Digital River shares rise after JMP Securities analyst upgrades company to 'Market Outperform'June 25th, 2009 Digital River shares jump on upgradeNEW YORK — Shares of e-commerce software service provider Digital River Inc. rose nearly 5 percent in afternoon trading after a JMP Securities analyst upgraded the stock to "Market Outperform" from "Market Perform," citing strong business fundamentals and strength in the company's digital download service business.
US research firm foresees decline in global IT spendingJanuary 13th, 2009 SAN FRANCISCO - Global purchases of information technology goods and services may decline by three percent in 2009, ending seven years of growth, US research firm Forrester said in its latest report on global IT market outlook
It said global IT purchases by businesses and governments will fall to $1.66 trillion. The decline is a distinct shift from 2008, when global IT purchases increased by eight percent.
CDC Software to acquire business intelligence solutions for manufacturingOctober 5th, 2009 CDC to acquire business intelligence providerATLANTA — Business software developer CDC Software Corp. said Monday it has agreed to an all-cash purchase of a provider of business intelligence solutions for manufacturing intended to help expand its presence in the food and beverage, consumer packaged goods and automotive markets.
Open-source camera may help reinvent digital photographySeptember 4th, 2009 WASHINGTON - Stanford scientists may revolutionize digital photography with the aid of an open-source digital camera, which will give programmers around the world the chance to create software that will teach cameras new tricks. Marc Levoy, professor of Computer Science and of Electrical Engineering, says if the technology catches on, camera performance will be no longer be limited by the software that comes pre-installed by the manufacturer.
Publicis to buy Microsoft's Razorfish for cash & stock; Razorfish to operate under brand nameAugust 9th, 2009 Publicis to buy Microsoft's Razorfish for $530MNEW YORK —French advertising company Publicis Groupe SA has agreed to buy Microsoft Corp.'s digital advertising firm Razorfish in a move to boost its share of advertising on the Web, according to a joint statement released Sunday. The deal is valued at $530 million, comprised of cash and 6.5 million Publicis Groupe treasury shares.
Digital River posts better-than-expected 2nd-quarter earnings and revenue, but outlook weakJuly 30th, 2009 Digital River 2Q profit falls but beats estimatesMINNEAPOLIS — E-commerce software provider Digital River Inc. on Wednesday reported better-than-expected adjusted profit and sales for the second quarter, but forecast third-quarter profit below analyst estimates, sending shares tumbling in aftermarket trading.
Now, computer that learns sign language by watching TVJuly 9th, 2009 LONDON - British scientists have developed a software program that can enable computers to learn sign language by watching TV. It learns sign language by absorbing TV shows that are both subtitled and signed.
Compuware sells application testing software line to Britain's Micro Focus for $80MMay 6th, 2009 Compuware sells software line to British companyDETROIT — Business software and services provider Compuware Corp. says it's selling an applications testing software line to Britain's Micro Focus International PLC for $80 million.
Digital River forecasts 2nd-quarter earnings shy of Wall street's expectationsApril 29th, 2009 Digital River forecasts 2Q earnings below views
MINNEAPOLIS — E-commerce software service company Digital River Inc. said Wednesday it is "cautiously optimistic" about its outlook for 2009.
Comcast 1st-qtr profit up 6 pct on new customers, especially in digital cable, phone, InternetApril 30th, 2009 Comcast 1Q profit up 6 percent on new customersPHILADELPHIA — Shares of Comcast Corp. rose Thursday after the nation's largest cable TV provider reported a 6 percent increase in first-quarter earnings and said it gained more subscribers than expected, without having to do much discounting.
Cordys enables business process automation for Google AppsMay 8th, 2009 PUTTEN - Cordys, a leading provider of software for business process innovation, has joined the Google Enterprise PartnerT program and is delivering structured workflow capabilities to the Google AppsT suite of communication and collaboration tools. Cordys Process Factory for Google Apps supports organizations of any size using Google Apps as part of their core business processes and projects.
Compuware to buy Web applications manager Gomez Inc. for $295 million in cashOctober 7th, 2009 Compuware to buy Gomez Inc. for $295 million cashDETROIT — Compuware Corp., whose software improves the performance of computer programs used by companies to run their operations, said Wednesday it is acquiring Gomez Inc.
Bharat Sanchar Nigam ties up with MicrosoftJune 23rd, 2009 NEW DELHI - State-run telecom operator Bharat Sanchar Nigam Ltd (BSNL) Tuesday announced a long term partnership with Microsoft Corp to offer software solutions to its customers. The first product to be launched under the the BSNL Managed SaaS (Software as a Service) brand will be business mail services, the company said in a statement.
SunTec, Seachange partnership offers integrated IPTV billing solutionSeptember 14th, 2009 Amsterdam (Netherlands)/ TRIVANDRUM - SunTec, the leading provider of convergent transaction pricing and billing solutions for the Communication, Media and Entertainment industry, has partnered with video-on-demand, IPTV and advertising software and systems leader SeaChange International to offer television service providers globally automated provisioning of IPTV consumers and accounts in 'near real time', while supporting complex revenue sharing business rules. The SunTec and SeaChange partnership has already resulted in the integration of SunTec's convergent billing solution, TBMS-T, with SeaChange's TV Navigator IPTV middleware for the Smart Digivision's MyWay (http://www.myway.in) IPTV service.
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.