NEW ORLEANS— Enticed to Louisiana by the state's generous tax incentives, a video game developer plans on opening a studio in New Orleans that will employ 80 people. Kerry Ganofsky, the company's CEO, said Wednesday that Louisiana's tax incentives were fundamental in the decision to open a studio in New Orleans. Bobby Jindal, who was on hand for the announcement,...» Read More
If you haven't heard of iLike yet, you will. The site is combining two of the hottest things going right now: social networking and digital entertainment. Already, acts like 50 Cent, Beyonce, John Mayer, Evanescence and former Motley Crue member Nikki Sixx have signed on.
There are rumors all over the web that Apple will announce staggering handset unit sales at Macworld next month. And while I fully anticipate strong numbers, I'm a little skeptical that they'll measure up to some of the wild estimates making the rounds.
Capgemini shares rose on Monday after a newspaper said Wipro, India's third-biggest software exporter, was expected to bid for the French computer consultancy firm.
Something strange is developing around the Nintendo Wii phenomenon and it's showing capitalism at its finest: I was skeptical about a derivatives market in the Wii actually existing, but now I have confirmation that one does exist.
Black Friday has come and gone, but you might want to call today Black Friday: Part II as we usher in the last weekend before Christmas. I'm inside a Best Buy in the heart of Silicon Valley, where business has been more than brisk these last few weeks...
These are blow-out numbers for RIM's third quarter no matter how you slice and dice them. And you thought Oracle's good news yesterday was something. This is something else entirely. Research in Motion posts 65 cents a share in earnings per share.
ThinkSecret is no more, thanks to a settlement with Apple Inc. over misappropriation of trade secrets that dogged the Apple rumor site for the past two years. Apple took the unusual step of going after the "little web site that could" after it started posting lots of insider knowledge about upcoming Apple products.
NetSuite began trading on the Nasdaq Thursday after its initial public offering. Chief Executive Zach Nelson told CNBC that the business-management software company is positioned "in the right place and the right time in the marketplace."
These are heady times for RIMM, even though shares have suffered a precipitous decline since their highs in November; a bigger decline than Google, Amazon, Apple and so many others, off about 30 percent from those highs in early November, following a better-than-30 percent gain during the previous three months.
Oracle said that quarterly profit rose 35 percent as new software sales soared 38 percent, beating Wall Street expectations at a time when investors are nervous that IT spending is slowing.
Oracle's second quarter financials are stunning by just about every measure. Everyone I had spoken to leading up to these numbers knew the news was going to be good, but no one expected the news to be this good.
I hope you had a chance to read my 8 for '08 blog predictions. Here now is what I've done for the TV side of CNBC, in using the ole 'crystal ball. A couple of them you'll find similar, but there are plenty that are different. Enjoy!
Talk about a tale of two companies: The market's punishment on Palm was swift and harsh and it comes just a day ahead of what should be decidedly better news from another smart phone maker, Research in Motion.
I love "teardown" stories. Not the kind that builds a story subject up, then tears it down, but the lab guys who rip apart new devices, study component serial numbers and tell me what's in the guts of the product. Today's version comes courtesy of the wizards at iSuppli, and the center of attention is Apple's iPod Touch.
Palm released its second-quarter earnings and the news looks to be as dire as investors had feared. ... The disappointing news is somewhat surprising since it was just a couple of weeks ago that Palm revised its own guidance lower. It would appear these numbers today miss even Palm's own internal guidance.
NetSuite, a software maker majority-owned by Oracle Chief Executive Larry Ellison, Tuesday raised the proceeds it expects from its initial public offering, which is due later this week.
Oracle Corp. will release its second quarter earnings on Wednesday and there's a healthy amount of optimism swirling around these shares. But the stock really hasn't reacted much leading some analysts to wonder whether the company is poised for some kind of break-out, even though CEO Larry Ellison's massive selling streak, started in September, continues.
Shares of Desktop publishing software maker Adobe Systems rose nearly four percent Tuesday after fiscal fourth-quarter results and its forecast for fiscal 2008 both topped Wall Street's expectations
Desktop publishing software maker Adobe Systems said Monday its fiscal fourth-quarter profit and sales rose to beat Wall Street's expectations, fueled by strong sales of Creative Suite 3 and Acrobat.
Software maker CA said on Monday it expects to report fiscal-year 2008 profit before items of $1.06 to $1.10 per share.
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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.
The move to normalize relations with Cuba will strengthen the Castro "dictatorship," a former U.S. diplomat says.
The Florida Republican senator also says Congress won't support lifting the half-century embargo on Castro's Cuba.
Here's why the new BlackBerry, the Classic, "will further change how people think about BlackBerry," says CEO John Chen.