Topic: Information Technology

Oracle miss sparks Wall St fears of spending cuts

(Reuters) - Oracle Corp's dismal quarterly results sent shock waves across the technology sector as investors feared they may have overestimated the resilience of corporate tech spending in a deteriorating global economy.The first earnings miss in a decade from Oracle, whose ...

Oracle's miss sparks Wall St fears of spending cuts

(Reuters) - Oracle Corp shares fell 14 percent on Wednesday, a day after its earnings missed analysts' expectations, dragging down the technology sector as investors feared the rare miss was a sign corporate America may be pulling back on tech spending.Troubles at ...

Insight: How renewable energy may be Edison's revenge

LONDON (Reuters) - At the start of the 20th century, inventors Thomas Alva Edison and Nikola Tesla clashed in the "war of the currents." To highlight the dangers of his rival's system, Edison even electrocuted an elephant. The animal died in vain ...

Oracle falls as slow tech spending hurts business

(Reuters) - Oracle Corp shares dropped 14 percent on Wednesday, a day after the world's No. 3 software maker's weak quarterly results and disappointing outlook stoked renewed fears of a slowdown in global tech spending.The company's quarterly profit and ...

Instant view: Oracle software, hardware results disappoint

(Reuters) - Oracle Corp fell well short of Wall Street's expectations on both hardware and software sales in its fiscal second quarter, wiping more than 8 percent off its shares.Commentary:MICHAEL NEMEROFF, ANALYST, MORGAN KEEGAN & CO"The licensing revenue came in ...

Greenpeace friends Facebook

Greenpeace made peace with Facebook, forming an alliance with the world's leading social network to promote more earth-friendly data centers."We are working in partnership with Greenpeace and others to create a world that is highly efficient and powered by clean ...

ABB to power Facebook data center in Arctic Circle

ZURICH (Reuters) - Swiss engineer ABB has won an $11 million contract to power Facebook's first data centre outside the United States, covering an area in the Arctic Circle equivalent to 11 soccer pitches, it said on Thursday.Facebook chose Lulea, northern ...

U.S. appeals court revives Oracle overtime lawsuit

(Reuters) - A federal appeals court on Tuesday revived a class-action lawsuit against Oracle Corp, basing its ruling on a state court decision that employers in California must pay nonresident workers for overtime work performed in the state.The U.S. Court of ...
Posted on 06/03/11 at 11:30pm by Benzinga Staff . VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 3, 2011) - Apella Resources Inc. (TSX...
Posted on 04/25/11 at 8:06am by Benzinga Staff . Visa Inc. (NYSE: V ) announced that its Board of Directors had declared a quarterly dividend in...