German business software maker SAP reported mixed quarterly results on Tuesday as revenues topped expectations.» Read More
May 20- Salesforce.com Inc, the subject of takeover speculation for the past few weeks, raised its revenue forecast for the full year, after the cloud software company reported a profit for the first time in seven quarters. Bloomberg reported last month that Salesforce had been approached by a potential buyer. SAP, along with Microsoft Corp, Oracle Corp and IBM,...
May 20- Cloud software company Salesforce.com Inc, the subject of takeover speculation for the past few weeks, reported a 23 percent jump in quarterly revenue, helped by an increase in demand for its web-based sales and marketing software. The company reported net income of $4.1 million, or 1 cent per share, in the first quarter ended April 30, compared with a loss of...
The cloud computing company—which has been the recent focus of takeover rumors—saw revenue rise 23 percent year over year.
Should you invest in fixed income when corporations are all too eagerly selling new bonds in staggeringly large amounts? Likely not.
There has been a lot of speculation about Salesforce as an acquisition target but bulls say to stick with the stock.
Salesforce.com reports earnings after the bell on Wednesday, and some are betting the stock will rise, well, to the clouds.
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.