After 12 years investing in tech companies, Bob Morse found a corner of the market that's ignored. He started Strattam Capital to fund them.» Read More
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...
NEW YORK, Oct 20- Corporate America's cash stockpile increased to a record $1.65 trillion in mid-2014 from $1.64 trillion at the end of 2013, although the pace of growth has slowed sharply, Moody's Investors Service said on Monday. "U.S. corporate cash balances continue to grow on the back of modest economic expansion," Richard Lane, Moody's senior vice president,...
*Sees 5.6- 5.8 billion euro operating profit in 2014. FRANKFURT, Oct 20- German software maker SAP cut its 2014 operating profit forecast on Monday as customers shifted faster than expected to products delivered over the Internet, delaying when those orders can be booked as sales. SAP said it now expects 2014 operating profit, excluding some special items, of 5.6...
BOSTON, Oct 14- Three Google Inc researchers have uncovered a security bug in widely used web encryption technology that they say could allow hackers to take over accounts for email, banking and other services in what they have dubbed a "Poodle" attack. "If Shellshock and Heartbleed were Threat Level 10, then Poodle is more like a 5 or a 6," said Tal Klein, vice...
Microsoft CEO Satya Nadella was widely derided Thursday for his foot-in-mouth statement at an event celebrating women in computing. During his stage interview, Microsoft director Maria Klawe asked Nadella to give advice to women who want to advance their careers but are uncomfortable asking for promotions and raises. He didn't say if he has employed that...
SAN FRANCISCO, Oct 8- Google Inc has asked the U.S. Supreme Court to wade into contentious litigation against Oracle Corp, arguing that the high court must act to protect innovation in high tech. Google's request, filed on Monday, seeks to overturn an appeals court ruling that found Oracle could copyright parts of the Java programming language, which Google used to...
Dan Ives of FBR Capital and the CNBC "Fast Money" traders discuss which companies could be next to split.
SAN FRANCISCO, Sept 30- Larry Ellison was the main draw for tens of thousands of technology professionals at Oracle Corp's annual conference in San Francisco on Tuesday, where he joked about losing his name after relinquishing his role as the company's CEO.
Oracle's CEO spoke about the company's acquisition strategy and dismissed skeptics who doubt Oracle's future in the cloud era.
Oracle's newly minted co-CEO Mark Hurd talks about the tech company's growth drivers and its unusual management structure.
Think unrest overseas is causing the wild swings in the market? You're half right. But there's something else.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
BOSTON, Sept 26- Oracle Corp warned customers on Friday that more than 30 products are vulnerable to the "Shellshock" bug, including its high-end Exadata computer systems.
Sept 23- Oracle Corp's Larry Ellison, who is stepping aside as chief executive officer, took less money home in fiscal 2014 that the year before following criticism of his compensation and concerns about the software company's struggles against smaller rivals.
Sept 23- Oracle Corp's Larry Ellison, who is stepping aside as CEO, received $67.3 million as compensation in that role in 2014, a 15.5 percent drop from a year earlier. Oracle surprised Wall Street last week with the announcement that Ellison would be replaced by presidents Safra Catz and Mark Hurd..
A year after his company went private, Michael Dell talked about the PC business, whether he'll take Dell public again, and cloud startup valuations.
Sept 23- Oracle Corp's Larry Ellison's salary as chief executive dropped 15.5 percent to $67.3 million in 2014, according to a company filing on Tuesday. Oracle surprised Wall Street last week with the announcement that Ellison was stepping aside as CEO to be replaced by presidents Safra Catz and Mark Hurd in a joint role..
Aging technology giants are having a hard time staying relevant in today's post-PC world, and some are looking for deals to push growth. NYT reports.
Tell us which of these entrepreneurs do you admire the most?
NEW YORK, Sept 19- If Larry Ellison sailed off on his yacht for good tomorrow, who would really run Oracle Corp? Of 12 analysts who replied to an anonymous poll, five said Catz would likely run Oracle, while only one voted for Hurd, 57. Four said both would continue to run the company, one said neither, and one plumped for dark-horse internal candidate Thomas Kurian.