Walter Pritchard of Citi Investment Research said in a client note that the transition to a subscription format will drive "a more consistent and ultimately higher baseline of revenue." The analyst increased Adobe's price target to $52 from $48 and kept a "Buy" rating. MacMillan maintained a "Hold" rating and raised Adobe's price target to $45 from $43.» Read More
Despite the outrage over allegations the NSA is collecting data on every phone call, it is clear that the worst privacy violations, especially for businesses, start with you.
CHELMSFORD, Mass.-- Datawatch is buying real-time visual data software company Panopticon Software AB in an all-stock deal valued at about $31.4 million. Datawatch, which is based in Chelmsford, Mass., provides information optimization products that help businesses analyze and manage data.
ATLANTA-- Internet service provider EarthLink is buying cloud computing and hosted IT services provider CenterBeam Inc. for $22 million. EarthLink was one of the best-known Internet service providers, but has struggled with intense competition from higher-speed providers like cable companies.
*Europe wants to build cloud sector to rival U.S. players. PARIS/ LONDON, June 17- France has its "Sovereign Cloud" project while across the Rhine data firms have created the label "Cloud Services: Made in Germany", all trying to reassure big companies that their information is stored away from the prying eyes of U.S. spies.
Netflix said a multi-year agreement with Dreamworks is its biggest deal ever for original first-run content and includes more than 300 hours of new programming.
Entrepreneurs and investors are betting on a future full of flying robots that can do anything from survey crops to make a delivery.
Microsoft is creating a "store-within-a-store" at Best Buy locations in the U.S. and Canada. CNBC's Jon Fortt speaks to Tami Reller, CFO and CMO of Microsoft Windows, about the move.
BEDFORD, Mass.-- Progress Software Corp. is selling its Apama product to Software AG so that it can concentrate on cloud and mobile application development technologies. Progress' Chief Technology Officer and co-founder of Apama, John Bates, is expected to join Software AG and lead the Apama division.
DEERFIELD, Ill.-- Software maker Textura Corp. said Wednesday that its initial public offering of stock has closed and raised $86.3 million, as the banks managing the deal bought up extra shares. The company began trading Friday on the New York Stock Exchange under the symbol "TXTR." Shares dipped 2 cents to $20.79 Wednesday.
Life without Google Glass is a cold, lonely way to live. At least that is the way Marc Andreessen, co-founder of Andreessen Horowitz, describes being without the glasses.
WILMINGTON, Del.-- A Chinese national who pleaded guilty to taking part in a $100 million international software piracy plot has been sentenced to 12 years in prison. Thirty-six-year-old Xiang Li of Chengdu, China, was sentenced Tuesday in federal court in Wilmington.
The U.S. Attorney's Office for the District of Delaware said businessman Xiang Li, 36, would be deported to China pending his release from prison. Li, of Chengdu, China, was arrested in June 2011, in an undercover sting by U.S. Department of Homeland Security agents on the Pacific island of Saipan, an American territory near Guam.
Apple's marketing head Phil Schiller remains confident in the company's ability to innovate, with CNBC's Brian Sullivan. Rakesh Agrawal, reDesign, and CNBC's Herb Greenberg, provide perspective.
NEW YORK-- GE's health care business will invest $2 billion in software development over the next five years. GE Healthcare said Tuesday that it wants to improve the management of hospital operations, increase clinical effectiveness and optimize care. Shares of General Electric Co. lost 19 cents to $23.59 in midday trading.
Cramer is pretty excited about a new stock coming to market.
A U.S. judge has revisited a censorship lawsuit by pro-democracy activists against Baidu and China, even after China invoked its authority as a sovereign nation to block the case.
SAN FRANCISCO, June 10- Apple Inc on Monday unveiled iTunes Radio, a free music streaming service that is a key part of overhauled mobile software that the company called the most revolutionary re-design of its operating system since the iPhone was introduced in 2007..
SAN FRANCISCO, June 10- Apple Inc on Monday unveiled new mobile software that it described as the most revolutionary overhaul of its operating system since the iPhone was introduced in 2007, sporting a revamped layout with fresh colors, new animation and more depth to its display.
SAN FRANCISCO, June 10- Apple Inc showed off a new line of Mac computers on Monday, including a sleek, cylindrical-shaped Mac Pro due later this year that will be assembled in the United States. Executives showed off the computer as Apple kicked off its annual conference for its developers, where it is also expected to unveil a new streaming-music service.
This marquee event for the video game sector, running from June 11 to 13, comes as the industry tries to cope with the rapid growth of online and mobile gaming and prepares for the launch of next-generation consoles from Microsoft Corp and Sony Corp. Here is a look at the industry and its major players.