NEW YORK— Microsoft is releasing a $199 fitness band that also checks your email and even pays for coffee as the software company seeks to challenge Apple and others in the still-infant market for wearable devices. The Microsoft Band will work with the company's new Microsoft Health system for consolidating health and fitness data from various gadgets and...» Read More
SAN FRANCISCO, Oct 28- Video game publisher Electronic Arts Inc reported better-than-expected revenue and profit for its fiscal second quarter on Tuesday, driven by strong digital sales from titles such as "FIFA" and by cost controls. Non-GAAP net income rose to $232 million, or 73 cents per share, from $105 million, or 33 cents per share, a year ago.
SAN FRANCISCO, Oct 28- Video game publisher Electronic Arts Inc reported higher revenue for the second quarter on Tuesday, driven by robust digital sales and cost control.
YouTube CEO Susan Wojcicki said at Code/Mobile that about 50 percent of views are coming from a mobile phone or tablet. Re/code reports.
YouTube is in the early stages of exploring new subscription services, YouTube CEO Susan Wojcicki told Re/code at Monday's Code/Mobile conference.
NEW YORK _ Medidata Solutions Inc. on Tuesday reported third-quarter earnings of $161,000. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 20 cents per share. Analysts expected $87.8 million, according to Zacks.
TEL AVIV, Israel _ Radware Ltd. on Tuesday reported net income of $7.8 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share. Analysts expected $54.6 million, according to Zacks.
SAN FRANCISCO _ Advent Software Inc. on Monday reported third-quarter net income of $12 million. Analysts expected $102 million, according to Zacks. For the current quarter ending in December, Advent Software said it expects revenue in the range of $99 million to $102 million.
WASHINGTON— The Army's troubled $5 billion intelligence fusion network has been a source of lucrative contracts to companies whose employees once worked for the Army, while failing to deliver on its promise of making data seamlessly accessible to soldiers in the field, according to records and interviews. But the program so far has been a bust, with one...
SAN FRANCISCO/ SEATTLE, Oct 26- Salesforce Inc is betting big on healthcare, hiring key personnel and ramping up investment in hopes of replacing outmoded medical industry infrastructure and carving out a $1 billion annual business. Its push into healthcare follows years of attempts by rival software providers, including Microsoft Corp, to break into...
*China home-price data shows 1st y/y fall since Nov 2012. SHANGHAI, Oct 24- China stocks rebounded from one-month lows by midday Thursday, shrugging off downbeat property data as investors snapped up some companies with robust earnings. Hong Kong shares slipped for a second straight day, weighed down by falls in property shares, while gains on the mainland market...
Oct 23- Qlik Technologies Inc reported strong third-quarter revenue and forecast full-year revenue largely above analysts' average estimate, helped by higher demand for its business analytics software. The company, which competes with Tableau Software Inc and Splunk Inc, said it expects full-year adjusted profit of 18- 22 cents per share on revenue of $550-...
DETROIT _ Compuware Corp. on Thursday reported net income of $9.2 million in its fiscal second quarter. The Detroit- based company said it had profit of 4 cents per share. Compuware shares have declined 11 percent since the beginning of the year.
REDMOND, Wash. _ Microsoft Corp. on Thursday reported fiscal first-quarter profit of $4.54 billion. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share. Analysts expected $21.86 billion, according to Zacks.
Oct 23- Qlik Technologies Inc reported a 26 percent rise in quarterly revenue, helped by demand for its business analytics software and an increase in license and maintenance deals. The company reported a net loss of $14.4 million, or 16 cents per share, in the third quarter ended Sept. 30 from a profit of $3 million, or 3 cents per share, a year earlier as expenses rose...
"Inbox by Gmail" was released Thursday on Android (4.1 and up), iOS (7 and up) and on a Chrome browser, but through invitation only.
Rob Enslin, Executive Board Member at SAP, says the German software maker's third quarter results reflect an acceleration in the switch from packaged software to "cloud software."
Oct 22- Security software maker Fortinet Inc reported better-than-expected quarterly profit and revenue as businesses spent more to protect their networks and data. Fortinet's net income fell to $41.1 million, or 2 cents per share, in the third quarter ended Sept. 30, from $11 million, or 7 cents per share, a year earlier as it spent more on marketing and research...
Oct 22- Canadian business software maker Open Text Corp's quarterly profit more than doubled, driven by demand for its cloud computing services. Open Text, whose customers include Oracle Corp and Microsoft, has focused on cloud as businesses increasingly turn to cheaper services hosted online over proprietary software. Open Text, known to make frequent...
Oct 22- Canadian business software maker Open Text Corp's quarterly profit more than doubled, driven by higher demand for its cloud computing services. Net income rose to $64.6 million, or 53 cents per share in the first quarter ended Sept. 30, from $30.6 million, or 26 cents per share, a year earlier. Revenue jumped 40 percent to $453.8 million.
LOS ANGELES— So long Silicon Valley. In the past few years Google, Microsoft, Facebook, and YouTube have opened offices on the west side of Los Angeles from Santa Monica south to Venice and Playa del Rey. "Historically, Silicon Valley has been the center of gravity for tech and startups but I think more and more, these types of companies can be built anywhere," says Erik...
Get the best of CNBC in your inbox
Matt Hunter is the senior technology editor at CNBC.com.
Cadie Thompson is a tech reporter for the Enterprise Team for CNBC.com.
Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.
Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.
Josh Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.
Mark Berniker is CNBC's Silicon Valley/San Francisco Bureau Chief covering technology and digital media.
The smartphone-maker is concentrated on building a cash war chest to fuel innovation, says BlackBerry CEO John Chen.
Investors are waiting to see if the social giant will report another huge quarter.
Though New York has its first confirmed case of Ebola, there's little chance it will spread, says an infectious disease expert.