Oracle pulls in US$2.6 billion Q3 profit

Oracle Corp. scored a net profit of US$2.6 billion on revenues of $9.3 billion for the three-month period ending Feb. 28, a two per cent increase over the same period a year ago.

Share on LinkedIn Share with Google+ Comment on this article Published on: March 18th, 2014 Howard Solomon

Salesforce by the numbers

Salesforce.com is arguably the poster boy for software as a service. The cloud-based customer relationship management offering is the first that comes to mind when SaaS is mentioned, and with good reason: It

Share on LinkedIn Share with Google+ Comment on this article Published on: March 9th, 2014 Howard Solomon

Juniper Network changes strategy, tightens network products

After taking a look at its strategy Juniper Networks’ new CEO has written a new operating plan to “refocus the company on innovation that matters most to service providers and enterprises.” Shaygan Kheradpir,

Share on LinkedIn Share with Google+ Comment on this article Published on: February 21st, 2014 Howard Solomon

HP continues slow turnaround

It’s been two and half years since Meg Whitman took over Hewlett Packard Co. in the wake of a controversial $10 billion acquisition, negative comments from the financial community about its strategy, a

Share on LinkedIn Share with Google+ Comment on this article Published on: February 21st, 2014 Howard Solomon

Cisco profit drops for second consecutive quarter

Cisco Systems Inc. has often been seen as a bellweather for the IT industry because it is so dominant in its field, which covers networking, servers and security. So Wednesday’s financial results, in

Share on LinkedIn Share with Google+ Comment on this article Published on: February 13th, 2014 Howard Solomon

Bell adds almost 120,000 wireless subscribers in Q4

BCE Inc. had fourth quarter revenue of $5.382 billion, led in part by its Bell Mobility division which reported another strong period. However, profit for the quarter was down nearly 26 per cent

Share on LinkedIn Share with Google+ Comment on this article Published on: February 6th, 2014 Howard Solomon

OpenText still looking for acquisitions

Hard on the heels of closing its latest acquisition, OpenText Corp. said it is prepared to spend $3 billion on buying technology in the next five years. Company CEO Mark Barrenechea made the

Share on LinkedIn Share with Google+ Comment on this article Published on: January 24th, 2014 Howard Solomon

Surface tablets, Xbox lift Microsoft profits

Microsoft Corp. reported a 14 per cent growth in revenue to US$24.51 billion in its second quarter earnings, thanks largely to sales of its Surface tablets and Xbox game consoles. The company’s revenue for

Share on LinkedIn Share with Google+ Comment on this article Published on: January 24th, 2014 Nestor E. Arellano

Ontario pension fund to more than double technology investments

Canada’s largest pension fund, The Ontario Municipal Employees Retirement System (OMERS), is more than doubling its investments in Canadian technology companies this year. This will be the second round of funding which OMERS

Share on LinkedIn Share with Google+ Comment on this article Published on: January 17th, 2014 Nestor E. Arellano