SAN FRANCISCO (AP) - Oracle's latest quarterly earnings climbed 8 percent, beating analysts' expectations. The business software maker surprised investors by releasing the results Monday. The fiscal fourth-quarter report had been scheduled to come out Thursday. Oracle Corp. didn't give a reason for the change of plans. The numbers came out after several analysts ...
MENLO PARK (AP) - Facebook is bringing one of its long-term vendors, facial-recognition technology company Face.com, in-house. The Israeli company's technology helps people tag photos on the Web by figuring out who is in the pictures. Face.com announced the purchase on its blog on Monday. Financial terms were not disclosed. Face.com did not say ...
SAN DIEGO (AP) - Mobile phone chipmaker Qualcomm Inc. has purchased programmable circuit developer Summit Microelectronics, which will broaden its product offerings. Financial terms were not disclosed. "This acquisition enhances the competitiveness of Qualcomm's chipset solutions and enables us to provide our customers with industry leading power management and charging performance," Steve Mollenkopf, Qualcomm's president and chief operating ...
NEW YORK (AP) - Computer maker Dell Inc. is planning to trim its expenses by more than $2 billion during the next three years as it tries to move into the more lucrative areas of technology. Dell outlined its cost-cutting plans Wednesday, the day after the company committed to paying the first quarterly dividend in its 28-year history. The quarterly dividend of ...