Recent Articles
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Salesforce.com Posts Quarter Profit But Forecast Disappoints
By Jim Finkle SAN FRANCISCO, May 20 (Reuters) – Salesforce.com Inc (NYSE:CRM) issued a full-year profit outlook at the low end of Wall Street projections as the Web-based software maker plans to increase spending to fuel sales growth. Salesforce, whose shares fell 5.6 percent in after-hours trading, said profit will also be hurt by costs…
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Dell Quarter Sales Beat Estimates, But Supplies Tight
SAN FRANCISCO (Reuters) – Dell Inc’s (NASDAQ:DELL) quarterly sales and profit beat expectations but its gross margin fell short of analysts’ forecasts and the computer maker warned that components supply will remain tight. Dell, whose shares fell 3 percent after the results on Thursday, has been struggling to boost profitability due to both sales of…
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Google, VMware Partner for Cloud Development, Portability
Google is partnering with VMware on what the companies are calling cloud portability – technologies that make it easy for Java developers to use their standard tools to develop web applications. The partnership falls under the Google App Engine for Business, a set of technologies that enable companies to create and deploy their own applications…
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Ups and Downs of Acquisitions
While it may not feel like it to everyone, the economy is definitely rebounding. Tech vendors, solution providers and managed services are all reporting robust increases in customer interest and sales activities. And, as the latest round of corporate earnings has shown, the tech industry is once again generating healthy profits. Beyond the revenue and…
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Amazon S3 Offers Value Option for Online Backup
Amazon Web Services, perhaps feeling pressure from a spate of competing services from conventional storage companies as well as startups, came out May 19 with what amounts to a price cut option for its Simple Storage Service cloud backup service. Amazon S3 Reduced Redundancy Storage is designed to store noncritical, reproducible data and files at…