SAN FRANCISCO (Reuters) – Oracle Corp has all the pieces it needs to compete in cloud computing but is always interested in looking at compelling M&A opportunities, Chief Financial Officer Safra Catz told investors.
Speaking at Oracle’s annual investor day on Thursday, Catz said Oracle is now a one-stop shop for companies moving to cloud computing, while rivals like Amazon.com and Salesforce.com each offer some but not all of the necessary components.
Oct 3 (Reuters) – Applied Materials Inc said it
would cut its workforce by between 6 percent and 9 percent to
reduce costs as it struggles with a slowdown in its chip
manufacturing equipment business and troubles at its solar and
The Santa Clara, California, company is implementing a
voluntary retirement program and other measures to eliminate
between 900 and 1,300 positions, it said in a statement on
BOSTON/SAN FRANCISCO (Reuters) – Oracle Corp CEO Larry Ellison said he intends to drive growth at the world’s No. 3 software maker by promoting its current suite of cloud computing products and not through an acquisition.
The billionaire, who boosted Oracle revenue dramatically over the past decade through a series of purchases, said, however, he would not rule out a big deal “down the road”.
SAN FRANCISCO (Reuters) – Advanced Micro Devices Inc said Chief Financial Officer Thomas Seifert was leaving the struggling personal computer chipmaker to pursue other opportunities, sending its shares down almost 12 percent.
After filling in as AMD’s temporary CEO through August last year, Seifert now wants to find a permanent CEO position, a source close to the company said.
SAN FRANCISCO, Sept 13 (Reuters) – Passwords for online
banking, social networks and email could be replaced with the
wave of a hand if prototype technology developed by Intel makes
it to tablets and laptops.
Aiming to do away with the need to remember passwords for
growing numbers of online services, Intel researchers have put
together a tablet with new software and a biometric sensor that
recognizes the unique patterns of veins on a person’s palm.
SAN FRANCISCO (Reuters) – Apple Inc’s new iPhone goes on sale on Friday with a bigger screen and 4G wireless technology, as the company seeks to safeguard its edge over rivals like Samsung Electronics Co Ltd and Google Inc.
The iPhone 5 fulfilled many of the expectations laid out by gadget geeks and technology analysts ahead of its Wednesday unveiling but offered few surprises to give Apple shares — already near record highs — another major kick.
SAN FRANCISCO (Reuters) – Apple Inc on Wednesday took the wraps off the iPhone 5, the thinnest-ever version of a smartphone that yields the majority of its profit and helped it become the world’s most valuable corporation.
CEO Tim Cook, who took over from the company’s late co-founder Steve Jobs last year, faces pressure to introduce a gadget that can help Apple remain at the forefront of the industry. The iPhone 5 sports a larger 4-inch “retina” display, ability to surf a high-speed 4G LTE network, and is 20 percent lighter than the previous iPhone 4S.
SAN FRANCISCO, Sept 12 (Reuters) – Apple Inc Chief
Executive Tim Cook kicked off Wednesday’s coming-out party for
the new iPhone, the latest version of a device that yields the
majority of his company’s profit and helped it become the
world’s most valuable corporation.
Cook, who took over from the company’s late co-founder Steve
Jobs last year, began as usual by describing the growth of its
online store and media content. But the star of the event will
be the so-called iPhone 5, to be unveiled later and expected to
sport a larger screen and ability to surf a high-speed 4G LTE
SAN FRANCISCO, Sept 11 (Reuters) – Intel Corp
showed off hybrid tablets and ultrabook laptops with voice and
gesture recognition technology along with an upcoming low-power
chip in a bid to convince Wall Street a slump in the personal
computer industry is only temporary.
At the annual Intel Developer Forum in San Francisco, the
company demonstrated sleek “ultrabook” laptops with improved
gesture- and voice-recognition features, similar to those
already found on some smartphones.
SAN FRANCISCO (Reuters) – Intel Corp showed off hybrid tablets and ultrabook laptops with voice and gesture interfaces along with an upcoming low-power chip in a bid to convince Wall Street that a slump in the personal computer industry is only temporary.
At the annual Intel Developer Forum in San Francisco, the company demonstrated sleek “ultrabook” laptops with improved gesture- and voice-recognition technology, similar to features already found on some smartphones.