FRANKFURT/ WALLDORF, May 5- SAP Chief Executive Bill McDermott said his company has "zero interest" in acquiring software rival Salesforce.com. "We have zero interest in Salesforce.com." SAP is battling alongside established U.S. software makers such as Oracle, IBM and Microsoft to boost Internet-based software sales and fend off pure cloud-based rivals...» Read More
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.
Nortel Networks will pay $35 million to settle civil charges filed by U.S. regulators that accused the Canadian telecom equipment company of an accounting fraud that helped it meet Wall Street expectations.
Al Gore is having the kind of dream year that conjures up an image of a man cheated by the gods seven years ago, and those gods have been looking to make good on their mistake ever since. How else do you explain the kind of blockbuster year he's having? Oh sure, the guy's won the Oscar for "An Inconvenient Truth."
Random House, the world's biggest book publisher, is considering joining a book-search project run by Google, once considered an arch-enemy by the paper publishing industry.
JPMorgan Thursday said it expected Chinese Web search company Baidu.com to report third-quarter revenue in line with the Wall Street consensus but slightly below the investment bank's own previous target.
No love from the stock market today, and frankly, not even the most rabid bulls (and I am bullish) can complain. Think about it: September retail sales was even worse than were thought; many retailers lowered earnings: energy stocks lowered earnings yesterday...
A week from today, Google will report its third quarter earnings and judging by the booming action in Google shares these past few weeks, it would appear investors are anticipating something truly extraordinary.
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.
Niklas Zennstrom, co-founder of Internet telecom group Skype, said on Tuesday he agreed the original valuation put on the company by purchaser eBay was too high.
U.S. Web giant Yahoo will subscribe for 10% of the shares to be sold by China's largest e-commerce company, Alibaba.com, according to a term sheet, in an initial public offering that is expected to raise roughly $1 billion.
Sony's U.S. video games operation has created an advertising unit that will promote brands and products inside games such as its upcoming "Home" virtual world, the company said Monday.
Microchip maker Spansion said it will acquire Israeli flash memory developer, Saifun Semiconductors, in a stock and cash deal valued at $368 million to expand into technology licensing business.
MSNBC Interactive News said it acquired Newsvine, a small Seattle startup that lets visitors read and comment on news stories from mainstream media outlets.
The recent rush by major Internet portals to buy advertising companies and extend their sales networks is a sign that the business of being a one-stop shop for information and entertainment isn't what it used to be.
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.
When you hear the names Intel, Qualcomm and Texas Instruments, healthcare isn’t the first thing that comes to mind, but that could change.
Shares of Research in Motion took a bit of a hit in after-market trading the moment its earnings were released. Seems like a classic "sell on the news" kind of reaction, but this stock could yet turn around during the company's conference call.
U.S. online advertising revenue surged to a new high of nearly $10 billion in the first half of the year, rising 27 percent from a year before, according to data released Thursday.
Microsoft announced Thursday that its “Halo 3” game achieved more than $300 million in sales in the first week of sales.
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.