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...» Read More
U.S. company Adobe Systems stood by its second-quarter and full-year financial outlooks on Thursday, ahead of its 2008 annual financial meeting later in the day.
Microsoft's board met Wednesday to discuss its stand-off with Yahoo Inc over its $41.8 billion takeover bid, but failed to reach a decision on what to do next, according to a Wall Street Journal report.
Top executives for SAP say they see a slowdown in the United States as well as an unfavorable currency market in the coming year.
Business software company SAP reported quarterly results that fell shy of expectations Wednesday and also said it will delaying the launch of new subscription software for small and medium businesses.
An overwhelming majority of Wall Street analysts see Microsoft Corp preparing shortly to launch a hostile bid at its current price of $31 per share in cash and stock, a Reuters poll found.
A Microsoft deadline for Internet service company Yahoo to accept its $44.6 billion acquisition offer expired at midnight Saturday, setting the stage for a hostile takeover bid by the software giant.
Once the exclusive domain of e-mail-obsessed professionals, smartphones are now prized by consumers who want easy access to the Web, the New York Times reports.
Stocks finished higher for the week, helping major indexes transcend recent highs, as financials gained and the dollar showed signs of recovery.
Hours away now from the Microsoft imposed deadline for Yahoo to negotiate or die. Too dramatic? Not really when you're talking about $40 billion hanging in the balance as well as the future dominance of all things digital.
Stocks were slightly lower Friday, dragged down by a disappointing outlook from Microsoft and a souring consumer mood. American Express jumped after beating forecasts. Oil topped $119 a barrel.
Stocks were slightly lower Friday, dragged down by a disappointing outlook from Microsoft and a souring consumer mood. American Express jumped after beating forecasts.
Microsoft is considering launching a hostile bid for Yahoo as early next week if Yahoo does not begin talks soon, Chief Financial Officer Chris Liddell said on Thursday.
Microsoft follows Apple's lead -- when have you heard that before? -- reporting a good, but not good enough, quarter. And investors are taking profits off the table. Microsoft did beat Street expectations on the bottom line. ... So where was the weakness? That's the issue...
American Express said its net income fell 6 percent but earnings beat expectations and revenue increased amid higher card-member spending.
Microsoft reported a rise in earnings that beat expectations, but the company's shares declined by more than 5 percent as its outlook disappointed investors.
The last couple of quarters have been remarkably strong for Microsoft, and there's every indication that the company will post an equally strong third quarter earnings report after the bell on Thursday. ... Expect some good theater.
Let me just say from the very outset: any other publicly traded company would kill for growth like this, products like these, customers like those who can't seem to snap up Apple gear fast enough. But Apple is hardly just "any other publicly traded company," and, like it or not, the company is different -- so investors "think different" when it comes to Apple.
Microsoft is prepared to walk away from its $43.6 billion bid for Yahoo if the two sides can't agree on a price, Chief Executive Steve Ballmer said Wednesday.
Amazon shares started last quarter right at $100 a share, and since then, it's been all downhill from there. Frustrated investors will be looking for guidance from the company later today that the slide is over, and that the company is poised for a strong, back half of 2008. But that's a tall order for Amazon's executives.
More than a quarter of US employers expect more of their high-skill positions to be shipped overseas.
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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.
There's so much capital being poured into some tech start-ups that they're just burning cash, says venture capitalist Bill Gurley.
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.