June 17, 2008 |
Adobe Systems Inc. said second-quarter profit climbed 41% on sales of Creative Suite 3. Net income rose to $214.9 million, or 40 cents a share, from $152.5 million, or 25 cents, a year earlier, the San Jose company said. Sales advanced 19% to $886.9 million.
May 15, 2008 |
Verizon Wireless is backing a free operating system that competes with programs from Microsoft Corp., Google Inc. and Qualcomm Inc. and expects it to become the "preferred" software on its network. It's the first U.S. cellphone company to join the LiMo Foundation, which aims to unite handset makers, software companies and carriers on a software platform that will make it easier and cheaper to create a wide variety of phones. Verizon's endorsement is an important boost to the stature of LiMo, or Linux Mobile, in the U.S. LiMo already has the backing of large Asian and European carriers, as well as such handset makers as Motorola Inc., Samsung Electronics Co. and LG Electronics Inc.
May 3, 2008 |
Research in Motion Ltd. is working with SAP to develop sales management software and other business programs for the BlackBerry, seeking to expand the device beyond an e-mail and phone service. The first programs are designed to help companies send sales leads to their staffs, then provide tools to let employees follow up, the two companies said. The software will be available within several weeks.
April 2, 2008 |
Microsoft Corp. has won a battle to have a key document format adopted as a global standard, improving its chances of winning government contracts and dealing a blow to supporters of a rival format. The OpenDoc Society, which had argued that Microsoft's Office Open XML format was unripe for ratification by the International Organization for Standardization, published the results showing Microsoft's win on its website.
March 28, 2008 |
After criticism for allegedly blocking a popular software program for watching video online, Comcast Corp. pledged Thursday not to discriminate against specific technology as it tries to keep increasing amounts of data flowing through its cable networks. But the move may not be enough to keep Comcast, the country's largest cable company, from being disciplined by federal regulators or to resolve a complicated debate about how Internet providers can manage their online traffic.
March 4, 2008 |
Microsoft Corp. said Monday it would begin selling Web-based programs to smaller customers, countering a challenge from Google Inc. The company would begin testing online editions of its Exchange and SharePoint Server programs for companies with fewer than 5,000 employees, Senior Vice President Chris Capossela said. Blockbuster Inc. and Coca-Cola Enterprises Inc. are already customers for a service designed for larger companies, he said.
February 27, 2008 |
Microsoft Corp. said it fixed a glitch with its Windows Live program that shut users out of e-mail accounts and other online services. The problem, which prevented most customers worldwide from signing on, was resolved, the Redmond, Wash.-based software giant said. Windows Live ID, originally called Passport, gives users access to services such as Hotmail e-mail, the MSN Internet portal and Xbox Live video games with a single user name and password.
December 23, 2007 |
Yahoo Inc. has touched up its popular online photo-sharing service, Flickr, with free editing tools aimed at the growing number of shutterbugs who want to doctor their digital pictures. The editing software, introduced recently in a partnership with Picnik Inc., represents Yahoo's latest attempt to broaden Flickr's appeal as the Sunnyvale, Calif.-based company closes its older Yahoo Photos service.
December 18, 2007 |
Adobe Systems Inc. said Monday that fiscal fourth-quarter profit surged 21%, beating Wall Street expectations, thanks to record revenue after the company's biggest-ever software launch. Net income for the three months ended Nov. 30 was $222.2 million, or 38 cents a share, compared with $183.2 million, or 30 cents, in the year-earlier period. Fourth-quarter sales were a record $911.2 million, up 34% from a year earlier, exceeding the company's estimates of $860 million to $890 million.
November 13, 2007 |
IBM Corp. is making its largest acquisition ever, a deal announced Monday to buy Cognos Inc. for $5 billion in cash in an effort to keep up with rivals in "business intelligence" software. The deal would follow similar moves in the same market this year. SAP recently linked up with Business Objects for $7 billion and Oracle Corp. grabbed Hyperion Solutions Corp. for $3.3 billion. Cognos shares had soared recently on expectations that it too would be acquired.