Silicon Valley is "alive and well," but the level of prosperity depends on the tech sector, Oracle Chairman Jeffrey Henley tells CNBC.» Read More
But Romania ranks as the European Union's second-poorest state and among the weakest in collecting taxes and fighting fraud, making it poorly equipped to manage the bitcoin.
WASHINGTON, July 15- The U.S. House of Representatives voted on Tuesday to ban permanently any taxation of Internet access, a prohibition that is temporary and currently set to expire in 16 weeks. The approval came on a voice vote, sending the legislation next to the Senate, where it also has bipartisan support.
The 45-mile stretch between San Francisco and San Jose has long been fertile ground for tech underdogs to rent out billboards and attack competitors.
IBM announced it will invest $3 billion in chip research and development in hopes of finding a game-changing breakthrough.
WASHINGTON, July 9- IBM announced on Wednesday it will invest $3 billion over the next five years in chip research and development in hopes of finding a game-changing breakthrough that can help revive its slumping hardware unit. IBM announced the plan a week before its widely anticipated second quarter earnings.
It's been a decade since Salesforce.com's IPO that introduced cloud software. Now industry-focused applications are set to grow.
U.S. Treasury bonds rose and the yield curve steepened on Wednesday after a big jump in private payrolls.
NEW YORK, June 30- Oracle Corp on Monday launched a US $10 billion seven-part bond offering to finance its pending acquisition of Micros Systems and potential share buybacks as it looks to boost growth. Oracle, the world's number two business software maker, announced it was buying Micros Systems last week.
For Japan, a tax cut at the center of PM Shinzo Abe's latest growth strategy will end up giving with one hand - and taking back with the other.
TOKYO, June 30- For corporate Japan, burdened by one of the industrialised world's steepest tax rates, a tax cut at the centre of Prime Minister Shinzo Abe's latest growth strategy will end up giving with one hand- and taking back with the other.
June 26- Hewlett-Packard Co has won the dismissal of a lawsuit accusing the computer maker of securities fraud for misleading shareholders about its commitment to ethics while its chief executive was allegedly engaging in sexual harassment. Hurd, who is now president of Oracle Corp, had won wide credit at HP for improving the company's fortunes.
AMSTERDAM/ SAN FRANCISCO, June 26- Dutch healthcare and lighting company Philips said on Thursday it was teaming up with Salesforce, one of the first cloud-computing companies in the United States, to offer online management of chronic diseases.
SAN FRANCISCO, June 26- Couchbase, a company that helps companies deal with the vast troves of data scattered around the Internet, said on Thursday it raised $60 million, further enabling it take on incumbents such as Oracle Corp and Microsoft Corp..
Some of the names on the move ahead of the open.
Stocks fell Monday, with the Dow industrials and S&P 500 not far from record highs.
*Wisconsin Energy to buy Integrys for $9.1 bln. *ParkerVision plummets on its heaviest-ever volume. "Right now we're digesting last week's gains and keeping an eye on all the economic data that's coming out this week," said Leo Grohowski, who oversees more than $184 billion in client assets as chief investment officer at BNY Mellon Wealth Management in New York.
*Wisconsin Energy to buy Integrys for $9.1 bln. Financial data firm Markit's Composite Purchasing Managers' Index for the euro zone fell more than expected, though the HSBC/ Markit Flash China Manufacturing Purchasing Managers' Index rose into expansion territory for the first time in six months.
Take a look at some of Monday's midday movers: FMC, Meritor, Micros Systems & more.
*Wisconsin Energy to buy Integrys for $9.1 bln. *Oracle to buy Micros for $68 per share. Financial data firm Markit said its preliminary, or "flash," U.S.
Oracle agreed to buy Micros Systems in a $5.3 billion deal, Dow Jones reported Monday.