Berkshire Hathaway has identified its next chief executive, who will succeed Warren Buffett when the 81-year-old investor is no longer running the company, Buffett said in his annual letter to shareholders on Saturday.
Hewlett-Packard, the world’s biggest computer company, reported first-quarter earnings that beat expectations as higher margin products sold more strongly than expected.
Shares of Hewlett-Packard, the No. 1 computer services company, have gained more than 12 percent this year and nearly 30 percent since new CEO Meg Whitman was installed in September.
Shares of Dell, the No. 3 PC maker, fell more than 5 percent Wednesday after the company reported earnings below estimates and issued a dismal forecast.
Shares of Dell, the No. 3 PC maker, look likely to fall sharply Wednesday after the company reported earnings below estimates and issued a dismal forecast.
The U.S. Central Intelligence Agency told software vendors on Tuesday that it plans to revolutionize the way it does business with them as part of a race to keep up with the blazing pace of technology advances.
Dell, the No. 3, PC maker, reported fourth-quarter earnings two cents below estimates as revenue rose slightly above expectations.
Shares of Dell, the No. 3 PC supplier, have surged nearly 25 percent this year. Could investors be looking for the company to start surging in the services sector?
A U.S. judge intends to schedule a retrial for this June between Oracle Corp and SAP AG over copyright infringement allegations, according to a court filing.
U.S. and European regulators approved Google Inc's $12.5 billion purchase of Motorola Mobility on Monday and said they would keep a sharp eye on the web search giant to ensure patents critical to the telecom industry would be licensed at fair prices.
Google Inc (GOOG.O) is expected to win approval next week from European regulators, as well as from U.S. antitrust authorities, for its planned $12.5 billion purchase of Motorola Mobility (MMI.N), according to people familiar with the matter.
Now that perennial slugfest rivals Oracle and SAP have snapped up more human-resources software providers for the cloud, what’s left?
Stocks edged higher on Thursday after Greece reached a deal to secure a financial bailout, but investors took a wait-and-see attitude in a market that has become extended after weeks of gains.
Oracle Corp agreed to buy Taleo Corp, a maker of Web-based software for recruiting employees, for about $1.9 billion, as technology giants battle for the top spot in the fast-growing cloud computing market.
Oracle, the world’s biggest database developer, said it plans to acquire human resources software provider Taleo for $1.9 billion. The news sent shares of Taleo up 17 percent.
Concerns about shrinking profit margins at Silicon Graphics International sparked a sell-off in the company's stock that wiped away a quarter of its value, a day after it posted weak quarterly results and slashed its full-year earnings outlook.
Oracle, the No. 1 database developer, rejected a $272 million settlement from German arch-rival SAP over alleged infringement of intellectual property.
IBM's 900,000 square-foot Bangalore computer center is Asia's largest to date.
Oracle Corp rejected a potential $272 million award against SAP AG over copyright infringement allegations, instead opting for a new trial after a U.S. judge had slashed over $1 billion from a previous verdict.
Oracle Corp will head to a retrial against SAP AG over copyright infringement allegations after a U.S. judge slashed a previous monetary award against SAP by over $1 billion.
New Hewlett-Packard CEO Meg Whitman, who takes a $1 annual salary, got stock options that could be valued as high as $16.1 million, the company’s proxy filing said.
Assuming the $100 billion initial public offering by Facebook proceeds as planned, investors will likely clamor for shares and snap them up, just as in earlier Web frenzies for Netscape Communications, Yahoo and Google. But there are dangers.
