Nest Labs Dropcam acquisition set for $555m
The Nest Labs Dropcam acquisition is the latest move in Google’s quest to get more intimately into customer’s homes. Nest Labs, which belongs to...
Oracle fourth quarter net income down 4%
Oracle fourth quarter net income declined by 4% to $3.6 billion compared to the fourth quarter a year ago, the company announced. Oracle shares...
Blackberry profit for Q1 Fiscal 2015
A Blackberry profit for the first quarter of Fiscal 2015 surprised analysts and sent shares up by 10% in pre-market and 14% in mid-morning trading.
Net...
Adobe shares reach record high
Adobe shares were up 6% to a record $71.60 after the news of its second quarter earnings of $1.07 billion, a rise of 16%,...
Oracle MICROS Systems deal closer
An Oracle MICROS Systems deal worth more than $5 billion is getting closer, as Oracle CEO, Larry Ellison, moves to add software for restaurants...
Alibaba publishes updated earnings and sales data
Under pressure from investors before what is likely to be the largest ever IPO, Chinese giant Alibaba publishes updated earnings and sales data, as...
Intel revenue forecast up
With the PC market shrinking who would have expected an optimistic Intel revenue forecast? The semiconductor chipmaker has announced accelerating demand and a pickup...
FCC investigates Netflix versus Verizon feud
The Federal Communications Commission (FCC) is to investigate the Netflix versus Verizon feud. Over the last few weeks Netflix has blamed Verizon for slow...
Were dying traditional newspapers killed by the Internet?
Most people believe that dying traditional newspapers got that way because of the internet. Before people started using the web in the mid-1990s, traditional...
PayPal president joins Facebook
David Marcus, PayPal president joins Facebook, he is leaving on June 27th to head the social networking giant's messaging products division, a standalone app...