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Software Software

  • OR YEHUDA, Israel _ Magic Software Enterprises Ltd. on Tuesday reported fourth-quarter net income of $126,000. Magic Software expects full-year revenue in the range of $225 million to $230 million. Magic Software shares have risen 16 percent since the beginning of the year.

  • EAST RUTHERFORD, N.J. _ Amber Road Inc. on Thursday reported a loss of $4.5 million in its fourth quarter. For the current quarter ending in April, Amber Road expects its results to range from a loss of 15 cents per share to a loss of 12 cents per share. Amber Road expects full-year results to range from a loss of 43 cents per share to a loss of 32 cents per share, with...

  • NEW YORK, Feb 16- Financial services software developer OpenFin has raised $15 million in a funding round that included JPMorgan Chase& Co and the venture capital arms of high-speed trading firm DRW Trading Group and interdealer broker NEX Group Plc, the company said on Thursday. Other investors include venture capital firms Bain Capital Ventures, Nyca...

  • WASHINGTON/ NEW YORK, Feb 16- America's largest banks are to propose a complete overhaul of how financial institutions investigate and report potential criminal activity, arguing that rules imposed in the years after the Sept. 11, 2001 attacks and strengthened during the Obama administration are onerous and ineffective, sources said. The proposal, which...

  • NEW YORK, Feb 15- A Florida software engineer and a New Jersey pastor engaged in lies and corruption to facilitate an illegal bitcoin exchange business whose operators wanted to take over a small credit union to evade scrutiny, a federal prosecutor said on Wednesday. Attorney Won Shin told jurors that programmer Yuri Lebedev schemed with others to bribe Trevor...

  • WINDSOR, Conn. _ SS&C Technologies Holdings Inc. on Wednesday reported fourth-quarter earnings of $57 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share. SS&C Technologies shares have risen 15 percent since the beginning of the year.

  • FRANKFURT, Feb 14- Banking software provider Temenos posted better-than-expected quarterly results on Tuesday, topping a narrow range of analysts' forecasts while sticking with its base-line outlook calling for 10 to 15 percent growth over the next several years. The Swiss software maker reported revenue for the fourth quarter of $191.1 million, up 13...

  • NEW YORK— President Donald Trump's first weeks in office have spawned anxiety and even arguments at some workplaces, putting owners— especially at smaller companies— in the position of needing to protect peace and productivity. At software maker BetterWorks, CEO Kris Duggan has noticed a drop in productivity since Trump's Jan. 20 inauguration, with staffers...

  • Total operating expenses in the quarter rose to $77.4 million from about $43 million. However, net loss widened to $8.9 million, or 10 cents per share, in the fourth quarter, from $6.3 million, or 8 cents per share, a year earlier. Ottawa- based Shopify, which went public in May 2015, said revenue rose to $130.4 million from $70.2 million.

  • Feb 15- Canadian e-commerce software maker Shopify Inc reported a bigger quarterly loss on Wednesday as operating expenses jumped 80 percent. The company's net loss widened to $8.9 million, or 10 cents per share, in the fourth quarter ended Dec. 31, from $6.3 million, or 8 cents per share, a year earlier. Ottawa- based Shopify, which went public in May 2015, said revenue...

  • BARNSLEY, Britain _ MAM Software Group Inc. on Tuesday reported fiscal second-quarter earnings of $250,000. On a per-share basis, the Barnsley, Britain- based company said it had net income of 2 cents. MAM Software shares have risen roughly 6 percent since the beginning of the year.

  • BOSTON, Feb 14- Hedge fund manager Scott Ferguson, who has been a director on the board of design software maker Autodesk for nearly year, plans to leave the board as soon as a new chief executive is selected. "Upon appointment of the new CEO, I have agreed to step down from my position as a director, and the company has agreed to name a new mutually agreeable director to...

  • FRANKFURT, Feb 14- Banking software provider Temenos posted better-than-expected quarterly results on Tuesday, topping a narrow range of analysts' forecasts while sticking with its base-line outlook calling for 10 to 15 percent growth over the next several years. The Swiss software maker reported revenue for the fourth quarter of $191.1 million, up 13...

  • Apple's content play to keep its ecosystem dominance: Pro

    Brian White, Drexel Hamilton global head of technology hardware & software, gives his views on Apple including the company's services ecosystem and the iPhone.

  • PASADENA, Calif. _ Guidance Software Inc. on Monday reported a loss of $1.6 million in its fourth quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share. Guidance Software expects full-year revenue in the range of $112 million to $118 million.

  • Augmented reality smart glasses.

    Magic Leap investor Benedict Evans said worries over leaked photos allegedly showing technical problems are unwarranted.

  • Feb 9- Snap Inc, owner of the popular Snapchat app, said it expected to spend $1 billion over the next five years to use Amazon.com Inc's cloud services, in addition to the $2 billion cloud contract it already has with Google. Snap could be valued at between $20 billion and $25 billion, giving the company the biggest valuation in a U.S. technology IPO since Facebook...

  • HELSINKI, Feb 9- Finnish telecoms equipment maker Nokia said on Thursday it is seeking to buy local company Comptel for 347 million euros, as mobile operators increasingly rely on software to make their networks more intelligent. Nokia and its rivals, Sweden's Ericsson and China's Huawei have struggled recently as demand for faster 4 G mobile broadband...

  • Martin Shkreli, former Chief Executive Officer of Turing Pharmaceuticals

    A new SEC filing shows that Shkreli is involved in a tech start-up whose executives include a long-time Shkreli associate.

  • Feb 7- Software maker Autodesk Inc said on Tuesday that Chief Executive Carl Bass would step down, less than a year after it struck a deal with two activist investors agitating for changes at the company. Autodesk agreed last March to appoint three new directors to its board, including Scott Ferguson, managing partner of Sachem Head Capital Management.

 

  • Matt Hunter is the senior technology editor at CNBC.com.

  • Anita Balakrishnan

    CNBC.com news associate

  • Michelle Castillo CNBC

    Michelle Castillo is a reporter for CNBC Digital, covering advertising and media.

  • Ari Levy

    Senior Tech Reporter

  • Harriet Taylor

    Harriet Taylor is a CNBC.com technology reporter based in San Francisco.

  • Julia Boorstin

    Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.

  • Jon Fortt

    Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.

  • Josh Lipton

    Josh Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.