Oct 22- Data storage equipment maker EMC Corp cut its full-year profit forecast as it joins other companies affected by a surge in dollar that crimps demand for U.S. exports and reduces the value of overseas sales when translated back into dollars. EMC's shares were down about 1 percent in premarket trading. EMC also cited the timing of its $3 billion share...» Read More
Easy come, easy go, I suppose, when it comes to Oracle. The company barely had enough time to finish that first glass of champagne, celebrating a great fourth quarter when gloomy guidance cut the party short.
Oracle the world's third-largest software maker, reported a higher quarterly profit, beating Wall Street estimates, but it sees software license revenue growth weakening.
You look at Oracle, you see a company at nearly a 7-year-high, and you wonder whether the company was over-bought, and whether investors were getting a little ahead of themselves. Nope.
Research in Motion reported a profit and sales that both were below analysts' estimates, and the company's shares dropped about 8 percent in extended trading.
After the build-up and the hype, and the enormous amount of optimism surrounding Research in Motion shares, the company can't beat the buzzer and stock gets popped.
This could be a big one. Oracle will give us an early read of how American business did in the second quarter. As the largest seller of business software, Oracle has a unique view of the economy.
Oracle ended 2007 as the software stock pick of the year for a few key analysts on the Street for 2008, and today we'll get a good idea as to whether those optimistic outlooks are still justified. Just about everyone I've talked to expects Oracle to beat expectations, so it doesn't seem like a question of "if," but instead, "by how much."
Research in Motion will release earnings on Wednesday, and there's a fair amount of optimism swirling around these shares, even in the face of ever increasing competition and headlines from Apple and the iPhone.
Seems that last post about Oxford University Prof. Jonathan Zittrain and his worry about Apple's iPhone -- as well as other technology derailing our creativity -- struck a bit of a nerve. Several of you have written in, deriding his claims, calling him a Luddite, and more importantly, calling into question the basis on which he forms his opinions.
What am I missing here? That was the polite version of what went through my mind after reading Oxford University's professor Jonathan Zittrain wax philosophic about how the increasing adoption of Apple's iPhone, Research in Motion's Blackberry, and Microsoft's Xbox threaten to derail our very creativity.
Close, but no cigar, at least not yet when it comes to Google's mobile operating system platform code-named Android, at least according to the folks at The Wall Street Journal.
The number of personal computers in use around the world has surpassed 1 billion, with strong growth in emerging markets set to double the number of PCs by early 2014, research firm Gartner said on Monday.
Microsoft said on Wednesday it had purchased privately held digital television advertising technology company Navic Networks.
U.S. design software maker Adobe Systems issued a revenue outlook that disappointed some investors on Monday, sending its shares down more than 3 percent.
Video game publisher Electronic Arts Tuesday again extended its $2 billion takeover offer for smaller rival Take-Two Interactive Software, but Take-Two again rejected the bid as too low.
Cadence Design Systems Tuesday said it offered to buy rival software maker Mentor Graphics for $16 a share, in an unsolicited deal with an enterprise value of $1.6 billion.
The European Commission, a thorn in Microsoft's side for its antitrust campaigns against the software giant, is falling short in its own internal attempt to promote more competition in the technology sector.
Adobe Systems reported earnings that outpaced expectations, driven by growth in sales of programs for photo editing, Web creation and graphics design.
It started with a note from Mike Abramsky at RBC Capital, now calling for a "breakout" fiscal fourth quarter because of iPhone. He's estimating Apple will sell 14 million iPhones in 2008, thanks to last week's new 3G version.
When the News Corporation added MySpace to its portfolio nearly three years ago, it expected that if its base of 16 million users kept growing — and each user kept adding friends, sharing photos and swapping flirty messages — the advertising dollars would roll in, the New York Times reported.
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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.
Entertainer and entrepreneur will.i.am unveiled "The Puls" smartwatch in hopes of blending fashion and technology.
Earlier Monday, IBM posted quarterly results that badly missed Wall Street expectations, which was enough to drag the entire Dow lower.
IBM posted earnings that fell short of analysts' expectations, after seeing a "marked slowdown" in September.