(Reuters) – SAP AG’s purchase of Web-based software company SuccessFactors Inc could be the catalyst the old-school German technology giant needs to try to catch up to rivals in the fast-growing cloud computing market.
SAP has struggled for more than five years to create business applications that are hosted on the cloud, or Web, and the company lags behind pioneer Salesforce.com Inc and larger rival Oracle Corp in the so-called software as a service (SaaS) market, analysts say.
Dec 5 (Reuters) – SAP AG’s (SAPG.DE: Quote, Profile, Research) purchase of Web-based
software company SuccessFactors Inc (SFSF.N: Quote, Profile, Research) could be the
catalyst the old-school German technology giant needs to try to
catch up to rivals in the fast-growing cloud computing market.
SAP has struggled for more than five years to create
business applications that are hosted on the cloud, or Web, and
the company lags behind pioneer Salesforce.com Inc (CRM.N: Quote, Profile, Research) and
larger rival Oracle Corp (ORCL.O: Quote, Profile, Research) in the so-called software as
a service (SaaS) market, analysts say.
PARIS (Reuters) – A boom in online display advertising like banners and videos has touched off a gold rush for tech start-ups seeking ever finer ways to target marketing to web surfers, turning the best of them into unexpected rivals and prey for Google Inc (GOOG.O: Quote, Profile, Research, Stock Buzz) and major ad agencies like WPP Plc (WPP.L: Quote, Profile, Research, Stock Buzz).
Most of these start-ups gather data with so-called cookies, small pieces of text that Web browsers drop onto users’ machines to track their movements from site to site.
PARIS (Reuters) – Book publishers have survived the first stage of a digital revolution in better shape than the music industry and are now embracing the shift to e-books in their search for new revenue streams and lower costs.
The industry has been battered this year by a significant shift from physical books to e-books that has transferred power to Internet retailers led by Amazon (AMZN.O: Quote, Profile, Research, Stock Buzz) and helped put some high-street chains like Borders (BGPIQ.PK: Quote, Profile, Research, Stock Buzz) out of business.
PARIS (Reuters) – Europe’s biggest satellite operator Eutelsat (ETL.PA: Quote, Profile, Research, Stock Buzz) is more accustomed to staking out territory in outer space than worrying about earthly politics, but this year it was plunged into the thick of the Arab Spring.
The company has benefited as populations clamor for news coverage from its customers in the Middle East, in particular fast-growing broadcaster Al Jazeera.
LONDON/PARIS (Reuters) – British tabloid veteran David Montgomery is eyeing a return to the newspaper business via a restructuring of heavily indebted southern French regional newspaper group Groupe Hersant Media, he said on Tuesday.
Montgomery, a former editor of Rupert Murdoch’s News of the World and until recently chief executive of European newspaper group Mecom (MEC.L: Quote, Profile, Research, Stock Buzz), said he was in talks with Hersant’s creditor banks and would reach a deal by year end if at all.
LONDON (Reuters) – Book publisher Penguin, a unit of Pearson (PSON.L: Quote, Profile, Research, Stock Buzz), sees “dark clouds” gathering after a strong Christmas, as structural and cyclical factors combine to obscure the view.
Penguin’s Chief Executive John Makinson said on Tuesday the publisher’s Christmas list was strong — with authors including comedian Lee Evans, “Diary of a Wimpy Kid” writer Jeff Kinney, and Tom Clancy — although not as strong as last year’s. Sales in the first nine months of the year were flat.
LONDON (Reuters) – (For other news from the Reuters Global Media Summit, click here) The Financial Times expects its print advertising revenues to be overtaken by subscription and cover price sales for the first time this year, marking a milestone on its road to escape its dependency on volatile advertising markets.
The FT, the only unit of British publishing group Pearson (PSON.L: Quote, Profile, Research, Stock Buzz) with significant exposure to advertising, has been at the forefront of making consumers pay for news on the Web, and now makes almost 30 percent of its revenues online.
LONDON/FRANKFURT (Reuters) – AT&T said it would take a $4 billion charge in case its takeover of T-Mobile USA fails, a tacit recognition of the dwindling chances that the deal will get through U.S. regulators who say it would destroy jobs and curb competition.
The U.S. telecommunications group and T-Mobile owner Deutsche Telekom, said they would continue to pursue anti-trust approval for the $39 billion takeover from the U.S. Department of Justice, but withdrew applications to the industry regulator, for now at least.
LONDON/NEW YORK (Reuters) – Amid a global economic environment plagued by debt, joblessness and recession fears, an unlikely haven has emerged for investors in the form of media companies that own sports rights.
It’s been a long time since media companies were considered a good investment, but there’s no doubt that the business of sports has so far been immune to most of the economic damage — a theme likely to be prominent in the Reuters Global Media Summit in New York, London and Paris next week.