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May 2012
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Deutsche Telekom Profit Tops Estimates

The Deutsche Telekom AG company logo is seen outside the company’s headquarters in [...]

BlackBerry Curve 9320 Price Announced for Three Network

Curve 9320 smartphone will be available on its mobile network from 14 May, 2012 on contract and pay as you [...]

Cisco Systems 3Q Earnings Preview: Going Up

“When I started, I viewed my job as three main areas: vision and strategy of the company, development and recruitment of the team to implement that vision and strategy, and the need to communicate all of the [...]

Oracle Losing Ground as More Companies Move onto Cloud

Salesforce has made significant gains in the past few months, as more organizations choose cloud-based services over physical IT infrastructure solutions, Companies as diverse as Bayer AG, Zynga [...]

Oracle Losing Software Growth as Business Shifts to Cloud: Tech

When Activision Blizzard Inc. needed new software to help it field questions from users of its “Call of Duty” shooter franchise and other games, it held a bakeoff between Oracle [...]

Oracle losing ground as firms look to the cloud

When Activision Blizzard needed new software to help it field questions from users of its “Call of Duty” franchise and other games, it held a bakeoff between Oracle and Salesforce.com. Oracle [...]

Sprint partially downgraded over ‘punishing’ commitment with Apple

Sprint Nextel dropped the most in more than a month after Sanford C. Bernstein downgraded the company to underperform amid concern it won’t sell enough iPhones to afford its ‘punishing’ commitment with Apple, notes “Bloomberg” . The high costs of network upgrades, a “stupendous debt burden” and a “hobbled 4G offering” that may be insufficient to … [...]

Business briefs

AT&T Inc. and two of its rivals have agreed to postpone their lawsuits over AT&T’s acquisition of T-Mobile USA now that the $39 billion deal is in [...]

Cramer Tech Picks: 2 Buys, 2 Sells

Jim Cramer, host of CNBC’s Mad Money, was net bullish on stocks last week. Of the 52 calls made between November 7 10, 43 were “buys” and just 9 were “sells.” Volatility remains elevated, and the wild gyrations in U.S. markets in the last week helped the Dow Jones Industrial Average hold onto a gain for the [...]

Amazon’s Earnings Pop; Nokia’s Decline

The e-commerce giant earned 41 cents a share on revenue of $9.91 billion. Analysts were expecting Amazon to report a second-quarter profit of 35 cents a share, compared with 45 cents in the year-ago [...]