Noel's Feed
Jul 3, 2013

San Francisco area rail strike enters third day, talks continue

SAN FRANCISCO (Reuters) – Commuters in the San Francisco area endured a third day of gridlock on Wednesday, as rail workers resumed negotiations to raise their pay and end their first strike in more than 15 years.

The strike by 2,400 Bay Area Rapid Transit (BART)system workers, which began on Monday, came after acrimonious discussions over wages and benefits broke down hours before labor agreements expired late on Sunday. Each side blamed the other for abandoning talks to end the strike.

Jul 1, 2013

San Francisco area rail strike causes traffic nightmare

SAN FRANCISCO (Reuters) – Workers at the San Francisco Bay Area’s commuter rail system went on strike on Monday, creating gridlock on highways leading into the city and headaches for thousands of people trying to get to work.

Commuters stood in long lines waiting for specially scheduled buses outside locked train stations in the East Bay, while others cued up at “casual carpool” spots, where drivers and passengers regularly link up to ride into San Francisco.

Jun 28, 2013

Intel executives increase focus on Atom mobile chip

SAN FRANCISCO (Reuters) – Intel Corp’s top executives said on Friday the microprocessor company would speed up development and roll-out of its Atom chips for mobile devices, as the computing world moves away from the traditional personal computer.

The company is also being “cautious” on its Intel television service, as it continues to look at the business model, according to the company’s new Chief Executive Officer Brian Krzanich.

Jun 27, 2013

Software moguls Ellison and Benioff end feud, jump into deal

SAN FRANCISCO (Reuters) – Oracle Corp Chief Executive Larry Ellison and CEO Marc Benioff publicly ended one of Silicon Valley’s most bitter feuds on Thursday as they leapt into a major alliance aimed at selling more Internet-based software.

On a conference call to outline their new pact, the moguls, who in the past had been harsh critics of each other’s businesses, said they plan to collaborate in the fast-growing area of cloud computing.

Jun 26, 2013

Oracle and NetSuite unveil cloud-computing alliance

SAN FRANCISCO (Reuters) – Software companies Oracle and NetSuite announced an alliance to deliver cloud-based services to mid-size business customers, the third tie-up unveiled this week by Oracle as it pushes further into services delivered over the Internet.

The agreement will focus on integrating Oracle’s software for human resources with NetSuite’s services for enterprise resource planning and will be aimed at mid-size companies, Oracle and NetSuite said.

Jun 26, 2013

Nvidia delays new game device after finding problem

SAN FRANCISCO, June 26 (Reuters) – Nvidia Corp is
delaying sales of its new handheld game gadget, a setback in the
chipmaker’s bid to use its appeal with personal computer gamers
to challenge console makers like Sony Corp and
Microsoft Corp.

On Wednesday, a day before the scheduled launch, Nvidia said
it had discovered a “mechanical issue” in the Shield multimedia
device, which lets users play Android and PC games using either
the built-in screen or on their TVs.

Jun 24, 2013

Rivals Microsoft and Oracle team up on push into cloud

SAN FRANCISCO/SEATTLE, June 24 (Reuters) – Microsoft Corp
said on Monday it would support Oracle Corp
software on its cloud-based platforms, a tie-up aimed at
improving the rivals’ chances against nimbler Web-based
computing companies chipping away at their traditional

The two industry leaders have competed for decades to sell
technology to the world’s largest companies. But they face
growing pressure from new rivals selling often-cheaper services
based in remote data centers, and they are rushing to adapt.

Jun 24, 2013

Microsoft and Oracle join forces against smaller rivals in cloud

SAN FRANCISCO/SEATTLE (Reuters) – Microsoft Corp and Oracle Corp on Monday announced a tie-up to give the once-fierce rivals a leg up against newer Web-based “cloud” computing companies chipping away at their traditional businesses.

The two industry leaders have competed for decades to sell technology to the world’s largest companies. But they face growing pressure from more nimble rivals selling often-cheaper services based in remote data centers and they are rushing to adapt.

Jun 21, 2013

Oracle’s software sales disappoint, stock plummets

SAN FRANCISCO (Reuters) – Oracle Corp (ORCL.O: Quote, Profile, Research) missed expectations for software sales and subscriptions for the second straight quarter, sending its shares plunging as investors worried CEO Larry Ellison may have trouble getting the technology giant back on track.

On Thursday, Oracle executives forecast that new software sales and subscriptions will rise 0 percent to 8 percent this quarter and blamed weakness in the past quarter on disappointing sales in Asia and Latin America.

Jun 20, 2013

Oracle’s new software sales disappoint, stock drops

SAN FRANCISCO (Reuters) – Oracle Corp on Thursday reported a 1 percent increase in quarterly revenue from new software sales and Internet-based software subscriptions, at the low end of its own forecasts, sending its shares sharply lower.

Oracle, which is trying to fend off increasingly aggressive rivals focused on providing software over the cloud or Internet, also said it will move its stock listing to the New York Stock Exchange in July from the Nasdaq and that it plans to double its quarterly dividend.

    • About Noel

      "Based in Thomson Reuters' San Francisco news bureau, Noel Randewich covers the semiconductor industry and the growing use of microchips in everything from smartphones to home energy management. Prior to his San Francisco posting, Mr Randewich spent a decade covering emerging markets news in Mexico City."
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