BMC Software Soars After Elliott Associates Buys In
Shares of BMC Software, which specializes in enterprise products, soared nearly 10 percent after Elliott Associates, the venerable New York hedge fund, said it has acquired a stake above 5 percent.
Ex-Yahoo CEO?s Cancer Diagnosis Led To Quit Decision
Former Yahoo (Nasdaq: YHOO) CEO Scott Thompson quit in part because of a recent diagnosis of thyroid cancer, the Wall Street Journal reported.
Memo To Loeb: You Broke Yahoo -- 5 Ideas to Fix It
Congratulations, the good guys finally won. You and your team, with help from other institutions, have ousted CEO Scott Thompson, elected three Third Point nominees to the board, removed another handful of management nominees and effectively control the company. Now what?
Yahoo Shares Rise After Dissidents Oust CEO Thompson
Shares of Yahoo Inc. (Nasdaq: YHOO), the No. 3 search engine, rose nearly 3 percent in Monday trading after dissident shareholder Daniel Loeb knocked out the CEO and took control of the company.
Technology Focus: Will The Good Guys Win At Yahoo?
For months, Yahoo has been in crisis. Market share fell. CEO Carol Bartz was fired. A Chinese tycoon said he?d buy the company.
Zuckerberg Pal Saverin Forfeits US Passport Pre-IPO
Eduardo Saverin, a Harvard buddy of Facebook (Nasdaq: FB) CEO Mark Zuckerberg, surrendered his U.S. passport last year when he renounced citizenship, the U.S. Internal Revenue Service said.
Resume Embellishment? Yahoo?s CEO Not Alone
Rather than deal with business, directors of Yahoo (Nasdaq: YHOO), the No. 3 search engine, have been busy all week in the ?resume embellishment? scandal that forced one director to quit and put the CEO under a cloud.
Twitter Acquires RestEngine To Boost Marketing
Twitter, the mobile messaging giant, said it had acquired RestEngine, a social marketing company specializing in emails, mainly to obtain its developers.
Yahoo Annual Meeting Showdown: May 17
The battle for control of Yahoo (Nasdaq: YHOO), the No. 3 search engine, will be fought next Thursday, the company confirmed.
Microsoft Going ?Carbon Neutral? On July 1
Microsoft (Nasdaq: MSFT), the world's biggest software company, said it will go ?carbon neutral? on July 1, the start of its new fiscal year.
Facebook IPO: Could FTC Probe Throw Wrench Into Deal?
Facebook (Nasdaq: FB), the No. 1 social network, is facing a probe into its acquisition of Instagram that could delay its $100 billion initial public offering.
IBM Costa Rica Delivery Center Deepens New Latin America Push
International Business Machines Corp. (NYSE: IBM), the No. 2 computer maker, opened a new services delivery center in Costa Rica, spearheading a $300 million investment there.
AOL Shares Gain On Earnings, Microsoft Payment To Investors
Shares of AOL (NYSE: AOL), the No. 7 website, rose slightly after the company reported better-than-expected first-quarter results and promised to pass on $1 billion in patent payments to shareholders.
Cisco Systems Shares Plunge On Weak Outlook; Erases $10B In Value
Shares of Cisco Systems (Nasdaq: CSCO) plunged nearly 11 percent after the company projected weaker-than-expected results for the current quarter.
Cisco Systems 3Q Results Beat Estimates As Growth Returns
A corporate diet, better focus and the explosion of ?Big Data? sent earnings up for Cisco Systems (Nasdaq: CSCO), the No. 1 provider of Internet equipment.
Apple?s ?Correction?: 5 Reasons Why The Shares Have Declined
A month ago, shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, closed at their record high of $628.64. On April 10, they hit their all-time high of $644. Now they are at $570.
Third Point Notches Another Win: Yahoo Director Resigns
Third Point, the New York hedge fund that owns 5.8 percent of Yahoo (Nasdaq: YHOO), the No. 3 search engine, scored another victory late Tuesday as the company formally announced a director would quit.
New Juniper Survey Finds Mobile Users Lack Trust
Sales of smartphones and tablets are skyrocketing but consumers report they don?t necessarily trust online or mobiles services to be secure, a new survey found.
Third Point Scores Again: Yahoo Director To Quit Over Falsification
Third Point Capital, the New York hedge fund with a 5.8 percent stake in Yahoo (Nasdaq: YHOO), the No. 3 search engine, has scored again. Also, Yahoo's director has agreed to quit.
Cisco Systems 3Q Earnings Preview: Going Up
A corporate diet, better focus and the explosion of ?Big Data? is expected to send earnings up for Cisco Systems (Nasdaq: CSCO), the No. 1 provider of Internet equipment.
Oracle Shares Fall Despite Narrow Victory Over Google In Patent Suit
Shares of Oracle (Nasdaq: ORCL), the world's biggest database developer, fell despite the company?s apparent victory over Google (Nasdaq: GOOG), the No. 1 search engine, in a vicious patent lawsuit.
Third Point Draws Blood: Yahoo CEO Tells Staff He?s To Blame For Lies
Activist investor Third Point Capital has drawn blood in its war to knock out management of Yahoo (Nasdaq: YHOO), the No. 3 search engine: CEO Scott Thompson has apologized for lying.
Angry Birds IPO? Maybe 2013, Rovio CEO Says
Rovio, the Finnish developer of ?Angry Birds,? may be ready for an initial public offering next year, CEO Mikael Hed said.
Yahoo Shares Rise As Third Point Escalates Demand For Records
Shares of Yahoo (Nasdaq: YHOO), the No. 3 search engine rose slightly after dissident investor Third Point Capital demanded access to confidential data.
Semiconductor Industry Lauds Congressional Boost For R&D Funds
The Semiconductor Industry Association, which represents the top U.S. chipmakers, lauded bipartisan approval in the U.S. Congress to boost funding for both the National Science Foundation (NSF) and the National Institute of Standards and Technology (NIST).
Micron Wins Japan?s Elpida To Boost DRAM Lines To Asia
Micron Technology Inc. (NYSE: MU), the only U.S. maker of memory chips, has won a bid for the assets of rival Elpida Memory of Japan, which collapsed in February.
Yahoo Shares Rise As Third Point Deadline Passes Without Action
Shares of Yahoo (Nasdaq: YHOO), the No. 3 search engine rose after the company said it was reviewing challenged backgrounds of top executives.
Technology Focus: Facebook?s Risky IPO Could Poison The Pipeline
Two weeks from now, management at Facebook (Nasdaq: FB), the No. 1 social network, will likely be partying. CFO Dave Ebersman probably will be tallying up at least $6.3 billion in cash from its initial public offering.
First Facebook Trade At $35? Not If History Has A Vote
Facebook (Nasdaq: FB), the No. 1 social network, has decided to pitch its initial public offering of 337.4 million shares at $35 apiece, which could raise as much as $13.6 billion, assuming over-allotment options.
IBM Acquires Tealeaf, SAP Spinoff, To Boost e-Commerce Platform
International Business Machines Corp. (NYSE: IBM), the No. 2 computer maker, said it agreed to acquire privately held Tealeaf Technology, a specialist customer analytics software.
