After just missing a transpacific record in 2013, LendingClub's Renaud Laplanche is back with a bigger and faster yacht.» Read More
MANNHEIM, Germany, May 20- German software company SAP's chief executive once again ruled out any move to acquire Salesforce.com, then went further by saying that its richly valued rival is unlikely to be acquired by any other player in the industry. Microsoft, Oracle, IBM and SAP have all been touted as potentional buyers of Salesforce, which last month said it had...
The New York Times reports in its Equilar ranking that executive pay is at its highest since it started keeping track in 2006, NYT reports.
SAN FRANCISCO/ WASHINGTON, May 15- The Obama administration has been locked in internal wrangling over what position to take in high profile litigation between two American technology giants, Google and Oracle, according to multiple sources familiar with the discussions. Oracle won a federal appeals court ruling last year that allows it to copyright parts of...
NEW YORK, May 13- Limelight Networks Inc did not directly infringe a patent on managing Web images and video held by rival Akamai Technologies Inc because it did not carry out all the steps, a U.S. appeals court ruled on Wednesday. The case dates to 2006, when Akamai accused Limelight of infringing on its patented technology for efficiently handling website...
This company is upending the $30 billion database market by offering database technology as a subscription service, training included.
Nutanix simplifies data centers by integrating servers and storage into one solution that can be up and running in an hour or less.
Silicon Valley is voting for Marc Benioff to keep his tech darling Salesforce.com out of the hands of Microsoft or Oracle.
Just five US companies are hoarding nearly half a trillion dollars as the country’s tax code and a tepid global economy deter firms from spending.
Microsoft is not weighing an offer for Salesforce.com, dampening speculation that it could be drawn into bidding for the cloud software company.
Apple's deft debt offering highlights the role that low rates have played in supporting the market.
LAS VEGAS, May 6- Hedge fund mogul Daniel Loeb on Wednesday took aim at the " Oracle of Omaha," calling beloved billionaire Warren Buffett a hypocrite. He criticizes activists but he was the first activist, "Loeb, who runs $17.5 billion hedge fund Third Point, said about Buffett who has been running conglomerate Berkshire Hathaway for 50 years. Loeb, known in investment...
U.S. stocks closed lower, reversing a positive open, as investors weighed higher yields and energy prices ahead of Friday's important jobs report.
As execs at Salesforce consider whether or not to sell, one firm in particular is the most likely buyer, said a person familiar with their thinking.
Despite reports that Microsoft is interested in buying Salesforce.com, Oracle is still the most likely buyer, analysts said Wednesday.
Rick Sherlund, Nomura Securities, shares his thoughts on rumors Microsoft may be mulling a potential bid for Salesforce.com, and weighs in on other contenders considering a cloud play.
Samad Samana, FBR Capital Markets, weighs in on potential suitors for Salesforce.com, and big tech's quest to conquer the cloud.
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...
Unicorns, start-ups valued at $1 billion or more, are Silicon Valley's sexiest bets, and it's a trend about to become increasingly global.
May 4- Cisco Systems Inc Chief Executive John Chambers will step down in July after 20 years at the helm of the network equipment maker, a symbol of the dot.com stock boom 15 years ago now struggling to boost its bottom line in the era of cloud computing. Wall Street analysts said a change was expected and could signal a refocusing of Cisco, which acquired dozens of...
Cisco Systems on Monday named Chuck Robbins as its next CEO, effective July 26.