July 30- Canadian business software maker Open Text Corp reported a better-than-expected 42 percent jump in quarterly revenue, largely driven by higher demand for its cloud services. Open Text, which makes software that helps companies manage documents and workflow, bought privately held cloud services provider GXS Group Inc for $1.17 billion in November.» Read More
The news from tech seems pretty good at first blush, and it's coming from some surprising places. Most notably, the news from Yahoo and the shares are reacting nicely. More than nicely. Yahoo shares scampered 10% as this news trickled out, and I have to say, I'm surprised.
IBM posted a 6 percent rise in quarterly profit on strength in its services business, but profit margins narrowed.
Well, it's about time. That might be the familiar refrain coming from Apple investors as well as the Mac faithful who had to give up Leopard's place in the development line in favor of the company's new favorite flavor, the iPhone.
Microsoft said Tuesday it expects its unified communications product - the company's effort to link e-mail, instant messaging and phone systems over Internet networks - to become one of the fastest-growing segments of its $16 billion business division.
This will be a giant week for tech stocks and tech investors, beginning with three huge names reporting earnings Tuesday: Yahoo, Intel and IBM. So rather than focus on what these companies HAVE reported, I thought I'd focus on what to expect instead.
Here's part two of my what to expect posts on tech earnings this week: At Intel, a decidedly more upbeat outlook for the world's largest chipmaker Intel: The company took the unusual step of hosting a mid-quarter financial update a few weeks ago, raising its outlook and narrowing its gross margins to a healthy 52%.
Here's part three of my outlook for tech earnings this week: IBM might be the dark horse suitor to step in and snap BEA Systems right out from under Oracle. That could come up on the company's conference call.
Is there no end in sight for Google and its shares? Last week when the company was oh-so-close to $600, I wrote that price targets would be on the move now that the company was teasing investors with yet another key milestone on its journey to the stratosphere, and sure enough, Bear Stearns revised its 52-week target to $700 just two days later.
Shares in Google surged past a new benchmark of $600, fueled by investor confidence that the Web search leader's advertising technology will capitalize on new areas of the media industry.
As Oracle dashed around snapping up companies, SAP remained an aloof spectator. CEO Henning Kagermann insisted they would hold on to their number one spot in the business software market by growing organically. Today that policy has changed, and Kagermann is now chasing customers through acquisition.
Microsoft said Friday that Bungie, the crown jewel of its video game unit that was behind its hit "Halo" franchise, will become an independent company.
So close, but so far yesterday, and now it appears investors will have to wait a little longer for Google to hit that magic, $600 a share milestone. This isn't quite "Dow 10,000," but the numbers are nothing short of staggering.
Internet choices are dizzying -- but Fetchback says its technology can bring customers back to your Web site. Chad Little, Fetchback founder, tells CNBC's Bill Griffeth how it works.
Sales of flash memory chips used in digital cameras and music players surged 48% in August. The experts at CNBC's "Fast Money" tell how to play this boom.
I remember when eBay bought Skype for that staggering $3.1 billion and scratching my head, wondering what the connection was. I remember talking to CEO Meg Whitman soon after the deal was announced, listening to her tell me that Skype would make as much sense and be as important to eBay as PayPal was. I remember nodding, listening.
It's a consumer electronics invasion here at the Javitz convention center in New York City. 50,000 consumers will attend what's being billed as the biggest electronic expo FOR shoppers. Unlike the massive Consumer Electronics Show in Las Vegas, open only to the industry, everyone is welcome at DigitalLife.
Electronic Data Systems has agreed to pay nearly $500,000 to settle an investigation into accounting irregularities alleged to have occurred from 2001 to 2003.
I made the trek cross-country yesterday to front our exclusive Halo 3 release coverage from this Best Buy store at the corner of 44th and 5th Avenue in midtown Manhattan. This is one of 10,000 retailers nationwide that'll be hosting midnight-madness sales tonight to launch Halo 3 onto store shelves.
Inside of a week now to the year's most anticipated entertainment event. Not Shrek. Spider-man. Even Pirates. Nope, I'm talking Master Chief, Cortana. The Covenant. I'm talking "Halo 3."
Microsoft has launched a campaign behind the scenes to persuade internet companies, advertisers and regulators to oppose Google's planned $3.1 billion acquisition of online advertising group DoubleClick, the Wall Street Journal reported.
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.
To enter NYC, Lyft cut a deal with the taxi commission that eliminated the one thing that distinguished it from its rivals.
The deal shouldn't concern Realtors, but it could impact the National Association of Realtors, Collingwood Group's Tim Rood said.
"Our goal is to get as close to the experience the surfer is having," says the head of a pro surfing organization.