NEW YORK (Reuters) – Microsoft Corp plans to buy Internet phone service Skype for $8.5 billion, a rich price as it seeks to regain ground on growing rivals such as Google Inc.
Microsoft’s interest in the money-losing but popular service highlights a need to gain new customers for its Windows and Office software. Skype has 145 million users on average each month and has gained favor among small business users.
SEATTLE (Reuters) – Microsoft Corp reported a dip in quarterly sales of its core Windows operating system, mirroring a recent downturn in personal computers and sending its shares down slightly.
The world’s largest software company met Wall Street profit estimates after strong sales of its Office suite of applications and Xbox game systems took up the slack.
SEATTLE, April 28 (Reuters) – Microsoft Corp (MSFT.O: Quote, Profile, Research, Stock Buzz)
reported a dip in quarterly sales of its core Windows operating
system, mirroring a recent downturn in personal computers and
sending its shares down slightly.
The world’s largest software company met Wall Street profit
estimates, as strong sales of its Office suite of applications
and game systems took up the slack.
SEATTLE, April 28 (Reuters) – Microsoft Corp is
expected to report an 18 percent jump in quarterly profit on
Thursday, as its reliable Windows and Office franchises keep
But that may not be enough to rouse its shares from a
decade-long slumber or ease fears that its dominance of personal
computing is waning.
SEATTLE (Reuters) – Microsoft might be about to report its earnings grew more than 20 percent on climbing revenue but the results will fail to rouse the software company’s shares from a decade-long slumber or douse fears its dominance of personal computing is waning.
The second-largest U.S. technology company is expected to post on Thursday yet another solid gain in earnings and sales for its fiscal third quarter, as its stalwart Windows and Office franchises rumble on.
SEATTLE (Reuters) – A rapidly declining dollar is helping U.S. companies sell drugs, chemicals, food and other goods to buyers in other countries, but slow growth at home is holding back expansion and new hiring.
The U.S. dollar has fallen about 16 percent against a range of currencies over the past year .DXY and hit a three-year low on Thursday, weakened by low interest rates and worries about a credit rating downgrade.
SEATTLE (Reuters) – VMware Inc (VMW.N: Quote, Profile, Research, Stock Buzz) beat Wall Street earnings estimates for the first quarter and indicated its margins would expand this year, as it landed some big new clients using its software for ‘cloud computing’, or online access to data and computing power.
VMware’s stock jumped 11 percent after hours, while others in the sector such as Salesforce.com Inc (CRM.N: Quote, Profile, Research, Stock Buzz) and Citrix Systems Inc (CTXS.O: Quote, Profile, Research, Stock Buzz), also rose.
SEATTLE (Reuters) – Japan’s earthquake and tsunami last month are still rocking a wide range of companies worldwide suffering from shortages of crucial electronics.
Motorcycle builder Harley-Davidson Inc (HOG.N: Quote, Profile, Research, Stock Buzz) dropped the low end of its shipments forecast on Tuesday because of problems getting hold of radio components. Revenue from phone handset maker Sony Ericsson (6758.T: Quote, Profile, Research, Stock Buzz) (ERICb.ST: Quote, Profile, Research, Stock Buzz) missed forecasts because of difficulties with displays, batteries and other parts.
SEATTLE (Reuters) – Microsoft Corp is making its strongest push yet into the steadily growing business software market in the hope that it can create another multibillion-dollar business.
The world’s biggest software company, which still gets the majority of its sales from its Windows and Office franchises, is hoping it can wrestle market share from heavyweights SAP AG and Oracle Corp, and upstart online vendor Salesforce.com Inc.
SEATTLE (Reuters) – More than one million website pages have been hit by a sophisticated hacking attack that injects code into sites that redirect users to a fraudulent software sales operation.
The so-called “mass-injection” attack, which experts say is the largest of its kind ever seen, has managed to insert malicious code into websites by gaining access to the servers running the databases behind the Internet, according to the technology security company that discovered it.