech Bellwether For HP, Oracle

Cisco Systems Inc. (Nasdaq: CSCO), the No. 1 provider of Internet gear, is scheduled to report fourth-quarter results Wednesday that are expected to be much better than last year’s when CEO John Chambers said the company was overmanned and was in the midst of layoffs and retrenchment.
Thorsten Heins

Curtains For RIM? Besides IBM, Are Microsoft, Samsung, Oracle Looking?

Shares of BlackBerry developer Research in Motion (Nasdaq; RIM) jumped on speculation IBM (NYSE: IBM) might be interested in part of the company. But others like Microsoft (Nasdaq: MSFT) and Oracle (Nasdaq: ORCL), might also want its technology, too.
International Business Times Logo

Oracle Buying Xsigo Systems, Price Not Disclosed

Oracle Corporation (Nasdaq: ORCL) said Monday it will buy Xsigo Systems, a network virtualization technology company, to expand its presence in the cloud computing business. The value of the deal was not disclosed.
Marissa Mayer, CEO of Yahoo (Nasdaq: YHOO)

Technology Focus: Hedging Bets In High Tech For Yahoo, AOL, HP

Internet users and investors were heartened last week when Yahoo (Nasdaq: YHOO), elected Marissa Mayer, 37, as its third CEO in less than a year. A hedge fund gets part of the credit but not all hedge funds score as well in the tech sector: how about Eastman Kodak (Pink: EKDKQ)?

Oracle Snags Involver, Latest Social Media Takeover

Oracle (Nasdaq: ORCL), the No. 1 database developer, said it will acquire Involver, a five-year-old social media software developer, its third sector acquisition in three months.
Technology and companies

Top Tech Earnings Preview: Not Like Last Year!

As investors await second-quarter earnings from leading technology companies, several warning signs indicate that save for special cases, it won?t be a blow-out.
Watson supercomputer

Health Reform Supreme Court Decision: Technology Industry Impact

The Supreme Court?s ruling to uphold the Affordable Health Care Act will likely benefit the technology industry, from computer services providers like Hewlett-Packard Co. (NYSE: HPQ) to medical electronics makers like Agilent Technologies (NYSE: A).

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