Yahoo says laying off nearly 700 workers will cost $30M to $34M in 2nd-quarter chargesJune 19th, 2009 Yahoo to write down as much as $34M for layoffs
SUNNYVALE, Calif. — Yahoo Inc.
Accenture's 3Q profit slides on lower revenue, but tops estimate and raises full-year viewJune 26th, 2009 Accenture reports better-than-expected 3Q profitNEW YORK — Business consultant and outsourcing company Accenture Ltd. said its fiscal third-quarter profit declined, mainly due to the negative effects of the stronger dollar on international sales, but still topped Wall Street estimates.
Solera Holdings sees fiscal 2010 earnings, revenue gainsAugust 28th, 2009 Solera sees fiscal 2010 earnings, revenue gainsSAN DIEGO — Solera Holdings Inc., which provides software and services for the auto insurance claims industry, said Thursday it expects to earn an adjusted profit of between $1.76 per share and $1.83 per share for the fiscal year 2010. Analysts polled by Thomson Reuters forecast a profit of $1.82 per share for the fiscal year ending in June.
MySpace buys social music app iLike for $20 million as site aims to restore lost lusterAugust 19th, 2009 MySpace buys iLike in bid to restore lost lusterLOS ANGELES — Social networking hub MySpace said Wednesday it is acquiring iLike, a popular music application on rival Facebook, in the first move by new management to restore some of its lost luster on the Internet. The $20 million agreement to purchase iLike confirmed rumors that had circulated this week and was the first play that new CEO Owen Van Natta has made to expand MySpace's Web footprint after a series of drastic cuts and writedowns.
NASA astronaut has more than a million followers on twitterOctober 3rd, 2009 WASHINGTON - The first astronaut to tweet from space has passed an important social media milestone, as in he now shares his daily experiences with more than a million followers on the micro-blogging service. The astronaut in question is NASA's Mike Massimino, known as @Astro_Mike on Twitter.
NASA astronaut becomes first man to use Twitter from spaceMay 14th, 2009 LONDON - Mike Massimino, a member of the NASA crew sent to Hubble, has become the first man to have sent a Twitter message from out of space. Accoridng to a report in the Telegraph, his first tweet proclaimed: "From orbit: Launch was awesome!! I am feeling great, working hard, and enjoying the magnificent views, the adventure of a lifetime has begun!"
His second, sent via the computers on board the space shuttle Atlantis, said:
"From orbit: Getting more accustomed to living in space today and getting ready for our big rendezvous with hubble."
Twitter, the popular micro-blogging service, has been used by thousands of people in unusual and controversial locations.
Compuware CEO Karmanos sees compensation dip 29 percent in 2009 to $4.2 million: AP tallyJune 5th, 2009 AP: Compuware CEO Karmanos compensation dips
NEW YORK — Mainframe software maker Compuware Corp.'s chief executive, Peter Karmanos Jr., was awarded compensation for fiscal 2009 valued at $4.2 million, down 29 percent from a year earlier, according to an Association Press calculation. Karmanos, 66, received a salary of $1.2 million, up from $1.05 million a year earlier.
MySpace buys social music app iLike for $20 million after series of painful cutsAugust 19th, 2009 MySpace scoops up popular Facebook app iLikeLOS ANGELES — Social networking hub MySpace said Wednesday it is acquiring iLike, a popular music application on rival Facebook, in the first move by new management to expand after a series of drastic cuts and writedowns. The $20 million agreement to purchase iLike confirmed rumors that had circulated this week.
Standard Microsystems posts 1st-qtr loss as revenue slides, but outlook sends shares higherJune 25th, 2009 Standard Microsystems post 1Q loss, lower salesHAUPPAUGE, N.Y. — Chip maker Standard Microsystems Corp.
Yahoo cashes out of Alibaba.com investment; sale expected to produce $150 million windfallSeptember 14th, 2009 Yahoo sees $150M windfall from Alibaba.com saleSUNNYVALE, Calif. — Yahoo has cashed out of its investment in China's leading e-commerce site, Alibaba.com.
Business software provider QAD's 2nd-quarter loss essentially flat, revenue down 26 percentAugust 25th, 2009 QAD reports flat 2Q loss, sees small 3Q profitSANTA BARBARA, Calif. — Business software provider QAD Inc.
US launches all out cyber war against hackersMay 30th, 2009 WASHINGTON - Computer hacking is becoming a growing threat and the US Department of Homeland Security sees it as a future battleground. To counter this new menace, the department has instructed the Air Force Office of Special Investigations to launch a cyber war against hackers seeking to disrupt and destroy vital U.S.
IT firm expands operations with $4-mn green data centreFebruary 26th, 2009 BANGALORE - IT infrastructure solutions and services firm Frontier Business Systems has set up a $4-million (Rs.200 million/Rs.20 crore) green data centre here to expand its operations across the country, the company said Thursday. 'The data centre's green virtualisation solutions will enable enterprises to reduce cost while improving business service availability, agility and performance,' Frontier chief executive Ravi Verdes said in a statement.
NASA's new Twitter strategy: Se Habla Espanol; Astro_Jose to tweet bilingually from spaceJuly 2nd, 2009 NASA astronaut takes Twitter to space en EspanolWASHINGTON — NASA has tweeted in space, but now one of its astronauts is breaking a new space Twitter barrier. He'll tweet from space in Spanish and English.
Germany fines Microsoft for anti-competitive pricingApril 9th, 2009 BONN - Germany's main competition agency, the Federal Cartel Office, Wednesday slapped a fine of 9 million euros ($12 million) on US software company Microsoft for imposing a retail price for its Office Home and Student 2007 software. Microsoft said it would pay the fine to avoid a lengthy legal dispute and was reviewing its internal processes in Germany to ensure they complied with German law in future.