GO
Loading...

Software

More

  • UPDATE 1-Microsoft sales beat Street hopes, shares rise Thursday, 23 Oct 2014 | 4:37 PM ET

    SEATTLE, Oct 23- Microsoft Corp reported higher-than-expected revenue for its fiscal first quarter on Thursday, helped by stronger sales of its phones, Surface tablets and cloud-computing products for companies, while keeping its profit margins intact. "In light of recent negative earnings results from tech bellwethers Oracle, IBM, SAP, VMware, and EMC,...

  • Microsoft beats Street 1Q forecasts Thursday, 23 Oct 2014 | 4:36 PM ET

    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.

  • Cloud business lifts Microsoft's quarterly results Thursday, 23 Oct 2014 | 4:32 PM ET

    SAN FRANCISCO— Microsoft's quarterly profit and revenue sailed past expectations Thursday, as CEO Satya Nadella's push to embrace cloud computing and diversify into mobile devices helped lift sales by 25 percent. The tech giant reported net income of $4.54 billion, or 54 cents per share, for its fiscal first quarter that ended in September— beating analysts'...

  • 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...

  • Security software maker Fortinet's results beat estimates Wednesday, 22 Oct 2014 | 4:50 PM ET

    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...

  • Open Text profit boosted by cloud computing services Wednesday, 22 Oct 2014 | 4:17 PM ET

    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.

  • 'Silicon Beach' brings tech boom to Los Angeles Wednesday, 22 Oct 2014 | 1:41 PM ET

    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...

  • Oct 22- Data storage equipment maker EMC Corp cut its full-year profit and revenue forecast, hurt by lower bookings at its VMware Inc unit and a strong dollar. Shares of EMC, which is under pressure from activist investor Paul Singer's Elliott Management Corp to spin off VMware, fell as much as 4 percent in early trading. The unit, owned 80 percent by EMC, forecast...

  • 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...

  • BOSTON, Oct 22- The U.S. Department of Homeland Security is investigating about two dozen cases of suspected cybersecurity flaws in medical devices and hospital equipment that officials fear could be exploited by hackers, a senior official at the agency told Reuters. The products under review by the agency's Industrial Control Systems Cyber Emergency...

  • Oct 21- Software maker VMware Inc forecast current-quarter revenue largely below Wall Street's estimates due to a delay in the closing of a large U.S. government deal and lower bookings in Germany, Russia and Japan in the third quarter. VMware, which activist investor Elliott Management Corp wants separated from parent EMC Corp, makes software that creates a...

  • Oct 21- VMware Inc, bucking the trend of weak results from other software makers, reported a better-than-expected quarterly adjusted profit, helped by demand for its software that helps store data more efficiently and cut IT costs. VMware's shares were down 1.5 percent in after-market trade. Excluding items, VMware earned 87 cents per share in the third quarter...

  • Oct 20- International Business Machines Corp reported a marked slowdown in business in September and abandoned its 2015 operating earnings target on Monday, as weak client spending and a slumping software sector weighed down quarterly revenue. IBM shares fell nearly 7 percent to a three-year low, a blow for legendary investor Warren Buffett whose Berkshire...

  • SAN FRANCISCO, Oct 20- Microsoft Corp will provide free cloud-computing and research applications to qualified medical researchers working on the Ebola virus, the software company's chief executive said on Monday. Azure is the name of Microsoft's cloud-computing platform, essentially a group of datacenters that allow users to access large amounts of...

  • *Dow recovers from IBM earnings miss. NEW YORK, Oct 20- A measure of global equity markets rose on Monday after strong U.S. corporate results lifted Wall Street, despite a quarterly earnings miss from IBM, building on positive sentiment that grew out of a surge in Japanese shares. On Wall Street, IBM shares closed down 7.1 percent at $169.10.

  • APPLE CFO SAYS WILL ANNOUNCE FIRST WAVE OF NEW SOFTWARE APPS IN IBM PARTNERSHIP NEXT MONTH.

  • NEW YORK, Oct 20- U.S. "Both the Ebola scare and the expansion of ISIS have added jitters to the market and fear bids into the bond market," said Larry Milstein, head of government and agency trading at R.W. Pressprich& Co. in New York. "We feel the earliest is fourth quarter of next year when the Fed will take any action on rates," said Sean Simko, head of fixed-income...

  • *Portugal Telecom drops as Rioforte set for liquidation. *Nutreco, Adidas, Havas surge on M&A activity. EDINBURGH, Oct 20- European stocks fell on Monday, trimming gains made in the previous session, as a profit warning by SAP hit technology shares.

  • *Tech sector weaker with Gemalto also sliding. *Nutreco, Adidas, Havas surge on M&A activity. Dutch tech firm Gemalto fell 3.2 percent after Barclays cut the stock to underweight from overweight, joining SAP as a top faller on the STOXX 600 Technology index, which was down 2.8 percent.

 

  • 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

    Mark Berniker is CNBC's Silicon Valley/San Francisco Bureau Chief covering technology and digital media.

Squawk Alley

Re/code

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.