×

Software Software

  • NEW YORK, Dec 15- Wall Street's three major indexes scaled new heights on Friday, with all major sectors pushing higher as a long-awaited tax bill that would cut corporate tax rates looked like it would win support among lawmakers. Republicans were expected to release final details of their plan on Friday, with decisive votes in the House of Representatives and...

  • NEW YORK— A calendar quirk this year and Amazon's seven-days-a-week delivery capability are building pressure on retailers to deliver. But UPS said this month that some package deliveries were being delayed because of a surge of orders from online shoppers after Thanksgiving. And Walmart said around the same time that more online buying created delays in...

  • Dec 15- Wall Street major indexes scaled new heights on Friday, with all the major sectors pushing higher as the long-awaited bill to lower corporate tax rates enters the final stretch. The final Republican tax bill is to be unveiled in Congress later in the day, with the decisive votes from both the House of Representatives and the Senate expected next week.

  • The latest on developments in financial markets:. Stocks are closing higher on Wall Street as Congressional Republicans put the final touches on a tax overhaul plan. Costco Wholesale jumped 3.4 percent after reporting a strong quarter.

  • MUNICH, Dec 15- Siemens is partnering with Amazon as it accelerates the rollout of its MindSphere industrial software platform, the core of its bid to dominate the market in digital factory automation. "Many customers appreciate it very much," Siemens Chief Technology Officer Roland Busch told reporters and analysts at a company presentation in Munich on...

  • Dec 14- Oracle Corp on Thursday forecast current-quarter cloud revenue growth that missed Street expectations after reporting disappointing second-quarter sales in the same business, sending its shares down nearly 7 percent after hours. "Oracle has largely made the transition on SaaS but still have a lot of work ahead on transitioning the database...

  • Revenue in the company's cloud-based business rose 44 percent to $1.52 billion in the second quarter, but fell short of the $1.56 billion analysts had expected, according to Thomson Reuters data. The company's net income rose to $2.23 billion, or 52 cents per share, in the second quarter ended Nov. 30, from $2.03 billion, or 48 cents per share, a year earlier.

  • SAN JOSE, Calif. _ Adobe Systems Inc. on Thursday reported fiscal fourth-quarter profit of $501.5 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.15 per share. Nine analysts surveyed by Zacks expected $1.95 billion.

  • REDWOOD CITY, Calif. _ Oracle Corp. on Thursday reported fiscal second-quarter earnings of $2.23 billion. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share. Nine analysts surveyed by Zacks expected $9.55 billion.

  • Dec 14- Oracle Corp reported a 10 percent rise in quarterly profit on Thursday as the business software maker benefited from demand for its newer cloud services and a rebound in sales of its traditional on-premise software licensing business. The company's net income rose to $2.23 billion, or 52 cents per share, in the second quarter ended Nov. 30, from $2.03...

  • DETROIT— An 800- foot-tall centerpiece is coming to Detroit's resurgent downtown as the city continues to build momentum about three years after exiting the largest municipal bankruptcy in U.S. history. The 58- story building dominating the local skyline will rise on the site of the iconic J.L. Hudson's department store, whose 1983 closing epitomized...

  • HOUSTON— Federal prosecutors say a Houston businessman has been indicted in a $32 million investment scheme linked to a software development company he founded. The indictment says Davis made false statements to investors regarding the financial condition of Behavioral Recognition Systems Inc. Authorities estimate investors were defrauded out of $32...

  • The headquarters of the Russian cybersecurity company Kaspersky Lab in Moscow, Russia on Oct. 2, 2017.

    The ban caps a months-long effort to purge the Moscow-based antivirus firm from federal agencies amid concerns it was vulnerable to Kremlin influence.

  • JOHANNESBURG— South Africa's biggest corruption case since the end of apartheid has entangled not only the president and ruling party but also some major international companies, including U.S. firm McKinsey and KPMG. The web of allegations that has threatened to take down President Jacob Zuma and briefly sent the country into recession this year includes...

  • WASHINGTON, Dec 12- President Donald Trump signed into law on Tuesday legislation that bans the use of Kaspersky Lab within the U.S. government, capping a months-long effort to purge the Moscow- based antivirus firm from federal agencies amid concerns it was vulnerable to Kremlin influence. The ban, included as part of a broader defense policy spending bill that...

  • WASHINGTON, Dec 12- President Donald Trump signed into law on Tuesday legislation that bans the use of Kaspersky Lab within the U.S. government, capping a months-long effort to purge the Moscow- based antivirus firm from federal agencies amid concerns it was vulnerable to Kremlin influence. The ban, included as part of broader defense policy spending...

  • BEIJING, Dec 12- Amazon.com Inc said on Tuesday it was expanding its cloud computing business in China with a new local partner, aiming to win share in an increasingly crowded and highly regulated market. China launched strict new regulations in June that require foreign firms to store data locally and outsource hardware elements to local partners.

  • SAN FRANSICO, Dec 11- Apple Inc on Monday confirmed it had reached a deal to acquire Shazam Entertainment Ltd, the U.K.- based app that lets users identify songs by pointing a smart phone at the audio source. Technology news website TechCrunch reported the deal on Friday with a price of as much as $400 million, far short of the most recent $1 billion valuation for...

  • TORONTO, Dec 7- Canada's main stock index rose on Thursday, boosted by gains for financial and energy stocks and bounceback rises for discount store chain Dollarama Inc, commerce software company Shopify and Valeant Pharmaceuticals International Inc.. The Toronto Stock Exchange's S&P/TSX composite index unofficially ended up 106.9 points, or 0.67 percent,...

  • Dec 7- Industrial conglomerate Honeywell will take a 25 percent stake in Chinese software provider Flux Information Technology, placing a long-term bet on China's rapidly growing logistics industry. New Jersey- based Honeywell said on Thursday it would also form a joint venture with Flux that will serve customers outside China in the Asia-Pacific region.