Recent Articles
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Microsoft CEO Sells $1.3B in Shares
(Reuters) – Microsoft Corp Chief Executive Steve Ballmer sold $1.3 billion worth of shares in the company, cutting his stake by about 12 percent, but said his first stock sale in seven years should not be taken as a lack of confidence in the world’s largest software firm. Ballmer said he will sell more shares…
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Oracle’s Ellison to Take the Stand in SAP, Oracle Trial
(Reuters) – SAP AG will get its chance to take on Oracle Corp CEO Larry Ellison on Monday when he takes the stand as the U.S. software maker’s star witness in a high-profile software theft trial. SAP, Europe’s largest software firm, has admitted to liability for theft of Oracle software files by a now-defunct subsidiary,…
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Dell Dumps BlackBerry for Dell Windows Phone 7 Smartphones
(Reuters) – Dell Inc will shift thousands of its employees off Research in Motion Ltd’s BlackBerry and over to Dell’s smartphones, the company said on Thursday. The money-saving switch affects the roughly 25,000 Dell employees who carry a company-issued BlackBerry. Dell employs around 100,000 people worldwide. Dell is also launching an effort to convince its…
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iPhone Infiltrating BlackBerry’s Strongholds: Banks
(Reuters) – Shares in Research In Motion slipped more than 3 percent on Friday morning as investors fretted the BlackBerry smartphone’s stranglehold on corporate communications was being eroded by rival devices. Bank of America and Citigroup have joined a growing throng of financial institutions eyeing alternatives to the BlackBerry for corporate email. The banks are…
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Research Shows Cloud Computing Improves Environment
Researchers are now compiling hard numbers that prove running enterprise applications in the cloud actually does complete a data center triple play by reducing costs, use of electricity and carbon emissions. A new study conducted on behalf of Microsoft, Accenture and WSP Environment & Energy released Nov. 4 shows enterprises running business applications in the…
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EMC, Isilon Acquisition Talk Cools
NEW YORK, Nov 4 (Reuters) – Shares of data storage company Isilon Systems (NASDAQ:ISLN) fell 7.4 percent on Thursday after a Wall Street Journal report said EMC Corp’s (NYSE:EMC) interest in a takeover deal had cooled. The two parties have not been able to agree on price, the Journal reported on its website, citing unnamed…